Milk price-fixing hides loss of purchasing power
Milk prices will not rise if the Farm Bill is not renewed. We would then pay the actual price for milk, not by artificial price-fixing. Who benefits from the fix? The farmers may get their profit via government subsidy. The purchaser “benefits” because the product is affordable, but this is through deception. The government benefits. When people have to hand over more dollars for a main staple such as milk, they want answers. Government doesn’t like dissent. So this staple “stays affordable” to docile people and gives the illusion that we are fine.
This milk price-fixing is to conceal the loss of the people’s purchasing power to buy goods and services. This loss is due to increasing the money supply (inflation) in our monetary system, thereby devaluing each dollar already in existence. Rising prices are a perceived symptom of inflation. This is perceived because prices actually do not rise; it is the value of the dollar going down. This is the main reason why we need to hand over more dollars to complete the same transaction as before. The fixing is the hiding of this devaluation that deceivingly steals the people’s wealth and especially hurts the lower middle class, the poor and those on a fixed income. The core problem is that we do not have sound money.
People are going to say that the Farm Bill must be renewed because they cannot afford to pay $6 a gallon for milk. Blame the Federal Reserve and our elected officials who back this hybrid organization for why we cannot afford things. These people tip that first domino with the chain reaction resulting in our wealth being pilfered from us. The more money created into existence out of thin air (stimulus, fractional reserve lending, etc.), the more we will not be able to afford goods and services in the future.