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Petrol prices in Newbury |
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Oct 10 2013, 05:55 PM
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QUOTE (newres @ Oct 10 2013, 06:28 PM) Err, credit crunch. What has lending money to people who shouldn't have been lent to got to do with a free market economy?
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Oct 10 2013, 06:15 PM
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QUOTE (dannyboy @ Oct 10 2013, 06:55 PM) What has lending money to people who shouldn't have been lent to got to do with a free market economy? The market was free to do it.
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Oct 10 2013, 06:19 PM
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QUOTE (Andy Capp @ Oct 10 2013, 07:15 PM) The market was free to do it. but not free enought to sustain it.
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Oct 10 2013, 06:20 PM
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QUOTE (Andy Capp @ Oct 10 2013, 06:32 PM) Now, if you wish to promote the idea that while we pay a bit more for our fuel, our groceries might be cheaper, then lets see some examples. It is a plausible idea. Having looked it doesn't appear that it's true. A quick look suggests that Asda just charge less for the groceries. To be honest I have no idea whether Asda charge less for their fuel or not, I've simply taken what Richard said to be true, so if Asda do indeed charge less for their fuel while at the same time charging less for their groceries then, if the quality is the same, that sounds like a good deal for the consumer.
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Right an injustice - give Simon Kirby his allotment back!
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Oct 10 2013, 06:27 PM
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QUOTE (dannyboy @ Oct 10 2013, 06:55 PM) What has lending money to people who shouldn't have been lent to got to do with a free market economy? That is either simplistic and ignorant view or you are trolling and doesn't deserve an answer.
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Oct 10 2013, 06:30 PM
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QUOTE (Simon Kirby @ Oct 10 2013, 07:20 PM) Having looked it doesn't appear that it's true. A quick look suggests that Asda just charge less for the groceries. To be honest I have no idea whether Asda charge less for their fuel or not, I've simply taken what Richard said to be true, so if Asda do indeed charge less for their fuel while at the same time charging less for their groceries then, if the quality is the same, that sounds like a good deal for the consumer. Not necessarily for the producer though. Google Vlasic pickles if you don't know about it. Symptomatic of Walmart's way of doing business.
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Oct 10 2013, 06:34 PM
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QUOTE (Simon Kirby @ Oct 10 2013, 07:20 PM) Having looked it doesn't appear that it's true. A quick look suggests that Asda just charge less for the groceries. To be honest I have no idea whether Asda charge less for their fuel or not, I've simply taken what Richard said to be true, so if Asda do indeed charge less for their fuel while at the same time charging less for their groceries then, if the quality is the same, that sounds like a good deal for the consumer. That is a good point. Often things aren't necessarily like for like. While Asda and similar places are very keen on price, you have to wonder why. What do they do that makes things cheaper. Is quality compromised; who is paying for this discount. So while we squabble about the finer details of the economic environment, I think we both realise that there's no such thing as a free lunch, notwithstanding that these places have taught us to devalue good food. However, where were we...?
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Oct 10 2013, 06:36 PM
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QUOTE (dannyboy @ Oct 10 2013, 07:19 PM) but not free enought to sustain it. Exactly, hence the OP's point.
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Oct 10 2013, 06:37 PM
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QUOTE (On the edge @ Oct 10 2013, 07:35 PM) In banking, arguably the market worked. What went wrong was unlawful action by some participants - who were subsequently prosecuted. Regulation was in place, but as is the experience in other places they exist, it didn't work. Yes, but it serves to illustrate why we might need regulation, so the point still stands I think. A completely free market has no conscience.
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Oct 10 2013, 06:43 PM
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QUOTE (Andy Capp @ Oct 10 2013, 07:36 PM) Exactly, hence the OP's point. No what was needed was less regulation. The market wasn't free enough.
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Oct 10 2013, 06:44 PM
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QUOTE (dannyboy @ Oct 10 2013, 07:43 PM) No what was needed was less regulation. The market wasn't free enough. Cobblers. What was and is needed, was effective regulation.
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Oct 10 2013, 06:45 PM
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QUOTE (Andy Capp @ Oct 10 2013, 07:34 PM) That is a good point. Often things aren't necessarily like for like. While Asda and similar places are very keen on price, you have to wonder why. What do they do that makes things cheaper. Is quality compromised; who is paying for this discount. So while we squabble about the finer details of the economic environment, I think we both realise that there's no such thing as a free lunch, notwithstanding that these places have taught us to devalue good food. However, where were we...? About to tuck in to a Smart Price tv diner for one?
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Oct 10 2013, 06:46 PM
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QUOTE (Andy Capp @ Oct 10 2013, 07:44 PM) Cobblers. What was and is needed, was effective regulation. Cobblers to you too.
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Oct 10 2013, 06:46 PM
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QUOTE (The Hatter @ Oct 10 2013, 07:44 PM) Does anyone know the actual difference between filling up in Newbury rather than Reading? I don't do a massive mileage but for me it would't be much extra. Then again, I'm paying over the odds for a train season. From empty to full on a 40L tank is 40 x ~5p. About £2.00.
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Oct 10 2013, 06:48 PM
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QUOTE (Andy Capp @ Oct 10 2013, 07:37 PM) Yes, but it serves to illustrate why we might need regulation, so the point still stands I think. A completely free market has no conscience. Your last comment is right but why should it? Put it this way, have you ever turned down a pay rise or a bonus?
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Oct 10 2013, 06:51 PM
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QUOTE (The Hatter @ Oct 10 2013, 07:48 PM) Your last comment is right but why should it? Put it this way, have you ever turned down a pay rise or a bonus? In actual fact no, but I would defiantly be mindful of pricing myself out of the market if I was at the top of my pay scale. The more you earn, the more reason to find a cheaper alternative.
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