You are watching: What does that have to do with the price of eggs in china
"What walk that need to do v the price of egg in China?"That’s a expression my Dad supplied to invoke when I would raise a question he didn’t care to answer—or did no feel was germane come an worry under review. Miscellaneous would happen that displeased him, he would certainly take ideal action…which I would certainly question, with typical adolescent-centric logic…and he would throw out that line. Example: “You were late gaining home critical night,” he would note, before informing me mine driving privileges were being curtailed.“But I had actually to take it (insert high school babe-of-the-week name) residence after band practice,” I would certainly explain. “What’s that gained to do with the price of eggs in China?” he’d shooting back, basically shutting down any other negotiation ~ above the issue.
It’s a great tactic—try it on your kids this week. It’s additionally a more meaningful question in light of the current financial instance in this country—and others. In the wake up of the coordinated rate cuts roughly the world, inquiries are now being raised around other linked outcomes...like the price the eggs, and a lot of other stuff, in China and elsewhere.Here’s one example: Fuel prices have actually been coming down daily. As I remarked on-air months ago, I expected gasoline to be priced under $3/gal by election Day. The comment to be made native a then-cynical perspective of just how the Federal federal government has and also does manipulate markets to manage behavior.
Everyone in Washington wants voters to think “their man” is responsible because that relieving the pain at the pump, in order to garnering votes on November 7. Guess: v what?Today it came true, at the very least in mine neighborhood.Regular Unleaded at under $3/gallon, with 3-1/2 weeks come go till Election Day.While the is true the pain in ~ the pump has actually been lessened, the gaue won analgesic because that one issue shows up to be a fiscal drug in another: tax revenues. The credit calamity and also crisis of confidence could leap-frog indigenous the banks and also bourses that the people to the state, county, and city seats of government.High fuel prices have been a double-edged sword—we’ve hated payment them, but they’ve swelled the coffers of government with earnings for structure roads, maintaining highways, and also funding the things we’ve get an impression to mean from our regional governments. For this reason be cautious what you"re cheering about. It may be (relatively) cheaper to to fill up, yet will there be one more piper to salary in January once governments uncover their balance sheets aren"t as flush as they expected.By the way, remember once we shunned oil companies and also threatened to boycott gasoline stations when the price the fuel soared past $2/gal.? How"s that pot of warm water feeling these days, fellow Toads?It’s been said that once the United claims sneezes the rest of the world catches a cold.
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Our residential financial instance is contagious, and the remainder of the world has contract financial influenza. And also that’s what this has obtained to execute with the price that eggs—and oil—in China.