I am glad to see somebody in this place admit it's complex. So far everybody has claimed it's simple as shit. Just have to government wave a magic wand and make food prices lower, make house prices lower, make fuel prices lower, make taxes lower, give a raise to nurses and doctors and teachers and make racism disapear.

Prices will go up if for no other reason than you are going to lose economies of scale. I don't think any economist would dispute that.

[–] RaoulDuke 1 points 1 year ago (1 children)

So far everybody has claimed it’s simple as shit. Just have to government wave a magic wand and...

No one is saying that here. Please stop building straw men.

Prices will go up if for no other reason than you are going to lose economies of scale. I don’t think any economist would dispute that.

Any economist worth their shit knows that when a market is controlled by one or two players - like the current supermarket industry in NZ - they will use that position to stifle competition. This leads to over-inflated pricing, and far-outweighs any economies of scale. We know that's happening now because the supermarket industry is much more profitable than comparable industries in NZ, and businesses in the same industry overseas. If you're not convinced, read the Commerce Commission report. It gives far more evidence than either of us could bring up here.

[–] BalpeenHammer 1 points 1 year ago (1 children)

No one is saying that here. Please stop building straw men.

Many people here are saying it. In fact most people are saying it.

[–] RaoulDuke 1 points 1 year ago (1 children)

Can you link to some comments saying that?

[–] BalpeenHammer 1 points 1 year ago

So you don't think it will achieve any of that and yet you still want it?