French Farmers Protest, The Misdirected Blame

Understanding The Cantillon Effect is critical to the reason behind the French protest.
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[@Eye_Of_My_Apple]

The EU implements bans on chemicals and farming practices for its own citizens because those practices are “bad” but; then the EU imports food from farmers who use those same banned chemicals and farming practices. The plight of farmers in Western nations should not be diminished to “well it’s the Cantillon effect or it’s the bullwhip effect.” There are so many layers to this it should not be so easily dismissed. These economic concepts are natural or organic but are driven and aimed with a purpose. When all you have is a hammer, everything looks like a nail.

[@djangogeek]

I agree that it’s all taking place. The economic and political forces are taking place at the Same time and wreaking havoc

[@texasyankee20066]

Agreed. Government intervention that punishes their own farmers by imposing taxes and banning common farming techniques came into play before all the rest.

[@thomaspaulson579]

The govt intervention is due to the fraud built into the monetary system. Govt is not king, money is. Govts control it while the monetary mafia collects in the shadows.

[@gosnellktn]

the farmers are protesting restrictions them using fertilizer and other regulations that make it impossible to farm at a profit. it's not about bullwhip or cantillon. the small to mid size farmers can't comply with the demands. this a protest against the net zero carbon policies of the EU. prices at the stores is a whole different protest.

[@annagreco7470]

You are correct

[@ricksanchez7459]

Yup. Tired of being told how to do their job by people who aren't even their countrymen.

[@UneducatedEconomist]

I understand that politics play a role in this. However if the economy wasn't in the position it is in the politicians would not be able to conduct themselves in this fashion.

[@AllNighterHeider]

​@@UneducatedEconomistthe squeezing blood from a rock thing.

[@sneaky-soft7848]

@@UneducatedEconomist Have you ever tried growing large amounts of food without fertilizer, fungicide, or pesticide? For some sectors of French agriculture, the farmers aren't even allowed to use plants that were bred for disease resistance. This is not the Cantillon effect or the bullwhip effect.

[@jacquiollard8784]

farmers spraying manure on their parliament - priceless

[@brodyalden]

“Make them make you grow your own food” 😂

[@tedlogan4867]

Two things. Politicians are responsible for foreign trade policy, treaties and agreements. Politicians are also responsible for ever increasing regulations and restrictions on food production and distribution/transportation (think e-vehicles and bans on fertilizer). In the final analysis, complete ignoramuses who know little to nothing about farming, in this specific example, are regulating at a granular level of detail farming and food production.

[@UneducatedEconomist]

Politicians only act the way they do is because the economic environment gives them the ability to do so. The fact that the economic forces are at play is the reason for their feeble attempts.

[@tedlogan4867]

@@UneducatedEconomist Politicians have an enormous power as to the economic environment, certainly much more than you or I. They literally set policy, especially foreign economic policy. edit P.S. look at who is in charge of the economic policy in the U.S. right now, as well as in the E.U., none of them are proven economists or investors or successful in any way in the private sector, they're lifelong bureaucrats and politicians, who make most (if not all of their decisions) on policy to protect their positions of power, not in response to economic environments. Have you not been paying attention to reality?

[@AllNighterHeider]

​@@tedlogan4867I think you give politicians way too much credit. Those with the real power, the banksters, tell the politicians what to say, how to act and probably how many squares of TP they're allowed in the bathroom. Those that are responsible for the evil mess were in definitely don't want anyone to know they're responsible. Politicians are just patsies for the banksters so the banksters don't get lynched. In return, politicians are rewarded very well for their risk and show of WWF political theater. In my opinion

[@tedlogan4867]

@@AllNighterHeider When I use the word "politician" I also include the unelected bureaucrats who set economic policy i.e. chairman of the Fed and Sec of Treasury. They sat back, for purely political reasons in my opinion, and waited to begin raising rates because that would mean they'd have to admit that the economy is in recession for at least 3 quarters... let that sink in. They set policy certainly to benefit the Blackrocks and Vanguards and Citi and World Bank, for sure, but who funds the political parties? Very little of the economic environment over the last few decades especially, is organic and most, if not all of that environment is a direct result of policy set by a handful of career losers and theorists who do not care to improve the economy in general, rather they care about their personal portfolio and the mega banks and hedgefunds that pay into their parties coffers.

[@AllNighterHeider]

@@tedlogan4867 I see, so we're not that far off from each other. Definitions matter big time. When I think unelected, I think bankster and I think of dynastic wealth that does not have a political title. Political affiliations, yes, but no title. On the other hand, when I see the net worth of garbage like piglosi, I see a lot of networth built on obedience to the whims of the dynastic wealth. These political fools are just smart enough to sound good and sway the public with their rhetoric, but are only useful for perception management and as a body to direct public aggression towards. My main reason for feeling this way is the liquidity of currency. I see both political power and dollars as currency. Only one can be directly used at virtually any establishment on earth to buy virtually anything on earth. Otherwise, tyranny wouldn't be subtle but would be very easy to spot and disagree with. Liquidity could also be called acceptance, political tyranny is less accepted than dollars. I bet if we were able to more efficiently, verbally communicate, we would agree much more than we disagree

[@djangogeek]

The French government put regulations around fertilizers and other climate change initiatives which make it to where the domestic farmers can’t afford to be in compliance with the regulations. Foreign producers which find it easier to be in compliance or don’t actually have the same regulations can still sell their products though. This is the addition of new regulations into a market causing a bullwhip effect to take place and disrupting the supply chain.

[@hag12100]

The French are famous for protesting...Yet, nothing gets solved.

[@robbarabanoff-wd3ef]

Just pay your taxes and all will be fine until they take everything. At some point you lose all power to say no.

[@JimLambrick]

Part of your taxes go to subsidize farmers. Pure pork barrel politics.

[@paulwiens5918]

I from Canada. This is a reminder of the trucker’s rally! I support the farmers!! Reduce government!!

[@JimLambrick]

I agree. Get the government out of farming entirely. Let the market decide. Get rid of soviet style farm marketing boards.

[@UpRiverRafting]

Nope. It's about freedom. Farming takes energy.

[@AJ-vp8sj]

Don't take this the wrong way, but a man with a hammer sees everything as a nail. While economics does play a part, like the reduction of the total number of farms prior to this net zero madness. In this case, it is political policies which have sent the EU farmers out to protest. Net Zero goals are explicitly targeting agriculture, from mandatory reductions in fertilizer, mandatory reductions in nitrogen emissions, removal of diesel subsidies and so on. After these policies are implemented, THEN we see the knock on economic effects on the food supply.

[@UneducatedEconomist]

It's hard to see the economic forces that are at play. But it's easy to see political reasons. The fact that there are regulations is a testament to the economic forces that are allowing politicians to behave in ways that they would never have been able to get away with.

[@AJ-vp8sj]

@@UneducatedEconomist Sure, however a caution is thinking that policy makers are acting in economically rational ways in the first place, when frequently it's the opposite. Policy is often implemented that is at odds with any rational/favorable economic outcome, in the absence of any rational analysis, and that typically happens when there is ideological capture. In this case I would put ideological capture via Green policies as the proximate cause of these protests.

[@UneducatedEconomist]

I never thought or said governments act in a "rational way". I don't believe there efforts are worthy or helpful. I'm not advocating for government , I'm just putting the responsibility for the current conditions in the focus. Blaming politicians will blind you to the causes that have impacted economies for centuries.

[@AJ-vp8sj]

@@UneducatedEconomist Peace, I'm not saying you're advocating for government or think they are rational. My critique of the video is that sometimes, as in this case, it is ideologically driven political decisions, and not just economic forces which are the proximate cause for some issue. Of course the economic forces happen in parallel, the question is, what kicks off an event? I'm saying don't get the cart before the ox.

[@charlietubeification]

Ever since you started pushing you $ channel, you've changed for the worse. The farmers protest is all about environmental controls on the farmers. Lefties are now even trying to say backyard gardens are bad for the environment. Wake up.

[@jimbobarooney2861]

The problem is prices have fallen for the farmers, eg milk prices. These reductions have not been passed on to the consumer, another example of corporate gouging

[@JimLambrick]

Here in Canada, thanks to Quebec political power, we have "Supply Management" in the dairy industry. That is farm-gate price controls, Soviet style. Which means we pay roughly twice the price for milk as they do just a few miles away in the US. Nothing to do with retailers. Virtually all dairy farmers I know are very well off.

[@southtexasprepper6605]

You're saying the blame is on the Cantillion effect, but it is the policies of the ruling class that has caused effect, the system is a big looting of the working people of this world.

[@UneducatedEconomist]

Politicians are responding, and I don't "blame" , it is the reaaon, and the only person who is at fault is me for not positioning myself properly to deal with the current environment.

[@jamesandrew62]

Food, fuel, logistics. These are the fundamentals.

[@Avatarace01]

i pray that Americans aren’t so far defeated from our government overlords that we cant mimic the french, i’m positive someone in history said somthing along the lines that every so often the fires of liberty must be reignited to burn away the rot. that time is probably already past us, but it’s also better to be late to this than to never do it.

[@balsarmy]

It is nit just politics. People also made this happen when we didn't notice negative effect of certain agents in the market because people are lazy.

[@alens18]

I dont think french people have too small wages to buy local food. I think that was intentional because top 1% wants to have monopol without people making their own food

[@hailandfire1822]

The farmers have a valid point. If market forces or political/legislative actions close down farms, what will you do when the foreign suppliers cease to send in their cheaper goods (due to monopoly, mismanagement, war etc)? You cannot source all your goods and services under a pure free trade system when half the countries out there are mercantilist or outright dictatorships. Any politician that plays this game is committing treason so they can get a board seat with some lobbyist's company.

[@UneducatedEconomist]

Regardless of the farmers point the forces at play are not reversible. This is not a plan but the results.

[@brodyalden]

Thanks Simon

[@alexpitcher4778]

Does this not all come from political policies during the pandemic ? Shutting down the world crushing supply and increasing demand and over stimulating the economy at the same time ? Which was all policy’s driven by political so it kind of is politics to blame no ?

[@lilblackduc7312]

If I comment with anything 'constructive', the censors will suppress me.

[@PinchinPennies.]

I kindly disagree. While I agree with you on some of the economics side of this story there is definitely more too it than the bull whip effect. Even in the articles I read about this they stated that the French government and the EU have tougher “green” regulations on farmers whether it be not using pesticides, fertilizers or taxing C02 emissions, and for them jacking up diesel prices. The EU also has a pending trade agreement with Mercosur that has cheap labor, and little regulation, where they import a lot of…you guessed it agriculture goods. There are also other nations such as Chile, Kenya, and Ukraine, who don’t have strict “green” regulations that they import from. Giving the French farmers a disadvantage for selling crops (obviously). A lot of these farmers were small family owned (right leaning) that probably could not afford to bend with these regulations or simply did not want too. Add it all up and decide for yourself. But I humbly believe there is a bit more to it than simple economics. Sounds like the French government doesn’t give two hoots if the Farmers go under, lack of subsidies, and no security nets it’s a very complex situation. Just my two cents. Love your work man!

[@UneducatedEconomist]

As I appreciate all my viewers and their opinions and insights, I must say literally everything you mentioned is a political response to the postion in which the economy now sits.

[@danielj3010]

You the man!!

[@darwingortiz7013]

Where is this supposedly cheap food at?

[@John-hw4eo]

Four words: Just In Time Manufacturing Not sure if you've explored this before. The mindset has invaded just about every enterprise on this planet. It certainly has a stranglehold in the United States. BUFFER, reserves, extra rainy-day stock, in all senses of the word from design engineering to, well, money savings itself....all seen as WASTE. It's a terribly dangerous perspective that seems to trade risk for reward proportionally under the ASSUMPTION that something like 2020 will NOT happen.

[@FelixTheCat69]

Well, this is a very interesting angle for all of us who believe that the G7 are all in on a one world government where we will own nothing and be miserable. Hey, I heard the first super sleuth catch Powell's change in language, but he wasn't able to say average over time. So, he noticed the different way Powell referred to the target rate, but didn't quite articulate the difference very well. You nailed it. Oh, and even though I believe they are attempting a coup, I'm not nearly as worried about it as when I first learned about it. Tides are turning and we have a better chance now. So, thanks to you and one other youtuber for that. I was deep in the Lynette Zang and Mark Moss camp in the beginning. Btw, Lynette left ITM unceremoniously without even saying goodbye the other day. No mention of where she is going or anything. No idea what went down, but she promised to be there through the reset (if it occurs), so this was quite a shocker.

[@UneducatedEconomist]

Wow she left ITM? That is news to me.

[@AllNighterHeider]

There's lots of speculation that Lynette was let go because in her last interview she spoke as though no changes were coming between her and ITM, talking to Danielle as though they would be hanging out at the next event, zero warnings of any kind. That made it very suspicious. I haven't clicked on an ITM video since.

[@FelixTheCat69]

@@AllNighterHeiderLOL so you thought she knew they were parting ways. I thought the opposite because she didn’t say goodbye, but I see your point. Not one warning about the economy. That is definitely odd. Tbh, I was not happy about Daniella moving to ITM. To me, it’s all doom and gloom for clicks. The world was supposed to end last June when contracts needed to be rewritten for the SOFR conversion. That came and went and there was never an acknowledgement of how wrong they were.

[@AllNighterHeider]

@@FelixTheCat69 No, I don't think she knew and that's why she didn't warn us about maybe splitting. I would think if she knew she would have informed us somehow in that last interview

[@AllNighterHeider]

Political decisions can be made and changed very quickly. Economic forces and trends move like giant container ships with a potato chip rudder. Thanks Simon Callin 8 on the die

[@UneducatedEconomist]

Thats the analogy of the day 🤙

[@cwspartan]

Yes an expansion on these mentions is much neeeded

[@Putzing]

Join us

[@ricksanchez7459]

Everyone should have a garden.

[@MrMugimo]

What does inflation mean for you? For me it’s a tax on flows in design of economy strategy Another thought: Effect in financial world is similar to as syndrome in medical world. It means they don’t really know what’s happening or they make it look like they don’t know.

[@eatttherich4653]

Who is exporting the cheap food to France? Capitalists(owner class). Who is importing it? Capitalists(owner class). Meanwhile the workers suffer. Until us workers take back the means of production from the bourgeoisie this will only get worse (for the worker). Unfortunately many workers defend the owner class instead of themselves due to the irrational idea that their gonna make it big one day. LMAO. Go buy lottery tickets. Better chance. Solidairity forever comrades!

[@disheseveryday3207]

Like like like!!! ❤

[@mackakiwinz4353]

I have never heard you ever miss the mark so much Simon. Commonwealth countries including France and here in NZ are fighting against the ever increasing government and local body fees, restrictions and costs to operate their farms and produce quality produce. They want you eating bugs bro with all sorts of microscopic worms etc in them and don’t want small producers. Just like mom and pop stores u talk about exactly the same for farms A survey of farmers here in NZ found their single biggest concern was rising government interference leading to higher compliance costs. They wish to control the food supply and then M1. Hope you learned something.

[@Toknowtheeventofgod-cw8hw]

Then how do you explain the prices of food going up.. With the farmers prices dropping.. due to an increase in productivity. So prices of food go up, and the prices paid to the producers goes down... Your missing the point unfortunately. The world is owned by only a few families. How do you think they control the slaves. Devalue the currency.. Forces prices higher until there is overproduction.. If there was an overproduction of food, the prices to the people should have gone down also. There is a gap in your thinking.

[@UneducatedEconomist]

I've heard that one. Unfortunately I don't live in fear and therefore can't see your point.

[@Toknowtheeventofgod-cw8hw]

@@UneducatedEconomist Did you even read it.. Over supply should cause lower prices.. but they are not. Are you delusional...

[@UneducatedEconomist]

@Toknowtheeventofgod-cw8hw there was an overproduction of foreign produced foods, which is why it's cheaper the domestically made stuff. Delusional? No, not even in the slightest, nor am I scared.

[@Toknowtheeventofgod-cw8hw]

@@UneducatedEconomist And you still missed that the products are not cheaper for the consumer.. The purchase price to the consumers are still going up.. Indifferent from supply...

[@UneducatedEconomist]

@Toknowtheeventofgod-cw8hw prices continuing to go up is an assumption that is not very likely to continue to hold weight. Already, the problem farmers face is lower prices from overproduction. We here in the United States have seen it happen with pork and chicken in recent months. However the Bullwhip effect will soon leave the people with higher prices again, but that story will be told in the future....and most likely blamed on the administration somehow.

[@mattbittner775]

🖐