Pat Ayres Posted February 10, 2007 Share Posted February 10, 2007 In the papers one often sees a drug bust reported and police saying that "so much cannabis was recovered with a street price of £xx. This is the same as an estate agent fixing house prices. If the police quoted it as X grammes of cannabis with a street value of 10p a gramme the street price would plummet making it uneconomic to be a supplier. Once they leave the market the supply chain would implode solving the problem in no time! What do you think? Link to comment Share on other sites More sharing options...
John Wright Posted February 10, 2007 Share Posted February 10, 2007 The street price is not set by the police and in my experience, according to people I have represented, thye wildly overestimate and price at the highest for purest grade of whatever it is. The street price is set by market forces of supply and demand, just about like anything else, short supply heavy demand price up and vice versa IOM prices were always suppsed to be higher than liverpool, representing the price of the courier going over and the risk When we had the 1st really big drugs raids with 80 arrested, the cells full the price allegedley doubled over night. What effect did that have in macroeconomic terms, well it made the potential rewards outweigh the risks of capture for a whole new generation of couriers. It took about 6 months for supply level to reach previous and price to revert. Thatcherism at work. Link to comment Share on other sites More sharing options...
Pat Ayres Posted February 10, 2007 Author Share Posted February 10, 2007 So, we can blame the cost of grass on the Steampacket as well? Have they no shame? What about locally grown? A buyers market perhaps. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.