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What economic truth does the salt storm reflect?
The question you raised is also a public concern. As far as I know, people with certain knowledge will not panic because of so-called rumors, of course, because of rumors. Because of the explosion of Japan's nuclear power plant, there are rumors that eating iodized salt can prevent secondary radiation, so many citizens follow suit and grab enough. But if we carefully analyze the root of the situation, it is another example of collusion between government and business. Salt itself is a state monopoly commodity. The more people who can't buy salt, the more nervous the situation is. For example, someone in our local salt bureau is distributing salt. The salt outside is not distributed. The market was already tense, but they didn't move according to the inventory. In your heart. Salt will be distributed to some powerful dealers through other channels at a price slightly higher than the wholesale price, and then the dealers will collect salt. Let the market get nervous again. It's easier to raise the price. In fact, this salt is not a scarce material. It's simply a product with an oversupply. Because in this market environment where many people follow the trend, it is difficult to keep from rising or making money. Just like the tobacco monopoly in China, it is always the insiders of the tobacco bureau who make big money. Those good cigarettes are like China and Nanjing. Cigarettes in great demand are often rationed. In fact, most of them are internally intercepted and then converted into second-hand smoke for high-priced wholesale. Many owners of tobacco hotels are run by insiders or family members of the tobacco bureau. Let's say our red Nanjing in Jiangsu. The ex-factory price is 97. Generally, online stores can open two or three items at most under the solar terms, but a tobacco hotel owner I know has 50 or 60 items at a time because his family belongs to the Tobacco Bureau. They approved it at the price of 108, and others earned 20 cents a piece. Even during Chinese New Year, it can rise to 120. So I think there are huge loopholes in the monopoly systems of many countries in China. People who want to do business formally can't make money, but those who can make money are those who have power. Knowing what I said, you can imagine why there is a salt panic for no reason. To put it bluntly, salt is a state monopoly, and general dealerships don't make much profit even if they panic. The ultimate beneficiaries are the so-called insiders and others who are closely related to these insiders.