Wednesday June 22, 2016

I've Been Thinking:

In Gaza this summer the price of watermelons is going through the roof. And in Gaza, watermelons are a staple of the summer season. They are eaten in the evening, the afternoon and just about every other time all summer long.
Right now, the price of the melons is prohibitive. So the Hamas Ministry of Agriculture came up with a plan to lower the cost of watermelons for the people of Gaza.

Hamas is letting in Israeli watermelons. For three days the market will be flooded with Israeli watermelons in the hope that the Israeli melons will flood the market and bring down the price.

I'm a bit skeptical.

Three days is not a lot of time and while it will most probably artificially alter the price, it will then re-adjust and come back to normal.
Or, the Israeli watermelons will prove superior in taste and quality and they will become even more expensive lifting the price of both Gaza’s and Israeli watermelons.

The final possibility is that the demand will be so great that Gazans will want more Israeli watermelons and other produce and Hamas will let in more and more. If that should happen then the price of watermelons will drop as the market will naturally force down the price of produce.

The plan may just work. Then again, maybe not.

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