Originally Posted by Nolee
My Dad said that during the Depression prices went down so that people could afford them. You wonder what the manufacturers of cotton have as an end goal.....to end all quilting? That's what they are going to get if this continues. We will all be cutting apart our clothing to sew. Back to Goodwill for me!!
Prices went down during the depression for some things because people couldn't afford to buy them. This caused supply to be greater than demand, therefore prices went down.
Cotton is in high demand now, and the supply is low, therefore prices will continue to rise. See Economics 101.
Manufacturers don't have an agenda, other than to make a profit in order to stay in business. When that becomes impossible, they'll go out of business and more people will become unemployed.
It really is as simple as that.