Anonymous wrote:
But you constantly tell us that plates only have value because of the controlled supply,
Supply:Demand:Price. To ensure a constant supply the supplier wants a fair price for his goods, if the price is set too high demand falls and the supplier is left with unsold stock. Therefore some agreement and regulation is good for everyone. Consistant supply and costs is the key to stabillity and long term investment. The "free market" rarely is.
Sussex has been afflicted with rose tinted blinkers, he cannot comprehend anything other than his own small world in which his is the king and can never be wrong about anything.
Well I suspect there are others with more nous concerning supply and demand, but what you have said is complete and utter rubbish.
You say that to ensure a constant supply you must get a fair price. Well how much does the price of plates change from one decade to the other, when issued by the council? They must have a constant supply, or they break the law.
But if your supply and demand formula is so successful, then why are the vast majority of UK's taxis working in un-restricted areas?