29 March 2005

Hollow Vase - Fake Flowers, Real Opium

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Customs have put out this media release about the seize of 3kg of opium as part of a drug bust in Canberra and Sydney. So I guess all the smackheads will be seeing an increase in price in the coming weeks. I wonder if there is any correlation between big drug busts, lower availablility, higher prices and increased burglaries? I’m sure someone out there has done their PHD on this already. Good work Customs on finding the vase.

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Leaving aside major land warfare in central asia, and significant changes in demand (rise of china), i suppose we could credit AFP action with the “Heroin Drought”

‘major’ drug busts have a lack of impact on prices? for the airy-fairy theorists of this world that may be true, but at the street level it couldnt be more untrue. The street prices of heroin a couple of years ago during the ‘drought’ was quite higher than it is now. That drought also saw amphetamine type drugs come to prevalence, with the absence of significant amounts of heroin. Hence the ‘angrier’ people people encountered around the CBD.

Having no money to buy heroin isnt going to change, whether legalised or not. People will still flog stuff to fund themselves.

This is a personal, not a professional, opinion

the lack of impact of “major” drug busts on prices has been the driver of speculaton that the drug economy is comparable to a significant percentage of the legitimate economy.

just think of the benefits if it was brought into the taxable realm?

I just witnessed the barrow supermarket below toast get robbed at knife point tonight! He looked like a junky too… damn customs.

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