Inflation
shailynn
They never tell you what you need to know.
Anyone notice an upticks in prices virtually everywhere?
I deal with supply and demand in my job and it’s a bigger headache now than it was in the middle of the pandemic. Trucks to ship items on are impossible to book, there are still COVID issues with international shipping, and I feel like my grocery bill has gone up at least 25% and my fuel costs have gone up 40%
I know a woman thought bought a new sofa last august, it was delivered last week!
I deal with supply and demand in my job and it’s a bigger headache now than it was in the middle of the pandemic. Trucks to ship items on are impossible to book, there are still COVID issues with international shipping, and I feel like my grocery bill has gone up at least 25% and my fuel costs have gone up 40%
I know a woman thought bought a new sofa last august, it was delivered last week!
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108 comments
the $100 hand jobbie is not general inflation. it is a special price for grumpy old men that bore the strippers with their political rants. if u stopped that shit u could get the standard $40 handjobbie
your welcome
Some of this is the Fed keeping rates too low, and their bond purchases too high, for too long. The outrageously low mortgage rates are a symptom.
Some of this is stupid laws including too generous unemployment, energy restrictions, and helicopter cash drops from the government.
I’ve bought so little in the past year it’s seems like a bog deal when I buy something now. I just walked into a WalMart because I needed some crappy tools, entire section is empty. Amazing...
Give a stimulus check to damn near everyone? Prices will go up .
But I also agree with others about the money printer out of control.
The left is touting it's "modern monetary theory" insanity, which is just a flimsy justification to spend like a drunken sailor.
It isn't written into natural law that the USD will always be the world's reserve currency.
Yesterday is always better.
May 05 2021 06:29 am
Depart from facility to service provider.
深东凤岗仓
Had I known this was coming from China, I wouldn't have ordered it.
When the inflation gets out of control, price controls will be put in place at the demand of voters. That will lead to shortages of whatever is subjected to a price control since there will be little incentive for a business to provide a good or service if they are selling at a loss. That will be followed either by rationing or, in many cases, total unavailability of the desired good except on the black market at a much higher price.
https://www.investopedia.com/articles/ec…
"... Zenput works with restaurants and food stores helping them comply with safety regulations at more than 50,000 locations nationwide. Rikhter told Yahoo Finance Live, his clients will soon raise prices ..."
"... Restaurant chains, before the pandemic, were able to purchase chicken at roughly $1.30 a pound, according to Rikhter. "But they're starting to see prices that are two to $2.20 a pound instead," he said ..."
"... Wingstop Chief Financial Officer Michael Skipworth recently told Yahoo Finance the chain saw prices for bone-in wings rise 25.8% last quarter but that was lower than the 50% competing chains were paying ..."
"... Restaurant owners tell Rikhter the increased prices and a shortage of employees are cutting into profit margins. "Not to mention, they've got increased labor costs as well right, a $15 minimum wage, not a lot of folks that are currently in the market looking for new jobs and this is putting immense pressure on these places," ..."
"... "The shortage on the supply, on the labor side and the supply of certain products is causing them a lot of strife," ..."
https://finance.yahoo.com/news/prepare-t…
I do believe the enhanced benefits hurt as much as they help,
I think the manufacturing chain will smooth out eventually and the supplies will return to the normal levels once the managers and estimators get used to the new reality
Some things will change permanently as scaled economic growth is normalized for cost savings
We have a bit of digging out to do, but we’ll get to where we want to go.
What worked ? At the top of the list is farm land. Residential real estate also did well in areas seeing population growth ( back then, it was California ). Gold and other precious metals held their value.
But hey at least they're focusing on people using the "right pronouns"
Not when you can steal them - otherwise the Dems wouldn't be doing what they're doing - polls, as tilted as some may be by over-sampling Dems, still polls show most people not down with the Dems' agenda yet the Dems are doubling-down and in my mind it's bc they feel "there won't be consequences" bc they can rig elections as needed - all this chaos plays into the hands of the left in their attempt to overthrow and replace the American system of a free Republic and free markets
Look at this situation like bad weather. You can bitch about it or you can build a house that can withstand it or even profit from it.
Free markets increase competition and decrease prices - the more government control of the economy the worst results
^ Super, you've just crushed a ton of small businesses and jacked up unemployment. Were you high the day they taught economics at pimp school?
- locked down the economy
- paid unemployment benefits at levels so high it would be foolish to take service job
- printed money at levels guaranteed to cause inflation
- taken hundreds of billions in taxes from well managed states and given it to states which are horribly managed
- crushed the energy industry
- reestablished job killing regulations
Don’t tell me it’s the free market that is causing problems. As always, it’s government that is fucking things up.
Actually, if you ask any businessman to list his biggest challenge, it would be finding and hiring qualified employees. There are 8 million jobs available right now, at good wages, for engineers, nurses, machinists, electricians, plumbers, and hundreds of other categories requiring some technical training or experience. Anyone with an average IQ, discipline, and good work ethic can develop skills that lead to a solid living wage. But, there aren’t any career paths for people who declare themselves victims because they enjoy sitting on a couch all day.
Radiation Therapist $80,000
Dental Hygienist $74,000
Web Developer $68,000
Medical Sonographer $60,000
MRI Technologist $60,000
Respiratory Therapist $59,000
Telecom Installer $54,000
Paralegal $50,000
HVAC installer $46,000
For decades, California has tightly controlled where housing can be built, who can build it, how they can build it, who they can sell to, and what can be done with the house once it’s built. Plus, they’ve taxed every step in the process. All in the name of affordability and fairnes. The result is $500,000 shoe box sized homes in crummy school districts with horrible roads.
Texas pretty much let’s anyone build whatever they want. The result is nice family homes for $300,000 with good schools, good roads, and low taxes.
https://www.realclearpolicy.com/articles…
The F-35 Joint Strike Fighter. As The Hill describes it, “A projected cost over $1.7 trillion. A fighter jet that exhibits everything from structural cracks to cybersecurity vulnerabilities. Twenty years in development — and it still can’t shoot straight and is rarely ready to fly when it is needed.” Of course it’s still being funded.
That’s $1.7 Trillion. Not Million. Not even Billion. A Trillion on something that is so dysfunctional that most are grounded for maintenance. That works out to about $10,000 for every adult in America.
That’s our government spending our money.
Take your Adderall and stop complaining about your minimum wage job at the Kwik-E-Mart.
1. Teenagers in their first jobs
2. Illegal immigrants
3. People too lazy or undisciplined to acquire employable skills
If you are in the third category, don’t blame others for your personal failings. Get off your ass, stop whining, and find an internship in the trades or enroll in a community college.
Heaven help us.
To do what ? Have the rest of us work so you can have free weed and cable ?
“Also unsustainable development leads to unsustainability as were seeing”
What the fuck does this mean ?
The $15 minimum wage should be called the Robot Full Employment Act.
You can't have a consumer society without consumers btw
I think part of the problem w/ the F-35 is trying to design a jack-of-all-trades - these things often result in "a jack of all trades is a master of none"
= my mommy told me I’m a special person who deserves fame and fortune. Until then, you peasants must fund my desired lifestyle.
"Thanks To Andrew Cuomo’s Eco-Extremism, New York Is Importing Fuel From Russia"
For eight years, New York Governor Andrew Cuomo has capitulated to the eco-left. From preventing the construction of needed pipelines to banning fracking, he has implemented an extreme environmentalist agenda.
Now, the consequences of those decisions are hitting New York residents hard.
Earlier this year, we told you how New York is facing shortages of natural gas, even though it has plentiful shale reserves and shares a border with Pennsylvania, a state that also has shale reserves. As the Wall Street Journal noted, “The reason for the shortage is obvious: The Cuomo administration has repeatedly blocked or delayed new pipeline projects. As a Con Ed spokesman put it, there is a ‘lot of natural gas around the country, but getting it to New York has been the strain.’”
It seems New York has a partial solution – import liquefied natural gas from Russia.
That’s right, instead of permitting pipelines and fracking to get access to domestic natural gas, New York is importing energy from across the world – and from a geopolitical rival to boot.
https://powerthefuture.com/thanks-to-and…
“ If you vote approval, we guarantee 500 high paying jobs in your district for as long as you are in congress. Plus, we’ll make sure all our managers contribute the maximum to your campaign.”
That’s why military programs never die.
https://www.aol.com/chipotle-raises-mini…
I wonder if they'll be able to maintain their current prices?
Both have climbed high on the Top 40 Members Ignored list by having the moral sophistication of a sheltered 15-year-old, as well as dispensing unsolicited advice on how to club. I'm sure both would break into hives if they ever touched an economics textbook.
“The Federal Reserve continues to pump trillions of dollars of liquidity into the US economy by purchasing US Treasury securities, financing most of the US budget deficit, now running at a peacetime record of 15% of gross domestic product (GDP).
That leaves the Fed painted into a corner. If it raises interest rates to suppress inflation, the cost of financing the deficit will rise drastically. If it does nothing, eventually the market will force interest rates up, with the same effect.
Federal payments now make up 34% of all personal spending in the US, an all-time record. Ultimately the Treasury will have to cut back, leading to a sharp reduction in spending and an economic recession.”