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05-12-2021, 10:35 AM
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Location: Land of the Free
5,567 posts, read 5,417,070 times
Reputation: 6258
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05-12-2021, 03:17 PM
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Location: Silicon Valley
212 posts, read 97,493 times
Reputation: 392
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Quote:
Originally Posted by TheseGoTo11
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Wow! Why is that? I have been feeling very uneasy with our economy since March and have noticed considerable price increases in many things we consume. Been watching how much exuberance there is in rising real estate prices in most areas. Seen this before several times. Then comes stock market decline. |
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05-12-2021, 03:40 PM
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96,860 posts, read 95,760,027 times
Reputation: 70841
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Shortages from the inventories being low and now the demand from reopening ..it is all temporary
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05-12-2021, 04:31 PM
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5,710 posts, read 3,734,190 times
Reputation: 12685
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I know people at dealerships that have out of state buyers coming in and paying a price where the dealership is making 5 figure profit, and they’re taking those cars to neighboring states and making an even greater profit for themselves.
Apparently the dealerships have guidelines from the auto manufacturers so they can only charge so much so they’re losing out on the arbitrage not that they’d care because the name of the game is just moving the inventory quick.
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05-12-2021, 04:45 PM
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Location: Boston
18,243 posts, read 6,815,016 times
Reputation: 15613
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consumer prices highest in 13 years, gas prices highest in 7 years. Borrow more money Biden, see how bad it can get.
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05-12-2021, 09:55 PM
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1,778 posts, read 1,063,517 times
Reputation: 2903
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The inflation we are seeing is supply driven, not demand driven. And is driven by speculation that the economies of the world WILL go wild, when COVID is vanquished. BUT WILL THE COVID DEPRESSION be vanquished before the DEBT-OVERHEATED WORLD deflates finally and properly?
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05-13-2021, 01:37 AM
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Location: Flyover part of Virginia
2,817 posts, read 1,437,461 times
Reputation: 3982
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Yeah, of course prices are up- look how much funny money the US government and governments all over the world are printing.
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05-13-2021, 02:29 AM
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96,860 posts, read 95,760,027 times
Reputation: 70841
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Quote:
Originally Posted by Taggerung
Yeah, of course prices are up- look how much funny money the US government and governments all over the world are printing.
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Watch as supplies increase of the stuff driving up prices , it isn’t a money supply issue as much as you want it to be |
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05-13-2021, 02:58 AM
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Location: Flyover part of Virginia
2,817 posts, read 1,437,461 times
Reputation: 3982
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Quote:
Originally Posted by mathjak107
Watch as supplies increase of the stuff driving up prices , it isn’t a money supply issue as much as you want it to be
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And these price increases aren't as 'transitory' as you wish they are. They are permanent, and will get immensely worse, they will become nothing less than crippling. It doesn't even matter what happens to Covid at this point. |
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05-13-2021, 03:02 AM
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96,860 posts, read 95,760,027 times
Reputation: 70841
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Quote:
Originally Posted by Taggerung
And these price increases aren't as 'transitory' as you wish they are. They are permanent, and will get immensely worse, they will become nothing less than crippling. It doesn't even matter what happens to Covid at this point.
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You don’t know that ! |
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