Our eggs are cheap or free...always have been. What was all the fuss about?
I recall shopping for something at a Walmart some years ago...don't recall what it was though. Probably fishing tackle, or...oh I remember now...clay pigeons.
When are groceries supposed to get prohibitively expensive?
- Thread starter vraiblonde
- Start date
I recall shopping for something at a Walmart some years ago...don't recall what it was though. Probably fishing tackle, or...oh I remember now...clay pigeons.
Yeah, I would say she is phenomenal, probably a good shag too (only guessing about that).
One thing for sure, she has a pretty tough skin and gives as good as she gets and that alone is good enough for me!
We haven't had a price increase in almost 2 decades.....because our costs haven't gone up. In fact they go down as the price of technology goes down, i.e. computers, server space, etc. We got nailed by Facebook, where the "buy local" (
) people advertise their services; and covid took a bite out of us by putting a number of our sponsors out of business, but it didn't make sense to attract new business by....raising prices. So we didn't.Taxes and regulations don't affect our major vendors, therefore they don't affect us.
So I may have the answer to my question.....
That is a tough business environment for certain, every recession that hit while I was in business we always had to deal with laid off guys working from the back of a pickup without workers comp, office expenses, paying help under the table, they would decimate pricing. It would always take a couple of years for pricing to recover.Been in the marine business for 38 years and counting. We've had to continually reduce our profit margin on delivered systems over the last couple of decades, to maintain a barrier to entry for any competitors. We're contributing to deflation....
It's certainly a start; many businesses have to deal with price increases with labor and material all of the time to maintain their margins, sometimes it is impossible to achieve.
We haven't had a price increase in almost 2 decades.....because our costs haven't gone up. In fact they go down as the price of technology goes down, i.e. computers, server space, etc. We got nailed by Facebook, where the "buy local" (
Taxes and regulations don't affect our major vendors, therefore they don't affect us.
So I may have the answer to my question.....
TPD
the poor dad
My mantra for the last couple of years has been about affordable housing. When elected officials ask why we can't have more affordable housing, I tell them it is because of all of the regulations and building codes they put into effect, from energy efficient appliances and hurricane ties to sprinkler systems and rain gardens. I talk to people every week about a regulation that affects how they can or can't do business. I would like to build a new store in Ridge but building codes and regulations are making it cost prohibitive. Oh yeah - and the $40,000 impact fee needed before I put the 1st shovel in the ground. Small businesses can't afford this, hence the reason for all the DGs, 7-11s, & Royal Farms. We can't compete with regional or national chains who have all the lawyers and HR people on staff to get them through the process and grease the hands that need greasing.
PeoplesElbow
Well-Known Member
Do you have that in a saved text file or something? Please just put it on ignore.
@Grumpy would appreciate it too. I think he has a serious headache.
You do you, I'll do me.
Feel free to put me on ignore, it will not hurt my feelings.
I don't want to put you on ignore because you frequently have interesting things to say and I don't want to miss them. Just that that particular ad nauseum post isn't one of them.
LightRoasted
If I may ...
For your consideration ...
I wan't being belligerent, in the first post. Since you do read posts of those you've put on ignore, why not put your fweelings of being butt hurt for whatever reasoning to the side, and ask some questions that might narrow a basic understanding of the subject for you?
Why did the price of this thing go up?
Because the price of that thing went up.
Well why did the price of that thing go up?
Because the price of the other thing went up.
Then why did the price of the other thing go up?
Because the manufactures, the producers, the corporations, with others, and governments, are first at the loan/debt window and take out massive debt with preferential low interest rates. These are the first to benefit from this "new" money being created because, in this, the current established inflation does not affect them. And they know it. They now have more than enough new cash to buy whatever they want/need because the inflation rate does not effect them. When this new money is spent, the market notices. Because, now, they see the market players, to get in front of the buying line at any raw materiel supplier, they can, and do, outbid other players in the same market. This rising of the price, at the raw materiel level, by paying more than the current market price, to be able to jump to the front so as to secure more materials than the other players, is the first appearance of "inflation". ie. One ton of ore delivered before was $1000 a metric ton. Buyer comes in and offers $1500 just so they can get the ore first, over all other potential buyers. Putting other buyers on notice, that if they need to buy that same ore they paid $1000 before, now they'll have to begin paying at least $1500. Necessitating those other buyers to perhaps take out new loans/debt just to compete. Thereby fueling the cycle.
But to the raw materiel seller, in the beginning, it's just a good deal, and good business, to sell to the highest bidder. They are thinking it's great. More money for the same amount of materiel. They don't care who they sell it to. Later, these sellers, have had to begin to increase the wages of their employees. Why? Because all that newly created and spent money has hit the economy raising the prices of all finished goods at the wholesale and retail levels all around. The employees are finding harder to maintain their standard of living so they start demanding higher wages.
Now apply this to the widget maker. The widget maker has a buyer, [just received that favorable loan], willing to pay 25% more than current wholesale prices for 10,000 widgets to solidify and guarantee that they would take priority over all other buyers and receive them before any others. The widget maker goes to the raw materiel seller and finds out that prices have risen substantially. Widget maker doesn't have enough money in reserve now, and needs more. Now the widget maker has go to a bank and get a loan, though not as favorable, using purchase order financing. With this, more newly created money, the widget maker buys the necessary raw materiel. But now finds out that their profit margin is affected by the raw materiel price increase necessitating that, after the fulfillment of that negotiated order of 10,000 widgets, they'll have to raise prices for future buyers of their widgets. And the cycle continues ever more.
This is why prices will never retreat. The raw material seller, (every raw materiel seller), now has very fixed expenses everything from labor, insurances, fuel, electrical, etc.. They just can't lower their raw materiel prices and stay in business. They didn't know it, but they are the beginning cause of inflation by accepting the first part of that new money, expansion of the money supply, by accepting a buyer that had the capability of paying a higher price.
Now add in Wall Street, with their manipulation of futures contracts, and you'll see how complicated things can get. The market just heard there are buyers paying for some raw materiel above what it is currently being traded for. Now you have those, with no intention of taking delivery of any raw materiel, bidding up the price as well, far and above what is currently being offered, in the hopes that there is more anticipated demand for this raw materiel so they can profit. They are the parasites that leach from others productivity.
Apply this scenario to all economic levels. Housing; buyers that have the availability to get loans at low interest rates, bidding over and above asking prices. Hedge funds coming in and buying out whole tracts of developments, further increasing prices. Apply this to every possible Thing in the economy you can think of, and this is why prices are always increasing and will never come down below any established inflation.
But it does tie into the question I asked, that I may have finally wrung an answer for, although the poster probably didn't realize it because he was too busy telling me how stupid I am:
Government regulations and taxes.
Why did the price of this thing go up?
Because the price of that thing went up.
Well why did the price of that thing go up?
Because the price of the other thing went up.
Then why did the price of the other thing go up?
Because the price of something else went up....
On and on it goes, where it began nobody knows.....
Perhaps the answer is, it costs more to do business because government imposed costly regulations and taxes that started the domino?
I thought the question was kindergarten simple, and yet it made heads explode to the point some people got angry and belligerent....over a simple question. They went full "It's got electrolytes" which was fascinating to watch, but circular reasoning is only interesting because someone is moronic enough that that's how they think.
*Something* tips the first domino. When we find what that something is, only then can we take steps to control it.
I wan't being belligerent, in the first post. Since you do read posts of those you've put on ignore, why not put your fweelings of being butt hurt for whatever reasoning to the side, and ask some questions that might narrow a basic understanding of the subject for you?
Why did the price of this thing go up?
Because the price of that thing went up.
Well why did the price of that thing go up?
Because the price of the other thing went up.
Then why did the price of the other thing go up?
Because the manufactures, the producers, the corporations, with others, and governments, are first at the loan/debt window and take out massive debt with preferential low interest rates. These are the first to benefit from this "new" money being created because, in this, the current established inflation does not affect them. And they know it. They now have more than enough new cash to buy whatever they want/need because the inflation rate does not effect them. When this new money is spent, the market notices. Because, now, they see the market players, to get in front of the buying line at any raw materiel supplier, they can, and do, outbid other players in the same market. This rising of the price, at the raw materiel level, by paying more than the current market price, to be able to jump to the front so as to secure more materials than the other players, is the first appearance of "inflation". ie. One ton of ore delivered before was $1000 a metric ton. Buyer comes in and offers $1500 just so they can get the ore first, over all other potential buyers. Putting other buyers on notice, that if they need to buy that same ore they paid $1000 before, now they'll have to begin paying at least $1500. Necessitating those other buyers to perhaps take out new loans/debt just to compete. Thereby fueling the cycle.
But to the raw materiel seller, in the beginning, it's just a good deal, and good business, to sell to the highest bidder. They are thinking it's great. More money for the same amount of materiel. They don't care who they sell it to. Later, these sellers, have had to begin to increase the wages of their employees. Why? Because all that newly created and spent money has hit the economy raising the prices of all finished goods at the wholesale and retail levels all around. The employees are finding harder to maintain their standard of living so they start demanding higher wages.
Now apply this to the widget maker. The widget maker has a buyer, [just received that favorable loan], willing to pay 25% more than current wholesale prices for 10,000 widgets to solidify and guarantee that they would take priority over all other buyers and receive them before any others. The widget maker goes to the raw materiel seller and finds out that prices have risen substantially. Widget maker doesn't have enough money in reserve now, and needs more. Now the widget maker has go to a bank and get a loan, though not as favorable, using purchase order financing. With this, more newly created money, the widget maker buys the necessary raw materiel. But now finds out that their profit margin is affected by the raw materiel price increase necessitating that, after the fulfillment of that negotiated order of 10,000 widgets, they'll have to raise prices for future buyers of their widgets. And the cycle continues ever more.
This is why prices will never retreat. The raw material seller, (every raw materiel seller), now has very fixed expenses everything from labor, insurances, fuel, electrical, etc.. They just can't lower their raw materiel prices and stay in business. They didn't know it, but they are the beginning cause of inflation by accepting the first part of that new money, expansion of the money supply, by accepting a buyer that had the capability of paying a higher price.
Now add in Wall Street, with their manipulation of futures contracts, and you'll see how complicated things can get. The market just heard there are buyers paying for some raw materiel above what it is currently being traded for. Now you have those, with no intention of taking delivery of any raw materiel, bidding up the price as well, far and above what is currently being offered, in the hopes that there is more anticipated demand for this raw materiel so they can profit. They are the parasites that leach from others productivity.
Apply this scenario to all economic levels. Housing; buyers that have the availability to get loans at low interest rates, bidding over and above asking prices. Hedge funds coming in and buying out whole tracts of developments, further increasing prices. Apply this to every possible Thing in the economy you can think of, and this is why prices are always increasing and will never come down below any established inflation.
I appreciate your comment but I don't appreciate being lied about regarding a post I didn't make. Until it retracts that comment the "ad nauseum" post will be addressed to it.I don't want to put you on ignore because you frequently have interesting things to say and I don't want to miss them. Just that that particular ad nauseum post isn't one of them.
....sorry
Then this will never end because it keeps ignoring you.
Are you sure about that?
That is potential for a feature on the forums to be added to the account information. You already get to see whom, if any, you have on ignore, how about an "Ignored by" selection?
That would be a question for David.