Is english your second language?
Again show the post where I said Trump wasn't impeached... You're such a liar. Show the post ! Step up and own your lie. Lying liars telling lies aka Stmaryscity79.
When are groceries supposed to get prohibitively expensive?
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Again show the post where I said Trump wasn't impeached... You're such a liar. Show the post ! Step up and own your lie. Lying liars telling lies aka Stmaryscity79.
Is english your second language?
Again show the post where I said Trump wasn't impeached... You're such a liar. Show the post ! Step up and own your lie. Lying liars telling lies aka Stmaryscity79.
No one says you do, but if you do operate a business every little price increase you get then you have to make a decision whether to lower your margins and eat the price increase or raise your prices above the price increase to maintain your profit margin. If you raise your prices above the price increase, you have contributed to the inflation spiral.
Right, but my question is why do prices increase in the first place?
Material costs, labor costs, currency devaluation, transportation costs, demand of finished products, scheduling, enviromental regs. Plus others.
I thought you stated that you owned and operated a business. How did you price your product, throw darts at a price list or just take a SWAG?
Right, but all that stuff goes up in price - why? Why doesn't everything just stay the same?
If you don't understand sweetie you may have owned a business, but the business ran you. My advice is stay with the darts, at least you have a chance with them.
I don't buy anything from Walmart except some fishing tackle from time to time. I don't give a ****...
You're an easily agitated ****, aren't you?
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LightRoasted
If I may ...
For your consideration ...
First you were ignorant. Now? You are just plain stupid, and a with low IQ to boot, asking the same questions that have already been answered. Since you be a bizness womin and all dat, why not go and read a book or two upon the subject. Or better yet? Ask an intelligent and knowledgeable man in your circle of friends. That is if you have any such in your circle.
First you were ignorant. Now? You are just plain stupid, and a with low IQ to boot, asking the same questions that have already been answered. Since you be a bizness womin and all dat, why not go and read a book or two upon the subject. Or better yet? Ask an intelligent and knowledgeable man in your circle of friends. That is if you have any such in your circle.
I feel like I'm using plain English and yet nobody seems to understand what I'm asking. Insults just tell me you're feeling threatened and insecure that you don't know, either.
LightRoasted
If I may ...
For your consideration ...
Just ignore her. She is stupid and uneducated. Probably why she's single after three divorces.
Just ignore her. She is stupid and uneducated. Probably why she's single after three divorces.
So let me get this straight, you said you owned and operated a business, but you don't understand price increases, so I am going to give you one example.
Cars back in the 60s let's say were priced at $15000.00 at that price GM and FORD made a profit of $3000.00 per vehicle which is a 20% profit margin which is what corporate desires.
Let's say in 1972 congress passes legislation that mandates all new cars now have to be outfitted with pollution controls at the cost of $3000.00 per car.
Now that has added a cost of $3000.00 to a vehicle that used to cost $15000.00 so now the total cost of the car is $18000.00.
Do YOU think GM and FORD are going to eat a 17% rise in costs and lose money? The answer if YOU ever owned and operated a business is HELL NO! You are going to pass that cost on to the consumer. But it gets better, you still have to pick up the profit margin of 20% so 20% of $3000.00 is $600.00 so now GM and FORD are pricing the new cars with pollution controls at $18600.00 which is ($15000 old price + $3000.00 new mandated upgrade + $600.00 additional profit) which keeps a 20% profit margin for a new total price to the consumer of $18600.00
I believe this is correct; however, trying to keep it simple, I left out inflation and any other component which have increased prices, employee raises, tax increases, raw materials and such.
Please feel free to correct me anyone if you feel my numbers are incorrect.
Hijinx
Well-Known Member
Can we get back to the point of this post and stop attacking each other for while.?
When does the price of groceries get prohibitive? Right the fuk now.
Beef----------I haven't had a steak in months and can barely afford ground beef.
My wife and I have tossed our food budget out as prices are still rising and our budget from a year ago has had to be increased almost every month.
I keep expecting the price of gas to go down, but it isn't ,it goes down 5 cents and is back up the next day. It has been hovering around $3,09 and $3.19 for months now. It comes down a little and goes right back up . And it's pennies either way.
Once the price of something goes up and the provider finds out people will pay it, there isn't much chance of it ever going back down.
When does the price of groceries get prohibitive? Right the fuk now.
Beef----------I haven't had a steak in months and can barely afford ground beef.
My wife and I have tossed our food budget out as prices are still rising and our budget from a year ago has had to be increased almost every month.
I keep expecting the price of gas to go down, but it isn't ,it goes down 5 cents and is back up the next day. It has been hovering around $3,09 and $3.19 for months now. It comes down a little and goes right back up . And it's pennies either way.
Once the price of something goes up and the provider finds out people will pay it, there isn't much chance of it ever going back down.
LtownTaxpayer
Well-Known Member
The high priced stuff that is already in the pipeline has to be completely gone before you will see tremendous drops in the prices. But if the wages of the people handling the product anywhere in the supply chain have been elevated it may not have much room to go down.
Seriously? Her company is what you are using here and right now. They don't make widgets, they provide an information service providing other businesses and the community a means to be discovered. Not to mention, as mostly a freebee, there are these forums where we can point and laugh at others using them.
Her question is why prices rise, I gave one example. That is all, almost all businesses have costs that go up! Business owners have to stay on top of them to stay successful, it doesn't matter what you are selling.
And what I was commenting on was what I put in BOLD above. And her business isn't in the "almost all business" category and has survived for over 30 years.
Prices here are noticeably lower. Gas is under $3/gal, from $5+- last year; beef has come down avg $2/lb; eggs are about $2/doz cheaper; the bougie lettuce I buy has gone down a buck; I'm spending about $100 less a month on the same groceries compared to last year. Why you all in MD are paying so much more, I have no idea.
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.
Well bro if she has been in business for 30 years and doesn't understand why prices increase, that in itself is phenomenal!