Inflation
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Snowballing. In order to pay sales staff, technicians, and movers enough to maintain their equivalent income while also accounting for higher overhead for store supplies and higher energy costs, I have to raise my margins which will raise the prices further, and that’s before I get my price increases from the manufacturers…
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Snowballing. In order to pay sales staff, technicians, and movers enough to maintain their equivalent income while also accounting for higher overhead for store supplies and higher energy costs, I have to raise my margins which will raise the prices further, and that’s before I get my price increases from the manufacturers…
@lufins-dad and the fact that energy (fuel) prices are rising will only increase prices for everything that's dependent upon transportation.
Which is...everything.
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So, what stops the snowball? Higher fed rates?
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Ah, I remember my 13.25% mortgage fondly.
Those were the days....
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A more cynical solution would be to go to war…
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A more cynical solution would be to go to war…
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Best investment strategy for cash during a period of inflation? Certainly if the rates go up then savings accounts (and CDs, bonds, etc) all would be more attractive than the current 0.05% rates out there.
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"Now look here, you Baltic gas passer... " - Mik, 6/14/08
The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.
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@George-K perfect.
Psaki actually had the (pardon the expression) balls to blame the surge in gas prices on the Ukrainian situation.
"Now look here, you Baltic gas passer... " - Mik, 6/14/08
The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.
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