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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Inflation

Inflation

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  • LuFins DadL Offline
    LuFins DadL Offline
    LuFins Dad
    wrote on last edited by
    #45

    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…

    The Brad

    George KG 1 Reply Last reply
    • LuFins DadL LuFins Dad

      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…

      George KG Offline
      George KG Offline
      George K
      wrote on last edited by
      #46

      @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.

      "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.

      1 Reply Last reply
      • 89th8 Offline
        89th8 Offline
        89th
        wrote on last edited by
        #47

        So, what stops the snowball? Higher fed rates?

        CopperC LuFins DadL 2 Replies Last reply
        • 89th8 89th

          So, what stops the snowball? Higher fed rates?

          CopperC Offline
          CopperC Offline
          Copper
          wrote on last edited by
          #48

          @89th said in Inflation:

          So, what stops the snowball? Higher fed rates?

          Federal price controls

          George KG 1 Reply Last reply
          • CopperC Copper

            @89th said in Inflation:

            So, what stops the snowball? Higher fed rates?

            Federal price controls

            George KG Offline
            George KG Offline
            George K
            wrote on last edited by
            #49

            @copper said in Inflation:

            Federal price controls

            image.jpeg

            "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.

            1 Reply Last reply
            • CopperC Offline
              CopperC Offline
              Copper
              wrote on last edited by
              #50

              I remember

              1 Reply Last reply
              • JollyJ Offline
                JollyJ Offline
                Jolly
                wrote on last edited by
                #51

                Ah, I remember my 13.25% mortgage fondly.

                Those were the days....

                “Cry havoc and let slip the DOGE of war!”

                Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                George KG 1 Reply Last reply
                • JollyJ Jolly

                  Ah, I remember my 13.25% mortgage fondly.

                  Those were the days....

                  George KG Offline
                  George KG Offline
                  George K
                  wrote on last edited by
                  #52

                  @jolly said in Inflation:

                  I remember my 13.25% mortgage fondly.

                  LOL. That was ours as well, in 1980.

                  "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.

                  1 Reply Last reply
                  • 89th8 89th

                    So, what stops the snowball? Higher fed rates?

                    LuFins DadL Offline
                    LuFins DadL Offline
                    LuFins Dad
                    wrote on last edited by
                    #53

                    @89th said in Inflation:

                    So, what stops the snowball? Higher fed rates?

                    No, first step is fixing the supply chain. More goods moving will help tremendously. Then we address spending.

                    Though, a rate hike wouldn’t hurt.

                    The Brad

                    George KG 1 Reply Last reply
                    • LuFins DadL LuFins Dad

                      @89th said in Inflation:

                      So, what stops the snowball? Higher fed rates?

                      No, first step is fixing the supply chain. More goods moving will help tremendously. Then we address spending.

                      Though, a rate hike wouldn’t hurt.

                      George KG Offline
                      George KG Offline
                      George K
                      wrote on last edited by
                      #54

                      @lufins-dad said in Inflation:

                      Then we address spending.

                      alt text

                      "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.

                      1 Reply Last reply
                      • LuFins DadL Offline
                        LuFins DadL Offline
                        LuFins Dad
                        wrote on last edited by
                        #55

                        A more cynical solution would be to go to war…

                        The Brad

                        George KG 1 Reply Last reply
                        • LuFins DadL LuFins Dad

                          A more cynical solution would be to go to war…

                          George KG Offline
                          George KG Offline
                          George K
                          wrote on last edited by
                          #56

                          @lufins-dad said in Inflation:

                          A more cynical solution would be to go to war…

                          Link to video

                          "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.

                          1 Reply Last reply
                          • 89th8 Offline
                            89th8 Offline
                            89th
                            wrote on last edited by
                            #57

                            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.

                            JollyJ 1 Reply Last reply
                            • 89th8 89th

                              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.

                              JollyJ Offline
                              JollyJ Offline
                              Jolly
                              wrote on last edited by
                              #58

                              @89th said in Inflation:

                              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.

                              Yeah, but what you get, still won't keep up with inflation.

                              “Cry havoc and let slip the DOGE of war!”

                              Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                              1 Reply Last reply
                              • George KG Offline
                                George KG Offline
                                George K
                                wrote on last edited by
                                #59

                                Screen-Shot-2022-02-05-at-9.22.29-PM.png.jpg

                                "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.

                                taiwan_girlT 1 Reply Last reply
                                • MikM Away
                                  MikM Away
                                  Mik
                                  wrote on last edited by
                                  #60

                                  alt text

                                  “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                                  1 Reply Last reply
                                  • George KG George K

                                    Screen-Shot-2022-02-05-at-9.22.29-PM.png.jpg

                                    taiwan_girlT Offline
                                    taiwan_girlT Offline
                                    taiwan_girl
                                    wrote on last edited by
                                    #61

                                    @george-k said in Inflation:

                                    Screen-Shot-2022-02-05-at-9.22.29-PM.png.jpg

                                    I think that the US should get rid of the one dollar bill. I know that they have tried to promote the USD$1 coin, but unless you give more of an incentive, it will not work.

                                    taiwan_girlT 1 Reply Last reply
                                    • George KG Offline
                                      George KG Offline
                                      George K
                                      wrote on last edited by
                                      #62

                                      IMG_1121.JPG

                                      "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.

                                      MikM George KG 2 Replies Last reply
                                      • George KG George K

                                        IMG_1121.JPG

                                        MikM Away
                                        MikM Away
                                        Mik
                                        wrote on last edited by
                                        #63

                                        @George-K perfect.

                                        “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                                        George KG 1 Reply Last reply
                                        • MikM Mik

                                          @George-K perfect.

                                          George KG Offline
                                          George KG Offline
                                          George K
                                          wrote on last edited by
                                          #64

                                          @Mik said in Inflation:

                                          @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.

                                          jon-nycJ 1 Reply Last reply
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