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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Inflation

Inflation

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  • L Offline
    L Offline
    LuFins Dad
    wrote on 10 Feb 2022, 21:35 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

    G 1 Reply Last reply 10 Feb 2022, 22:35
    • L LuFins Dad
      10 Feb 2022, 21:35

      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…

      G Offline
      G Offline
      George K
      wrote on 10 Feb 2022, 22:35 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
      • 8 Offline
        8 Offline
        89th
        wrote on 10 Feb 2022, 23:05 last edited by
        #47

        So, what stops the snowball? Higher fed rates?

        C L 2 Replies Last reply 10 Feb 2022, 23:06
        • 8 89th
          10 Feb 2022, 23:05

          So, what stops the snowball? Higher fed rates?

          C Offline
          C Offline
          Copper
          wrote on 10 Feb 2022, 23:06 last edited by
          #48

          @89th said in Inflation:

          So, what stops the snowball? Higher fed rates?

          Federal price controls

          G 1 Reply Last reply 10 Feb 2022, 23:34
          • C Copper
            10 Feb 2022, 23:06

            @89th said in Inflation:

            So, what stops the snowball? Higher fed rates?

            Federal price controls

            G Offline
            G Offline
            George K
            wrote on 10 Feb 2022, 23:34 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
            • C Offline
              C Offline
              Copper
              wrote on 10 Feb 2022, 23:59 last edited by
              #50

              I remember

              1 Reply Last reply
              • J Offline
                J Offline
                Jolly
                wrote on 11 Feb 2022, 00:40 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

                G 1 Reply Last reply 11 Feb 2022, 00:55
                • J Jolly
                  11 Feb 2022, 00:40

                  Ah, I remember my 13.25% mortgage fondly.

                  Those were the days....

                  G Offline
                  G Offline
                  George K
                  wrote on 11 Feb 2022, 00:55 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
                  • 8 89th
                    10 Feb 2022, 23:05

                    So, what stops the snowball? Higher fed rates?

                    L Offline
                    L Offline
                    LuFins Dad
                    wrote on 11 Feb 2022, 00:58 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

                    G 1 Reply Last reply 11 Feb 2022, 01:06
                    • L LuFins Dad
                      11 Feb 2022, 00:58

                      @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.

                      G Offline
                      G Offline
                      George K
                      wrote on 11 Feb 2022, 01:06 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
                      • L Offline
                        L Offline
                        LuFins Dad
                        wrote on 11 Feb 2022, 01:09 last edited by
                        #55

                        A more cynical solution would be to go to war…

                        The Brad

                        G 1 Reply Last reply 11 Feb 2022, 01:21
                        • L LuFins Dad
                          11 Feb 2022, 01:09

                          A more cynical solution would be to go to war…

                          G Offline
                          G Offline
                          George K
                          wrote on 11 Feb 2022, 01:21 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
                          • 8 Offline
                            8 Offline
                            89th
                            wrote on 11 Feb 2022, 13:06 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.

                            J 1 Reply Last reply 11 Feb 2022, 13:32
                            • 8 89th
                              11 Feb 2022, 13:06

                              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.

                              J Offline
                              J Offline
                              Jolly
                              wrote on 11 Feb 2022, 13:32 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
                              • G Offline
                                G Offline
                                George K
                                wrote on 12 Feb 2022, 12:54 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 13 Feb 2022, 16:56
                                • MikM Offline
                                  MikM Offline
                                  Mik
                                  wrote on 12 Feb 2022, 13:17 last edited by
                                  #60

                                  alt text

                                  "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

                                  1 Reply Last reply
                                  • G George K
                                    12 Feb 2022, 12:54

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

                                    taiwan_girlT Offline
                                    taiwan_girlT Offline
                                    taiwan_girl
                                    wrote on 13 Feb 2022, 16:56 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 8 Mar 2022, 02:28
                                    • G Offline
                                      G Offline
                                      George K
                                      wrote on 7 Mar 2022, 12:48 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 G 2 Replies Last reply 7 Mar 2022, 13:01
                                      • G George K
                                        7 Mar 2022, 12:48

                                        IMG_1121.JPG

                                        MikM Offline
                                        MikM Offline
                                        Mik
                                        wrote on 7 Mar 2022, 13:01 last edited by
                                        #63

                                        @George-K perfect.

                                        "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

                                        G 1 Reply Last reply 7 Mar 2022, 13:16
                                        • MikM Mik
                                          7 Mar 2022, 13:01

                                          @George-K perfect.

                                          G Offline
                                          G Offline
                                          George K
                                          wrote on 7 Mar 2022, 13:16 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 8 Mar 2022, 12:21
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