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How hard is inflation going to hit, or has hit?

Clemson13 said:
Or people using a temporary pledged asset lines of credit. That's what I did for my last home purchase so I could be a "cash buyer" even though I wanted to use a traditional mortgage.

I bet using PAL are far more common than self directed IRAs for buying houses.
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Ahhh…
The cash buyer.

Yeah I’ve sold homes.
I get all my money at closing, I gave not a fuck where the Money came from.

Cash / mortgage ... the dollars were exactly the same in my account.

Yeah a cash buyer COULD skip the inspection or the appraisal, but a smart buyer shouldn’t.
(especially if you will convert it to a conventional mortgage, because you’ll need it all then)

Cash buyer was never going to put anyone ahead of higher dollars to me.

I guess if someone was just desperate for a quick close…
 
Electric cooperative sent notice today.. 5.9% hike
 
[486] said:
mine did it all in the basic cost of service, electric cost has remained the same

real good 'fuck you' to all the people that installed solar, that.
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M y full solar quote used 5% increases in its ROI calls… at the rate, their ROi dates would be about 5 years earlier
 
rockota said:
M y full solar quote used 5% increases in its ROI calls… at the rate, their ROi dates would be about 5 years earlier
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Prolly why they did mine the way they did.
and why I'm glad I balked at the cost of inverters and said "nah" to that whole business
 
[486] said:
Prolly why they did mine the way they did.
and why I'm glad I balked at the cost of inverters and said "nah" to that whole business
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My cost came in at $110k. Over 1/2 of that was batteries.

If the 5% increase number they used holds true, I’ll be paying $1500/mo for electricity in 20 years.

The ROI may actually move from 21 years to 15-ish if increases stay above 5%
 
rockota said:
We need to go individual solar plus localized generation.

Just like every post-EMP survival novel predicts…..
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Hell no :laughing:

Hydro electric is excellent and easily exceeds "local"

Somebody has to pack those fucking sardines into apartments and condos, ain't enough sqft in the world for any sort of modern mass solar.

Post apocalypse? Sure, because 90% are dead :flipoff2:can't have 1 without the other
 
Provience said:
Hell no :laughing:

Hydro electric is excellent and easily exceeds "local"

Somebody has to pack those fucking sardines into apartments and condos, ain't enough sqft in the world for any sort of modern mass solar.

Post apocalypse? Sure, because 90% are dead :flipoff2:can't have 1 without the other
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Let me rephrase…

Individual solar and multiple nuclear plants in each state… and no interconnected grids….
 
Provience said:
Hell no :laughing:

Hydro electric is excellent and easily exceeds "local"

Somebody has to pack those fucking sardines into apartments and condos, ain't enough sqft in the world for any sort of modern mass solar.

Post apocalypse? Sure, because 90% are dead :flipoff2:can't have 1 without the other
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finance.yahoo.com

Elon Musk Says The World Isn't Using The Sun's Energy Enough Because Most People Don't Do The Math: 'All Energy Generation Will Be Solar'

Elon Musk, the influential tech entrepreneur, recently emphasized the immense potential of solar energy, citing the Kardashev Scale and simple math to back his claims. What Happened: In a series of posts on Thursday, Musk, known for his visionary ideas, reiterated his belief in solar energy’s...
finance.yahoo.com finance.yahoo.com



Also, just do the math on solar on Earth and you soon figure out that a relatively small corner of Texas or New Mexico can easily serve all US electricity.
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https://finance.yahoo.com/news/elon-musk-says-world-isnt-231115577.html
 
Animalmother said:
finance.yahoo.com

Elon Musk Says The World Isn't Using The Sun's Energy Enough Because Most People Don't Do The Math: 'All Energy Generation Will Be Solar'

Elon Musk, the influential tech entrepreneur, recently emphasized the immense potential of solar energy, citing the Kardashev Scale and simple math to back his claims. What Happened: In a series of posts on Thursday, Musk, known for his visionary ideas, reiterated his belief in solar energy’s...
finance.yahoo.com finance.yahoo.com





https://finance.yahoo.com/news/elon-musk-says-world-isnt-231115577.html
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:lmao::lmao:

Yeah, no. Now go put all then panels where it can get to the people that need it, in an area it is maintainable, without killing everybody and everything.


Fwiw, I didn't rear the article, just the headline :flipoff2:
 
Provience said:
:lmao::lmao:

Yeah, no. Now go put all then panels where it can get to the people that need it, in an area it is maintainable, without killing everybody and everything.


Fwiw, I didn't rear the article, just the headline :flipoff2:
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🤷‍♂️ dont know. Elon smarter than me
 
I'd much rather give up all of new england, or at least south of main thru Richmond, as 100% panels. Death over displacement for all animals and people impacted :flipoff2:
 
Nice rebate on your switch to low energy green shit. Enjoy your rate hike to make up the difference.
 
I buy maybe 3 or 4 candy bars a year, went into a gas station mini-mart 'cause I had a hankerin for a Snickers. The small one, not the king size or anything the one that is about the size of 3 mini's...$2.29. I actually laughed when she said it. Fucking hell, when did candybars float higher than giraffe pussy?
 
Roc Doc said:
I buy maybe 3 or 4 candy bars a year, went into a gas station mini-mart 'cause I had a hankerin for a Snickers. The small one, not the king size or anything the one that is about the size of 3 mini's...$2.29. I actually laughed when she said it. Fucking hell, when did candybars float higher than giraffe pussy?
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I get that stuff at Walmart or similar. Gas stations/truck stops have some crazy markups going.

Indulged in Mounds and Peanut M&Ms, been a few since I had them last.
 
Roc Doc said:
I buy maybe 3 or 4 candy bars a year, went into a gas station mini-mart 'cause I had a hankerin for a Snickers. The small one, not the king size or anything the one that is about the size of 3 mini's...$2.29. I actually laughed when she said it. Fucking hell, when did candybars float higher than giraffe pussy?
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It's been like that for a while, I buy 'em at Dollar General 2 for a buck. I needed a quart of 5-30 last week and the gas station was askin' $12.99.
 
Imagine rows of 40 bars cranking out at about 80 rows a minute for 24hrs straight. $2.29 a pop would be pretty good money
 
Roc Doc said:
I buy maybe 3 or 4 candy bars a year, went into a gas station mini-mart 'cause I had a hankerin for a Snickers. The small one, not the king size or anything the one that is about the size of 3 mini's...$2.29. I actually laughed when she said it. Fucking hell, when did candybars float higher than giraffe pussy?
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Hershey shipped all their production to Mexico based on sugar prices, so they said.

About 30 years ago 12 ounce soda prices in the vending machines were creeping up to $.75 then Walmart came around and suddenly they were $.35 everywhere, that didn’t last long. Store brand was .25
 
Thatg9659 said:
Hershey shipped all their production to Mexico based on sugar prices, so they said.

About 30 years ago 12 ounce soda prices in the vending machines were creeping up to $.75 then Walmart came around and suddenly they were $.35 everywhere, that didn’t last long. Store brand was .25
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Back early 2000s i took care of a local coke cola distributor fleet, a 16oz bottle was prob around a buck then, but they had a few vending machines inside the warehouse offices,and all flavors of 16 oz bottles were 15cents each. The boss told me once when he saw me getting a few dollars worth that they still made a lil money on those machines even at that price. So that tells ya hell of a mark up
 
Redtruggy said:
Back early 2000s i took care of a local coke cola distributor fleet, a 16oz bottle was prob around a buck then, but they had a few vending machines inside the warehouse offices,and all flavors of 16 oz bottles were 15cents each. The boss told me once when he saw me getting a few dollars worth that they still made a lil money on those machines even at that price. So that tells ya hell of a mark up
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How many middle men between the factory and the store shelf?

I generally figure the price doubles with every middleman, obviously only a fraction of that is profit.
 
Redtruggy said:
Back early 2000s i took care of a local coke cola distributor fleet, a 16oz bottle was prob around a buck then, but they had a few vending machines inside the warehouse offices,and all flavors of 16 oz bottles were 15cents each. The boss told me once when he saw me getting a few dollars worth that they still made a lil money on those machines even at that price. So that tells ya hell of a mark up
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I wouldn’t be surprised if the largest cost of soda is transporting it.
 
Thatg9659 said:
I wouldn’t be surprised if the largest cost of soda is transporting it.
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arse_sidewards said:
That's why they ship syrup around and bottle it all over the country.
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This.

And think about it... go to your local fast food joint and order a beverage for $3. There are 237 16-oz servings (more than what you actually get in a large after the ice is added) in a box of syrup that typically costs less than $100 wholesale. $237 * 3 = $711... less syrup ($99) cups ($11), ice ($1.50), and straws ($1.30), and it is their largest profit item at about $600 profit per box ($2.53 out of $2.99 is profit, a margin of roughly 85%).
 
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