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

Bought stuff for taco salad for dinner tonight. Mostly off brand stuff. 50 fucking bucks.
 
TRINDU said:
I predict this. No way the gov will go, "we fucked up, party is over, goodluck with the recession."

Theyll have those presses running overtime and make it the next person's problem. Till some greece, Venezuela, (insert other shithole country here) crash happens
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remember the good ol days of 44 lecturing Greece on their monetary policy?

we make Greece look like amateurs now.
 
More run of the mill everyday:barf:

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dont forget most staffing companies also charge an "ACA Surcharge" since obummercare too:mr-t:
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been getting flooded with these from all over weekly now for awhile.
 
^^wonder if some companies are saying "hey, xyz did it and customers couldn't do anything but keep buying, why don't we do it to". Doubt it, the potential to backfire is massive, but eh maybe it happens.

not good. Like taxes, I do not expect those price increases to ever go away. they'll be the new "norm"
 
budget76 said:
^^wonder if some companies are saying "hey, xyz did it and customers couldn't do anything but keep buying, why don't we do it to". Doubt it, the potential to backfire is massive, but eh maybe it happens.

not good. Like taxes, I do not expect those price increases to ever go away. they'll be the new "norm"
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the only thing that will make prices go down will be a massive recession/depression.

right now, prices have outpaced wage increases all year. i dont know whats going to break the camels back, but its coming. something will have to slow it down.
 
Gas is a given, a dump run is $2 more now($22). The one that pisses me off is the $50 increase in power bill and i used less power.
 
bunk said:
Gas is a given, a dump run is $2 more now($22). The one that pisses me off is the $50 increase in power bill and i used less power.
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Don't worry... 46 is working on a bill that will subsidize energy bills... that his policies caused to increase... so he's going to rescue you.
 
budget76 said:
^^wonder if some companies are saying "hey, xyz did it and customers couldn't do anything but keep buying, why don't we do it to". Doubt it, the potential to backfire is massive, but eh maybe it happens.

not good. Like taxes, I do not expect those price increases to ever go away. they'll be the new "norm"
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There is probably some of that within industries, but the vast majority of it is the factor of the unknown. I think I mentioned monomer plastics in one of my previous posts. I usually get a blank stare when I mention that, so I'll just say it's a basic component of a lot of shit. It's likely in many paints/coatings and I noticed that sherwin williams was on one of the price increase letters. That same plastic would affect Tnemec, Induron, and any other coatings manufacturer. I know that particular plastic is in their packaging (plasitc 5 gal buckets) and it's likely in the resins for the paint itself. One example of course, but it's just the piece of their industry that crosses over with mine. Most all products bring products from many different places in ways that aren't first apparent. Even something like Cheese is impacted by fuel prices, grain prices, the price of plastics for packaging, labor prices, electric cost, tractors/equipment, etc. Everything is interlocked and is why the gov needs to quit with the manipulation, unintended consequences make concentric rings and go for a long fucking time. The best you can do is shop the market and find companies that are navigating the market the best and are able to meet your needs or perhaps re-evaluate your needs. That will weed out the guys just jacking up the price since everyone else is.
 
Texas97 said:
the only thing that will make prices go down will be a massive recession/depression.

right now, prices have outpaced wage increases all year. i dont know whats going to break the camels back, but its coming. something will have to slow it down.
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Exactly. A full year of cutting the legs completely out from under the dollar.

I said before we haven't seen shit yet...and I don't think we've come close to seeing the worst to come.

I'm by no means a prepper but I'm doing much more to prepare than I did 3 or 4 years ago. It's going to hurt and hurt like most have never seen before. I'm not trying to preach the doom and gloom but simply looking at the horizon and acknowledging the reality of it. (But I hope I'm wrong)

Those (younger and just starting out) with a mortgage, a couple car loans and living from pay check to pay check...I truly feel sorry for. They have no idea what they are in store for.
 
I agree fully with you Thumping, While we need a newer replacement car, we currently have only credit card debt and no car payments plus sitting on some cash reserves. It will be interesting to see just how long this crash will last.
 
Brass pipe fittings seem to have gone up substantially but I haven't ordered like for like so I can't compare to old prices.
 
Thumping said:
Exactly. A full year of cutting the legs completely out from under the dollar.

I said before we haven't seen shit yet...and I don't think we've come close to seeing the worst to come.

I'm by no means a prepper but I'm doing much more to prepare than I did 3 or 4 years ago. It's going to hurt and hurt like most have never seen before. I'm not trying to preach the doom and gloom but simply looking at the horizon and acknowledging the reality of it. (But I hope I'm wrong)

Those (younger and just starting out) with a mortgage, a couple car loans and living from pay check to pay check...I truly feel sorry for. They have no idea what they are in store for.
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The flip side, if they can service the debt they have on tangible assets, weathering the storm so to speak, maintaining employment, in a year or three, wages will catch up, they'll have assets they can easily pay down with cheaper dollars
 
Projectjunkie said:
The flip side, if they can service the debt they have on tangible assets, weathering the storm so to speak, maintaining employment, in a year or three, wages will catch up, they'll have assets they can easily pay down with cheaper dollars
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Its certainly going to be a gamble on the long game.
 
arse_sidewards said:
How much cash is too much to be sitting on?
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I struggle with this regularly. Right now i've got a couple thousand in the safe, then another $20k-ish in the bank. the rest is invested, for better or worse

some guys on here say $5 is too much and put it in the market, others say their mattresses are filled with cash
 
2big bronco said:
Maybe because they have to push dirt over it... but i literally head out to a field and throw the shit on the ground
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The expensive part is all ready buried by the time you get there. The liners,clay, leaching system are the big costs to the landfill. It’s like 200-300k a acre to install all that shit.
 
budget76 said:
^^wonder if some companies are saying "hey, xyz did it and customers couldn't do anything but keep buying, why don't we do it to".
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Sure there's some of that. One of my vendors just hit us with an invoice for an increase of about $800/item for 'increased cost of stainless steel" on a part that has about 100lb of steel in it. Not that close to the metals market, but I'm pretty sure stainless isn't up $8/lb.
 
arse_sidewards said:
How much cash is too much to be sitting on?
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That is a very good question. Say there was an overnight collapse of our financial system. Not likely but nothing in todays world nothing is really secure.

Could they...would they freeze accounts? If so, for how long? They've taking steps to prevent a run on our bank system but, is it completely fool proof?

Personally, I'd think you need a months worth of cash on hand. But then again, what would that cash actually even be worth? At one time is was illegal to hold on to gold. Could that play out again in cash?

I have no idea.
 
sdmuleman said:
Sure there's some of that. One of my vendors just hit us with an invoice for an increase of about $800/item for 'increased cost of stainless steel" on a part that has about 100lb of steel in it. Not that close to the metals market, but I'm pretty sure stainless isn't up $8/lb.
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They probably aren't fucking you much. Some stainless material is very hard to come by right now and the vendors who hold it are charging insane prices. Stainless market is up, but some items within are very hard to get and you can't apply "ss is x per lb".

Example. 4x10 11g sheet $900
4x10 12g sheet $1300

The lighter sheet cost more.

Both are prices on metal ready to ship.
 
arse_sidewards said:
How much cash is too much to be sitting on?
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Any. Im dumping my savings into building a house, all of it.


That said, I'm debt free, have assets i can liquidate and have really solid earning potential ahead of me, so there is little need for "6 months living expenses "

If you've got a mortgage and such, I'd back down to the 6mo-12mo or whatever you're comfortable with
 
The top trending search on google right now is

“Grocery stores empty shelves”

Are we on the precipice of another panic buying event?
 
JR4X said:
The top trending search on google right now is

“Grocery stores empty shelves”

Are we on the precipice of another panic buying event?
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Milk. There were two gallons left after I took two gallons. That would kind of suck.
 
also, just found out there is a diesel exhaust fluid shortage.

should i be steaming/boiling my urine in an attempt to catch urea and create my own DEF solution??
 
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