Phantasmal (05-14-2021)
The reason prices are going up isn't because of ambiguous, ambivalent "inflation", but because consumer demand, which has been pent up for 15 months, is now FINALLY being released due to the vaccination effort.
Inflation would happen if that demand suddenly disappeared or contracted. But it's not going to disappear because those people will continue spending in the consumer economy.
We don't have inflation to fear...what we have to fear is a return to lockdowns because not everyone is vaccinated and COVID mutates/evolves into a strain that can overcome the vaccines.
So get vaccinated, idiots...that's how you fight inflation.
When I die, turn me into a brick and use me to cave in the skull of a fascist
Phantasmal (05-14-2021)
Notice how everything is ‘vaccine dependent’ now lol?
Regarding the OP: pent up demand is a thing and it can cause inflation; the kind of spending that requires the fed to monetize massive debt WILL cause inflation. So, we have a double whammy.
Should be great fun. Might want to get used to driving the same car for a minute. Forget about building a home or an addition. Even a modest deck is nearly prohibitive.
Coup has started. First of many steps. Impeachment will follow ultimately~WB attorney Mark Zaid, January 2017
Stone (05-14-2021)
Darth Omar (05-14-2021)
Yea, sure. That's why there are virtually no basic residential electrical components to be had in the metro Phoenix area for nearly two months now. I'm sure that's why the price of copper wire is through the roof too...
Demand hasn't changed dramatically in the last six months for this stuff, along with other building materials. What has changed is that suppliers and manufacturers are way behind on orders and stuff like copper is starting to take a hit from the (somebody's in charge) administration. Joke and his minions, as but one example, are back to trying to halt the Resolution copper mine in Arizona. This fully opened would be the largest copper mine on the planet in terms of output but Joke is going back to siding with a handful of retard and nutter radical Leftist environmentalists and Native Americans who want the mine stopped because that's what they do with everything they don't like. The Native groups always claim it's "sacred land" when they oppose something.
When they opposed the loop 202 freeway expansion they did that, but once it opened the same bunch said nothing about the dozens of billboards (something you can't built like that on Arizona land but can on tribal land) that the tribe adjacent to the freeway stuck up almost immediately because it generated revenue for the tribe.
Well, getting a bit off topic. The problem is the manufacturers cut back on production because early in the lockdown demand dropped. Now that demand is back up, supply hasn't caught up with increasing demand. But because of the huge shortages, the price of goods and materials has shot way up, particularly commodities that are traded like copper or lumber.
As for inflation, that's mainly going to be caused by more money floating in the market due to repeated massive government "stimulus" bills. The difference will be if demand and supply even out, prices will return to about where they were. If inflation is the driver they'll stay high and go higher.
Darth Omar (05-14-2021)
Your problem is that you're so uneducated on this topic, you're only able to see five feet in front of you.
A shortage of electrical components coupled with an increase in demand is absolutely, 100% going to increase the price. That is how supply-and-demand works.
But that has NOTHING to do with monetary policy and NOTHING to do with inflation.
Weird because we've been in a lockdown for more than twice as long.]Demand hasn't changed dramatically in the last six months for this stuff
.What has changed is that suppliers and manufacturers are way behind on orders and stuff like copper is starting to take a hit from the (somebody's in charge) administration
OK, but that has NOTHING to do with inflation. That is a supply issue, and as that supply is increased, the prices will come down.
It hasn't caught up YET, but it will at some point and when it does, that's when prices will ease.The problem is the manufacturers cut back on production because early in the lockdown demand dropped. Now that demand is back up, supply hasn't caught up with increasing demand.
Again, that has absolutely nothing to do with inflation.
If we didn't have runaway inflation after a $2T tax cut in 2018, then we're not going to have runaway inflation after a $2T recovery program in 2021.As for inflation, that's mainly going to be caused by more money floating in the market due to repeated massive government "stimulus" bills.
The only way we would see runaway inflation is if we returned to lockdowns because you fucking idiots didn't get your vaccine.
When I die, turn me into a brick and use me to cave in the skull of a fascist
When I die, turn me into a brick and use me to cave in the skull of a fascist
I can agree that one month doesnt make it inflation. If this continues for a couple more months though you wont be able to spin it anymore lol.
MAGA
I think I pointed out in another thread that the pandemic may not cooperate.
I see where Herr Pelosi is requiring all House members to don the talisman even though everyone is vaccinated. She’s not ‘following the science’ [what a useless phrase that has become] so she’s following something else.
As far as Democrats are concerned the pandemic ‘hasn’t been excused yet’.
Coup has started. First of many steps. Impeachment will follow ultimately~WB attorney Mark Zaid, January 2017
TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..
De Oppresso Liber
Not everyone is vaccinated. Some are choosing not to be vaccinated, and that choice is preventing us from returning to any normalcy.
So just like how you egged on the pandemic from Jan-Mar 2020, you're egging on the pandemic again in May 2021.
So if we have to return to lockdowns this fall, it will be your fault.
When I die, turn me into a brick and use me to cave in the skull of a fascist
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