Author Topic: Is Hyperinflation On The Horizon?  (Read 65848 times)

Offline UKinNYS

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Re: Is Hyperinflation On The Horizon?
« Reply #540 on: October 28, 2021, 12:17:19 PM »
for those that dont know he's being snarky he's more into deflation
https://www.cnbc.com/2021/10/26/hyperinflation-warnings-are-totally-ridiculous-david-rosenberg.html?__source=sharebar|twitter&par=sharebar
Also STAGFLATION I think is the bigger story for most ppl I know who never watched their spending but are now checking prices before every purchase - Im sure many can relate.   :-\
https://www.cnbc.com/2021/10/28/us-gross-domestic-product-increases-at-2point0percent-annualized-pace-in-q3-vs-2point8percent-estimate.html

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Re: Is Hyperinflation On The Horizon?
« Reply #541 on: October 28, 2021, 02:01:19 PM »


I posted the above before listening to it myself, as I knew that Lacy Hunt is someone worth listening to.

If you're unsure about inflation, the direction of interest rates, the effects of the upcoming "infrastructure bill", etc. etc. then this piece is a must. Take your time to listen and try to understand what is being said. At approximately 24:43 Van Metre asks and then Hunt explains why the Fed expansion of its balance sheet won't lead to hyperinflation (spoiler: it has to do with the Federal Reserve Act), and at about 46:38 he explains why the supply chain price increases could lead to a recession (and not inflation).
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

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Re: Is Hyperinflation On The Horizon?
« Reply #542 on: October 29, 2021, 02:13:40 AM »
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Kobe Bryant

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Re: Is Hyperinflation On The Horizon?
« Reply #543 on: October 29, 2021, 12:10:04 PM »

Online ExGingi

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Re: Is Hyperinflation On The Horizon?
« Reply #544 on: October 30, 2021, 07:44:51 PM »

I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline yesitsme

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Re: Is Hyperinflation On The Horizon?
« Reply #545 on: October 30, 2021, 08:56:01 PM »

I don't have charts and graphs all a know is that mayonnaise, construction and cleaning laidys are double then what it was pre covid name it whatever works for you thanks

Offline yesitsme

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Re: Is Hyperinflation On The Horizon?
« Reply #546 on: October 30, 2021, 08:57:13 PM »
I don't have charts and graphs all a know is that mayonnaise, construction and cleaning laidys are double then what it was pre covid name it whatever works for you thanks
I forgot to mention 64oz grapefruit juice in gg $6.49
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Re: Is Hyperinflation On The Horizon?
« Reply #547 on: October 30, 2021, 09:01:57 PM »
I forgot to mention 64oz grapefruit juice in gg $6.49

I would have never known. I haven't noticed an increase in the price of water or seltzer.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline yesitsme

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Re: Is Hyperinflation On The Horizon?
« Reply #548 on: October 30, 2021, 09:05:23 PM »
I would have never known. I haven't noticed an increase in the price of water or seltzer.
What about 9 x 13 paper goods in general?
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Re: Is Hyperinflation On The Horizon?
« Reply #549 on: October 30, 2021, 09:09:02 PM »
What about 9 x 13 paper goods in general?
I haven't been able to find a case of 9x13.
I wonder what people who type "u" instead of "you" do with all their free time.

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Re: Is Hyperinflation On The Horizon?
« Reply #550 on: October 30, 2021, 11:27:21 PM »
What about 9 x 13 paper goods in general?

Didn't notice specifically. I usually get 9 x 13 in Costco, much better quality than what the Jewish stores sell.

Definitely paying more for cleaning ladies, but that is a combination of catching up after years of lagging, along with all the free money, no evictions, etc which are causing labor shortages at the lower end of the scale, definitely not something permanent or with potential to spiral out of control.  Minimum wage in NY is at $15/hr, that doesn't help much either.
« Last Edit: October 30, 2021, 11:31:28 PM by ExGingi »
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline yesitsme

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Re: Is Hyperinflation On The Horizon?
« Reply #551 on: October 31, 2021, 05:00:29 AM »
Didn't notice specifically. I usually get 9 x 13 in Costco, much better quality than what the Jewish stores sell.

Definitely paying more for cleaning ladies, but that is a combination of catching up after years of lagging, along with all the free money, no evictions, etc which are causing labor shortages at the lower end of the scale, definitely not something permanent or with potential to spiral out of control.  Minimum wage in NY is at $15/hr, that doesn't help much either.
"Jewish ones"  ::) jetfoil doesn't represent Jews,
And jetfoil has lightweight for cheap (and not worth it IMHO) that they try to sell to the consumer and they also have heavy duty (I saw used in restaurants)
bingo's (I forgot the brand name) are just fine
NPGS has 9x13's for $33 a case
The reason why I noticed it is because a distributor mentioned it to me
He said "remember $13 a case deals? Those days are over" and he was right
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Offline Kobe Bryant

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Re: Is Hyperinflation On The Horizon?
« Reply #552 on: November 01, 2021, 08:08:24 AM »

Offline yesitsme

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Re: Is Hyperinflation On The Horizon?
« Reply #553 on: November 01, 2021, 07:57:25 PM »
Greek yogurts went from 5. 7 Oz to 5 or 5.3

One brand advertised "Now with room for you favorite topping"
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Offline Kobe Bryant

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Re: Is Hyperinflation On The Horizon?
« Reply #554 on: November 01, 2021, 08:25:05 PM »
Greek yogurts went from 5. 7 Oz to 5 or 5.3

One brand advertised "Now with room for you favorite topping"
5 OZ

Offline yesitsme

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Re: Is Hyperinflation On The Horizon?
« Reply #555 on: November 01, 2021, 08:31:09 PM »
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Re: Is Hyperinflation On The Horizon?
« Reply #556 on: November 02, 2021, 09:15:30 AM »
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

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Re: Is Hyperinflation On The Horizon?
« Reply #557 on: November 02, 2021, 09:17:37 AM »
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Online AsherO

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Re: Is Hyperinflation On The Horizon?
« Reply #558 on: November 02, 2021, 01:00:47 PM »

This isn't necessarily the correct place for this discussion, but the following article was pretty thorough and very informative. What do y'all think?

https://medium.com/@ryan79z28/im-a-twenty-year-truck-driver-i-will-tell-you-why-america-s-shipping-crisis-will-not-end-bbe0ebac6a91

(If you hit the Medium paywall try opening in incognito)

Offline CountValentine

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Re: Is Hyperinflation On The Horizon?
« Reply #559 on: November 02, 2021, 01:16:39 PM »
So is hyperinflation still on the horizon? Are we currently in hyperinflation or is it just a bunch of hype?
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch