Author Topic: Is Hyperinflation On The Horizon?  (Read 150239 times)

Offline gozalim

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Re: Is Hyperinflation On The Horizon?
« Reply #580 on: November 02, 2021, 04:22:32 PM »
Esrogim have a new story each year

Online AsherO

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Re: Is Hyperinflation On The Horizon?
« Reply #581 on: November 02, 2021, 04:33:06 PM »
Esrogim have a new story each year

The unfortunate reality is that loyalty in the Esrogim business only results in you paying higher prices (for similar quality goods). If you're a new customer a seller is willing to give you a break to earn your business. As they start seeing you as a a captive customer those breaks disappear and the nickel-and-diming starts.
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Offline yuneeq

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Re: Is Hyperinflation On The Horizon?
« Reply #582 on: November 02, 2021, 06:31:41 PM »
I agree and have witnessed that many times. It is called inflation.  :)

We're somewhere between typical inflation and hyperinflation. Call it "high inflation", I think we all get the point though.
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Offline yuneeq

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Re: Is Hyperinflation On The Horizon?
« Reply #583 on: November 02, 2021, 06:37:50 PM »
I've been noticing many food establishments that don't have updated menu pricing because they can't keep up with price increases. Same with ads from small businesses where they cross out pricing and don't bother replacing it.
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Offline CountValentine

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Re: Is Hyperinflation On The Horizon?
« Reply #584 on: November 02, 2021, 06:40:27 PM »
We're somewhere between typical inflation and hyperinflation. Call it "high inflation", I think we all get the point though.
Were you around for the 70-80's? That was some high inflation. Hopefully we don't hit those double digits.
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Offline ExGingi

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Re: Is Hyperinflation On The Horizon?
« Reply #585 on: November 02, 2021, 07:01:23 PM »
Were you around for the 70-80's? That was some high inflation. Hopefully we don't hit those double digits.

+1

We're somewhere between typical inflation and hyperinflation. Call it "high inflation", I think we all get the point though.

Just like the number 3 is somewhere between 1 and 100. Call it a "high number", I hope we can all get the point.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline yuneeq

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Re: Is Hyperinflation On The Horizon?
« Reply #586 on: November 02, 2021, 07:09:29 PM »
+1

Just like the number 3 is somewhere between 1 and 100. Call it a "high number", I hope we can all get the point.

Hyperinflation can range from 50% a month to 737495818472% a month, let’s just call it deflation, I hope we can all get the point.
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Re: Is Hyperinflation On The Horizon?
« Reply #587 on: November 02, 2021, 08:52:23 PM »
I've been noticing many food establishments that don't have updated menu pricing because they can't keep up with price increases. Same with ads from small businesses where they cross out pricing and don't bother replacing it.

This is very disconcerting.
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Offline ExGingi

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Re: Is Hyperinflation On The Horizon?
« Reply #588 on: November 03, 2021, 12:03:51 AM »
https://amp.ft.com/content/50019155-2ae9-4659-97db-d7aeae116f42

Quote
Food companies are raising prices for consumers to protect their profit margins, with large multinationals including Nestlé; and Procter & Gamble warning over the past few weeks that cost pressures will continue to worsen before they get better. Analysts say higher costs for production, processing and transport will keep prices elevated.

“High prices are here for at least another year,” said Carlos Mera, head of agri commodities market research at Rabobank.

...


Higher prices typically cut demand while encouraging increased production. However, the adjustments may be slow this time, warn analysts. “There are no signs of that at the moment. There’s certainly a dislocation,” said Amy Reynolds, analyst at the International Grains Council.

...

‘Just in case’ demand is continuing and poor harvests in developing countries are leading to a rise in grain tender prices. “There’s no sign of demand destruction happening despite the level of prices. How high do prices have to be?” Reynolds asked.

The rise in costs for farmers will make it difficult for them to capitalise on the higher prices and increase supplies.
« Last Edit: November 03, 2021, 12:07:15 AM by ExGingi »
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Offline yesitsme

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Re: Is Hyperinflation On The Horizon?
« Reply #589 on: November 03, 2021, 12:07:01 AM »
I've been noticing many food establishments that don't have updated menu pricing because they can't keep up with price increases. Same with ads from small businesses where they cross out pricing and don't bother replacing it.
Yup
Yapchick has some big posters that the final price will be on your receipt and labeled prices have no value
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Offline ExGingi

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Re: Is Hyperinflation On The Horizon?
« Reply #590 on: November 03, 2021, 01:03:50 AM »
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan


Offline ExGingi

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Re: Is Hyperinflation On The Horizon?
« Reply #592 on: November 09, 2021, 09:54:35 AM »
Meanwhile since the Fed meeting last week, long-term rates have come down, doesn't seem like pros are buying into any inflation fears.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline Kobe Bryant

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Re: Is Hyperinflation On The Horizon?
« Reply #593 on: November 09, 2021, 01:40:58 PM »


Inflation Vs wage growth 

Offline ExGingi

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Re: Is Hyperinflation On The Horizon?
« Reply #594 on: November 09, 2021, 08:54:31 PM »
"Many items" having double digit increases, might just be a generational catch-up (as Ritholtz pointed out last week IINM). That doesn't mean inflation or some spiraling price action.

https://ritholtz.com/2021/11/productivity-wage-gains/
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Offline yesitsme

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Re: Is Hyperinflation On The Horizon?
« Reply #595 on: November 10, 2021, 12:35:44 AM »
- Mehadrin/J&J dairy announced price increases on products starting Nov 21 due to rising costs of raw materials and transportation.

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Offline moko

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Re: Is Hyperinflation On The Horizon?
« Reply #596 on: November 10, 2021, 04:40:51 AM »
- Mehadrin/J&J dairy announced price increases on products starting Nov 21 due to rising costs of raw materials and transportation.
that would be at least the 3rd one oin the past few months not mention shrinking the yogurt cups

Offline EliJelly

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Re: Is Hyperinflation On The Horizon?
« Reply #597 on: November 10, 2021, 10:59:34 AM »
that would be at least the 3rd one oin the past few months not mention shrinking the yogurt cups
They are the worst. We need a quality competitor asap.

Offline Kobe Bryant

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Re: Is Hyperinflation On The Horizon?
« Reply #598 on: November 10, 2021, 11:33:49 AM »
CPI numbers are disastrous.

Offline ushdadude

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Re: Is Hyperinflation On The Horizon?
« Reply #599 on: November 10, 2021, 11:35:44 AM »
They are the worst. We need a quality competitor asap.
normans and devash?