Have seen some prices rise somewhat, but cries of “runaway inflation” are exaggerated. We typically get inflation when we get a rising economy, so why the surprise?
Yup.. there’s enough anti-vaxers out there to keep a good breeding stock of COVID actively improving to where we will have another pandemic that will curb this inflation thing for good.
Look at all the left wing apologists for China. This is the reason Democrats can’t be trusted as they live in a universe far removed from reality. When you have idiots trying to blame President Trump for a pandemic that originated in China, which was covered up as much as possible by the CCP and their bought and paid for agents (Dr. Fauci for one), it reduces their credibility to near zero. Then you have the rest of the Marxist bobble heads nodding in ideological unison. Biden’s disastrous, inflationary policies are going to keep this country on its knees when it should be well on its way to recovery.
Logistics! It’s all about logistics and the latest penchant for having stock delivered ‘just in time’. This arm of Capital worked well during the global ‘good times’ prior to a world wide epidemic, now however, we have trouble getting stuff from abroad, let alone in our own countries because lock downs, working from home, ships stuck in the Suez canal etc. etc.. This is why you find product in the shop one week, but it ain’t there the next. Capital, being the beast it is, then takes advantage of the shortage and charges ‘what the market can afford’.
RAGs almost 3 years ago
I’ll never use Bok for a financial advisor.
DIF20 almost 3 years ago
Price hiking for any excuse…and truly speaking, there are no shortages except for the co’s who are creating shortages by holding back from ordering.
nodjt almost 3 years ago
The public is paying the price for corporate refusal to adequately secure their it systems.
davidthoms1 almost 3 years ago
Hey! Chip got something right. The Fed only protects business, not consumers.
mourdac Premium Member almost 3 years ago
Bills such as the proposed Infrastructure Bill are long-term investments and would have no effect on inflation of consumer goods.
DrDon1 almost 3 years ago
Bok proudly demonstrating what he learned at Trump U from Larry Kudlow, Mike Lindell, and ‘Dean’ Trump!
Bramosenos Premium Member almost 3 years ago
I think maybe MR. Bok is anticipating. Maybe he’s psychic or some sort of sic. Or maybe wishful thnking.
ferddo almost 3 years ago
Have seen some prices rise somewhat, but cries of “runaway inflation” are exaggerated. We typically get inflation when we get a rising economy, so why the surprise?
Alberta Oil Premium Member almost 3 years ago
Yup.. there’s enough anti-vaxers out there to keep a good breeding stock of COVID actively improving to where we will have another pandemic that will curb this inflation thing for good.
XtopherSD almost 3 years ago
It is.
SFCEagle almost 3 years ago
Look at all the left wing apologists for China. This is the reason Democrats can’t be trusted as they live in a universe far removed from reality. When you have idiots trying to blame President Trump for a pandemic that originated in China, which was covered up as much as possible by the CCP and their bought and paid for agents (Dr. Fauci for one), it reduces their credibility to near zero. Then you have the rest of the Marxist bobble heads nodding in ideological unison. Biden’s disastrous, inflationary policies are going to keep this country on its knees when it should be well on its way to recovery.
grumpypophobart almost 3 years ago
Logistics! It’s all about logistics and the latest penchant for having stock delivered ‘just in time’. This arm of Capital worked well during the global ‘good times’ prior to a world wide epidemic, now however, we have trouble getting stuff from abroad, let alone in our own countries because lock downs, working from home, ships stuck in the Suez canal etc. etc.. This is why you find product in the shop one week, but it ain’t there the next. Capital, being the beast it is, then takes advantage of the shortage and charges ‘what the market can afford’.