Posted on 06/28/2021 11:46:57 AM PDT by dennisw
Air-conditioned prices up from last summer All large appliances up. Washing machines, driers, dishwashers, refrigerators etc. Microwave ovens stable or up
Food prices? What do you see? Forget chicken wings, buy drumsticks to substitute. Drumstick prices are not up very much.
Beef up 50% from last year. My favorite cuts at least. Though grass fed hamburger at Aldis is down 50 cents per pound. Watermelon prices same as last year.
What inflation or deflation do you see in anything? Some that might get you angry,
The Japanese have been world class leaders in engineering and manufacturing for many decades.
I saw a GM executive do an interview in the 90’s and he said something like, “It’s not that we can’t build a car like the Lexus at that price, it’s that we can’t build a car like the Lexus.” American car companies have tightened up tolerances a lot but, Japan still is amazing and moving their plant to China..? I suppose if they want to sell to billions of Chinese buyers, you go.
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