Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Fed’s Bostic Finally Admits It: Inflation Is Not Transitory, And It’s Getting Worse
Nation & State ^ | 10-12-2021

Posted on 10/12/2021 1:06:05 PM PDT by blam

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-24 last
To: blam

The guy’s a two-fer. Black and gay.


21 posted on 10/12/2021 3:31:15 PM PDT by Bookshelf
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

Prices are going up? They should will more fiat reserve notes into existence and pass another stimulus.


22 posted on 10/12/2021 3:49:53 PM PDT by Repeat Offender (While the wicked stand confounded, call me with Thy saints surrounded.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: billyboy15

Items like the screws I use have doubled in price, but I bought such a large quantity this is the fist time I’ve had to buy them again in two years. Some of the hurricane ties are still cheap, but others have gone up anywhere from 25-50%. The reason I went to six suppliers was in search of a specialty 4x16 tie. Totally unavailable unless I wanted it in 12 ga, in which case they were $10 each.

Lumber was a special situation. We’re in a building frenzy and there was a hurricane and a huge fire, the two of which took out a high percentage of the capacity. Also, Trump put a large tariff on Canadian lumber in order to force them to the negotiating table. Then the “election” happened and the Canadian (interior minister?) said that no one in the administration would even take his calls. So I paid a bit over five grand for a materials list that was quoted at seven grand just a year ago. Big win there.

Appliances are being quoted as available no earlier than next April. I’ll wager their prices will be screaming up. We really need to bring manufacturing back to the states. Globalization meant China got to build everything with their managed economy and no profit. The objective of china is to keep people employed, not make money. It’s time to kick them out of the global economy.


23 posted on 10/12/2021 6:03:03 PM PDT by Gen.Blather (W-w-wait a minute. Did I do that?!)
[ Post Reply | Private Reply | To 16 | View Replies]

To: blam

Bump


24 posted on 10/12/2021 6:07:02 PM PDT by WashingtonSource
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-24 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson