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re: How long do yall think it will take for Trump to get grocery prices back under control?
Posted on 12/13/24 at 8:29 pm to BallHawg10
Posted on 12/13/24 at 8:29 pm to BallHawg10
Prices never go down.
Posted on 12/13/24 at 8:32 pm to BallHawg10
If the Trump administration can lower energy prices with less regulations, incentives, and investments, we should see some decrease in inflation and hopefully lower prices.
Posted on 12/13/24 at 8:35 pm to dukke v
quote:The key is to reduce costs. Transportation and anything energy related price reduction, should result in better prices at checkout. That's the first step.
Prices are not going anywhere anytime soon.
DRILL, BABY, DRILL!
Posted on 12/13/24 at 8:35 pm to Diseasefreeforall
quote:
You don't want deflation.
Yes you do. Everything is overpriced and a bubble, it's not sustainable. If you don't people who make under 60k will be rioting soon. Me and the wife make a good living but if I am realistic about the situation, your average american family is struggling and barely holding on.
Posted on 12/13/24 at 8:38 pm to momentoftruth87
quote:
Prices never go down.
Not true. 2009 I bought a previous 600k house for 300k because of the housing bubble. We are in bubble territory again
Posted on 12/13/24 at 8:38 pm to greygoose
Oil and gas are cheap right now and have been for much of the past year+
Oil is like 58 dollars a barrel in 2020 dollars. That’s dirt cheap.
Oil is like 58 dollars a barrel in 2020 dollars. That’s dirt cheap.
Posted on 12/13/24 at 8:39 pm to BallHawg10
Not how inflation works at all.
Posted on 12/13/24 at 8:41 pm to John Barron
quote:
Not true. 2009 I bought a previous 600k house for 300k because of the housing bubble. We are in bubble territory again
Housing is different. Was speaking more so basic consumer goods. A company isn’t going to go backwards on the margin.
Posted on 12/13/24 at 8:44 pm to JohnnyKilroy
quote:Has Biden replenished our strategic oil reserves yet?
Oil and gas are cheap right now and have been for much of the past year+
Oil is like 58 dollars a barrel in 2020 dollars. That’s dirt cheap.
Posted on 12/13/24 at 8:46 pm to BallHawg10
Grocery prices are never going down.
Posted on 12/13/24 at 8:46 pm to greygoose
Fully?
Nope.
But they have started buying earlier this year.
Btw the actual strategic reserve is the billions and billions of barrels of oil in our waters and under our soil. The shite being stored in the SOR is a drop in the bucket.
Nope.
But they have started buying earlier this year.
Btw the actual strategic reserve is the billions and billions of barrels of oil in our waters and under our soil. The shite being stored in the SOR is a drop in the bucket.
Posted on 12/13/24 at 8:48 pm to BallHawg10
You will see items on sale but no appreciable lessening. New set points have been established and won't alter too terribly much
Posted on 12/13/24 at 9:03 pm to John Barron
quote:
Yes you do. Everything is overpriced and a bubble, it's not sustainable. If you don't people who make under 60k will be rioting soon. Me and the wife make a good living but if I am realistic about the situation, your average american family is struggling and barely holding on.
The problem is that if prices go down, wages will follow so there's no benefit to the average person.
A situation like Japan can follow where the economy stagnates for decades and years and years go by without raises. This has resulted in a situation where Japanese people are still wealthy compared to poor countries but they have become poor relative to rich countries.
There's a reason America has the greatest economy in the world. Not the largest but the most impactful. It's because we value innovation and growth and attract investment from all over the world. Losing that edge could be very very bad.
Posted on 12/13/24 at 9:05 pm to BallHawg10
quote:
I’m realistic so I know it’s gonna take some time and not be immediate but just curious how long we’re talking? The sooner the better that’s for sure lol
i see you bought that bullshite...

he's already admitted that he very likely won't be able to do it at all, and if he imposes those tariffs... bruh... you think shite is expensive now?? just fricking wait...

Posted on 12/13/24 at 9:08 pm to BallHawg10
He won't and he never planned to.
Posted on 12/13/24 at 9:08 pm to TarheelPete
quote:
Inflation go from the current 10-20% back down to 3-5%? Maybe a year.
Yikes.
Posted on 12/13/24 at 9:09 pm to BallHawg10
that horse is out of the barn. Food prices aren't coming down.
Posted on 12/13/24 at 9:13 pm to BallHawg10
quote:
"Grocery prices have skyrocketed; how can a family afford that? So, when I win, I will immediately bring prices down," Trump said.
He promised on the campaign to get prices down and fast. I would expect we see groceries get cheaper and closer to 2019 prices by the summer of 2025. Even Trump acknowledged he won on promising cheaper groceries so this is important.
Posted on 12/13/24 at 9:15 pm to theronswanson
quote:
I would expect we see groceries get cheaper and closer to 2019 prices by the summer of 2025.
What is your basis for this assertion?
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