re: How long do yall think it will take for Trump to get grocery prices back under control?

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Trump literally said numerous times on the campaign trail he would “immediately” bring the price of groceries down.

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The only thing I'd add is that the market prices in future potential government changes long before most of the populace thinks they do. As a total hypothetical, if Keystone XL was approved and permitted on Feb 1, the futures prices of fertilizer, diesel, pork bellies, etc., for delivery in Fall/Winter of 2025 would be lower than they were now. It doesn't matter that oil won't be flowing to Houston that fast.

Logic says that futures prices shouldn't decrease until the capacity is there, but logic doesn't rule, emotions do. Like when someone rockets the hell out of Israel, oil prices go up. Nevermind that Israel only holds .045% of world reserves of natural gas, emotion outweighs it. Meanwhile, the Houthis blow up Saudi refineries, nobody seems to react over a more than 90 day period. If Trump gives permission to the Saudis to glass the Houthis on 21 January, what do you think happens to shipping rates in February and March of 25? They crash to normal. Insurance costs for shipping crash, etc. Cheaper to move grain, oil, etc.

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You don't want deflation atchelly I kinda do.

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It’s just as bad as high inflation. Maybe worse.

Deflation means there is no demand for products so companies must drop prices below cost to get sales and cash flow. This leads to widespread business and bank failures.

It causes a downward spiral when consumers expect prices to drop and delay purchases. This leads to reduced investment, production cuts, wage cuts or job cuts, and makes debt harder to service because real value of debt increases. All of this leads to even more reduced consumer spending and it can spiral out of control. Great Depression was the last time we had long term deflation, and our entire economic policy since has been restructured to specifically prevent deflation. We had a short period of deflation in 2009 but it was mild

So... you are talking about the difference between rising prices and inflation. Inflation... or the rate of inflation, can be reduced... independent of rising prices due to something other than inflation, which is generally due to an increase in monetary supply. Pumping too much money into the monetary supply yields inflation, which is different than rising prices, is it not?

But you are correct, reducing inflation may or may not result in lower prices.

Deflation can be as bad... or worse... for the economy than inflation if prices are lower because of say... a reduction in demand. That would actually be worse than higher prices, would it not?

Hey... it makes sense in my head at least, even if I may not be perfectly explaining it. If that makes sense.

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Trump literally said numerous times on the campaign trail he would “immediately” bring the price of groceries down. Millions of people voted for him based on that promise. I don’t think it’s out of line to expect a quick reduction in prices based on what Trump has explicitly promised. He isn’t like other politicians and keeps the promises he makes

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While it's reasonable to expect him to keep his promises, it's unreasonable to have believed them in the first place. So it's a wash.

Is it reasonable to expect millions of dollars deposited into your account after responding to an email in your spam box from a Nigerian 'diplomat?'

You poor silly people , you all got played.

Never

Yup. You had deflation back in 2008. Remember that one?

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Yup. You had deflation back in 2008. Remember that one?

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bullshite

Deflation in what? The frocking stock market and 401k? None one the retail side that I recall, hoss.

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They will if the demand isn't there. We have 15 million illegal aliens let into the country then given EBT cards for food which caused a huge increase on the demand side. Remove those 15 million people and I guarantee food prices go down.

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Why would they lower prices if demand goes down due to fewer people being in the country?

The people who are still here are still eating, and they—under your prediction—won't have lost the will to buy food at current prices just because Granny Florez down the street got deported.

In other words, in this particular case, lowering prices might not reasonably be expected to make up the difference in volume.

So what exactly would producers gain by lowering them? Hell, under those conditions they might raise them if they thought they could without losing too much market share.