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Prices are NEVER going back down

Posted on 5/4/22 at 6:50 pm
Posted by The Detroit Lions
English Turn, LSU Alum
Member since Feb 2010
1442 posts
Posted on 5/4/22 at 6:50 pm
Even if manufacturing, supplies, resources, and staffing go back to normal, companies will NEVER revert their prices back to pre-COVID.

Milk, eggs, meat, diapers, lumber, gas, you name it. Every sector, even ones not affected by inflation, is using it as an excuse to increase their profit margins.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119199 posts
Posted on 5/4/22 at 6:51 pm to
Not in Biden's America.
Posted by djangochained
Gardere
Member since Jul 2013
19054 posts
Posted on 5/4/22 at 6:52 pm to
Why would they
Posted by OceanMan
Member since Mar 2010
20024 posts
Posted on 5/4/22 at 6:53 pm to
Yeah, that’s pretty much how prices work, and what inflation means
Posted by Abstract Queso Dip
Member since Mar 2021
5878 posts
Posted on 5/4/22 at 6:53 pm to
Congratulations on learning the 4th chapter in High school economics: The Real Dollar. The next chapter is Currencies; Gold Standard vs Fiat.
Posted by efrad
Member since Nov 2007
18645 posts
Posted on 5/4/22 at 6:54 pm to
Who thought prices were going to go down?

eta
quote:

even ones not affected by inflation

everything is affected by inflation. what do you think isn't?
This post was edited on 5/4/22 at 6:56 pm
Posted by Hamma1122
Member since Sep 2016
19823 posts
Posted on 5/4/22 at 6:55 pm to
Look who just caught on
Posted by jnethe1
Pearland
Member since Dec 2012
16143 posts
Posted on 5/4/22 at 6:57 pm to
Yep, and the rest of the economy will have to adjust. Wages will rise to meet the increased pricing…. Lmao.
Posted by Cracker
in a box
Member since Nov 2009
17711 posts
Posted on 5/4/22 at 6:59 pm to
Lead never did
Posted by jcaz
Laffy
Member since Aug 2014
15638 posts
Posted on 5/4/22 at 7:01 pm to
And pay will remain the same for everyone.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 5/4/22 at 7:02 pm to
I think most people have accepted this as reality by now
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
64596 posts
Posted on 5/4/22 at 7:02 pm to
There is a one major reason prices are never going down. I’ll give you a hint as to why…



As long as this trend continues, prices will always be on the rise.

WTA: You can down vote it all you want. It won’t change the fact it’s true.
This post was edited on 5/4/22 at 7:05 pm
Posted by HoustonGumbeauxGuy
Member since Jul 2011
29539 posts
Posted on 5/4/22 at 7:04 pm to
Where there’s contango there’s backwardation

…in time.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75218 posts
Posted on 5/4/22 at 7:05 pm to
Home prices will more than likely stabilize, but I don’t think there’s going to be a major dip or bubble burst. More than likely a correction, but I don’t see supply catching up to demand for at least the next 3-5 years.
Posted by SirWinston
PNW
Member since Jul 2014
81818 posts
Posted on 5/4/22 at 7:05 pm to
We need our Daddy back so heckin badly, mates

Posted by tonydtigr
Beautiful Downtown Glenn Springs,Tx
Member since Nov 2011
5108 posts
Posted on 5/4/22 at 7:06 pm to
No more mean tweets.
Posted by tigergirl10
Member since Jul 2019
10311 posts
Posted on 5/4/22 at 7:06 pm to
Didn’t they go back down from Obama when Trump took office?
Posted by RealDawg
Dawgville
Member since Nov 2012
9393 posts
Posted on 5/4/22 at 7:09 pm to
As long as Diesel stays where it is..all shite will be more expensive.

Trains-Diesel.
Ships-Diesel.
Trucks-Diesel.

Now let China shut down ports again for Covid.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
66844 posts
Posted on 5/4/22 at 7:13 pm to
quote:

Every sector, even ones not affected by inflation,


give us an example
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63032 posts
Posted on 5/4/22 at 7:27 pm to
If the cost to do business goes down, good chance competition will eventually normalize many industries' margins.
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