Forums46
Topics537,926
Posts9,730,751
Members87,051
|
Most Online25,604 Feb 12th, 2024
|
|
|
Inflation
#8248247
04/25/21 07:35 PM
|
Joined: Mar 2013
Posts: 5,039
jetdad
OP
THF Trophy Hunter
|
OP
THF Trophy Hunter
Joined: Mar 2013
Posts: 5,039 |
I have a recurring order for pet meds every 3 months. Got my notice and the price had increased $9.00. Doesn't seem like much but it's a 32% increase when you annualize it. Everything is shooting up. I wonder what will be the first to fold? Will it be Real estate? Work from home has to have an effect on vacancy of office space. New home prices will have to build in the increased cost of materials. Will the stock market suffer a major correctio? I've seen many cycles but never one like this. So much gov't intervention. I'm baffled.
|
|
|
Re: Inflation
[Re: jetdad]
#8248313
04/25/21 09:07 PM
|
Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
|
THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
|
|
|
Re: Inflation
[Re: jetdad]
#8248334
04/25/21 09:49 PM
|
Joined: Jan 2007
Posts: 15,486
reeltexan
THF Celebrity
|
THF Celebrity
Joined: Jan 2007
Posts: 15,486 |
Too many dollars being printed.
"Give me an Army of West Point graduates and I'll win a battle... Give me a handful of Texas Aggies and I'll win a war." - General Patton
|
|
|
Re: Inflation
[Re: jetdad]
#8248337
04/25/21 09:57 PM
|
Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
|
THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
I'll take today's dollars with today's earnings. I picked cotton.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
|
|
|
Re: Inflation
[Re: jetdad]
#8248344
04/25/21 10:12 PM
|
Joined: Aug 2008
Posts: 14,950
don k
THF Celebrity
|
THF Celebrity
Joined: Aug 2008
Posts: 14,950 |
Something has got to happen. I have no idea what but it is going to happen. The wonderful guv. cannot keep spending and printing money the way is before the sh*t hits the fan. Years ago there needed to be enough gold to cover the paper money. No more. Now If you don't have the gold just print more money. Eventually the fan is going to be hit. I may or not be around the see it. But is is going to wake up a lot of folks.
|
|
|
Re: Inflation
[Re: jetdad]
#8248348
04/25/21 10:17 PM
|
Joined: Feb 2010
Posts: 11,658
GusWayne
THF Celebrity
|
THF Celebrity
Joined: Feb 2010
Posts: 11,658 |
If interest rates jump, real estate will take a big hit
|
|
|
Re: Inflation
[Re: GusWayne]
#8248358
04/25/21 10:41 PM
|
Joined: Feb 2008
Posts: 14,143
glens
THF Celebrity
|
THF Celebrity
Joined: Feb 2008
Posts: 14,143 |
If interest rates jump, real estate will take a big hit Hold on to your hat as it's coming.
|
|
|
Re: Inflation
[Re: jetdad]
#8248359
04/25/21 10:41 PM
|
Joined: Feb 2007
Posts: 26,548
JCB
THF Celebrity
|
THF Celebrity
Joined: Feb 2007
Posts: 26,548 |
Our Socialist leaders are trying to crash the dollar and it obvious. They have figured out they cant tax the rich man to the point that he is poor, but they can crash his dollars to the point that he is poor. At that point we undergo a reboot and everyone starts at zero with the new currency and new normal.
Study world currencies over the last 200-300 years and you will see that inflation (and war) is what led to the reboot of their societies. We already know they hate America so its not hard to figure out what is going on. They are trying to launch civil war based on race and economic war on our currency.
|
|
|
Re: Inflation
[Re: don k]
#8248360
04/25/21 10:44 PM
|
Joined: Feb 2007
Posts: 26,548
JCB
THF Celebrity
|
THF Celebrity
Joined: Feb 2007
Posts: 26,548 |
Something has got to happen. I have no idea what but it is going to happen. The wonderful guv. cannot keep spending and printing money the way is before the sh*t hits the fan. Years ago there needed to be enough gold to cover the paper money. No more. Now If you don't have the gold just print more money. Eventually the fan is going to be hit. I may or not be around the see it. But is is going to wake up a lot of folks. Yep the Gold Standard. Not even backed by silver anymore either. In fact all the money being thrown around in the last year or so aint even backed by paper money. They don't even try to print the dollars anymore because the machines cant keep up. They just print what I call "digital dollars" now.
|
|
|
Re: Inflation
[Re: bill oxner]
#8248368
04/25/21 10:54 PM
|
Joined: Aug 2012
Posts: 15,566
TexFlip
THF Celebrity
|
THF Celebrity
Joined: Aug 2012
Posts: 15,566 |
I'll take today's dollars with today's earnings. I picked cotton. And plowed mules.
Just to make sure that it is done thoroughly, I go both ways.
|
|
|
Re: Inflation
[Re: TexFlip]
#8248375
04/25/21 11:02 PM
|
Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
|
THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
I'll take today's dollars with today's earnings. I picked cotton. And plowed mules. Yep. I've been down this road before, the more things change, the more they stay the same.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
|
|
|
Re: Inflation
[Re: jetdad]
#8248376
04/25/21 11:02 PM
|
Joined: Oct 2012
Posts: 25,264
Creekrunner
THF Celebrity
|
THF Celebrity
Joined: Oct 2012
Posts: 25,264 |
As often as it's mentioned, I'd bet a fair amount that it wasn't that long...cotton-pickin' I mean. 'Also bet I got more slave blood in me.
...and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth. Gen. 1:28
|
|
|
Re: Inflation
[Re: jetdad]
#8248379
04/25/21 11:10 PM
|
Joined: Jul 2009
Posts: 9,763
Tin Head
THF Trophy Hunter
|
THF Trophy Hunter
Joined: Jul 2009
Posts: 9,763 |
I have a recurring order for pet meds every 3 months. Got my notice and the price had increased $9.00. Doesn't seem like much but it's a 32% increase when you annualize it. Everything is shooting up. I wonder what will be the first to fold? Will it be Real estate? Work from home has to have an effect on vacancy of office space. New home prices will have to build in the increased cost of materials. Will the stock market suffer a major correctio? I've seen many cycles but never one like this. So much gov't intervention. I'm baffled.
|
|
|
Re: Inflation
[Re: jetdad]
#8248382
04/25/21 11:15 PM
|
Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
|
THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
I don't get on here and make this stuff up.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
|
|
|
Re: Inflation
[Re: jetdad]
#8248401
04/25/21 11:27 PM
|
Joined: Mar 2013
Posts: 5,039
jetdad
OP
THF Trophy Hunter
|
OP
THF Trophy Hunter
Joined: Mar 2013
Posts: 5,039 |
Beautiful wife Bill. I like those Tom Jones sideburns your sporting.
I don't think our government can let interest rates climb. It would be a disaster. I don't see how they can stop feeding the beast. Think of all the leverage that is supporting investments with single digit returns. Rates climb and debt service can't be met. Defaults and bankruptcies would skyrocket.
|
|
|
Re: Inflation
[Re: jetdad]
#8248407
04/25/21 11:29 PM
|
Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
|
THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
Beautiful wife Bill. I like those Tom Jones sideburns your sporting.
I don't think our government can let interest rates climb. It would be a disaster. I don't see how they can stop feeding the beast. Think of all the leverage that is supporting investments with single digit returns. Rates climb and debt service can't be met. Defaults and bankruptcies would skyrocket. 2008????? "BY KIMBERLY AMADEO REVIEWED BY ERIC ESTEVEZ Updated October 26, 2020 On October 3, 2008, President George W. Bush signed the $700 billion Emergency Economic Stabilization Act (EESA) of 2008 after Treasury Secretary Henry Paulson asked Congress to approve a bailout to buy mortgage-backed securities that were in danger of defaulting. By doing so, Paulson wanted to take these debts off the books of the banks, hedge funds, and pension funds that held them. His goal was to renew confidence in the functioning of the global banking system and end the financial crisis.1"
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
|
|
|
Re: Inflation
[Re: jetdad]
#8248420
04/25/21 11:39 PM
|
Joined: Mar 2013
Posts: 5,039
jetdad
OP
THF Trophy Hunter
|
OP
THF Trophy Hunter
Joined: Mar 2013
Posts: 5,039 |
2008 + the BS pandemic + computer driven terrorist hacks of our financial system or power grid. Times and weapons have changed. Plus our dependence on so many others (China, Saudis) has made us incredibly vulnerable.
|
|
|
Re: Inflation
[Re: jetdad]
#8248421
04/25/21 11:39 PM
|
Joined: Jan 2007
Posts: 15,486
reeltexan
THF Celebrity
|
THF Celebrity
Joined: Jan 2007
Posts: 15,486 |
Beautiful picture Mr. Oxner. You're a blessed man.
"Give me an Army of West Point graduates and I'll win a battle... Give me a handful of Texas Aggies and I'll win a war." - General Patton
|
|
|
Re: Inflation
[Re: jetdad]
#8248431
04/25/21 11:52 PM
|
Joined: Apr 2005
Posts: 43,903
Stub
THF Celebrity
|
THF Celebrity
Joined: Apr 2005
Posts: 43,903 |
They can only artificially prop up the economy for so long with this Stimulus BS before a major correction occurs and it will be soon! Sell your stocks now
Last edited by Stub; 04/25/21 11:53 PM.
|
|
|
Re: Inflation
[Re: Stub]
#8248438
04/25/21 11:57 PM
|
Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
|
THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
They can only artificially prop up the economy for so long with this Stimulus BS before a major correction occurs and it will be soon! Sell your stocks now Free advice is generally worth what you pay for it. I have cash reserves but there is no way I'm pulling out of equities altogether. Ask Sniper John. He will not cost you an arm and a leg. You can take it too the bank.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
|
|
|
Re: Inflation
[Re: Stub]
#8248443
04/26/21 12:02 AM
|
Joined: Mar 2010
Posts: 12,163
ntxtrapper
THF Celebrity
|
THF Celebrity
Joined: Mar 2010
Posts: 12,163 |
They can only artificially prop up the economy for so long with this Stimulus BS before a major correction occurs and it will be soon! Sell your stocks now I already did before I retired and sold my city home while the real estate market was up. Just waiting for the bubble to pop now but I'm good.
|
|
|
Re: Inflation
[Re: jetdad]
#8248447
04/26/21 12:06 AM
|
Joined: Jul 2019
Posts: 14,203
Hudbone
THF Celebrity
|
THF Celebrity
Joined: Jul 2019
Posts: 14,203 |
First world problems when people concerned about rising prices on pet meds.
|
|
|
Re: Inflation
[Re: ntxtrapper]
#8248448
04/26/21 12:07 AM
|
Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
|
THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
They can only artificially prop up the economy for so long with this Stimulus BS before a major correction occurs and it will be soon! Sell your stocks now I already did before I retired and sold my city home while the real estate market was up. Just waiting for the bubble to pop now but I'm good. https://texashuntingforum.com/forum/ubbthreads.php/topics/8243064/lumber-prices#Post8243064
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
|
|
|
Re: Inflation
[Re: jetdad]
#8248477
04/26/21 01:01 AM
|
Joined: Jan 2009
Posts: 725
Sidebuster
Tracker
|
Tracker
Joined: Jan 2009
Posts: 725 |
We'll know more about the economy and markets whenever the past due mortgages and rents come due!
|
|
|
Re: Inflation
[Re: jetdad]
#8248486
04/26/21 01:19 AM
|
Joined: Mar 2013
Posts: 5,039
jetdad
OP
THF Trophy Hunter
|
OP
THF Trophy Hunter
Joined: Mar 2013
Posts: 5,039 |
The deferred rent and stays on evictions are masking a lot of problems. When those go away we'll see what the economy is really like. New projects are going to be harder to get financed due to the large increases in cost. Cost of borrowing can't get much lower. Multi-family and single family construction will probably slow down. Anytime costs go up, fewer people can qualify for loans. The longer the false market drags on the worse the downturn will be. Only my opinion.
|
|
|
Moderated by bigbob_ftw, CCBIRDDOGMAN, Chickenman, Derek, DeRico, Duck_Hunter, hetman, jeh7mmmag, JustWingem, kmon11, kry226, kwrhuntinglab, Payne, pertnear, rifleman, sig226fan (Rguns.com), Superduty, TreeBass, txcornhusker
|