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Inflation?

Discussion in 'GatorNana's Too Hot for Swamp Gas' started by philnotfil, May 12, 2021.

  1. gatorpa

    gatorpa GC Hall of Fame

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    Demand actually went up like mad, all that cheap money
     
  2. tampagtr

    tampagtr VIP Member

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    There is no doubt there are various areas and products with abrupt spikes, for a variety of reasons, some due to supply disruptions, etc. That is one species of problems. The question is whether there is larger economy wide inflationary pressure
     
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  3. gatorpa

    gatorpa GC Hall of Fame

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    For the record I agree 100%, Which is rare between us.
    For all the reasons you list prices are up.

    The big question is will it be a slow return to balance or will we crash hard.
     
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  4. tarponbro

    tarponbro GC Legend

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    Is there any correlation between the fact that both cardboard and lumber comes from trees? Are those prices increases mainly related to supply and demand?
     
  5. Agator88

    Agator88 GC Legend

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    Sure, I'm only speaking on the issues I see that directly affect my day to day. I don't mind admitting, I don't know how it shakes out overall.

    If I had to speculate, larger retails stores like Wal Mart will have to increase at some point due to the cost of importing. It affects me, much differently than it does Wal Mart, but they can't be completely immune to it.
     
  6. docspor

    docspor GC Hall of Fame

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    Didn't read Larry Summers, but this guy seems to focus only on cost push inflation, hence, his tighter definition. I suspect Summers is viewing inflation from a broader perspective. IMO, this makes Baker's arg a partial retort.
     
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  7. Agator88

    Agator88 GC Legend

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    I expect the lumber prices to come back to "normal" at some point, but im not so sure about the cost to import.
     
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  8. tampagtr

    tampagtr VIP Member

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    Thanks, and appreciate the direct info. There is no doubt that Covid will have economic effects that are permanent, some of which seem wholly unrelated. Again, appreciate the direct info
     
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  9. gatorpa

    gatorpa GC Hall of Fame

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    I read an article a few weeks back discussing the lumber issues it isn't just demand right now.
    The article discussed the shutting down of mills in Canada years ago due to less demand and some pressure from enviro groups. That primed the pump for a shortage. The housing boom just threw gas on the fire.
     
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  10. VAg8r1

    VAg8r1 GC Hall of Fame

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    Speaking of Canadian lumber and going back over three years maybe the decision of a certain former president played a role.
    How Trump’s Lumber Tariffs May Have Helped Increase Home Prices (Published 2018)
     
  11. gatorpa

    gatorpa GC Hall of Fame

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  12. defensewinschampionships

    defensewinschampionships GC Hall of Fame

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    Seems like grocery costs are rising rapidly.
     
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  13. gatorpa

    gatorpa GC Hall of Fame

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    Meat has been up for 18 months.
     
  14. homer

    homer GC Hall of Fame

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    This made me lol.
     
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  15. gatorpa

    gatorpa GC Hall of Fame

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    I was wondering if any would take it that way.....
     
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  16. defensewinschampionships

    defensewinschampionships GC Hall of Fame

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    Might need to consult a doctor . . .
     
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