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Prices Rise Sharply
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Redwingtom Offline
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Post: #41
RE: Prices Rise Sharply
(06-15-2021 04:10 PM)JMUDunk Wrote:  
(06-15-2021 11:07 AM)Redwingtom Wrote:  
(06-15-2021 10:59 AM)UofMstateU Wrote:  
(06-15-2021 09:14 AM)No2rdame Wrote:  
(06-10-2021 03:52 PM)banker Wrote:  It’s amazing the number of things you simply can’t buy. I had to go to three places in search of pool chemicals, for example. I don’t believe so many things are in short supply simply because demand is up due to COVID winding down. Something else is going on, just haven’t figured out what. The 9.3 million unfilled jobs doesn’t help and has to be a chunk of it.

And that's just what you're seeing about in the news. What you're not hearing about is how there is a shortage of medical and other supplies used for hospitals, etc. I saw someone pointing out that a major hospital has quit handing out pillows because they are running out of them. Syringes and needles are becoming scarce.

No problem, Trump will be able to fix that logistics problem just like he did the PPE and ventilator issue the democrats left him with.

oh......thats too bad....we're stuck with sippy cup Joe now. I'm sure fake Dr Jill will get right on it. Or kackling Kamala.

elections will have consequences.

I'm sure Joe will start ordering MyPillow to manufacture syringes.

Oh...you mean the ventilator issue that wasn't?

Quote:Contrary to President Donald Trump’s repeated claims that he inherited a Strategic National Stockpile with “empty” or “bare” cupboards, the federal government had more ventilators in stock than it ended up distributing amid the COVID-19 pandemic, FactCheck.org has learned.

The SNS had 16,660 ventilators “immediately available for use” when the federal government began deploying the breathing machines to states to treat critically ill COVID-19 patients in March, according to a Department of Health and Human Services spokesperson.

None of those ventilators was bought by the Trump administration, the spokesperson told us.

In a separate email to us on June 17, another HHS spokesperson said the federal government has distributed 10,640 ventilators during the pandemic.

Both HHS representatives said we could attribute their responses to an “HHS spokesperson.”

That affirms what we previously wrote in early May: that there were “likely thousands” of ventilators in the federal stockpile of emergency medicines and equipment that Trump inherited from his predecessor.
Trump Inherited More Ventilators Than Have Been Distributed

And yes, 16,660 is more than 10,640.

[Image: giphy.gif?cid=790b761166410a07661888d14a...p;amp;ct=g]

Yet, the murderer of Manhattan was demanding 40-60,000 for NYC aand NY alone.

Do you honestly think we've all simply forgotten how this whole thing went down, unfolded?

This kind of revisionista sh!t may work on the brain dead zombies gobbling on the Cumo, Tooobin channel VFNN, but not on normal people.

So, it turned out there were far better treatment regimens to keep people OFF ventilators, so what? That's good.

So? Who gives a **** what a panicked governor requested?

trump claimed the cupboard was bare of ventilators.
We know it wasn't.

Next.
Yesterday 06:54 AM
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green Offline
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Post: #42
RE: Prices Rise Sharply
(Yesterday 06:51 AM)Redwingtom Wrote:  
(06-15-2021 07:56 PM)200yrs2late Wrote:  
(06-15-2021 10:53 AM)Redwingtom Wrote:  
Quote:(Bloomberg) -- Lumber futures posted their biggest-ever weekly loss, extending a tumble from all-time highs reached last month as sawmills ramp up output and buyers hold off on purchases.

Prices in Chicago fell 18% this week, the biggest decline for most-active futures in records going back to 1986. Lumber has has now dropped almost 40% from the record high reached on May 10.

Sawmills appear to be catching up with the rampant homebuilding demand in North America that fueled a months-long rally, bringing some relief to a market beset by supply shortages and price surges
Lumber Prices Post Biggest–Ever Weekly Drop With Buyers Balking
I'm worried what is being missed is inflation causing people to think twice about that new house or keeping people ready to switch from renting to owning from pulling the trigger. By this time next year interest rates will have to climb into the 5-6% mark for most buyers, putting ownership out of reach for many.

$50k worth of dimensional lumber framed about 10 1800 Sq ft houses last year this time. It frames 2 1/2 now. Panels are still through the roof and won't be coming down anytime soon due to the resin component. Tubs, shower pans, wire, shingles, and concrete are all rising. Trades are desperately short on labor and construction times are increasing as a result.

I'm stoked lumber prices are falling, maybe I can quit writing $300k checks to the lumber yard every month. I'm not holding my breath on seeing prices return to a reasonable level, even $500-600 per thousand, anytime soon.

Sent from my SM-A516U using Tapatalk

We need to wait to see what the fed does. I believe that is supposed to happen shortly...maybe even today.

They've not really done anything yet as economists are still trying to determine what is just covid recovery effects (read short term anomalies) and what is not.

RWT say relax.



https://twitter.com/IdeaGov/status/1404938853912256513

OH WE’RE FINE
Yesterday 07:38 AM
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MonarchManiac Offline
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Post: #43
RE: Prices Rise Sharply
(Yesterday 06:51 AM)Redwingtom Wrote:  
(06-15-2021 07:56 PM)200yrs2late Wrote:  
(06-15-2021 10:53 AM)Redwingtom Wrote:  
Quote:(Bloomberg) -- Lumber futures posted their biggest-ever weekly loss, extending a tumble from all-time highs reached last month as sawmills ramp up output and buyers hold off on purchases.

Prices in Chicago fell 18% this week, the biggest decline for most-active futures in records going back to 1986. Lumber has has now dropped almost 40% from the record high reached on May 10.

Sawmills appear to be catching up with the rampant homebuilding demand in North America that fueled a months-long rally, bringing some relief to a market beset by supply shortages and price surges
Lumber Prices Post Biggest–Ever Weekly Drop With Buyers Balking
I'm worried what is being missed is inflation causing people to think twice about that new house or keeping people ready to switch from renting to owning from pulling the trigger. By this time next year interest rates will have to climb into the 5-6% mark for most buyers, putting ownership out of reach for many.

$50k worth of dimensional lumber framed about 10 1800 Sq ft houses last year this time. It frames 2 1/2 now. Panels are still through the roof and won't be coming down anytime soon due to the resin component. Tubs, shower pans, wire, shingles, and concrete are all rising. Trades are desperately short on labor and construction times are increasing as a result.

I'm stoked lumber prices are falling, maybe I can quit writing $300k checks to the lumber yard every month. I'm not holding my breath on seeing prices return to a reasonable level, even $500-600 per thousand, anytime soon.

Sent from my SM-A516U using Tapatalk

We need to wait to see what the fed does. I believe that is supposed to happen shortly...maybe even today.

They've not really done anything yet as economists are still trying to determine what is just covid recovery effects (read short term anomalies) and what is not.

RWT say relax.

Be honest. Would you say the same thing were it DJT in the office and not Joe?
Yesterday 08:32 AM
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Eldonabe Offline
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Post: #44
RE: Prices Rise Sharply
(Yesterday 08:32 AM)MonarchManiac Wrote:  
(Yesterday 06:51 AM)Redwingtom Wrote:  We need to wait to see what the fed does. I believe that is supposed to happen shortly...maybe even today.

They've not really done anything yet as economists are still trying to determine what is just covid recovery effects (read short term anomalies) and what is not.

RWT say relax.

Be honest. Would you say the same thing were it DJT in the office and not Joe?

You ask an honest question - you will not receive an honest answer.
Yesterday 08:38 AM
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stinkfist Online
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Post: #45
RE: Prices Rise Sharply
(Yesterday 08:38 AM)Eldonabe Wrote:  
(Yesterday 08:32 AM)MonarchManiac Wrote:  
(Yesterday 06:51 AM)Redwingtom Wrote:  We need to wait to see what the fed does. I believe that is supposed to happen shortly...maybe even today.

They've not really done anything yet as economists are still trying to determine what is just covid recovery effects (read short term anomalies) and what is not.

RWT say relax.

Be honest. Would you say the same thing were it DJT in the office and not Joe?

You ask an honest question - you will not receive an honest answer.

THAT’S A FACT, JACK!

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Yesterday 08:45 AM
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VA49er Offline
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Post: #46
RE: Prices Rise Sharply
IMO, yes there is some short term anomoly creating the current inflation. I do think that prices will decrease but the final resting place will be higher than original prices so, in essense, that will be the long term inflation. Now, I'm no economist, but that is what my gut is telling me.
Yesterday 09:04 AM
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Redwingtom Offline
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Post: #47
RE: Prices Rise Sharply
(Yesterday 09:04 AM)VA49er Wrote:  IMO, yes there is some short term anomoly creating the current inflation. I do think that prices will decrease but the final resting place will be higher than original prices so, in essense, that will be the long term inflation. Now, I'm no economist, but that is what my gut is telling me.

Inflation (modest) isn't always a bad thing. Many are predicting that things will stabilize in a few months.
Yesterday 09:07 AM
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VA49er Offline
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Post: #48
RE: Prices Rise Sharply
(Yesterday 09:07 AM)Redwingtom Wrote:  
(Yesterday 09:04 AM)VA49er Wrote:  IMO, yes there is some short term anomoly creating the current inflation. I do think that prices will decrease but the final resting place will be higher than original prices so, in essense, that will be the long term inflation. Now, I'm no economist, but that is what my gut is telling me.

Inflation (modest) isn't always a bad thing. Many are predicting that things will stabilize in a few months.

The banks and the gov are differing on that thought. There is a reason banks are hoarding cash right now. They are hopeing to invest in futre higher interest rates.
Yesterday 09:16 AM
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Bill83 Offline
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Post: #49
RE: Prices Rise Sharply
(Yesterday 09:04 AM)VA49er Wrote:  IMO, yes there is some short term anomoly creating the current inflation. I do think that prices will decrease but the final resting place will be higher than original prices so, in essense, that will be the long term inflation. Now, I'm no economist, but that is what my gut is telling me.

First, if DJT were still president you couldn'yt stop nancy and Chuck from braying inflation 24/7/365.

While there is inflation, the number's are skewed high, they need to be comparing YTD 2019 to YTD 2021.

I will say, I work in a manufacturing and the outlook I'm told is supply chain won't catch until this time next year. Dear FED, That is not "short term"!!!
(This post was last modified: Yesterday 04:16 PM by Bill83.)
Yesterday 04:16 PM
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stinkfist Online
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Post: #50
RE: Prices Rise Sharply
(Yesterday 04:16 PM)Bill83 Wrote:  
(Yesterday 09:04 AM)VA49er Wrote:  IMO, yes there is some short term anomoly creating the current inflation. I do think that prices will decrease but the final resting place will be higher than original prices so, in essense, that will be the long term inflation. Now, I'm no economist, but that is what my gut is telling me.

First, if DJT were still president you couldn'yt stop nancy and Chuck from braying inflation 24/7/365.

While there is inflation, the number's are skewed high, they need to be comparing YTD 2019 to YTD 2021.

I will say, I work in a manufacturing and the outlook I'm told is supply chain won't catch until this time next year. Dear FED, That is not "short term"!!!

if you’re mfg, your supply + distribution is beyond fuxxored at this point…

@gfl #gonnaneedit
Yesterday 04:23 PM
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Bill83 Offline
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Post: #51
RE: Prices Rise Sharply
(Yesterday 04:23 PM)stinkfist Wrote:  
(Yesterday 04:16 PM)Bill83 Wrote:  
(Yesterday 09:04 AM)VA49er Wrote:  IMO, yes there is some short term anomoly creating the current inflation. I do think that prices will decrease but the final resting place will be higher than original prices so, in essense, that will be the long term inflation. Now, I'm no economist, but that is what my gut is telling me.

First, if DJT were still president you couldn'yt stop nancy and Chuck from braying inflation 24/7/365.

While there is inflation, the number's are skewed high, they need to be comparing YTD 2019 to YTD 2021.

I will say, I work in a manufacturing and the outlook I'm told is supply chain won't catch until this time next year. Dear FED, That is not "short term"!!!

if you’re mfg, your supply + distribution is beyond fuxxored at this point…

@gfl #gonnaneedit

not to mention all the materials "stuck at the docks", I wonder if Hunter is a BA for the longshoreman payroll as well.
Yesterday 04:30 PM
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stinkfist Online
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Post: #52
RE: Prices Rise Sharply
(Yesterday 04:30 PM)Bill83 Wrote:  
(Yesterday 04:23 PM)stinkfist Wrote:  
(Yesterday 04:16 PM)Bill83 Wrote:  
(Yesterday 09:04 AM)VA49er Wrote:  IMO, yes there is some short term anomoly creating the current inflation. I do think that prices will decrease but the final resting place will be higher than original prices so, in essense, that will be the long term inflation. Now, I'm no economist, but that is what my gut is telling me.

First, if DJT were still president you couldn'yt stop nancy and Chuck from braying inflation 24/7/365.

While there is inflation, the number's are skewed high, they need to be comparing YTD 2019 to YTD 2021.

I will say, I work in a manufacturing and the outlook I'm told is supply chain won't catch until this time next year. Dear FED, That is not "short term"!!!

if you’re mfg, your supply + distribution is beyond fuxxored at this point…

@gfl #gonnaneedit

not to mention all the materials "stuck at the docks", I wonder if Hunter is a BA for the longshoreman payroll as well.

I’m no longer in that ‘world’, but easily remember gina’s overbuilding empty cities and impact on design with cheap arse steel…it became intolerable where I finally told corpshite fkbags to fk the fk off…now I LLC and fk the rest of ‘em…

I really do pine for you guys…

BETTER DAYS BETTER LAYS
Yesterday 04:37 PM
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