Inflation and shortages!

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Wolframore

Joined Jan 21, 2019
2,619
Your home insurance doubled because the value of your home doubled and there isn't any labor available to rebuild it if it burns down so insurance companies have to pay what they have to pay for labor to get you out of a hotel and back into your home.
Are you saying there's inflation?:eek:
 

MrSalts

Joined Apr 2, 2020
2,767
Are you saying there's inflation?:eek:
Well, you seemed surprised that homeowners insurance prices increased. Lots of people are wondering why it's going up when they haven't had a claim. You're paying for future risk that the insurance company is taking, not past risk.
 

Wolframore

Joined Jan 21, 2019
2,619
This is from BLS.gov..

upside down,

compensation up
output up
productivity down
labor cost up

REAL compensation down

that would indicate inflation and miserable times for most folks.

1662084428477.png
 

strantor

Joined Oct 3, 2010
6,875
I got a raise last month. After 4 years, they finally gave me the amount I first asked for in pre-employment negotiations. It was an 8% raise. Not only is it not as much as it would have been 4 years ago, it's less than I was making last year.
 

DickCappels

Joined Aug 21, 2008
10,661
You don't have to miss spaghetti! Ii you buy dry spaghetti you can store it for years. Or better yet, buy a few pounds of all purpose flour and you can make more noodles that you care to eat!
 

MrSalts

Joined Apr 2, 2020
2,767
You don't have to miss spaghetti! Ii you buy dry spaghetti you can store it for years. Or better yet, buy a few pounds of all purpose flour and you can make more noodles that you care to eat!
But you need eggs. The bird flu caused millions of chickens to be destroyed across the Midwest.
 

DickCappels

Joined Aug 21, 2008
10,661
Most dry noodles are not made with eggs. I pay close attention to package labeling since I am vegetarian. Spaghetti and many other kinds of noodles are little more than flour and water plus a little elbow grease. Yes, you can buy semolina flour in consumer size packages.
 

Wolframore

Joined Jan 21, 2019
2,619
You don't have to miss spaghetti! Ii you buy dry spaghetti you can store it for years. Or better yet, buy a few pounds of all purpose flour and you can make more noodles that you care to eat!
Can’t eat pasta without tomato sauce. Can’t have burgers either and I believe it’s an ingredient in BBQ sauce.
 

MrSalts

Joined Apr 2, 2020
2,767
Most dry noodles are not made with eggs. I pay close attention to package labeling since I am vegetarian. Spaghetti and many other kinds of noodles are little more than flour and water plus a little elbow grease. Yes, you can buy semolina flour in consumer size packages.
Oh, I thought you were talking about pasta. Yes, edible cardboard can be made with just flour and water. I think you can add salt and use the flour/water mixture as a cheap clay for school art projects. If you want pasta, then you should use eggs.
 

DickCappels

Joined Aug 21, 2008
10,661
Tomato sauce is not scarce in S.E. Asia but I have been making "Italian flavored sauce" for many years using tomato paste and readily available spices. You might want to stock up on those too. Canned tomato paste and sauces are usually good for years.

I fell into the habit of buying tomato paste instead of tomato sauce because for years I only had a small motorbike that I could take grocery shopping and tomato paste was a better use than sauce of the volume in the front basket on the bike.

As one politician might put it "The thing is..." whatever you don't to run out of, buy extras now and put them away, When you go grocery shopping buy two instead of one, but hurry...the prices are going up!!

@MrSalts wrote:
Oh, I thought you were talking about pasta. Yes, edible cardboard can be made with just flour and water. I think you can add salt and use the flour/water mixture as a cheap clay for school art projects. If you want pasta, then you should use eggs.

I am not going to try and belittle you for your diet/moral choices, I would have through it is beneath you to do the same to others. But now I know.
.
 

MrSalts

Joined Apr 2, 2020
2,767
Tomato sauce is not scarce in S.E. Asia but I have been making "Italian flavored sauce" for many years using tomato paste and readily available spices. You might want to stock up on those too. Canned tomato paste and sauces are usually good for years.

As one politician might put it "The thing is..." whatever you don't to run out of, buy extras now and put them away, When you go grocery shopping buy two instead of one, but hurry...the prices are going up!!
Yes, double demand for the stuff that is not in short supply and create fake shortages. Then farmers, factories and importers will bring more in and soon, you'll have a glut of items that were in false shortage with millions of dollars tied up in inventory and companies going bankrupt because their cash flow isn't tied up in inventory that they paid too much for and eventually have to off-load it for pennies on the dollar.
 

DickCappels

Joined Aug 21, 2008
10,661
Yes, double demand for the stuff that is not in short supply and create fake shortages. Then farmers, factories and importers will bring more in and soon, you'll have a glut of items that were in false shortage with millions of dollars tied up in inventory and companies going bankrupt because their cash flow isn't tied up in inventory that they paid too much for and eventually have to off-load it for pennies on the dollar.
Are you here to constructively participate in a discussion or are you here to irritate others for your own satisfaction? You are boring me.
 
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