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Prices.... Going Up!!!

March 10th 2022 is overnight.

Edit: hell I do a lot of prototyping of new tech with the Navy, even for them 8 yrs is not overnight and they are slow as S$!t…

Sigh. Metaphor. Ex: I remember it like it was yesterday. The point being made is that 2030 or 2035 is fast approaching.
 
No matter how far we commute or drive, fuel increases make everything go up which is a double wammy as they were going up faster than anytime the last 40 years before this.
 
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I'm not excited about indulging less of anything.
But the less I use, the more will be left for the next guy that has to have it. So, guess I'll want only what I need for a while.

Thing is, the local owned gas station that sells generic gas also sells local milk for 1.99 a gallon every Wednesday till its gone. Usually last till about Sunday. Across the street at the big grocery store, it's 5$.
 
To be honest if Americans eat a little less the healthier we will become. NOT starving less but just a little bit less. *Looking at my um...reserves*:D

Limiting the caloric intake of all Americans just enough to make them healthier while avoiding any malnutrition would require a level of precision that no centrally planned economy has ever managed to achieve for long.
 
Limiting the caloric intake of all Americans
Maybe not all but probably 80%. It still amazes me watching how much others eat in one seating :yikes:… “I have to eat that much or I am starving” says the 5’9” 250lbs guy. “Dude I am 6’3” and 230lbs and I eat a 1/4 of what you do and I am way more active”

Paraphrased actual conversation at dinner with co-workers.
 
Prices have been going up since I was born.. 1963.. and I'm sure before then..
You just do what you have to.. spend on things you absolutely need, save for things you want(or go without)..
Work a couple more hours a day, find a part time job(close or at home to save on fuel and maintenance)..
and barter, goods or services.. almost everyone has something someone else needs or wants..
Things will even out again, it'll just be a different 'even'..
 
4,50 per liter ??!!?? Yikes, that makes today's cost relatively cheap.
It should be per gallon...
This weeks price is euro 95 +- € 1,9 per liter and diesel €1,8 per liter, next week forecast is + € 0,12 on gasoline and + 0,14 on diesel, it is now certain that the petrol industries are increasing their profits as the price they are paying for the crude is the +- the same, also the government is having a huge profit on the 23% Vat tax with these price increases, they now (March) give you a €20 per month return not linked to the liters you buy, next month is not yet ruled, I won t make more comments on this as I would not be politically correct and I don t want to bother the moderators!
 
So prices are not going down?

As I pointed out above, in posts 563 and 582, PRICES ARE DECLINING among stock exchanges worldwide, not merely n USA, but EU Zone and Asia - most significantly China.

The decline among USA indeces and particular stocks is outlined in post 563. Here, below, let's have a look at the action among the 11 largest (per market cap) concerns in Communist China:

upload_2022-3-11_9-36-18.jpeg

Note: All of these represent ADRs -- i.e., American Depositary Receipts -- of US investment in Communist China emterprises.

In this scenario, everyone is losing.
 
Realized the other day how crazy the housing market is locally. Sorta knew the prices were higher and supply low. One of my sons is looking for a new home. We have been a witness to their searching and results. High prices and bidding wars on anything they wanted.....

We tried to talk them into waiting this out.
Didn't stick....

Waiting to hear if this latest attempt will be successful.
 
I'm in the "pay what it truly costs" group.
For any commodity, I want to know the true cost and then I'll determine if it's worth my $$.
I don't like this pattern of hidden costs, deferred costs that future generations will pay dearly for.
Lets face it, 90% of humanity survives simply by burning, mining and killing everything in sight.
So, $8 gas - bring it on. $30 steaks, sure I'll take that. I've love to see a true reckoning.
EDIT: It occurs to me that as I read automotive mags, it's been often stated that low gas prices have directly affected large truck\SUV sales in the US, I remember reading about this on and off for decades.
Since we've had cheap fuel for so many years (I predicted doom-prices on gas a decade ago, and I was wrong) there's a huge number of people still getting below 20mpg and these gas prices might make them reconsider the large vehicles.
SIDE NOTE WHINE: On the topic of those tall trucks\SUV's - I drive a small car and I'm sick and tired of the super-white, super-bright LED lights from those tall vehicles burning my retina's into a small puff of ash!! Stop this madness!!! Those lights are right at eye level, good god almighty.
 
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I'm in the "pay what it truly costs" group.
For any commodity, I want to know the true cost and then I'll determine if it's worth my $$.
I don't like this pattern of hidden costs, deferred costs that future generations will pay dearly for.
Lets face it, 90% of humanity survives simply by burning, mining and killing everything in sight.
So, $8 gas - bring it on. $30 steaks, sure I'll take that. I've love to see a true reckoning.
Humans are pretty efficient parasites :)
 
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