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Prices.... Going Up!!!

Our kitchen GE water filters price history:
2021 - $13
2022 - $28
2023 - $46
2024 - $51
Today - $81
In line, under sink water filters are relatively easy to install, with replacement filters being much cheaper than the proprietary, in the fridge filters.
 
True to an extent, but it does take time (years in some cases) to build plants, educate a work force, and obtain gov't support which depends upon the will of the powers to be.

This is wherein the "Elephant" I alluded to, is able to gain the upper hand in facilitating certain enterprises.

Then one has to take into account labour costs, shipping and access to natural resources, which these cases can give a huge advantage compared to other competitors.

Q
Wages are going up regardless aging populations will make some countries that’s always been cheap labor more expensive ! The United States and Mexico have good demographics ( replacement workers ) Chinas aging out as well as Japan and Korea . This can cause real issues for trade ! The good news that North America has enough resources that it will bounce back as long as we work together ! Canada has an aging population as well but plenty of resources !
 
Just in from Mouser:

"Dear Valued Customer,

The U.S. Trade Representative (USTR) recently announced plans to increase Section 301 tariff rates on certain products from China.

Since July 2018, the USTR has imposed a 25% tariff on specific China-related products imported into the United States under Section 301 of the Tariff Act of 1930. On January 1, 2025, select semiconductor products will have their tariffs increased from 25% to 50%. All other products with HTS codes already subject to tariff charges will remain unchanged.

While we have done our best to avoid passing tariff charges on your previous purchases, we will need to charge a percentage of the imposed tariffs on some of the products shipped within the United States and US territories. Please note that we are only charging a portion of the fees incurred by Mouser to ensure these products remain in stock and ready to ship to you on demand.

Please visit the Section 301 Tariff Updates page on our website for additional details and the latest information on this developing situation.

Thank you,
Mouser Electronics"
 
Hmm...

 
Normalcy Bias--
It only takes about ten years for people to start assuming the conditions of Present are normal--even though they are wildly different from the past.
 
Prices for most things go up all the time. That's why you (and industry) buy today instead of waiting. That keeps the money moving.

I can't recall any time during my life when prices were stable or moving downward for 10 years.
 
Prices for most things go up all the time. That's why you (and industry) buy today instead of waiting. That keeps the money moving.

I can't recall any time during my life when prices were stable or moving downward for 10 years.
Not since the introduction of the FED.

Quote
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises.
End Quote

The stated goal of the FED is to maintain inflation at 2%—not zero. In a technological production system, prices should always go down due to productivity gains.
 
Not since the introduction of the FED.

Quote
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises.
End Quote

The stated goal of the FED is to maintain inflation at 2%—not zero. In a technological production system, prices should always go down due to productivity gains.
Yes and that is reserved for private study or it will slide into the political of bickering. I like the comparative of prices the thread produces. Saw gas yesterday at 3.65 per gallon, Nampa, Idaho, Boise, along I-84, the speed limit is posted 80 mph. One can cruise 85 and not get attention. Trucks are 70.
 
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