Talk Irvine

General => Economy & Finance => Topic started by: morekaos on May 28, 2021, 10:34:19 AM

Title: INFLATION IS OUR FRIEND
Post by: morekaos on May 28, 2021, 10:34:19 AM
Cycles are cycles are cycles....

Faster than expected inflation ‘is actually a good sign,’ White House official says

On Thursday, President Joe Biden traveled to Ohio to make the case that the economy is headed in the right direction. “We’ve turned the tide,” he told the crowd in Cleveland.
Shortly afterward, during an appearance on Yahoo Finance Live, one of his top economic advisers acknowledged that in areas like inflation and in the labor market, “there's going to be some bumps in the road” as the economy continues to right itself following the pandemic.

However, National Economic Council Deputy Director Bharat Ramamurti also told Yahoo Finance that the recent inflation jump is actually a positive sign. “The faster than expected increase in some of those prices is actually a good sign in the sense that it's a sign that the economy is recovering faster than a lot of people expected,” he said.

https://www.msn.com/en-us/money/markets/faster-than-expected-inflation-is-actually-a-good-sign-white-house-official-says/ar-AAKunfm?ocid=BingNewsSearch (https://www.msn.com/en-us/money/markets/faster-than-expected-inflation-is-actually-a-good-sign-white-house-official-says/ar-AAKunfm?ocid=BingNewsSearch)

Dan Akroyd pretending to be President Jimmy Carter on Saturday Night Live and 45 years ahead of his time:

“President Jimmy Carter: Good evening. On Tuesday, we Americans will have the opportunity to exercise our role as citizens in a free democracy. Yet, only a third of the eligible voters will actually cast ballots. The other two-thirds are, in a sense, very lucky. Because they do not know what’s going on.

“Last week, I delivered a message on inflation. Since then, the dollar has dropped in value, the stock market has sustained record losses, and the whole Dow price index increased 0.9%. In other words, our economic system is screwed, blued and tatooed! We just have to face the fact that there is simply no way to fight inflation in a capitally-intensive, highly-technological, conflict-riddled, anything-for-a-thrill world of today. That’s why, tonight, I want you to try to look at inflation in an entirely new way: Inflation is our friend.

“For example, consider this: in the year 2000, if current trends continue, the average blue-collar annual wage in this country will be $568,000. Think what this inflated world of the future will mean – most Americans will be millionaires. Everyone will feel like a bigshot. Wouldn’t you like to own a $4,000 suit, and smoke a $75 cigar, drive a $600,000 car? I know I would! But what about people on fixed incomes? They have always been the true victims of inflation. That’s why I will present to Congress the ‘Inflation Maintenance Program’, whereby the U.S. Treasury will make up any inflation-caused losses to direct tax rebates to the public in cash. Then you may say, ‘Won’t that cost a lot of money? Won’t that increase the deficit?’ Sure it will! But so what? We’ll just print more money! We have the papers, we have the mints. I can just call up the Bureau of Engraving and say, ‘Hi! This is Jimmy. Roll out some of them twenties! Print up a couple thousand sheets of those Century Notes!’ Sure, all these dollars will cause even more inflation, but who cares? Everyone will be a millionaire!

“In my speech last week, I said that America would have to undergo an austerity program, but since this revolutionary new approach welcomes inflation, our economy will be free to grow, and we can spend, spend, spend! I believe the watchwords for the ’80s should be ‘Let’s Party!’

https://www.nbc.com/saturday-night-live/video/jimmy-carter-on-inflation-cold-open/3007609 (https://www.nbc.com/saturday-night-live/video/jimmy-carter-on-inflation-cold-open/3007609)
Title: Re: INFLATION IS OUR FRIEND
Post by: daedalus on May 28, 2021, 01:25:31 PM
The Fed has declared any undesirable inflation (that which is above the normal yet undefined desired inflation) to be transitory.  Or, to paraphrase, "It’s going to disappear. One day — it’s like a miracle — it will disappear.”
Title: Re: INFLATION IS OUR FRIEND
Post by: nosuchreality on May 28, 2021, 01:32:57 PM
It's okay, those aren't the droids either.
Title: Re: INFLATION IS OUR FRIEND
Post by: Soylent Green Is People on May 28, 2021, 05:18:44 PM
This idea that all of this will go away reminds me of this:




Inflation is the Keyser Sose of economic theory.
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on June 10, 2021, 07:54:57 AM
This is good...right?

'Biden's inflation crisis is here': Inflation jumps to 5% through April in the quickest rise since the Great Recession as Republicans blame soaring prices on massive Democrat stimulus programs
Overall consumer prices rose 0.6% in May, totaling 5% over the prior 12 months
It is the fastest rise in inflation since August 2008 during the Great Recession
Core inflation, excluding food and energy, was up 3.8% in fastest increase since 1992
Republicans blame freewheeling Fed monetary policy and Democrats' massive federal spending

https://www.dailymail.co.uk/news/article-9672595/Inflation-jumps-5-April-quickest-rise-2008.html (https://www.dailymail.co.uk/news/article-9672595/Inflation-jumps-5-April-quickest-rise-2008.html)
Title: Re: INFLATION IS OUR FRIEND
Post by: daedalus on June 10, 2021, 06:11:24 PM
It's not yet widely accepted but everywhere I look I see inflation.  We have asterisked unfavorable economic measures with a COVID caveat, but I think the inflation will remain long after COVID is no longer a front page news item, and income disparity will get worse.  Not the stuff of healthy and stable societies.

Lumber is the product du jour for many discussions about inflation.  It's seriously messed up, for anyone who hasn't yet heard. For a more specific look, OSB is a great example, which is commonly used for sheathing houses; i.e., a lot of it is needed to build a house.   2 years ago a 4x8 sheet was about $10, give or take.  Today you can expect to pay about $70 for that same sheet.  2x4 lumber, or "sticks", are even more ubiquitous in home building. What used to cost about $3 is now about $12.  I read that a recent study shows that the cost of lumber today is adding $38000 to the average price of building a home, which I think is complete BS.  That would suggest it used to cost under $10000 for the lumber in a home.  No way has that been the case in a very long time.

The common wisdom I read in online comments is people who can afford to wait are doing so, and holding off on completing optional projects.  Sheds, porches, add-ons, etc...folks are waiting to pay $3 for that 2x4 before they will commit to the project.  I'm afraid that if they stick to their guns, the projects will never get done.  We might not see $12 sticks forever, but I don't think we'll see $3 prices again in the next 2 years and, depending on other inflationary winds, maybe never again.
Title: Re: INFLATION IS OUR FRIEND
Post by: Ready2Downsize on June 12, 2021, 10:45:26 AM
This is good...right?

'Biden's inflation crisis is here': Inflation jumps to 5% through April in the quickest rise since the Great Recession as Republicans blame soaring prices on massive Democrat stimulus programs
Overall consumer prices rose 0.6% in May, totaling 5% over the prior 12 months
It is the fastest rise in inflation since August 2008 during the Great Recession
Core inflation, excluding food and energy, was up 3.8% in fastest increase since 1992
Republicans blame freewheeling Fed monetary policy and Democrats' massive federal spending

https://www.dailymail.co.uk/news/article-9672595/Inflation-jumps-5-April-quickest-rise-2008.html (https://www.dailymail.co.uk/news/article-9672595/Inflation-jumps-5-April-quickest-rise-2008.html)

I doubt one person here remembers the days of inflation. I must be older than most everyone and I was young enough (parents bought food, lived at home to go to college etc) to only know the tail end when I couldn't buy a house cuz prices had gone up so much and interest rates ended up being sky high to fight it.

I know it's going to hurt the lower income people the worst by far and no amount of hey ma, look at min. wage is going to help.

Title: Re: INFLATION IS OUR FRIEND
Post by: nosuchreality on June 12, 2021, 11:40:20 AM
This is good...right?

'Biden's inflation crisis is here': Inflation jumps to 5% through April in the quickest rise since the Great Recession as Republicans blame soaring prices on massive Democrat stimulus programs
Overall consumer prices rose 0.6% in May, totaling 5% over the prior 12 months
It is the fastest rise in inflation since August 2008 during the Great Recession
Core inflation, excluding food and energy, was up 3.8% in fastest increase since 1992
Republicans blame freewheeling Fed monetary policy and Democrats' massive federal spending

https://www.dailymail.co.uk/news/article-9672595/Inflation-jumps-5-April-quickest-rise-2008.html (https://www.dailymail.co.uk/news/article-9672595/Inflation-jumps-5-April-quickest-rise-2008.html)

I doubt one person here remembers the days of inflation. I must be older than most everyone and I was young enough (parents bought food, lived at home to go to college etc) to only know the tail end when I couldn't buy a house cuz prices had gone up so much and interest rates ended up being sky high to fight it.

I know it's going to hurt the lower income people the worst by far and no amount of hey ma, look at min. wage is going to help.



I'm same age-ish, I remember talking to my credit union about a used car loan when I was working through college, the rate for a 2 year loan would have been 18%.  I remember my short term CDs 3 month and 6 month were paying double digits.

I remember the family dinner talk during the Oil Embargo, concerns Dad's union would strike, and the rising price talk leading up to Reagan's election
Title: Re: INFLATION IS OUR FRIEND
Post by: daedalus on June 12, 2021, 02:40:51 PM
I was a kid but I remember it.  I asked my mother what the word meant because it was mentioned so much.   I remember the angst the word brought.  I remember numismatics, gold and silver were in vogue.  My father dragged me to coin shows to look for rarities.  And to the beach with his metal detector to do the same there.  He did find some interesting things.  Eventually the city would start combing the sand nightly with a large zamboni-like beach cleaner and the treasures were no more.

Maybe it's time to stock up on toilet paper again, to avoid the annual 5% price hikes that are coming.  Or maybe globalization will come to our rescue.
Title: Re: INFLATION IS OUR FRIEND
Post by: woodburyowner on June 12, 2021, 06:22:38 PM
I think we are definitely not in a "transitory" inflationary period.  Once people think inflation is here, prices rise all over the place and the price will never go back down.  My house cleaner just upped her rate by 22% and said he is asking all her customers to pay more.  I am now increasing all my tenant's rent during renewal 5-7% (previous 5 years I only did 2-3%).  I was able to raise my rent 9% on a recent vacancy.  My actual cost has not gone up these percentages, but since everyone is talking inflation it seems like people are more understanding/willing to pay a higher rent.
Title: Re: INFLATION IS OUR FRIEND
Post by: Ready2Downsize on June 13, 2021, 04:36:06 PM
I was a kid but I remember it.  I asked my mother what the word meant because it was mentioned so much.   I remember the angst the word brought.  I remember numismatics, gold and silver were in vogue.  My father dragged me to coin shows to look for rarities.  And to the beach with his metal detector to do the same there.  He did find some interesting things.  Eventually the city would start combing the sand nightly with a large zamboni-like beach cleaner and the treasures were no more.

Maybe it's time to stock up on toilet paper again, to avoid the annual 5% price hikes that are coming.  Or maybe globalization will come to our rescue.

If you need diapers, time to buy some extras. When I have too many extra bucks at cvs I sometimes buy diapers (I sell some baby gifts that use diapers in them, so I can always use some but not as many as I got trying to burn my bucks when the lockdown started). I sometimes sell the extras on offer up and my price used to be a little higher than could be had on amazon........ not any more. Not sure if pg/kimberly clark has already raised what they are going to for the year but if not, sticker shock is coming in a few months.
Title: Re: INFLATION IS OUR FRIEND
Post by: sleepy5136 on June 22, 2021, 07:11:02 PM
Maybe I’m the only one that believes in the fed here. Inflation is definitely here but I don’t see it impacting people to the degree that some people think it will.

It’s unsurprising prices are going up now since factories are not able to keep up with the demand. This goes for produce, travel, lumbar, etc. Once you lock up an economy and everyone is stuck at home, everyone will want to go out. So yes, there will be an initial shock to the system which is currently happening in front of us but eventually people will have traveled, production will get back to “normal” and be able to meet the demand of the consumers.

I mean how many times can one travel a year? How many fruits/meat can one eat in a household? Lumbar is dropping dramatically as well. I think inflationary concerns will be ongoing until after a couple months after the eviction and forbearance moratorium ends.

This isn’t to say that prices will go down. It’s to explain that prices will go up but will stabilize once things are back to normal.
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on July 15, 2021, 09:14:51 AM
"You keep using that word...I Don thin that means what you thin it means.."  Inugo Montoyo



"The Transitory Scam" - Ten Companies Warn About Passing Along Rising Costs To Consumers

Campbell Soup Company
On June 9, in Campbell Soup's third quarter, 2021 conference call, the word "inflation" was mentioned 35 times by execs and analysts.

The company revealed it was "impacted by a rising inflationary environment," and CEO Mark Clouse said he expects "sustained inflationary pressures through the remainder of the year."

Campbell's said it will be raising food prices this summer to offset the rising costs. Although CEO Mark Clouse noted, "we are going to be very thoughtful about it. The last thing we want to do is shut down the growth that we've worked fairly hard to have."

The JM Smucker Company
In JM Smucker's fourth-quarter, 2021 conference call on June 3, there were 10 mentions of inflation, and CEO Mark Smucker said the company would be raising prices to offset rising costs.

"Broad-based inflation is impacting many of the commodities, packaging materials, and transportation channels that are important to our business. We are mitigating the impacts through a combination of higher pricing inclusive of list price increases, reduced trade and net revenue optimization strategies, as well as continued cost management," Smucker said.

Stanley Black & Decker
In Stanley Black & Decker's first quarter 2021 earnings presentation on April 28, in a slide entitled "Commodity Inflation Update," the company said steel, resin, base metals, electrical components, and batteries have pushed incremental inflation costs up for 2021 by $160 million vs. January guidance.

The slide showed Black & Decker's plans to increase prices to offset costs.

Whirlpool
In an interview with Yahoo Finance in April, Whirlpool's CFO Jim Peters said the company was seeing price increases and would pass the costs onto consumers.

"We took price increases in every region of the world, that range from 5% to 12%," Peters said. "Those are driven by commodity cost increases, and it's something we have done historically."

The company said in its first-quarter conference call that the price increase actions "will offset the impact of global supply constraints and rising input costs."

Kimberly-Clark
Kimberly-Clark said it would be raising prices on products like Scott toilet paper and Huggies diapers by "mid-to-high single digits" in late March.

Then, in the company's April 23 first-quarter earnings call, execs said they saw "sharp rises in input costs."

Michael Hsu, Kimberly-Clark's chairman and chief executive officer, said the company was "moving rapidly, especially with selling price increases to offset commodity headwinds."

Honeywell
Honeywell's CEO Darius Adamczyk announced that "inflation is taking hold" and affecting his business' bottom line in the company's first-quarter 2021 conference call on April 23.

The CEO said, "there's no doubt about it. We knew it. We see it." Honeywell announced it would be "quickly taking action" on pricing to stay ahead of the problem

The Clorox Company
Clorox's VP of Investor relations Lisah Burhan told investors in the company's third-quarter 2021 results on April 30 that the company has seen "significant resin price inflation."

In order to "manage those rising costs," Clorox announced "pricing action" effective in July. "As we've mentioned, we'll manage inflationary pressures holistically using all the tools in our toolbox," Burhan said.

Procter & Gamble
Procter & Gamble COO Jon Moeller told analysts in an April 20 earnings call that "this is one of the bigger increases in commodity costs that we've seen over the period of time that I've been involved with this, which is a fairly long period of time."

The company said it will begin "the process of implementing price increases on its Baby Care, Feminine Care, and Adult Incontinence product categories in the United States to offset a portion of the impact of rising commodity costs," noting that the "exact amount of the price increase will vary by brand and sub-brand in the range of mid-to-high single-digit percentages and will go into effect in mid-September."

Coca-Cola
In mid-April, Coca-Cola's CEO James Quincey told CNBC's Sara Eisen on "Squawk on the Street" that the company would be increasing prices to offset rising costs.

"We are well-hedged in '21, but there's pressure built up for '22, and so there will have to be some price increases," Quincey said.

"We intend to manage those intelligently, thinking through the way we use package sizes and really optimize the price points for consumers," he added.

Reynolds Consumer Products
Reynolds Consumer Products revealed that a three-step price increase is already underway on some of its most popular products last month.

"Price increases have been implemented, and a second-round is underway, with plans for a third-round to be implemented in the third quarter," Michael Graham, Reynolds chief financial officer, said during the company's first-quarter earnings call on May 8.

Even as nominal wages are increasing, real wages aren't keep up with soarign prices for food at the supermarket or fuel at the gas station.

The Fed will have a severe problem when inflationary pressures remain, and economic growth subsides, opening up a can of stagflation.



https://markets.businessinsider.com/news/stocks/inflation-outlook-impact-transitory-10-companies-already-passing-costs-consumers-2021-6 (https://markets.businessinsider.com/news/stocks/inflation-outlook-impact-transitory-10-companies-already-passing-costs-consumers-2021-6)
Title: Re: INFLATION IS OUR FRIEND
Post by: akula1488 on July 15, 2021, 10:06:22 AM
Good thing Americans saved 16 cent in the July 4th BBQ to offset the coming inflation. The smart ones could do some YOLOing in the stock market to make a killing.
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on July 16, 2021, 12:35:54 PM
They know it but want to hide the facts...bad optics but the reality is not easy to hide...The Carter years are coming back.  New York is already there.. ;D ;D >:D

White House has quietly met with economists fearing inflation could last YEARS - not months - despite publicly saying it would be a 'temporary bottleneck' after the largest surge in prices in 13 years
Top Biden economic aides met with economist Larry Summers Tuesday
Summers has warned about inflation and inveighed against Biden's American Rescue Plan
Fed Chair Powell testified in Congress this week after the government released figures showing a 5.4 per cent jump in inflation in June compared to a year ago
It was the largest spike in 13 years
Powell said inflation will remain 'elevated'
On Thursday Powell called it a 'big uptick'

https://www.dailymail.co.uk/news/article-9793363/White-House-secretly-indicating-inflation-YEARS.html (https://www.dailymail.co.uk/news/article-9793363/White-House-secretly-indicating-inflation-YEARS.html)
Title: Re: INFLATION IS OUR FRIEND
Post by: akula1488 on July 16, 2021, 01:54:17 PM
It is quite sad Americans need  to rely on other countries news agency to get neutral unbiased view of our own state affairs. CNN and MSNBC are nothing more than liberal mouthpiece


They know it but want to hide the facts...bad optics but the reality is not easy to hide...The Carter years are coming back.  New York is already there.. ;D ;D >:D

White House has quietly met with economists fearing inflation could last YEARS - not months - despite publicly saying it would be a 'temporary bottleneck' after the largest surge in prices in 13 years
Top Biden economic aides met with economist Larry Summers Tuesday
Summers has warned about inflation and inveighed against Biden's American Rescue Plan
Fed Chair Powell testified in Congress this week after the government released figures showing a 5.4 per cent jump in inflation in June compared to a year ago
It was the largest spike in 13 years
Powell said inflation will remain 'elevated'
On Thursday Powell called it a 'big uptick'

https://www.dailymail.co.uk/news/article-9793363/White-House-secretly-indicating-inflation-YEARS.html (https://www.dailymail.co.uk/news/article-9793363/White-House-secretly-indicating-inflation-YEARS.html)
Title: Re: INFLATION IS OUR FRIEND
Post by: zubs on July 16, 2021, 08:22:22 PM
If you think inflation is NOT transitory, then it should be ok to buy a house now even with the crazy 25% runup from a year ago.
Title: Re: INFLATION IS OUR FRIEND
Post by: marmott on July 16, 2021, 09:14:53 PM
I wouldn't call the DailyMail an unbiased foreign news agency but that's just me  ;D

I couldn't find what they meant by years in the article (3 years, 10 years or more?), it would have been nice.
Title: Re: INFLATION IS OUR FRIEND
Post by: daedalus on July 17, 2021, 02:26:10 PM
If you think inflation is NOT transitory, then it should be ok to buy a house now even with the crazy 25% runup from a year ago.
Is it possible to run high inflation and low interest rates for sustained periods?  Will house prices keep up with inflation if mortgage rates are 6% and increasing?  God help us. 
Title: Re: INFLATION IS OUR FRIEND
Post by: zubs on July 17, 2021, 10:18:27 PM
I remember when Bernanke was doing QE and he was saying it's never been done before.....we don't know what will happen.
Well that was 10 years ago.  So far so good?
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on August 10, 2021, 01:16:26 PM
Wages are rising, but inflation may have given workers a 2% pay cut

Average hourly wages grew 3.6% in June relative to last year, the most in more than a decade.
However, inflation essentially gave the average worker about a 2% pay cut, according to the Bureau of Labor Statistics.

https://www.cnbc.com/2021/07/27/wages-are-rising-but-has-inflation-given-workers-a-2percent-pay-cut.html (https://www.cnbc.com/2021/07/27/wages-are-rising-but-has-inflation-given-workers-a-2percent-pay-cut.html)

Shake Shack plans to hike menu prices 3.5% to offset the rising cost of ingredients and labor as inflation continues to soar nationwide
Shake Shack warned that it will likely raise prices more than it's usual 2% hike

CFO Katherine Fogerty said inflation is raising costs for the burger chain
Shake Shack also hiked its fee for third-party delivery services to 10%
Chain popular in NYC says sales are still not back to pre-pandemic levels

https://www.dailymail.co.uk/news/article-9880381/Shake-Shack-plans-hike-menu-prices-3-5-offset-rising-cost-ingredients.html (https://www.dailymail.co.uk/news/article-9880381/Shake-Shack-plans-hike-menu-prices-3-5-offset-rising-cost-ingredients.html)



Title: Re: INFLATION IS OUR FRIEND
Post by: qwerty on August 10, 2021, 03:52:29 PM
Yeah I preferred it when I would get a raise and prices remained flat. So much for that.
Title: Re: INFLATION IS OUR FRIEND
Post by: zubs on August 10, 2021, 03:59:02 PM
Inflation is still here and is still going higher.

How long does it take a company in USA to receive parts after ordering from an Asian vendor?
For the computer parts industry if you order today 08.10.2021, you will get your parts in your CA warehouse after the Chinese New year.


They are suffering the semiconductor shortage as well as the ocean freight delays.
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 09:37:27 AM
This should really help...

Can't find what you need at the store? 'Out of stock' is a sign of the times
Shortages show breadth, persistence of chaos roiling the global economy.

Before the pandemic, shipping a 40-foot container of games from Shanghai to the warehouse he uses in Michigan cost $6,000 to $7,000, Poses said. His next shipment, scheduled to leave China in mid-September, will cost at least $26,000. And his freight agent warned him that the price will most likely rise, to $35,000, because of rail and trucking difficulties in the United States.

https://www.startribune.com/out-of-stock-a-sign-of-the-times/600092398/ (https://www.startribune.com/out-of-stock-a-sign-of-the-times/600092398/)
Title: Re: INFLATION IS OUR FRIEND
Post by: nosuchreality on September 02, 2021, 09:47:17 AM
Take one look out from the beach on a clear day, our ocean is a parking lot of container ships queued and waiting for the port.
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 10:53:37 AM
Someone tell the fake guy to wake up. Huge demand is driving up prices.
1. That there was a mad dash for gpus, cpus, miners because of the of crypto. There still is a huge demand even after the LHR (limited hash rate) gpus. Just recently a lot of people were waiting or camping in line at Best Buy for gpus. Through out the pandemic people were lining up in front of stores even based on rumor of store shipment with no guarantee of the store receiving one. Some stores are forcing people to buy combos in order to receive a gpu or other item. This was primarily done during black friday or holiday season in the past. For example, if you a person wants a gpu they have to enter a raffle and if they win then they can buy the gpu, with monitor, motherboard, power supply, gaming case. (combination may vary)
Another way, is to sign up on the website to get email if stock is available. I know someone that waited more than 6 months and got an email that he can buy the gpu at retail price. Scalpers or individuals have sold gpus for double the price or more.
2. Demand for cars soar through the roof. (New and used) Many dealerships not receiving top selling cars or maybe only receiving 1.
3. Other collectables huge demand. Such as Pokemon cards. People waiting in front of Target and Walmart for Pokemon cards. (I am not sure if target still does lines for Pokemon cards) Special clothing/shoe releases.
4. Home goods/home improvement/construction. There has been a huge demand.
5. Electronics - huge demand
6. Video game system - huge demand for the new systems
7. Weights - people creating a home gym

Many more to list. Huge resale market for items mentioned above. Huge demand for everything and not enough supply. If you just woke up and did not know what realize what is happening. Then I suggest you drink some coffee. I know people quit their job just to do resell online.
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 11:12:02 AM
Welcome back Jimmy Carter/Biden...

Back to the Seventies?

AMBRIDGE – With the United States’ disastrous exit from Afghanistan, the parallels between the 2020s and the 1970s just keep growing. Has a sustained period of high inflation just become much more likely? Until recently, I would have said the odds were clearly against it. Now, I am not so sure, especially looking ahead a few years.

Many economists seem to view inflation as a purely technocratic problem, and most central bankers would like to believe that. In fact, the roots of sustained inflation mainly stem from political economy problems, and here the long list of similarities between the 1970s and today is unsettling

The global economy suffered a massive supply shock in the 1970s, as Middle East countries massively hiked the price of oil they charged the rest of the world. Today, protectionism and a retreat from global supply chains constitutes an equally consequential negative supply shock.

Finally, in the late 1960s and 1970s, huge increases in government spending were not matched by higher taxes on the wealthy. The spending increases stemmed in part from US President Lyndon B. Johnson’s “Great Society” programs in the 1960s, later amplified by the soaring cost of the Vietnam War. First Johnson and then Nixon were reluctant to raise taxes to pay for these costs, fearing a loss of political support. In recent years, first the Trump tax cuts, then pandemic-related catastrophe relief, and now progressive plans to expand the social safety net have hit the federal budget hard. Plans to fund these costs by raising taxes only on the rich will likely fall far short.

https://www.project-syndicate.org/commentary/america-facing-1970s-style-stagflation-threat-by-kenneth-rogoff-2021-08 (https://www.project-syndicate.org/commentary/america-facing-1970s-style-stagflation-threat-by-kenneth-rogoff-2021-08)

Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 11:16:36 AM
Someone tell the fake guy to wake up. Huge demand is driving up prices.
1. That there was a mad dash for gpus, cpus, miners because of the of crypto. There still is a huge demand even after the LHR (limited hash rate) gpus. Just recently a lot of people were waiting or camping in line at Best Buy for gpus. Through out the pandemic people were lining up in front of stores even based on rumor of store shipment with no guarantee of the store receiving one. Some stores are forcing people to buy combos in order to receive a gpu or other item. This was primarily done during black friday or holiday season in the past. For example, if you a person wants a gpu they have to enter a raffle and if they win then they can buy the gpu, with monitor, motherboard, power supply, gaming case. (combination may vary)
Another way, is to sign up on the website to get email if stock is available. I know someone that waited more than 6 months and got an email that he can buy the gpu at retail price. Scalpers or individuals have sold gpus for double the price or more.
2. Demand for cars soar through the roof. (New and used) Many dealerships not receiving top selling cars or maybe only receiving 1.
3. Other collectables huge demand. Such as Pokemon cards. People waiting in front of Target and Walmart for Pokemon cards. (I am not sure if target still does lines for Pokemon cards) Special clothing/shoe releases.
4. Home goods/home improvement/construction. There has been a huge demand.
5. Electronics - huge demand
6. Video game system - huge demand for the new systems
7. Weights - people creating a home gym

Many more to list. Huge resale market for items mentioned above. Huge demand for everything and not enough supply. If you just woke up and did not know what realize what is happening. Then I suggest you drink some coffee. I know people quit their job just to do resell online.

Fyi - there is an unofficial driver for the new gpus that are lhr. I want to say to get 75% hash rate for ethereum. Huge demand for ethereum because that crypto is used to buy nfts. I guess the so called trend is nft.

* not investment advice

Also, waiting list for Tesla is long due to huge demand. (really LONG =P)
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 11:24:27 AM
Someone tell the fake guy to wake up. Huge demand is driving up prices.
1. That there was a mad dash for gpus, cpus, miners because of the of crypto. There still is a huge demand even after the LHR (limited hash rate) gpus. Just recently a lot of people were waiting or camping in line at Best Buy for gpus. Through out the pandemic people were lining up in front of stores even based on rumor of store shipment with no guarantee of the store receiving one. Some stores are forcing people to buy combos in order to receive a gpu or other item. This was primarily done during black friday or holiday season in the past. For example, if you a person wants a gpu they have to enter a raffle and if they win then they can buy the gpu, with monitor, motherboard, power supply, gaming case. (combination may vary)
Another way, is to sign up on the website to get email if stock is available. I know someone that waited more than 6 months and got an email that he can buy the gpu at retail price. Scalpers or individuals have sold gpus for double the price or more.
2. Demand for cars soar through the roof. (New and used) Many dealerships not receiving top selling cars or maybe only receiving 1.
3. Other collectables huge demand. Such as Pokemon cards. People waiting in front of Target and Walmart for Pokemon cards. (I am not sure if target still does lines for Pokemon cards) Special clothing/shoe releases.
4. Home goods/home improvement/construction. There has been a huge demand.
5. Electronics - huge demand
6. Video game system - huge demand for the new systems
7. Weights - people creating a home gym

Many more to list. Huge resale market for items mentioned above. Huge demand for everything and not enough supply. If you just woke up and did not know what realize what is happening. Then I suggest you drink some coffee. I know people quit their job just to do resell online.

Fyi - there is an unofficial driver for the new gpus that are lhr. I want to say to get 75% hash rate for ethereum. Huge demand for ethereum because that crypto is used to buy nfts. I guess the so called trend is nft. (Baloney)

* not investment advice (Good thing...leave that to the pro's...you would destroy many.)

Also, waiting list for Tesla is long due to huge demand. (really LONG =P)  (LONG Baloney)
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 11:26:17 AM
He does not have a counter argument.
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 11:38:39 AM
He does not have a counter argument.

Let me again speak plainly...That is not what is driving core inflation.  Tesla sales are a drop in he bucket... and etherium and NFT's are not driving it....There are systemic divers of inflation that have now been set in motion...transportation costs and wages to name a few.  It is in pretty much every category and will not be "transitory"  or "temporary"  as the current administration would like the sheep to believe... buckle up buttercup because it's coming...

Walmart Pay Hike Brings Average Hourly Wage to $16.40

https://www.bloombergquint.com/onweb/walmart-says-pay-increase-brings-average-hourly-wage-to-16-40 (https://www.bloombergquint.com/onweb/walmart-says-pay-increase-brings-average-hourly-wage-to-16-40)

They will never get that back...and where do you think they will get the $$ to pay for that hike?...the very definition of inflation.
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 12:00:05 PM
He does not have a counter argument.

Let me again speak plainly...That is not what is driving core inflation.  Tesla sales are a drop in he bucket... and etherium and NFT's are not driving it....There are systemic divers of inflation that have now been set in motion...transportation costs and wages to name a few.  It is in pretty much every category and will not be "transitory"  or "temporary"  as the current administration would like the sheep to believe... buckle up buttercup because it's coming...
The fed policy and supply issue. As far as I know, companies are not sitting on inventory in a secret warehouse driving up demand.
I see a double standard for trump only. Have low interest rates.

Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 12:03:02 PM
Someone tell the fake guy to wake up. Huge demand is driving up prices.
1. That there was a mad dash for gpus, cpus, miners because of the of crypto. There still is a huge demand even after the LHR (limited hash rate) gpus. Just recently a lot of people were waiting or camping in line at Best Buy for gpus. Through out the pandemic people were lining up in front of stores even based on rumor of store shipment with no guarantee of the store receiving one. Some stores are forcing people to buy combos in order to receive a gpu or other item. This was primarily done during black friday or holiday season in the past. For example, if you a person wants a gpu they have to enter a raffle and if they win then they can buy the gpu, with monitor, motherboard, power supply, gaming case. (combination may vary)
Another way, is to sign up on the website to get email if stock is available. I know someone that waited more than 6 months and got an email that he can buy the gpu at retail price. Scalpers or individuals have sold gpus for double the price or more.
2. Demand for cars soar through the roof. (New and used) Many dealerships not receiving top selling cars or maybe only receiving 1.
3. Other collectables huge demand. Such as Pokemon cards. People waiting in front of Target and Walmart for Pokemon cards. (I am not sure if target still does lines for Pokemon cards) Special clothing/shoe releases.
4. Home goods/home improvement/construction. There has been a huge demand.
5. Electronics - huge demand
6. Video game system - huge demand for the new systems
7. Weights - people creating a home gym

Many more to list. Huge resale market for items mentioned above. Huge demand for everything and not enough supply. If you just woke up and did not know what realize what is happening. Then I suggest you drink some coffee. I know people quit their job just to do resell online.

Fyi - there is an unofficial driver for the new gpus that are lhr. I want to say to get 75% hash rate for ethereum. Huge demand for ethereum because that crypto is used to buy nfts. I guess the so called trend is nft.

* not investment advice

Also, waiting list for Tesla is long due to huge demand. (really LONG =P)

It is hard for people to understand that do not know consumer products.
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 12:17:13 PM
Someone tell the fake guy to wake up. Huge demand is driving up prices.
1. That there was a mad dash for gpus, cpus, miners because of the of crypto. There still is a huge demand even after the LHR (limited hash rate) gpus. Just recently a lot of people were waiting or camping in line at Best Buy for gpus. Through out the pandemic people were lining up in front of stores even based on rumor of store shipment with no guarantee of the store receiving one. Some stores are forcing people to buy combos in order to receive a gpu or other item. This was primarily done during black friday or holiday season in the past. For example, if you a person wants a gpu they have to enter a raffle and if they win then they can buy the gpu, with monitor, motherboard, power supply, gaming case. (combination may vary)
Another way, is to sign up on the website to get email if stock is available. I know someone that waited more than 6 months and got an email that he can buy the gpu at retail price. Scalpers or individuals have sold gpus for double the price or more.
2. Demand for cars soar through the roof. (New and used) Many dealerships not receiving top selling cars or maybe only receiving 1.
3. Other collectables huge demand. Such as Pokemon cards. People waiting in front of Target and Walmart for Pokemon cards. (I am not sure if target still does lines for Pokemon cards) Special clothing/shoe releases.
4. Home goods/home improvement/construction. There has been a huge demand.
5. Electronics - huge demand
6. Video game system - huge demand for the new systems
7. Weights - people creating a home gym

Many more to list. Huge resale market for items mentioned above. Huge demand for everything and not enough supply. If you just woke up and did not know what realize what is happening. Then I suggest you drink some coffee. I know people quit their job just to do resell online.

Fyi - there is an unofficial driver for the new gpus that are lhr. I want to say to get 75% hash rate for ethereum. Huge demand for ethereum because that crypto is used to buy nfts. I guess the so called trend is nft.

* not investment advice

Also, waiting list for Tesla is long due to huge demand. (really LONG =P)


InsideEVs article: Estimated delivery time (new orders) for base versions of all Tesla cars in the U.S. is now 2022.

Estimated delivery time (new orders):

Tesla Model 3:

Standard Range Plus: January 2022 (previously 8–14 weeks)
Long Range: November (no change)
Performance: 5–7 weeks (previously 4–7 weeks)

Tesla Model S:

Long Range: March–April, 2022 (no change)
Plaid: January–February, 2022 (no change)
Tesla Model X:

Long Range: March–April, 2022 (no change)
Plaid: March–April, 2022 (no change)
Tesla Model Y:

Long Range: January 2022 (previously December)
Performance: 5–7 weeks (no change)
The changes of estimated delivery dates to 2022 indicate a much higher demand than supply, but it's impossible to know whether the supply is seriously affected by the production constraints (semiconductor shortage or other bottlenecks) or is mostly demand related.

https://insideevs.com/news/526879/us-order-backlog-tesla-modely/

Note these are estimates. I know someone that is on a waiting list for a model 3. Still waiting and is scheduled to get it soon. Tbd (but not long range)

Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 12:21:21 PM
Someone tell the fake guy to wake up. Huge demand is driving up prices.
1. That there was a mad dash for gpus, cpus, miners because of the of crypto. There still is a huge demand even after the LHR (limited hash rate) gpus. Just recently a lot of people were waiting or camping in line at Best Buy for gpus. Through out the pandemic people were lining up in front of stores even based on rumor of store shipment with no guarantee of the store receiving one. Some stores are forcing people to buy combos in order to receive a gpu or other item. This was primarily done during black friday or holiday season in the past. For example, if you a person wants a gpu they have to enter a raffle and if they win then they can buy the gpu, with monitor, motherboard, power supply, gaming case. (combination may vary)
Another way, is to sign up on the website to get email if stock is available. I know someone that waited more than 6 months and got an email that he can buy the gpu at retail price. Scalpers or individuals have sold gpus for double the price or more.
2. Demand for cars soar through the roof. (New and used) Many dealerships not receiving top selling cars or maybe only receiving 1.
3. Other collectables huge demand. Such as Pokemon cards. People waiting in front of Target and Walmart for Pokemon cards. (I am not sure if target still does lines for Pokemon cards) Special clothing/shoe releases.
4. Home goods/home improvement/construction. There has been a huge demand.
5. Electronics - huge demand
6. Video game system - huge demand for the new systems
7. Weights - people creating a home gym

Many more to list. Huge resale market for items mentioned above. Huge demand for everything and not enough supply. If you just woke up and did not know what realize what is happening. Then I suggest you drink some coffee. I know people quit their job just to do resell online.

Fyi - there is an unofficial driver for the new gpus that are lhr. I want to say to get 75% hash rate for ethereum. Huge demand for ethereum because that crypto is used to buy nfts. I guess the so called trend is nft.

* not investment advice

Also, waiting list for Tesla is long due to huge demand. (really LONG =P)

It is hard for people to understand that do not know consumer products.

Eye, I am not sure what you really do but I am easily more qualified than you to not only understand these issues but also comment on them with authority. This is the kind of stuff  that is right in my wheelhouse.  My knowledge does not come from some article you read on MSNBC. It comes from over 35 years of actually managing money (real money) for Fortune 100 companies.  A background and degree in Economics/System Sciences with a double in Computer Sciences Mathematics from UCLA.   What qualifies you with special insights or knowledge?
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 12:29:00 PM
Someone tell the fake guy to wake up. Huge demand is driving up prices.
1. That there was a mad dash for gpus, cpus, miners because of the of crypto. There still is a huge demand even after the LHR (limited hash rate) gpus. Just recently a lot of people were waiting or camping in line at Best Buy for gpus. Through out the pandemic people were lining up in front of stores even based on rumor of store shipment with no guarantee of the store receiving one. Some stores are forcing people to buy combos in order to receive a gpu or other item. This was primarily done during black friday or holiday season in the past. For example, if you a person wants a gpu they have to enter a raffle and if they win then they can buy the gpu, with monitor, motherboard, power supply, gaming case. (combination may vary)
Another way, is to sign up on the website to get email if stock is available. I know someone that waited more than 6 months and got an email that he can buy the gpu at retail price. Scalpers or individuals have sold gpus for double the price or more.
2. Demand for cars soar through the roof. (New and used) Many dealerships not receiving top selling cars or maybe only receiving 1.
3. Other collectables huge demand. Such as Pokemon cards. People waiting in front of Target and Walmart for Pokemon cards. (I am not sure if target still does lines for Pokemon cards) Special clothing/shoe releases.
4. Home goods/home improvement/construction. There has been a huge demand.
5. Electronics - huge demand
6. Video game system - huge demand for the new systems
7. Weights - people creating a home gym

Many more to list. Huge resale market for items mentioned above. Huge demand for everything and not enough supply. If you just woke up and did not know what realize what is happening. Then I suggest you drink some coffee. I know people quit their job just to do resell online.

Fyi - there is an unofficial driver for the new gpus that are lhr. I want to say to get 75% hash rate for ethereum. Huge demand for ethereum because that crypto is used to buy nfts. I guess the so called trend is nft.

* not investment advice

Also, waiting list for Tesla is long due to huge demand. (really LONG =P)


InsideEVs article: Estimated delivery time (new orders) for base versions of all Tesla cars in the U.S. is now 2022.

Estimated delivery time (new orders):

Tesla Model 3:

Standard Range Plus: January 2022 (previously 8–14 weeks)
Long Range: November (no change)
Performance: 5–7 weeks (previously 4–7 weeks)

Tesla Model S:

Long Range: March–April, 2022 (no change)
Plaid: January–February, 2022 (no change)
Tesla Model X:

Long Range: March–April, 2022 (no change)
Plaid: March–April, 2022 (no change)
Tesla Model Y:

Long Range: January 2022 (previously December)
Performance: 5–7 weeks (no change)
The changes of estimated delivery dates to 2022 indicate a much higher demand than supply, but it's impossible to know whether the supply is seriously affected by the production constraints (semiconductor shortage or other bottlenecks) or is mostly demand related.

https://insideevs.com/news/526879/us-order-backlog-tesla-modely/

Note these are estimates. I know someone that is on a waiting list for a model 3. Still waiting and is scheduled to get it soon. Tbd (but not long range)



Who cares?...Teslas total sales only represent around 1.5% of the total US auto sales...practically nothing and therefore growth impacts NOTHING.
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 12:36:34 PM
But you said demand for tesla is long balogny.
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 12:37:48 PM
Someone tell the fake guy to wake up. Huge demand is driving up prices.
1. That there was a mad dash for gpus, cpus, miners because of the of crypto. There still is a huge demand even after the LHR (limited hash rate) gpus. Just recently a lot of people were waiting or camping in line at Best Buy for gpus. Through out the pandemic people were lining up in front of stores even based on rumor of store shipment with no guarantee of the store receiving one. Some stores are forcing people to buy combos in order to receive a gpu or other item. This was primarily done during black friday or holiday season in the past. For example, if you a person wants a gpu they have to enter a raffle and if they win then they can buy the gpu, with monitor, motherboard, power supply, gaming case. (combination may vary)
Another way, is to sign up on the website to get email if stock is available. I know someone that waited more than 6 months and got an email that he can buy the gpu at retail price. Scalpers or individuals have sold gpus for double the price or more.
2. Demand for cars soar through the roof. (New and used) Many dealerships not receiving top selling cars or maybe only receiving 1.
3. Other collectables huge demand. Such as Pokemon cards. People waiting in front of Target and Walmart for Pokemon cards. (I am not sure if target still does lines for Pokemon cards) Special clothing/shoe releases.
4. Home goods/home improvement/construction. There has been a huge demand.
5. Electronics - huge demand
6. Video game system - huge demand for the new systems
7. Weights - people creating a home gym

Many more to list. Huge resale market for items mentioned above. Huge demand for everything and not enough supply. If you just woke up and did not know what realize what is happening. Then I suggest you drink some coffee. I know people quit their job just to do resell online.

Fyi - there is an unofficial driver for the new gpus that are lhr. I want to say to get 75% hash rate for ethereum. Huge demand for ethereum because that crypto is used to buy nfts. I guess the so called trend is nft.

* not investment advice

Also, waiting list for Tesla is long due to huge demand. (really LONG =P)

It is hard for people to understand that do not know consumer products.

Eye, I am not sure what you really do but I am easily more qualified than you to not only understand these issues but also comment on them with authority. This is the kind of stuff  that is right in my wheelhouse.  My knowledge does not come from some article you read on MSNBC. It comes from over 35 years of actually managing money (real money) for Fortune 100 companies.  A background and degree in Economics/System Sciences with a double in Computer Sciences Mathematics from UCLA.   What qualifies you with special insights or knowledge?

If you want to pay my consulting fee. You can find out.
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 12:41:53 PM
But you said demand for tesla is long balogny.

..Again Eye quit trying to put your meaning to the words...Tesla is Baloney.
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 12:43:34 PM
Someone tell the fake guy to wake up. Huge demand is driving up prices.
1. That there was a mad dash for gpus, cpus, miners because of the of crypto. There still is a huge demand even after the LHR (limited hash rate) gpus. Just recently a lot of people were waiting or camping in line at Best Buy for gpus. Through out the pandemic people were lining up in front of stores even based on rumor of store shipment with no guarantee of the store receiving one. Some stores are forcing people to buy combos in order to receive a gpu or other item. This was primarily done during black friday or holiday season in the past. For example, if you a person wants a gpu they have to enter a raffle and if they win then they can buy the gpu, with monitor, motherboard, power supply, gaming case. (combination may vary)
Another way, is to sign up on the website to get email if stock is available. I know someone that waited more than 6 months and got an email that he can buy the gpu at retail price. Scalpers or individuals have sold gpus for double the price or more.
2. Demand for cars soar through the roof. (New and used) Many dealerships not receiving top selling cars or maybe only receiving 1.
3. Other collectables huge demand. Such as Pokemon cards. People waiting in front of Target and Walmart for Pokemon cards. (I am not sure if target still does lines for Pokemon cards) Special clothing/shoe releases.
4. Home goods/home improvement/construction. There has been a huge demand.
5. Electronics - huge demand
6. Video game system - huge demand for the new systems
7. Weights - people creating a home gym

Many more to list. Huge resale market for items mentioned above. Huge demand for everything and not enough supply. If you just woke up and did not know what realize what is happening. Then I suggest you drink some coffee. I know people quit their job just to do resell online.

Fyi - there is an unofficial driver for the new gpus that are lhr. I want to say to get 75% hash rate for ethereum. Huge demand for ethereum because that crypto is used to buy nfts. I guess the so called trend is nft.

* not investment advice

Also, waiting list for Tesla is long due to huge demand. (really LONG =P)

It is hard for people to understand that do not know consumer products.

Eye, I am not sure what you really do but I am easily more qualified than you to not only understand these issues but also comment on them with authority. This is the kind of stuff  that is right in my wheelhouse.  My knowledge does not come from some article you read on MSNBC. It comes from over 35 years of actually managing money (real money) for Fortune 100 companies.  A background and degree in Economics/System Sciences with a double in Computer Sciences Mathematics from UCLA.   What qualifies you with special insights or knowledge?

If you want to pay my consulting fee. You can find out.

I already know you wouldn't qualify for mine but what are your creds?  I'm proud of mine.
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 12:47:14 PM
Investment advice from you? Please
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 12:48:58 PM
Investment advice from you? Please

Like I said...you couldn't make my minimums but that's OK, I will still give you some insights....for free.
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 02:25:40 PM
Someone tell the fake guy to wake up. Huge demand is driving up prices.
1. That there was a mad dash for gpus, cpus, miners because of the of crypto. There still is a huge demand even after the LHR (limited hash rate) gpus. Just recently a lot of people were waiting or camping in line at Best Buy for gpus. Through out the pandemic people were lining up in front of stores even based on rumor of store shipment with no guarantee of the store receiving one. Some stores are forcing people to buy combos in order to receive a gpu or other item. This was primarily done during black friday or holiday season in the past. For example, if you a person wants a gpu they have to enter a raffle and if they win then they can buy the gpu, with monitor, motherboard, power supply, gaming case. (combination may vary)
Another way, is to sign up on the website to get email if stock is available. I know someone that waited more than 6 months and got an email that he can buy the gpu at retail price. Scalpers or individuals have sold gpus for double the price or more.
2. Demand for cars soar through the roof. (New and used) Many dealerships not receiving top selling cars or maybe only receiving 1.
3. Other collectables huge demand. Such as Pokemon cards. People waiting in front of Target and Walmart for Pokemon cards. (I am not sure if target still does lines for Pokemon cards) Special clothing/shoe releases.
4. Home goods/home improvement/construction. There has been a huge demand.
5. Electronics - huge demand
6. Video game system - huge demand for the new systems
7. Weights - people creating a home gym

Many more to list. Huge resale market for items mentioned above. Huge demand for everything and not enough supply. If you just woke up and did not know what realize what is happening. Then I suggest you drink some coffee. I know people quit their job just to do resell online.

Fyi - there is an unofficial driver for the new gpus that are lhr. I want to say to get 75% hash rate for ethereum. Huge demand for ethereum because that crypto is used to buy nfts. I guess the so called trend is nft.

* not investment advice

Also, waiting list for Tesla is long due to huge demand. (really LONG =P)


InsideEVs article: Estimated delivery time (new orders) for base versions of all Tesla cars in the U.S. is now 2022.

Estimated delivery time (new orders):

Tesla Model 3:

Standard Range Plus: January 2022 (previously 8–14 weeks)
Long Range: November (no change)
Performance: 5–7 weeks (previously 4–7 weeks)

Tesla Model S:

Long Range: March–April, 2022 (no change)
Plaid: January–February, 2022 (no change)
Tesla Model X:

Long Range: March–April, 2022 (no change)
Plaid: March–April, 2022 (no change)
Tesla Model Y:

Long Range: January 2022 (previously December)
Performance: 5–7 weeks (no change)
The changes of estimated delivery dates to 2022 indicate a much higher demand than supply, but it's impossible to know whether the supply is seriously affected by the production constraints (semiconductor shortage or other bottlenecks) or is mostly demand related.

https://insideevs.com/news/526879/us-order-backlog-tesla-modely/

Note these are estimates. I know someone that is on a waiting list for a model 3. Still waiting and is scheduled to get it soon. Tbd (but not long range)



Who cares?...Teslas total sales only represent around 1.5% of the total US auto sales...practically nothing and therefore growth impacts NOTHING.

So this is what he does. He makes his fake Republicon argument against Tesla. But in my previous thread I mentioned new and used cars there are high demand. I believe all major car makers have mention supply constraints.

Republicon like the fake guy like to bash Tesla.
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 02:29:27 PM
Im a pro in marketing. Keep it up.
You are losing every time you have a conversation with me.
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 02:45:06 PM
C'mon eye, Impress us with your creds. Justify why anyone should put any weight in anything you say.  Wow us. As for Tesla, you were the one so impressed with their numbers. I only pointed out in the Context of inflation (the topic of this thread) they are irrelevant.
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 02:50:36 PM
C'mon eye, Impress us with your creds. Justify why anyone should put any weight in anything you say.  Wow us. As for Tesla, you were the one so impressed with their numbers. I only pointed out in the Context of inflation (the topic of this thread) they are irrelevant.

In other words: tell me who you are. Everybody can be Anonymous on talk irvine except me? Republicons love the double standard.
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 02:56:02 PM
For those who do not know. Bots have a hard time understanding and connecting different paragraphs or posts together. Lets look what I said.

2. Demand for cars soar through the roof. (New and used) Many dealerships not receiving top selling cars or maybe only receiving 1.

A. I said demand for new and used cars are high. (Which is a true statement)
B. Many dealerships are not receiving cars top selling cars from the plant. If they do it is 1 or a few. (Which is a true statement)

Regarding Tesla I said there is a huge demand for cars. Also, there are supply issues like all or almost all car manufactures. (Which is a true statement)
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 03:00:32 PM
C'mon eye, Impress us with your creds. Justify why anyone should put any weight in anything you say.  Wow us. As for Tesla, you were the one so impressed with their numbers. I only pointed out in the Context of inflation (the topic of this thread) they are irrelevant.

In other words: tell me who you are. Everybody can be Anonymous on talk irvine except me? Republicons love the double standard.


No, I have given you quite a bit of information about me without too many specifics.  What I outlined gives everyone a fair insight into my background and expertise on the topic. It adds weight to the points I try to make.  Just asking the same of you.  You like to bring into question my knowledge and background all the time, only fair to see how you stack up if you're gonna call a kettle black.
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 03:04:25 PM
C'mon eye, Impress us with your creds. Justify why anyone should put any weight in anything you say.  Wow us. As for Tesla, you were the one so impressed with their numbers. I only pointed out in the Context of inflation (the topic of this thread) they are irrelevant.

In other words: tell me who you are. Everybody can be Anonymous on talk irvine except me? Republicons love the double standard.


No, I have given you quite a bit of information about me without too many specifics.  What I outlined gives everyone a fair insight into my background and expertise on the topic. It adds weight to the points I try to make.  Just asking the same of you.  You like to bring into question my knowledge and background all the time, only fair to see how you stack up if you're gonna call a kettle black.

You wont even give out your so called license number. Trying to come at me with being anonymous. Stop trying to harass me for my identity. When you wont give up yours.
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 03:44:18 PM
C'mon eye, Impress us with your creds. Justify why anyone should put any weight in anything you say.  Wow us. As for Tesla, you were the one so impressed with their numbers. I only pointed out in the Context of inflation (the topic of this thread) they are irrelevant.

In other words: tell me who you are. Everybody can be Anonymous on talk irvine except me? Republicons love the double standard.


No, I have given you quite a bit of information about me without too many specifics.  What I outlined gives everyone a fair insight into my background and expertise on the topic. It adds weight to the points I try to make.  Just asking the same of you.  You like to bring into question my knowledge and background all the time, only fair to see how you stack up if you're gonna call a kettle black.

You wont even give out your so called license number. Trying to come at me with being anonymous. Stop trying to harass me for my identity. When you wont give up yours.

I think everyone would agree they know quite a bit about me without knowing any specifics. They know where I live, what I do for a living, where I’m from and went to school. Why on earth would they want my license number? That doesn’t tell them anything. Everyone knows a great deal about me without giving up some anonymity.  I’m only asking the same of you, why so defensive? Nothing to brag about? Your reluctance tells it all. You are as transparent as the Biden administration. No wonder no one believes you and has your comments on mute.
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 06:22:59 PM
Your the Pusss see that dont want to meet up. Stop talking chit
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 06:25:25 PM
Blah blah transparent, mute me, I can care less. Please mute me. Talk Irvine is a trash website.
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 06:25:40 PM
Your the Pusss see that dont want to meet up. Stop talking chit

What are you talking about?  Seriously.
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 06:26:27 PM
Your the Pusss see that dont want to meet up. Stop talking chit

What are you talking about?  Seriously.

go cry and complain
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 06:26:55 PM
Blah blah transparent, mute me, I can care less. Please mute me. Talk Irvine is a trash website.

Who’s afraid now? ;D ;D
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 06:28:16 PM
Your the Pusss see that dont want to meet up. Stop talking chit

What are you talking about?  Seriously.

go cry and complain

I’m not complaining.  (Making things up…again)
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 06:28:50 PM
Your mom
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 06:31:47 PM
Again I dont have to tell you chit.
Go fu5 your self with transparency.
This is a dumb forum and you want transparency. But wont give out your fake license #. Go cry to your mummy.
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 06:42:00 PM
Again you flipping the truth
You were wrong regarding Trump. You were wrong on global warming. You were wrong about covid.

Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 07:01:57 PM
Again I dont have to tell you chit.
Go fu5 your self with transparency.
This is a dumb forum and you want transparency. But wont give out your fake license #. Go cry to your mummy.


 ;D ;D >:D
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 07:03:53 PM
Again I dont have to tell you chit.
Go fu5 your self with transparency.
This is a dumb forum and you want transparency. But wont give out your fake license #. Go cry to your mummy.

Ok my number is A777012. What ya gonna do with that?
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 02, 2021, 07:34:41 PM
Honestly i dont care bro. Delete it
You take this too seriously. (I hope you know I am joking around)
Title: Re: INFLATION IS OUR FRIEND
Post by: morekaos on September 02, 2021, 07:47:07 PM
Honestly i dont care bro. Delete it
You take this too seriously. (I hope you know I am joking around)

That’s my point…that’s useless info and not it anyway. ;D >:D
Title: Re: INFLATION IS OUR FRIEND
Post by: irvinehomeowner on September 02, 2021, 09:19:14 PM
Dude... TSLA is fo' real.

Dinosaurs got to dino... some stuff you get right, but even at only 1.5%, Tesla has 75% of the EV market. And while that may decrease as others put out their EVs, Musk has a pretty huge head start in not just technology, assembly and distribution... but more importantly, charging infrastructure.

Other makers wouldn't even be thinking about electrification if not for the roads that Tesla paved.

You got Trump wrong... this one you are also the baloney. :)
Title: Re: INFLATION IS OUR FRIEND
Post by: OCtoSV on September 03, 2021, 10:50:31 AM
Again I dont have to tell you chit.
Go fu5 your self with transparency.
This is a dumb forum and you want transparency. But wont give out your fake license #. Go cry to your mummy.

mummy...must be Indian
Title: Re: INFLATION IS OUR FRIEND
Post by: eyephone on September 03, 2021, 10:51:49 AM
Again I dont have to tell you chit.
Go fu5 your self with transparency.
This is a dumb forum and you want transparency. But wont give out your fake license #. Go cry to your mummy.

mummy...must be Indian

or British hehe
(Just to clarify, I was joking around)
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