we are in stagflation

[Marty Champions]

lots of inventory for the consumer and retailer. But the retailer doesnt need to get rid of inventory  or drop its price and they dont need to increase sales either because they have enough in the bank or assets to keep on coasting zero need to grow

The consumer middleclass is feeling the pinch but has inventory on things they need to make a living, but no incentive to do anything risky investing for the majority

There is zero demand for middleclass and poor to push any harder because margins arent great

The corrupt city is making a killing as usual they want things to stay as is, because if middle class grows in population then the city must hire more city workers and just more of the same

[IroNat]

ok

[Marty Champions]

ok

lol fagget

[Gym-Rat]

Libs say that things are fine though, and that Joe is the best ever.. LOL

 

[Walter Sobchak]

lots of inventory for the consumer and retailer. But the retailer doesnt need to get rid of inventory  or drop its price and they dont need to increase sales either because they have enough in the bank or assets to keep on coasting zero need to grow

The consumer middleclass is feeling the pinch but has inventory on things they need to make a living, but no incentive to do anything risky investing for the majority

There is zero demand for middleclass and poor to push any harder because margins arent great

The corrupt city is making a killing as usual they want things to stay as is, because if middle class grows in population then the city must hire more city workers and just more of the same

.

[Mayday]

lots of inventory for the consumer and retailer. But the retailer doesnt need to get rid of inventory  or drop its price and they dont need to increase sales either because they have enough in the bank or assets to keep on coasting zero need to grow

The consumer middleclass is feeling the pinch but has inventory on things they need to make a living, but no incentive to do anything risky investing for the majority

There is zero demand for middleclass and poor to push any harder because margins arent great

The corrupt city is making a killing as usual they want things to stay as is, because if middle class grows in population then the city must hire more city workers and just more of the same

Retailers are based on low price high volume low margin. They always need to sell inventory.

Just because Apple have billions in cash doesn’t mean every other business does aswell.

The world is going through massive wage deflation which results in reduction of consumption. It’s all driven by energy because at the core, energy is what allows not just high yield of production of goods but also ease of logistics of goods.

[Freemason]

Not so here.

Auto, boats, RVs have limited inventory so maximizing profit on each sale is paramount. Every new car dealer in Florida has MOSTLY USED vehicles INSIDE the showroom. Never seen that before. Zero interest in customer service right now. People are grateful to get ANY service. 3 week wait for an oil change or brake job at every shop in town (part are scarce no brake pads available for my Silverado a few weeks back… NO brake pads WTF).

Grocery stores out of products every day. Hardly any appliances to be found in lowes, HD or any of the big box stores. Steak restaurants packed every night.

Construction trades are the same. Supplies/materials are scarce and expensive. Zero incentive to lower price when there’s a line to purchase. Contractors picking and choosing jobs work is through the roof (literally). Cash buyers for everything abound- including homes, million dollar boats, premium new trucks and SUVs.

Also, zero peeps from the automakers despite the lack of production. In 2008 they couldn’t survive a 15% drop in sales without multi million bailouts. Somehow GM, Ford and Chrysler doing just fine. They must be getting paid to not build cars right now.

No clue where all the money is coming from but it is pouring into Florida.

Weird shit for sure.

[Thin Lizzy]

Seems like everybody from New York who has money has gone down to Florida. I was just in Palm Beach. Unbelievable how much money there is down there. Felt poor as fuck.

That said, we will eventually see stagflation as price inflation is much higher than current interest rates and this doesn’t figure to change for a while if ever. Lenders are not gonna lend only to have the money come back being worth much less vis a vis buying power even accounting for interest.

The stock market is sending signals as well. The best performing stocks are consumer staples, the worst, consumer discretionary. In other words, shit people need doing well, shit they don’t need doing poorly.

[Thin Lizzy]

And then there’s this:



https://wsvn.com/news/us-world/us-consumer-debt-jumped-by-40-billion-in-february/

Debt levels jumped by nearly $42 billion to a total of almost $4.5 trillion. That’s an annual increase of 11.3%, seasonally adjusted, far outperforming economists’ expectations and setting a new high. In January, total credit had grown only 2.4%.