inflation, and I don't mean tires

[RandyO]

I stopped by my local dealer last Thursday, the Kawasaki rep was there, he announced an across the board 5% increase in parts, apparently, manufacturers are bidding for shipping containers. The container that used to cost $4k to ship, now costs $15k or more

[number9]

Yeah, there has been a perfect storm in shipping and the costs are through the roof. The Evergreen ship fiasco was just part of it...

[boosten lebaron]

I can confirm that container prices are crazy. I was shipping 20ft containers at $2000 and the one i shipped about 3 weeks ago was $13k. A lot of it is due to port costs now. Boston port has been refusing container laden ships for like a year now and all those have been dumping into NY and they are raping customers and drivers across the board. It was nearly a grand to have a bonded union guy escort me about 300ft to my container. Used to be $75.
Ive stopped all shipping for now. Its impossible to control prices.

[marshdrummer]

Also, the 2 largest ports in the world (China) have shut down due to covid.....on top of that, it is extremely hard to get drayage carriers or chassis'.......

and just an FYI - If you are looking to by a pool or outdoor furniture, get it now....all prices are going up 45 points next year due to not only shipping, but the vendors can't get supplies - steel, resin, aluminum, etc....

[sdog30]

32F 26R hot. Double check them off the track though.

[OneCheekRider]

At my company, our costs (including freight) are up substantially and therefore we will be raising our product prices. Not thrilled about it.

Also, 36F 42R per swing arm placard.

[Vovchandr]

Inflation normal is about 3% a year.

Due to recent global events across the board, pandemic, chip, supply lines, canal jam etc inflation has been monitored to about 6%-10% increase.


Cars, houses and products doubling in price isn't the same inflation. Those are specific events driven by other specific forces and the elasticity of that supply and demand curve is questionable.

• Desires cars of the past out of production? Likely appreciating into new values and will stay there. They don't make them any more.
• New cars being NA due to chip and other supply shortage small price increase? Will go back to normal MSRP over the next year.
• Housing prices? Increase will stop, prices will stagnate and level out again.
• Shipping prices will balance out in the future with supply fixings.

Misc prices of lawn mowers, bicycles, recreational vehicles, kayaks and god knows what else will all go back to their normal prices once people run out of their excess cash and go back to doing their normal things at more normal lives.

[RandyO]

Inflation normal is about 3% a year.

Due to recent global events across the board, pandemic, chip, supply lines, canal jam etc inflation has been monitored to about 6% increase.


Cars, houses and products doubling in price isn't the same inflation. Those are specific events driven by other specific forces and the elasticity of that supply and demand curve is questionable.

Desires cars of the past out of production? Likely appreciating into new values and will stay there. They don't make them any more.
New cars being NA due to chip and other supply shortage small price increase? Will go back to normal MSRP over the next year.
Housing prices? Increase will stop, prices will stagnate and level out again.
Shipping prices will balance out in the future with supply fixings.

Misc prices of lawn mowers, bicycles, recreational vehicles, kayaks and god knows what else will all go back to their normal prices once people run out of their excess cash and go back to doing their normal things at more normal lives.

Who does your grocery shopping , is your diet Ramen noodles ?

[Vovchandr]

Who does your grocery shopping , is your diet Ramen noodles ?

What does a global reality have to do with me or my diet? I do my own shopping weekly. Plenty balanced meal. If you find expensive stuff and overpay, that's your own personal tax on yourself. Congrats.

https://www.nbcnews.com/business/con...rends-n1264037

[Vovchandr]

Largest egg producer is recording record profits.

Wonder why. I thought inflation is supposed to affect the bottom line and prices increase just to offset it, not to profit from...

[PurplePackage]

I was at BJs the other week and someone was grunting at his kids, "Joe Biden raised the egg prices again." Couldn't tell if he was serious. Nonetheless, it was hilarious.

[joeswamp]

If they're making record profits, that's a good sign -- means production costs are low. Now it's just a game of chicken (get it?) with the other egg producers as to who will lower their prices first to gain market share. Then a price war will happen.

Commodity prices are almost always "sticky" in this way. When production costs jump (as they did when that bird flu virus hit the egg industry), retail prices jump instantly to cover costs. But the retail prices take a while to ratchet down because producers want to hang onto excess profit as long as they can.

[boosten lebaron]

I was at BJs the other week and someone was grunting at his kids, "Joe Biden raised the egg prices again." Couldn't tell if he was serious. Nonetheless, it was hilarious.

He was serious. Wrong, but serious.