Prices just keep going up,up,up!

[Chris142]

Please don't get my thread shut down.

I made a guy a 7ft ac hose today. When I bought this size hose 2 months ago I paid $2.91 per ft for quality bulk hose.

Made his hose and sent him on his way. Went to replace the hose I used and my cost is $8/ft!

This is nuts! If I double the price and add ends a 7 ft hose will cost the next guy $150ish!

Been looking online and found some for around $6 a ft after shipping which is what I sold it for today.

I hope this inflation stops soon.

 

[aquariuscsm]

I totally hear ya! Man I just went grocery shopping, just for some staple items, and it was literal highway robbery! Seems every week (I usually grocery shop once a week) everything goes up a dollar or two.

 

[Dave Hess]

Get used to it, things won’t be coming down anytime soon.

If hose is for a customer, just pass the extra costs to customer.

 

[Chris142]

Get used to it, things won’t be coming down anytime soon.

If hose is for a customer, just pass the extra costs to customer.

Would you pay $150 for a 7 ft hose with crimped on ends?

 

[DemoFly]

Without getting political, I will just state generic facts.

Printing money and putting it into circulation lowers the value of all the money. The United States printed over 7 trillion dollars a few years ago. The relative cost of commodities hasn't changed much, the power of the dollar has dropped.

 

[Rand]

Hey you know inflation is below 6% right?
/sarcasm
Thats why everything I buy AVERAGES about 25-30% increase

 

[ripcord]

Without getting political, I will just state generic facts.

Printing money and putting it into circulation lowers the value of all the money. The United States printed over 7 trillion dollars a few years ago. The relative cost of commodities hasn't changed much, the power of the dollar has dropped.

And it wasn't just the good old USA doing it either. If folks think we have bad inflation, I've got a dozen eggs in Turkey to sell you. Argentina had 80% inflation the past year.

 

[Dave Hess]

Would you pay $150 for a 7 ft hose with crimped on ends?

Yes, if I needed it for myself or a customer.

I would just have to bite the bullet.

 

[pbm]

I saw a guy on television last week say that inflation is 8%. My experience tells me it's much higher than that. The dog food that I used to pay $30 in 2020 is now $44. The lunch special that I used to get for 10.99 in 2020 is now 14.99. The salt for my water softener that was $4 is now $9. etc..etc..etc... I think we are even being 'gaslighted' on this issue just like most others.

 

[Duffyjr]

It has changed my retirement plans

 

[Timmastertech]

I replaced a resonator and muffler on a 1997 Toyota Camry today. Did the same job on this customers 98 Camry 6 months ago. Today, the parts cost me more than I sold them for 6 months ago.

 

[Trav]

Please don't get my thread shut down.

I made a guy a 7ft ac hose today. When I bought this size hose 2 months ago I paid $2.91 per ft for quality bulk hose.

Made his hose and sent him on his way. Went to replace the hose I used and my cost is $8/ft!

This is nuts! If I double the price and add ends a 7 ft hose will cost the next guy $150ish!

Been looking online and found some for around $6 a ft after shipping which is what I sold it for today.

I hope this inflation stops soon.

We are all getting hosed.

 

[Passport1]

Printing money and putting it into circulation lowers the value of all the money. The United States printed over 7 trillion dollars a few years ago. The relative cost of commodities hasn't changed much, the power of the dollar has dropped.

BINGO! Thank you. Most don't understand this crucial concept.

 

[BAJA_05]

66% of the groceries I buy have almost doubled in price the last 2 years. Appalling anymore!!!!

 

[Fitter30]

Would companies jack up their prices?

 

[ripcord]

Would companies jack up their prices?

Absolutely. Like when the price of their raw materials goes up. When the cost of fuel goes up. When the wages workers demand goes up. Etc, etc, etc.

 

[riverblue]

Unfortunately, the inflation we're seeing this year is just a prelude of what's coming next year and in 2024. The PPI (producer price index) has been raging this year, and it tends to foretell what's going to happen with the CPI (consumer price index) in about 12-18 months. Sorry to be the bearer of bad news.

 

[Jackson_Slugger]

Unfortunately, the inflation we're seeing this year is just a prelude of what's coming next year and in 2024. The PPI (producer price index) has been raging this year, and it tends to foretell what's going to happen with the CPI (consumer price index) in about 12-18 months. Sorry to be the bearer of bad news.

 

[Jackson_Slugger]

Yeah but gas prices are down...

 

[Skippy722]

I saw a guy on television last week say that inflation is 8%. My experience tells me it's much higher than that. The dog food that I used to pay $30 in 2020 is now $44. The lunch special that I used to get for 10.99 in 2020 is now 14.99. The salt for my water softener that was $4 is now $9. etc..etc..etc... I think we are even being 'gaslighted' on this issue just like most others.

Yep… used to be able to shop groceries for week at $200-$250 depending on what we needed. Now it’s hard to get out for less than $300 on the high end. Even our Aldi trip is up significantly, and we stopped shopping at Meijer.