Price increases and shortages

Rhodie Ranch

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Computer chips fit into an interesting problem, as they are REALLY tied to how China is doing. No just because they make a lot of them but because the rare earth metals we need for them are almost exclusively found and mined there. It's the reason why I have serious doubts that the U.S. (and indeed the Western world) will EVER go on full war with China not matter WHAT they do. They only have to stop exports of the metals, and out ability to wage high-tech war crumbles (and they have too many people and too much military for a low tech war to work out in or favor).
This is very correct. PG. One of my brothers' works for Intel (for over 20 years now) and they are having a heck of a time supplying chips. This has caused slow down in production of autos, appliances, computers, printer, anything with a chip.

He told me if we needed a new computer, to buy it now as its skyrocketing in prices due to the shortages. He has a mother board that is going out, and the price for a new one is three times what he paid for it.
 

baymule

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The term being used nowadays is Reflation.

"It is important not to confuse reflation with inflation. Firstly, reflation is not bad. It is a period of price increases when an economy is striving to achieve full employment and growth."

"Inflation, on the other hand, is often considered bad as it is characterized by rising prices during a period of full capacity. G.D.H. Cole once said, "reflation may be defined as inflation deliberately undertaken to relieve a depression."
Reflation. Sounds like a BS word to keep the masses from getting restless.
 

baymule

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Something else that will be in short supply is chicken. I’m raising my own, y’all need to get it while you can. On national news this morning it was said that some chicken themed restaurants close 1 day a week because they can’t get enough chicken to keep the doors open.

I am paying $8 PER BAG MORE for chicken feed this year than I did last year. A lot of the times there isn’t much of it either. I’m glad I got an early start this year.
 

Chickenma

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my husband works for a car dealership and it’s the same there. Running out of cars because the new cars are still sitting at the manufacture waiting for the some kind of chips that again are coming from China.
 

seedcorn

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Something else that will be in short supply is chicken. I’m raising my own, y’all need to get it while you can. On national news this morning it was said that some chicken themed restaurants close 1 day a week because they can’t get enough chicken to keep the doors open.

I am paying $8 PER BAG MORE for chicken feed this year than I did last year. A lot of the times there isn’t much of it either. I’m glad I got an early start this year.
$8 more? Grain is higher but not near that much.
 

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