Price Warnings Thread - Price Changes Which You Can Expect

Dogman

Active Member
Have you seen the price of ammo at "cheaper than dirt"??? 2-3 times the normal price boycott those thieves..
 
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soyer38301

Active Member
Haave you seen the price of ammo at "cheaper than dirt"??? 2-3 times the normal price boycott those thieves..
Not the first time they have pulled this crap. Anyone that buys anything from them now is a moron. Takes all of 30 seconds to see thei inflated prices

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twp

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Last time I bought from them was about 2000. I bought MRE cases to take to the mining claim.
 

Atlas

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That's about when they went to the dumps. No later than 2004 or 5.
 
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Punty

Well-Known Member
I'm going to cut and paste something I posted in another forum.....something that really irritates me, as predictable as it is, and something that most people haven't really examined the notion and thought it through, they let their emotions do their thinking. Hopefully, this will provide some food for thought for folks who never really were interested in economics, but this C-19 crisis is an excellent course lesson in free market economics vs socialism.

Sometimes, the assumed problem is actually the solution, and we actually make the problem worse with our solutions;

This focus on price gouging is the perfect example of making a catastrophically stupid mistake by way of socialism.

What a completely idiotic thing to do.

First of all, it is a waste of government time and resources. Secondly, it is criminalizing something that is not criminal, and third of all, it guarantees that shortages will remain and be extended indefinitely.

It make the shortages worse, not better.

This is the universal error made by all big government socialists in every crisis. When I say "socialists", I include Republicans, who are just "socialism lite".

Look, if you have facemasks that normally sell for $1, and people are willing to pay $10 for them, you don't fucking go after the person selling them for $10!! You let them make $10 a mask, and everyone everywhere who has masks to sell will put them on the market, or ship them from wherever they are to wherever they are needed, and make them as fast as they can, and it will be done at lightning speed to take advantage of the demand!

BUT...if you shut down and prosecute people selling masks for $10, there is absolutely no incentive for people who have them to make them available, especially if making them available incurs costs like transportation that actually reduces profits.

Where shortages are a problem, price gouging is the SOLUTION! It signals the market to "MAKE THESE AVAILABLE NOW AND YOU WILL MAKE MONEY!"

Fundamental economics. Price signals are how the market communicates and coordinates supply vs demand.

By suppressing the price forcibly, you are suppressing the supply exactly when you need it the most.

This is a classic big government mistake that makes problems worse, not better.
 

Atlas

Administrator
Staff member
It really is too bad we don't live in a country with free markets. This might have never happened. I'm always blown away when socialists try and explain to me why free markets are bad.
 

jimLE

Member
i just came back from dollar general. not even the tiniest piece of toilet paper. and a fewboxs of kleenex.didn't see any paer towels.but they could of been on another aisle.
 

soyer38301

Active Member
My wife got lucky and found a 12 pack of TP at a Walmart of all places.

I was at Lowes last Sunday (im Marion) and they had paper towels out the ying yang. Limit 1 per and they were sticking to it.

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Atlas

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I have to believe that stocks will come back soon, unless the market is being suppressed, which is possible.
 
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soyer38301

Active Member
Went to the local grocery store this morning. Well stocked with everything, yes even TP! And yes I grabbed another package.

Meat shelves were full. Prices slightly higher, but there was stock of beef, pork, and chicken.

Eggs were slim pickens and high prices. Almost 5.00 per dozen for white eggs, the brown were under 3.00. So needless to say I got brown eggs



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Atlas

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That is great news. We are seeing similar here in our little town. We buy eggs from a neighbor, so I am not sure about prices on those from a store.
 

Dogman

Active Member
Amazon is really raking people over the coals..They have 16oz containers of coleman propanr for close to $40.00 for 4..You can buy the same thing at Walmart for $6.00+...
 

twp

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Can you say 'gouge'?
 

twp

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I'm reading anecdotal reports of canned meat shortages, like chicken.
Anybody have any actual reports from your local stores? Do you see canned meat still on the shelves?

We buy canned chicken breasts and occasionally some canned ham and tuna. This was Apr. 1st, 2020
 

Atlas

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We are in a price war with both Saudi Arabia and Russia. I'm not real sure how that is going to work out, but usually these things end with war.

I actually doubt the price of gasoline will go down because of this, because while the WTI price is negative the dynamics of situation dictates that there are costs for oil companies on both ends, whether it is the cost of the oil or the cost of the storage.
 
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Punty

Well-Known Member
I find it remarkable all the doom and gloom about the price of oil.

It's fantastic!

It's great for consumers, and after all, that should be the definition of how good an economy is doing, right? It's also great for businesses, because the cost of shipping and transportation is significantly reduced!

The only people losing money here are financiers and speculators...but for economics and business...nothing can be better than free energy, or cheap energy!

Don't lose your minds over the MSM telling you that the oil prices are a disaster...it;s actually fantastic. It has lost value as an investment commodity, and therefore, the only value remaining is supply and demand, without inflated asset prices built in. FANTASTIC! We will be reaping the rewards of this for months! People will keep more money in their pockets, and businesses will shave their expenses and make their profit margins fatter!

There is a fly in the ointment, potentially, of course, and that is this....

BANKS are the ones taking a bath on the oil prices. Banks drive up the price of oil by investing in it, marking it up, selling it at a markup, and so on. Depending on their financial situation, they could crumble and collapse, or at least some of them.

People forget...when Obama took office, gas was somewhere in the $1.80 per gallon range, because the crash of 2008 destroyed the banks' liquidity, and thus they had to step away from the oil trading scam for awhile.....and the price of oil collapsed to it's natural supply and demand price....it's commodity bubble popped.

That's what we see now, the oil commodity bubble popping, and that's actually a benefit...to consumers, to business....to everyone except banks and commodity day traders, who don't offer anything of value to society anyway.
 

Atlas

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That's not entirely true. My company just laid off 10% of its staff and gave everyone a 5% pay decrease. Oil employs a lot of people and it's not just bankers who feel the pinch when oil prices are low, but also the contractors who move oil and the small companies who produce it.
 

twp

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Don't forget the governments which tax both crude and refined oil products. They will feel a cut in revenue (less stolen from the consumers) and will try to recover that "loss" by raising tax rates. That will pinch the consumer harder.

If government taxes were to be relaxed (wishful thinking, I know), consumers would enjoy a lower price. Don't get your hopes up on that happening...

Right now, the consumer cannot afford to buy refined oil products (ie. gas and diesel). Not because of high prices, but because too many consumers have lost income. I wish I could predict how that will turn out, if/when we get back to full employment. I'm a pessimist, so I expect that the oil handlers AND governments will try to make up for lost "income" by raising prices, including higher tax rates. I hope I'm wrong in this, but we are talking about a government controlled commodity.
 
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