DEFLATION: Comin-in strong

[errolanderson]

It must be good news......

Lower gas prices is good news for consumers. It must have to be bad news . . . . Media reporting hasn't been worse in my career.

[sumdumguy]

I hope this time around Sask Energy is locking in these prices. It won’t always be in da dumps.

[Hamloc]

Well I am going to give everyone a good laugh today. Stopped at UFA to buy cat litter for my barn cats. The last time I bought it, roughly a month ago it was $18.98 for the 40 lb. bag I buy. Today same exact brand and size $21.98, this is up from the $12.98 I would have payed 2 years ago. Still looking for this mythical deflation!!

[errolanderson]

Well I am going to give everyone a good laugh today. Stopped at UFA to buy cat litter for my barn cats. The last time I bought it, roughly a month ago it was $18.98 for the 40 lb. bag I buy. Today same exact brand and size $21.98, this is up from the $12.98 I would have payed 2 years ago. Still looking for this mythical deflation!!

If market price action were a family . . . . INFLATION would be the bubbly, carefree, somewhat reckless one . . . DISINFLATION, likes to party, but is cautious, knows limitations. . . DEFLATION, is careful with money somewhat recluse . . . and then there’s GOUGING, well, nobody talks about gouging.

[Old Cowzilla]

GOUGING might be a mild term my daughter's Toronto apartment 10 months ago was $1550 /month when she moved now when she checked this month same place is $2200. $1550 at % 8 inflation =1674 not 2200. This is what a lot of folks are dealing with these days in the higher population areas. The level of hurt has a long way to go yet I'm afraid.

[biglentil]

The same ones that told us that inflation is transitory are the same ones telling us inflation has peaked. Never take advice from the serially wrong, unless to do the opposite. Inflation is the expansion of the money supply a rising CPI the symptom. The printing presses are running faster than interest rates, there is continually more dollars chasing fewer goods. Even in a stable environment the dollar has continually lost purchasing power, the world is destabilized more than ever, M2 growth the fastest in modern history and somehow the dollar is going to regain purchasing power. Give me a break.

[Guest]

GOUGING might be a mild term my daughter's Toronto apartment 10 months ago was $1550 /month when she moved now when she checked this month same place is $2200. $1550 at % 8 inflation =1674 not 2200. This is what a lot of folks are dealing with these days in the higher population areas. The level of hurt has a long way to go yet I'm afraid.

unfortunately this is what toronto voted for

[blackpowder]

One little exercise for us all to consider. Cap your wage transfer from your corporate to your personal account at $1000/week.
A sobering reality for over half our population.

[errolanderson]

The same ones that told us that inflation is transitory are the same ones telling us inflation has peaked. Never take advice from the serially wrong, unless to do the opposite. Inflation is the expansion of the money supply a rising CPI the symptom. The printing presses are running faster than interest rates, there is continually more dollars chasing fewer goods. Even in a stable environment the dollar has continually lost purchasing power, the world is destabilized more than ever, M2 growth the fastest in modern history and somehow the dollar is going to regain purchasing power. Give me a break.

Call me weird, but inflation has both peaked and transitory.

Inflationists never mention the ‘D’ word . . . Debt. Printing buckles of money offers little protection to the intensity of deflation now hitting markets. Debt crisis amplified by insane rate hikes at the worst possible forcing asset prices to pennies-on-the-dollar.

Whats’s ahead is a serious changing of the guard to rejuvenate the economy. Inflation can no longer protect the indebted . . . .

[TOM4CWB]

The obvious solution is to change the way ‘ inflation’ is measured… which they are in the process of doing…

A new term has already been coined ‘Disinflationary’ the Emperor used this term last week…

I saw an interesting protection on gasoline prices…

Some folks say as more EV’s take the place of gasoline/ICE powered vehicles…. Gasoline will fall in price….

Not.

Oil refineries will reduce supply… prices will not fall… new refineries won’t or can’t be built by new industry participants… onerous environmental restrictions make new fossil fuel capabilities uneconomic….

Biofuel capacity is increasing because subsidies and ethanol is cheaper than fossil fuel… ESSO is spending $800M in Edmonton…. On biodiesel…refining… United Airlines is going to build ethanol biodiesel production facilities….

None of this is disinflationary… therefore since energy costs are unlikely to decrease….

Food production is being restricted…, nutrient restrictions, nitrogen restrictions… the cost of agricultural land… is only increasing….


Reports of up to $600/ac/yr US cash crop land rent…recently paid in 2023….

Equipment cost, wages, no disinflationary indications on the horizon… drought in the Midwest…


Cattle cycle short of breeding animals…



Well over 40% of meat consumption is beef… drought has reduced inventory considerably… while consumption is increasing…

Disinflationary indications are few and far between…

Putin is very likely to continue to squeeze the western world… inflation is not over.

Blessings
Cheers!