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Price Increases

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Re: Price Increases

Post by CanuckBob on Wed Jan 11, 2017 8:03 am

And if/when the USD swings the other way they won't likely lower prices.

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Re: Price Increases

Post by Clueless on Wed Jan 11, 2017 6:58 pm

RichD wrote:Sounds like free enterprise to me, DaveP.

At the turn of the century in the U.S., Sears placed a massive order for buggy whips with the only company in the area that made them.And Sears paid good.

So the company turned down other orders in favor of Sears. At the end of the contract, Sears said it wanted more buggy whips, but would only pay about 10% of what it had the first year.

Company said "No," but found all its former customers had disappeared in favor of other vendors.

True story of "free enterprise."
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Re: Price Increases

Post by RichD on Wed Jan 11, 2017 7:22 pm

That Sears thing is acceptable as a metaphor 'cause fact it ain't.

Overheard today at the American Legion dinning room, "All prices are going to be increased 10% across the board."
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Re: Price Increases

Post by MexicoPete on Wed Jan 11, 2017 7:59 pm

What I don't get is how many publications talk about the annual inflation is below 4%.

Well maybe it was, but apparently it's about to go up up up ?
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Re: Price Increases

Post by David on Wed Jan 11, 2017 8:01 pm

The increase in gas prices is certainly inflationary!
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Re: Price Increases

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