Inflation?

[pinecone70]

OMG, apple cider is $7/gallon this season. Cider is made from windfall apples, too, the ones nobody would purchase for eating or baking. I like to pick up a couple of gallons of cider in the fall to enjoy, but this is a bit too much to pay!

Sheesh. It has increased about two bucks a gallon!

[OBrien]

That seems to be the trend with everything.

[Suwannee Tim]

You are worth $7 per gallon pinecone, go for it.

[pinecone70]

Aw, that's so nice!

I was thinking about getting one gallon....

[pinecone70]

Oh boy! I found some cider for $5.99! Not as much of a giant ripoff, and it's pretty tasty too.

[Lotsdragon]

WTG Pinecone, prices are heading through the roof for some reason.......

[Suwannee Tim]

Maybe people are drinking more. If I was still a drinking man I would be drinking more. Now I just worry more until I get to worrying too much then I remind myself that God is still God and he is bigger than Barack Obama.

[fprefect]

Originally Posted by OBrien

That seems to be the trend with everything.

As I'm sure most are aware the government figures on core inflation do not include food and gasoline prices, their excuse being the price volatility often found with these little used and unimportant products, making any figures regarding inflation skewed and almost completely useless.

With the massive infusion of new fiat money with no corresponding growth in the economy can only dilute the value of the dollars already in circulation within the economy, thus leading to higher prices

We may not see it right away due to do the low velocity of money at present brought on by the unexpectedly high rate of savings, but given time it will work it's way into the the economy and the result with be a higher rate of price inflation that could last for a good number of years, depending upon any future borrowing and expansion of the the money supply, and of course there is always the 15+ trillion dollar national debt that will soon become unable to be serviced if it continues to rise at current rates or more likely interest rates return to levels seen in the 50s, 60s and early 70s.

One can live high on hog through increased indebtedness or the outright creation of new fiat money, but there will always be the time when the piper must be paid. Most likely we will pay for our excesses of the past 3 decades or so through a much higher rate of price inflation, and the corresponding drop in the standard of living that will come with it.

F. Prefect

[the morning light]

You hit it right on the head, fprefect, good post!

[pinecone70]

Huh. Well, there had to be one serious reply to this thread. Maybe my tongue-in-cheek feel didn't come across so clearly in the beginning, sort of a meaning lost in the written word....

It's just juice, squeezed from apples. And it's unreasonably expensive.

[Popgunner]

Best I can think is that it's still early for the apples to be harvested. After the harvest around November we usually see cider flood the stores at cheaper prices. This of course makes the floors sticky.

Well, I tried to be serious for a paragraph.

[oldogy]

My cousin and I used to make and sell it, good fresh stuff, ~55 years ago and sell it for 45-50 cents a gallon. Inflation takes its toll.
oldogy

[mrkirker]

Think of it this way, Pinecone: What is there, besides your firearms, do you 'indulge' yourself? Probably not a great deal. From observations made during your recent visit, you live 'close to the bone'. A gallon or two of cider, a simple treat, yet certainly enjoyed, and most certainly deserved! Hot & mulled, or chilled and sweating in a glass: Enjoy!

[pinecone70]

Are you suggesting I am a penny-pincher??

[mrkirker]

Penny-pincher?

Not at all! In my mind the phrase 'penny-pincher' has somewhat negative, Scrooge-like connotations.

Perhaps this falls into WTMI: But, living 'close to the bone', is muchly how I live. If I determine that I ‘need’ something, I purchase it. If I can do without it, I will do so, even though it might involve a bit of an inconvenience. For instance, I do not use the furnace to heat my home, unless the indoor temperature drops to 38º. Yes, it’s kinda chilly, and the shower experience is rather ‘brisk’! HOWEVER, I save a fortune on the monthly utility bill.

Another example: I wanted to build a shelf in the living room for a recently acquired armadillo. I found a perfectly good pine plank in a dumpster a few months ago, which fit the dimensions needed. It needed sanding and reconditioning, but it serves the wall well in it’s ‘new’ function. I’d have loved to have used a nice oak or walnut plank, but the cost was simply too dear!

I think the whole country would be better served if more of us lived ‘close to the bone’. Seeing these tendencies in someone else is kinda nice!

[pinecone70]

I know a couple of locals that think I'm foolish for buying used vehicles and not pouring money into all sorts of useless things. Heh!! Unlike them, I have bank accounts....

[mrkirker]

My point, exactly!

[obxned]

The government figures on inflation are reliable and honest, and I am too pretty to be a movie star, too rich to pal around with po' white trash like Bill Gates, and just too darn honest and humble to exaggerate.

In the real world, prices of the stuff we all have to have: food, clothing, utilities, housing, fuel, and even toilet paper, have been rising at an alarming rate. We would all be complaining about our stagnant wages except we are so thankful to still have a job.

[mrkirker]

Unfortunately, higher wages inevitably lead to higher cost of goods. There's a momentary respite, until all the elements in the chain of production catch up.

None-the-less, apple cider is good, esp heated on a hot winter day.

[artabr]

I was eyeballin' some apple cider in the store a couple of days ago but I didn't look at the price. I may have to get some during the next trip to the store. It's been several years since I've last tasted some.

Thanks for the reminder Pine Cone.


Art

[pinecone70]

Cider is goooood! Every batch is a little bit different, some sweet, some sour.