Did the Institute deny the data in their own financial statements? You lying stupid punk.
Consumer Prices Up 6.8%, It's the highest inflation rate since 1982
- Thread starter i am herdman
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Just admit it. You dont know what the impact of reducing "gross profit" is or why it is actually important for a business who experiences the increase in costs seen across the economy. You're too stupid that it actually blows up your argument that businesses dont want to sell their goods and are not selling their goods. You're a moron. Pure and simple. You see the word "profit" and that's it. We see why you were never bigger than a woodshed "business".
"I passed on the cost of the lumber to the consumer. I did not raise my labor cost"
You're a lying idiot trying to justify an obvious immoral and unethical practice. I expect nothing more from you. punk.
raleighherdfan said:
We see why you were never bigger than a woodshed "business".
You don't see anything. Punk.
We see why you were never bigger than a woodshed "business".
You don't see anything. Punk.
Yep. The woodshed "owner" trying to explain to us accounting and finance for much larger company operations. Bahahahaha. I expect nothing more from a guy who managed a hobby.
didn’t see your original reply with all of your name calling posts. The point isn’t whether you raised labor costs the point is you raised costs because you had to to maintain your current labor costs. You could have eaten the increase in materials if you wanted to.lo but you didn’t to maintain your cut just like the other evil business owners trying to make a buck
Did the Institute deny the data in their own financial statements? You lying stupid punk.
You're proving to be as big an idiot as the rest of your ilk. At no time have I stated that it's wrong to increase prices to maintain a profit. My point the entire time is that some businesses are increasing their prices much more than is necessary to maintain that profit. If you haven't figured that out, that's your fault.
This is why you're such an imbecile. You cant judge this by simply looking at a "gross profit" standpoint. Go back to your woodshed hobby.
I'm not looking at gross profit you idiot. You want to apologize for the net profit margin while you're at it?
You most certainly linked me to an article that used it as it's source of "truth". You keep referring to it "institute denying data" you blathering fool. You have to look at it when discussing any kind of profit and the effects of costs on business. Go back to your woodshed hobby idiot.
"But it looks like inflation is getting set to jump the rails to the service sector where labor costs make up the bulk of prices. If labor costs accelerate given the recent spike in inflation, the Fed will be facing “a very uncomfortable situation,” he said.
Greed is a moron
Another reason why Greed's "analysis" article is short sighted and more political than informational. Businesses dont always have the luxury of waiting for their costs to jump before instituting price increases. What is today's "gross profit" will be tomorrow's "gross losses" quickly. Companies behind the curve end up like Greed's former woodshed hobby. Dead.
Greed is a moron
Another reason why Greed's "analysis" article is short sighted and more political than informational. Businesses dont always have the luxury of waiting for their costs to jump before instituting price increases. What is today's "gross profit" will be tomorrow's "gross losses" quickly. Companies behind the curve end up like Greed's former woodshed hobby. Dead.
The consumer price index is going off the rails. Last I heard it was 6.8 % nationally ans some localities hitting 8%. It is about to go to critical levels if they don't stop and the liberals want to do more spending. We are going to get in national level of emergency proportions if it doesn't get under control.
No one is saying there's no inflation you stupid, lying punk. I'm telling you you're blaming the wrong thing. Dolt.
Producer price index jumped 9% year over year. I’m sure it’s just because everyone is greedy
www.cnbc.com
Wholesale prices measure rose 9.6% in November from a year ago, the fastest pace on record
The Labor Department's producer price index was expected to rise 9.2% in November from a year ago, according to FactSet.
Sure, you think we don't like delivering products? You think we liking shipping partial orders? Having account receivable and PO's hanging out there? Get real
Supply side failure is the problem. And by the way, you're a lying oath breaking idiot.
Biden's going to blow it with these prices on everything and shortages.
His only hope is to magically end this bullshit disease next spring. If it goes longer than that, goose is cooked. Trump could be the next Grover Cleveland.
As much as he sucked and caved, I'd probably still vote for him again if I'm alive to do it. I can't vote for $3 gas.
His only hope is to magically end this bullshit disease next spring. If it goes longer than that, goose is cooked. Trump could be the next Grover Cleveland.
As much as he sucked and caved, I'd probably still vote for him again if I'm alive to do it. I can't vote for $3 gas.
That^^^is only one of the many reasons I state correctly that you're a moron. oath breaker.
nobody here agrees with you on the subject where you spout supply side failure and holding back product , nonsense
Supply....side....failure. Period. Any and everyone that agrees with you is also an idiot. That's a common occurrence on this board.
