Coker Tires

[ford38v8]

Originally Posted by Tim Ayers

So, a few of you here who have posted own your own business. Have you ever raised your prices in order to keep up with salary, inflation, cost of raw materials, shipping? I would certainly hope so.

I have a good friend is one of the top chefs/names in prime steaks. He said, for the first time ever, his cost of shipping is the same as the cost of product.

This is the definition of a free market. Costs peculiar to a specific business certainly do play a role in price increases, but need not be isolated to do so. More significant are the overall inflation levels of the economy and the supply and demand of the product in question. Markets also adjust pricing in anticipation of future conditions, such as the movement of home prices in anticipation of changes in mortgage interest rates and availability. It's not a conspiracy, it simply reflects the need to stay competitive in a free market.

[Tim Ayers]

Originally Posted by ford38v8

This is the definition of a free market. Costs peculiar to a specific business certainly do play a role in price increases, but need not be isolated to do so. More significant are the overall inflation levels of the economy and the supply and demand of the product in question. Markets also adjust pricing in anticipation of future conditions, such as the movement of home prices in anticipation of changes in mortgage interest rates and availability. It's not a conspiracy, it simply reflects the need to stay competitive in a free market.

I agree. I posted this in response to comments about a company raising their prices. Hard to find tires for these old cars, so we'll either need to pay, boycott their products or make our own.

Any business that wants to stay in business and is losing money while selling a product won't be in business much longer.

[Tinker]

Originally Posted by ford38v8

This is the definition of a free market. Costs peculiar to a specific business certainly do play a role in price increases, but need not be isolated to do so. More significant are the overall inflation levels of the economy and the supply and demand of the product in question. Markets also adjust pricing in anticipation of future conditions, such as the movement of home prices in anticipation of changes in mortgage interest rates and availability. It's not a conspiracy, it simply reflects the need to stay competitive in a free market.

In a free market also, a good product that is cheaper, then another product that doesn't have to worry about stock holders, will also do well too.


It has been mentioned by some in the political economic abyss that 3 yrs ago we were a energy self-sufficient country, that is not true. We did pump out natural gas to other countries though. But we do not have a tap on gas. Otherwise it wouldn't fluctuate here dramatically so much creating issues??? Would be pretty easy to stabilize an economy by just making energy cheap for a bit. Oh course with some profit. I'm not a commie. No the pipe line from Canada oil sands wouldn't make a difference. Refining oil sands is only profitable after gas is $3 a gallon. Luckily we have a diverse economy here not completely based on oil like some countries.

We pumped 3 trillion into the economy just a couple years ago. Lot of free cash, 80% to businesses. Not sure it's trickling down yet.

Shifting chip manufacturing more locally is a good thing. Probably help with that supply chain issue too. Hard to just get things from canada lately.... Along with utilizing other areas that are not authoritarian, like India ect for Walmart stuff.


All just general stuff at the 50k level.