Forum: HoseHeads Sprint Car General Forum (go)
Moderators: dirtonly  /  dmantx  /  hosehead

The moral of the story is that many ingredients are produced long before finished products arrive. People sat on their asses and collected what they thought was free money  We are now reaping what they sowed. It could be years before this mess is cleared up. The current political climate is delaying that time.

Groceries across the board are not up 50%.  Eggs in my area are up 300-400%.  Meat is up 50-75%.  There are a lot of items that are up big.  Some items have not even increased 5%.  Overall groceries, if you are buying a cart-full of groceries, are not up 50%.  Not even close.  I have a family of 4 and our grocery budget has not gone up even close to 20%.  

So, if you buy nothing but eggs and fresh meat, yes, your groceries are up HUGE!  Most people don't just eat the items that have sky-rocketed.  

By now you should be familiar enough with the forum to realize that Strawser's hobby is agueing.

Having a durometer reading rule instead of a tire manufacturer rule would be the best way to run things in any year. Unfortunately, that doesn't allow for some middlemen to take a cut.

I'm no economics major but I think it's pretty clear that prices are being driven by supply right now.  Take for instance sprint car tires.  Is there more races happening?  Are tires being used up quicker?  Are there more sprint cars racing today than 2 years ago?  I don't have exact numbers but from what I can tell the answer is no to all of those questions.  So demand hasn't changed from an obvious standpoint but the prices increased.  They work together it's not just demand that drives prices.

Low supply creates more demand for what is available.  I will clarify-----supply and demand.  There is a shortage, hence, thus, therefore, the supply is down meaning the demand for what is available, is up.  Period.  If 1/2 of the race teams in America fold up shop this summer, and costs for fuel, rubber, etc. stayed exactly the same, the price of tires would go down dramatically.  Why?   No demand.  

Ask a farmer if they can ask more for hogs or cattle simply because the price of feed goes up.  They will tell you no.  The price of hogs or cattle is driven by supply and demand.  The commodities markets couldn't care less what you spent to feed out a hog.  They sell based on supply and demand.  Eventually, the price of feed will dictate cost because less farmers will feed livestock, creating less meat, creating more demand, creating higher prices.  Everyone can pretend all they want that raw materials and fuel prices have driven prices up all they want.  That is a long term issue.  In the short run there is a supply problem creating huge demand for products no one has.  Soon, no matter what the fuel and raw materials prices are, things are going to be dirt cheap-----because most people will not be able to afford them.  Watch car and home prices over the next 12-24 months.  (cue sound of a bomb dropping)

No.............I haven't yet     

Nope - I just will not put up with B.S. that is all.

Let's go Sprint Car Racing!

Knoxville - Best Track In the USA!
Eldora - 2nd Best Track in the USA!

No, you can't handle the truth

I buy my meat from a farmer.   I will never buy meat at a grocery store as long as farmers can supply me with Beef and Pork.   We buy our chicken in 40 pound boxes, breast mostly and they have gone up by more than double.

 I am talking regular groceries.  I put into my budget everytime we go to the grocery store and it is up about 50%.  Our buying habits have not changed only the prices going through the roof.  Sorry to dissapoint you on that one!!!   We buy what we need not what we want.

By looking at my budget I can tell you where every dollar I spent and what it paid for.  I don't like it if I can't account for any money that we spent no matter where it was at.  I like to know where my money goes down to the last penny per say.

I went to the races last night and by looking at my budget I can tell you what I spent my money on last night.  I have a lot of notes on my budget spreadsheet.

Let's go Sprint Car Racing!

Knoxville - Best Track In the USA!
Eldora - 2nd Best Track in the USA!

I lost my step mother to covid. Thousands more died due to INACTION.
You supported an insurrectionist. When are you going to reap what you sow?

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Actually, you dish out more BS than anyone I see on here.

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Gigantic collection of photos from 1987-present.

https://fscpictorial.smugmug.com/

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He don't like it when people feed his own dish back to him.. He doesn't even go to races anymore, just bitches about what he sees on the tube. He wouldn't know the truth if it came up and smacked him. No need to say sorry to dissapoint you either, I'll just throw you in with the rest of the losers that dissapoint me. Handle that truth strawsac.

So you're telling me demand for sprint car tires has increased?  Because there's a shortage are teams buying more tires?  Sorry it doesn't make sense in this case.  Unless you can tell me how demand has increased (and I'm not talking about a farmer with his hogs or any other situation, I'm strictly talking about spriint car tires).

Just last Thursday I went to a memorial service for a person that died from covid. I don't care much for your idea of the moral of the story.

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Maybe it's not so much that demand increased as it's that the supply decreased and the manufacturer can't keep up. . I know it's a crappy analogy to use, but think about the whole toilet paper fiasco. 

Sorry---I thought you could read at a 3rd grade level.  SUPPLY OF TIRES IS DOWN---THEREFORE, DEMAND FOR THE TIRES LEFT, IS UP---not as many tires, same racers want less tires, more demand for existing tires......................how difficult is that to understand?

I also buy fresh meat and eggs most of the time.  I cannot fathom how anyone's groceries are up 50%--------if mine were up 25%, I'd be freaking out right now.  Thankfully, mine are only up a little more than what they are claiming the national average to be.   We did budget $200 per week towards the fall/winter of 2021, but over the past 2-3 months, it's been about $230.  (we don't buy much meat in that)  

You're exactly right Murphy.  And you said it better than I did.  He's not totally wrong he's just confused.  He's remembering snippets from his economics class in high school or college.  But the market price of an item is set by supply AND demand, they work together.  If you think of it as a graph and one line is supply of an item and the other is demand for the item, where those 2 lines cross would be where the market price would be set (if I'm remembering that correctly).  In this case demand is the same (unless there's something going on with teams buying more tires than normal?) but because supply is down the prices are going up.  In a normal economy typically supply is adjusted based on demand but in today's world that's not possible right now.  So he's not entirely wrong but his class didn't talk about a pandemic and what would happen if there is supply issues.  And he's not going to listen so there's no point in wasting anymore time with him (kind of like the winged/strawser).

I think the toilet paper fiasco was the exact opposite where demand out paced what the supply was.  In this case the supply stayed the same but the demand skyrocketed.

Can we leave this stupid shit off this forum. Do not ruin it b/c of your political opinion or your thoughts on what should of happened. 

Keep It Real