2021 shortages

[Expat]

Local news just did a story that furnace parts are in short supply.

 

[wcd]

I don't think it's an actual, like, "pepper shortage". They just can't freakin' keep up with stocking their shelves. Been a problem since before covid.

Yeah but prices are through the roof. So still kind of glad we had more than enough lol

 

[Route 45]

Yeah but prices are through the roof. So still kind of glad we had more than enough lol

$4 a pepper is ridiculous. They're $1 each here, and in stock. 79 cents for green bell peppers.

 

[2in1evtime]

My wife just found 10 pound bags of beef jerky from a amish site for 69.99 a bag she ordered 20 pounds

 

[bwframe]

My wife just found 10 pound bags of beef jerky from a amish site for 69.99 a bag she ordered 20 pounds

No link?

 

[2in1evtime]

No link?

Home - Dutchman's Store

www.dutchmansstore.com

 

[bwframe]

Home - Dutchman's Store

www.dutchmansstore.com

Thank you!

 

[Leadeye]

I saw some head honcho for a national shoe store chain talking about their problems getting shoes. It seems he had a number of containers on one ship that sat in the ocean hot damp air for an extra 100 days. Once the shoes got to the main warehouse, the boxes were wet and the shoes were moldy. The whole order had to be destroyed. Clothes would be subject to that kind of loss. Not to mention, all the loading, trucking, warehouse and other handling is all wasted.

When covid started I had the wife buy extra sets of shoes for us both.

 

[Leadeye]

Local news just did a story that furnace parts are in short supply.

Yikes! That's scary.

 

[teddy12b]

When covid started I had the wife buy extra sets of shoes for us both.

I always try to stay ahead of the game on shoes / boots. My kids are still in the age where I'm lucky to get 8 months out of a pair of shoes. The value of good fitting and functional footwear can't be understated.

 

[freekforge]

We are picking up production on a couple parts at work. We were importing from China with shipping costs of $8000 per container now its $25000 ish and stuck at a coast. We were able to get parts from Korea for a little more production cost but a lot cheaper shipping but we cant get those in now either. But all the workforce issues are screwing us over. We are working the few guys we have to death on parts that we normally just import. And now the raw material is dwindling so we have that chaos to look forward to. Really strange times.

 

[Bugzilla]

Traded our RV camper on a new one a few weeks ago. Got a letter from the manufacturer that the propane regulator has a recall (made in china) but they do not have any to replace them with. Send in the SN of yours and they will determine if it is being recalled and get back with you when they get more in stock.

 

[teddy12b]

We are working the few guys we have to death on parts that we normally just import.

This is exactly what's happening in my industry. Those of us who are showing up every day haven't seen a break in some time. Many people here are already over 3,000 hours for the year. Worst part of all this is that the companies and all these jobs are getting hit with so many extra costs that companies are barely staying in the positive numbers for the year. I'm part of a business group of over 60 different companies in different industries and everyone is dealing with the same issues.

 

[AtTheMurph]

Closing manufacturing in America and shipping it overseas, putting people out of work so the company can make a few percentage points more on the bottom line...
Everything being made in china has finally come home to roost.

All the things you mentioned are a by product of the fiat US dollar being the world's reserve currency. Economist Robert Triffin wrote about it in the 1950-60s. The Triffin Dilemma.

The Word demands dollars for trade. The US supplies said dollars and can run trade deficits because we trade newly created dollars for actual goods and services. the demand for dollars increases the price for dollars. This means that US citizens live an outsized lifestyle because they live and work under a dollar denominated system.

Imported goods seem relatively cheap. Domestically made goods become relatively expensive. manufacturing necessarily moves off shore or else goes bankrupt. It has zero to do with American workers or businesses and everything to do with the dollar as reserve currency.

That status will end at some point and standard of living in the USA will collapse. But manufacturing and other jobs will return as will all those trillions of dollars that were created driving inflation to heights never seen before in the USA. It's going to be bad but we don't know when.

 

[Franc]

I've glanced over an article warning of the coming glut of everything. Guess we can never catch a break!

 

[BehindBlueI's]

All the things you mentioned are a by product of the fiat US dollar being the world's reserve currency. Economist Robert Triffin wrote about it in the 1950-60s. The Triffin Dilemma.

The Word demands dollars for trade. The US supplies said dollars and can run trade deficits because we trade newly created dollars for actual goods and services. the demand for dollars increases the price for dollars. This means that US citizens live an outsized lifestyle because they live and work under a dollar denominated system.

Imported goods seem relatively cheap. Domestically made goods become relatively expensive. manufacturing necessarily moves off shore or else goes bankrupt. It has zero to do with American workers or businesses and everything to do with the dollar as reserve currency.

That status will end at some point and standard of living in the USA will collapse. But manufacturing and other jobs will return as will all those trillions of dollars that were created driving inflation to heights never seen before in the USA. It's going to be bad but we don't know when.

Serious question: Why are some currencies stronger than the USD? I understand the argument about the Triffin Dilemma and it makes sense in most ways. People a lot more educated on the matter and smarter than me buy into it so I get that I'm probably missing something. Some of the currencies are pegged to the USD, but not all. I also understand that exchange rate isn't the entire argument for purchasing power, so just because the Euro or whatever trades at a premium doesn't mean you can buy as much with it. I don't get the exceptions, like why the pre-Euro Cypriot Pound was so strong.

 

[Magyars]

Bread next?

The apocalypse is near! Food production collapse! Soaring wheat prices from the U.S. to Russia are raising bread costs - Strange Sounds

Wheat prices are surging from the U.S. to Russia, hitting a record in Europe and raising bread costs all over the world. And there may not be much relief soon. The crop – grown on more land than any other – was hit by droughts, frost and heavy rain this year in key exporters. That’s […]

strangesounds.org

 

[DoggyDaddy]

Bread next?

The apocalypse is near! Food production collapse! Soaring wheat prices from the U.S. to Russia are raising bread costs - Strange Sounds

Wheat prices are surging from the U.S. to Russia, hitting a record in Europe and raising bread costs all over the world. And there may not be much relief soon. The crop – grown on more land than any other – was hit by droughts, frost and heavy rain this year in key exporters. That’s […]

strangesounds.org

Looks like I may have picked a good time to cut back on carbs.

 

[BehindBlueI's]

Bread next?

The apocalypse is near! Food production collapse! Soaring wheat prices from the U.S. to Russia are raising bread costs - Strange Sounds

Wheat prices are surging from the U.S. to Russia, hitting a record in Europe and raising bread costs all over the world. And there may not be much relief soon. The crop – grown on more land than any other – was hit by droughts, frost and heavy rain this year in key exporters. That’s […]

strangesounds.org

Well, a news article that ends with wheat prices forecasting the end of days may be a bit...hyperbolic.

But wheat prices are definitely up. The good news is in the US it won't hit us that hard since we don't need container ships to get wheat to millers or consumers. The log jam of shipping will actually help US consumers in this instance, since wheat that can't get to foreign markets will remain in domestic markets regardless of higher offered prices abroad. Russia should be fine for the same reasons plus their protectionist system that is now discouraging export in favor of domestic markets.

Developed nations won't really notice at the grocery store level. Even if wheat prices double, a $2 loaf of bread goes to $2.20 if every cent of increased cost can be passed to the customer.

Where it's going to suck the most is where it always sucks to some degree. Poor nations with high population densities that rely on imports to survive and who have weak currencies.

 

[armalitesheepdog]

Lookin like our Cats and Dogs will be feeling it too.
This is what we found at Petsmart.