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It's not just tech, it's everything. Among other things, I run an online print on demand store. We have seen similar increases (some higher) on production, shi
by samwillis 3y ago
It's not just tech, it's everything.
Among other things, I run an online print on demand store. We have seen similar increases (some higher) on production, shipping, and advertising.
At the same time the consumer market struggles if we try and pass on the increases in whole to them. Not fun.
So this isn't really news, in a way.
There is almost two layers to inflation, that exposed to business and that passed on to customers. I suspect a metric based on business costs will show significantly higher inflation than the consumer based ones.
- jeffbee 3y ago> There is almost two layers to inflation, that exposed to business and that passed on to customers. Almost? https://www.bls.gov/ppi/ https://www.bls.gov/ppi/ https://www.bls.gov/cpi/ https://www.bls.gov/cpi/
- samwillis 3y agoFair point
- malfist 3y agoI order prints made by Bay Photo Lab, they do a really good job with metal astrophotography prints that are my main hobby. But over the last year or so their prices have more than doubled. Everyone else's has too. It's ridiculous. It's certainly impacted my order rate. Two years ago I ordered six prints, this past year I've ordered 2 and plan to order 1 more that was commissioned.
- Scoundreller 3y agoSounds cool, can we see what they look like?
- malfist 3y agoIronically the prints of the photographs don't photograph where because how glossy they are. But you're welcome to checkout my website where I post most of my photos! https://www.jeromehollon.com/astro/ https://www.jeromehollon.com/astro/ I've got a good backlog of ones to get up there though
- randomdata 3y agoNot everything. As a farmer, my prices are down 20-50% (depending on the product) over last year. I'd happily charge more, but without a willing buyer... A lot of what we sell is as futures, so realistically the consumer is only now getting around to buying the product we sold last year. I fully expect the conversation to be quite different next year as these declines work their way through the economy.
- samwillis 3y agoWhat have your costs done though? Last I heard, here in the UK was the fertiliser cost have come down since the astronomic highs of a year or so back. Chatting to a farmer friend back then it sounded mad what was happening.
- francisofascii 3y agoWhich products? Corn? I wonder if that means food inflation will start to subside and perhaps even reverse? As an aside, food stocks saw huge gains in the past year, but are starting to lose value in the last few weeks, for whatever reason.
- Natsu 3y agoIt'll keep happening as long as people don't understand where inflation comes from. https://www.noahpinion.blog/p/price-controls-too-early-for-a-victory https://www.noahpinion.blog/p/price-controls-too-early-for-a...