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You're right that fuel prices have risen. But usually the impact of fuel prices is mostly felt on bulkier, lower cost items first. After all, a truck can carry
by michaelt 7mo ago
You're right that fuel prices have risen. But usually the impact of fuel prices is mostly felt on bulkier, lower cost items first.
After all, a truck can carry a 10kg sack of rice, or a 10kg nvidia gpu. If shipping costs for 10kg rise by $15 the sack of rice has doubled in price, but the GPU is only 0.5% more expensive.
- kube-system 7mo agoFor a truck yeah, but across the ocean, it isn't quite that simple because GPUs and grains are sent in different types of ships (or different modes entirely) that aren't interchangeable.
- michaelt 7mo agoYou're right - perishable goods have to be shipped fast. Your bananas, berries, fresh fish, and not-fron-concentrate juice can't be on some slow-steaming container ship with the furniture, clothes, building materials and vehicles. The GPUs can though.
- selectodude 7mo agoAnd the GPUs are such high margin that they all take an airplane anyway.
- kube-system 7mo agoThat is other “different mode entirely” that exists to go across an ocean :)
- kube-system 7mo agoRice is a nonperishable grain. Grain ships in neither of those. Grain is shipped in bulk carriers
- CTDOCodebases 7mo agoNot all increases in prices are reactive. Some are anticipated. Inertial inflation is real.