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Biden's Economic policies are a plus
#52
(07-13-2023, 11:01 AM)Goalpost Wrote: I do think prices will still go down more, for what it's worth, without raising rates further.  For instance Pepsi reported earnings today.  They were asked if their prices were going down relative to CPI.  Answer....our prices lag because our costs get locked in. from 8 months earlier.  Translation....their current stock was the cost of inventory from back then, not now.  So...in 8 months Pepsi seems to saying you will see a greater effect.

The fact that people even spend money daily on cans and bottles of non hydrating carbonated high fructose corn syrup and dyes during a recession is sci fi level insanity when you spell it out. 

Think of how much we'd all save on healthcare (if they'd pass the savings onto us) if Americans could just agree that soda is extraneous crap. 
[Image: 4CV0TeR.png]
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RE: Biden's Economic policies are a plus - Nately120 - 07-13-2023, 11:11 AM

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