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  1. Lyinx

    Will employees still be useful in the future?

    MINDSET 
    exactly, 100 yrs ago you would find every spinster spinning wheels to make cloth now, it's done by machines and put unto big rolls and transported here and there in 100 years from now, the machines will spin it, cut it, and put it on the shelf, ready for someone to come by and pick it up (and...
  2. Lyinx

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    I keep seeing the mention about printing so much money.... I thought you'd like to see this....
  3. Lyinx

    The COVID 19 Mostly Free Stuff Thread

    start a bidding war, who gives the most money if you move there? Don't want to get political here with all the ways I see this as backfiring, but I'll just leave one scenario here, this automatically makes every property in W.V. worth $12,000 more than it was before this happened.
  4. Lyinx

    Which are technological open-minded countries ?

    When you have a big company (as I imagine your experiences in Germany are pointing towards) Large company A quick change/improvement upside: save $10,000 dollars Downside: lose $50,000 dollars if it flops Small company/startup upside: make new product, get paid $10,000 downside: go out of...
  5. Lyinx

    Amazon (and me) need to raise prices, as a service to the community/world

    I might be wrong here, but felt I had to share my thinking... If Amazon were to raise prices, it would encourage other people to start a business competing with them, thereby creating more jobs and competition, which means that Amazon needs to do a better job, and repeat the cycle (Raise...
  6. Lyinx

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    @JScott your linked in link is unlinked
  7. Lyinx

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    So, Basically 80% of the money in existence has been printed in my lifetime (93 till today)?!
  8. Lyinx

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    I can help your fears along with the fact that there is a crapton of money around... https://fred.stlouisfed.org/series/CURRCIR Notice where it starts increasing in supply of dollars? you can barely see it going up in 1970- but now its even higher... its called exponential, and it looks...
  9. Lyinx

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    hyperinflation, supply/demand... whatever you want to call it... here is something that I'm seeing: We buy coated webbing products, made in the USA, with materials sourced from the US and (of importance) some products used to make it come from Texas. the recent cold snap cut supply lines in...
  10. Lyinx

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    I've never been to a plywood factory but have seen some sawmills (not huge production) and they still need manpower on the floor. Granted, one man can now do what it would have taken 200 men to do a century ago, but you still need that one man. Same thing happens in the lumbering industry, you...
  11. Lyinx

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    just throwing my hat out there, I do think there is a slight inflation, but nothing close to the increased supply of dollars out there. I figured we had a few days to an economic disaster in Feb/March last year when the shutdowns happened, and boy was I ever wrong (and happy to be wrong) I've...
  12. Lyinx

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    I definitely agree with supply/demand driving prices,and I just had it hit home not long ago... labor is one of the biggest costs out there, right up with the shipping costs. Fuel prices going up (IMO, of course) will continue to go up due to the new admin's hatred of oil, so the oil industry...
  13. Lyinx

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    few months ago (last fall) I was looking at an alternate source of heat (propane) and needed to order a heater. they said I might as well get the order in and I could always cancel it. at that time they were expecting it to arrive end of December. Project has been put back for mid-summer due to...
  14. Lyinx

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    Yeah, stock market is nuts. My situation (Boots on the ground) Housing: under contract within a few days, plus % on top of asking price. Heard of one owner that had the property up for sale for a few years, wasn't really committed, finally got an offer large enough that he took it. Food: not...
  15. Lyinx

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    hows that for a FTM? time to start creating value!
  16. Lyinx

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    we have a builder that offers 2 options, contract rate or cost +10% we have gone with the cost +10% option and he gave me an invoice with totals with lines for each vendor, even gave me a refund check because they rebilled and saved him $30 buckls :)
  17. Lyinx

    I'm worried about the real estate market right now

    HOT! REAL ESTATE 
    I believed that we were crashing in Feb/March 2020 when the covid craziness started, laid workers off for 2 weeks (paid vacation). I KNEW the market was going to crash, and crash hard. Guess what? Business boomed, we hired new people (plus the old ones stayed on) and we are busier than ever.
  18. Lyinx

    I'm worried about the real estate market right now

    HOT! REAL ESTATE 
    90+ % of people know they are headed towards a wall, we have all been headed towards it for years, and have never gotten there, and we need something in the meantime (house/business/etc) and can no longer operate how it was before. So we keep buying.
  19. Lyinx

    How many of you guys pay virtually nothing in taxes due to write offs?

    HOT! TAXES | REGS 
    I wish I'd make enough profit that they went after me for the top brackets :)
  20. Lyinx

    How many of you guys pay virtually nothing in taxes due to write offs?

    HOT! TAXES | REGS 
    Someone complained about how much he had to pay in taxes, and my dad told him to be happy, that means he is making money. in fact, he should try to pay more in taxes (so that he is making even more money) there are some situations where someone doesn't pay taxes (up-front) but ends up paying...
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