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Harris 2024


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5 hours ago, Biden is Mentally Fit said:


 

Ha - Meathead chimes in.  Complete, divorced, no talent who rode his dad's coattails.  Funny.    

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2 minutes ago, Tiberius said:

She lost because of inflation 

 

The USA will very quickly have buyers remorse over this election. 

 

Get ready for a wild ride 

 

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17 minutes ago, Tiberius said:

She lost because of inflation 

 

The USA will very quickly have buyers remorse over this election. 

 

Get ready for a wild ride 

 

As someone who works in food distribution, everyday prices will greatly be impacted by lowering energy costs.  Its hard to pin point how much energy has actually cost us because of all the pass through costs from the vendors, but I know for a fact the utility costs within the company are up over 25% from 19/20.  Some of it is delivery especially with NYS allowing companies to increase costs over 20% in one year.

 

The other area that is killing us, is interest rates.  Most every company operates on an ABL.  The prime rate is a whole component of the interest rate a company pays on an ABL.  Lowering prime will result in millions that can be used to lower prices and get back customers.  Units are way down, and the fixed costs are becoming an issue.  Lowering costs will result in companies willing to lower prices to try and steal back units that have been lost over the 3 years.

 

I will say, deflation kills the stock market, but honestly, lower the prices for everyday Americans.

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