{"id":57316,"date":"2021-03-29T16:32:27","date_gmt":"2021-03-29T21:32:27","guid":{"rendered":"https:\/\/olduvai.ca\/?p=57316"},"modified":"2021-03-29T16:32:27","modified_gmt":"2021-03-29T21:32:27","slug":"inflation-comes-when-people-see-it-is-cheaper-to-buy-today-than-tomorrow","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=57316","title":{"rendered":"Inflation Comes When People See it is Cheaper to Buy today than Tomorrow"},"content":{"rendered":"
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Inflation Comes When People See it is Cheaper to Buy today than Tomorrow<\/a><\/h3>\n<\/div>\n
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COMMENT:<\/strong>\u00a0Dear Mr Armstrong,
\nI wanted to write in to affirm your observation of regular people buying now rather than waiting (The Bull v Bear in the US Markets). I had to buy a new dryer earlier in the year. It took 6 weeks to get the one I had ordered. I wanted to buy a new computer recently. Lenovo showed delivery in 12 weeks for the one I wanted! Another company I looked at was taking pre-orders for delivery beginning the end of May. I paid a little extra and went with a small manufacturer that could deliver within 10 business days. I bought an extra freezer so we can stock up. I actually tried to buy a freezer last year and couldn\u2019t get one at all, so I snapped one up as soon as they were available back in January.
\nMy wife just asked me if I wanted to get a new grill for Father\u2019s Day. I said, \u2018Let\u2019s buy that right now and put it aside. Who knows what will happen by Father\u2019s Day.\u2019<\/p>\n

J<\/p>\n

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REPLY:<\/strong> I remember the 70s well. Because of OPEC, not just gasoline was rising, but suddenly everything made of plastic was rising. For those who do not know, plastics are made starting with raw materials, such as natural gas, oil, or plants, which are refined into ethane and propane. Ethane and propane are treated with high heat, in a process known as cracking. This is how they\u2019re converted into monomers such as ethylene and propylene. The monomers ethylene and propylene are combined with a catalyst to create a polymer \u201cfluff,\u201d which looks like powdered laundry detergent…<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n

martin armstrong, armstrong economics, inflation,<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Inflation Comes When People See it is Cheaper to Buy today than Tomorrow COMMENT:\u00a0Dear Mr Armstrong, I wanted to write in to affirm your observation of regular people buying now rather than waiting (The Bull v Bear in the US Markets). I had to buy a new dryer earlier in the year. It took 6 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[5496,426,5479],"class_list":["post-57316","post","type-post","status-publish","format-standard","hentry","category-economics","tag-armstrong-economics","tag-inflation","tag-martin-armstrong"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/57316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57316"}],"version-history":[{"count":0,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/57316\/revisions"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}