Used prices going up, up, up - Tractor Futures!

[jyoutz]

Just keep inflation sky high through November to wipe out the Dem majorities

Low interest rates have been with us for at least the past 5-7 years, under the leadership of both parties.

 

[Snobdds]

Just a supply and demand issue. When supply is more than the demand, prices go down and vice versa.

It's a money supply issue. There is a lot of funny money looking for an asset. Every asset class is at all time highes, it tells you everything you need to know.

 

[Snobdds]

Dude, I literally teach economics. Your statements clearly show you don't understand economics. Attempting to regurgitate something you read on the internet will not magically help you understand the words you type. Just stop. Fed policy is only part of the problem. Massive influx of federal dollars into an already smoldering economy has quickened the inflation. The Fed is trying to take a measured approach, but it is like trying to stop the Mississippi with balsa wood. The supply chain issues are just a boil on the backside of an elephant. Those, too are caused, in part, by poor policies. If the supply chain issues were magically fixed tomorrow, the prices of new equipment would not drop.

You would know as well as I do, the .gov component of the gdp calculation was never meant to be as big as has become.

Modern monetary theory was a fringe theory that was laughed at when I was in school. Now it's mainstream and driving the ship.

 

[Snobdds]

you off blount county rd 27 ?

Wrong web site. Grinder and tbn are easily confused.

 

[kenmac]

Wrong web site. Grinder and tbn are easily confused.

What ??? Grinder ???
I'm Not confused at all. Their profile states they are from an area that share a similar name close to me .

 

[Torvy]

If you listen to what Jerome Powell has been saying since 2019, he has been warning congress of high inflation under current policies. This did not just happen out of the blue.

“In order to move rates up, I would want to see inflation that’s persistent and that’s significant,” Powell said at a (2019) news conference in Washington. “A significant move up in inflation that’s also persistent before raising rates to address inflation concerns: That’s my view.”

Fed Chair Powell says he would want to see persistent rise in inflation before hiking rates again

Thanks for proving my point. You cannot understand Econ by simply searching the web and pulling quotes from a website and assume that you or the reporter actually understood the context in which the quote was made. In 2019 the inflation rate was 2.3%

Current US Inflation Rates: 2000-2025

The annual inflation rate for the United States was 2.7% for the 12 months ending June, compared to the previous rate increase of 2.4%, according to U.S. Labor Department data published on July 15, 2025. The next inflation update is scheduled for release on August 12 at 8:30 a.m. ET, providing...

www.usinflationcalculator.com

 

[Hay Dude]

Thanks for proving my point. You cannot understand Econ by simply searching the web and pulling quotes from a website and assume that you or the reporter actually understood the context in which the quote was made. In 2019 the inflation rate was 2.3%

Current US Inflation Rates: 2000-2025

The annual inflation rate for the United States was 2.7% for the 12 months ending June, compared to the previous rate increase of 2.4%, according to U.S. Labor Department data published on July 15, 2025. The next inflation update is scheduled for release on August 12 at 8:30 a.m. ET, providing...

www.usinflationcalculator.com

He and his search engines know more than you.

 

[Torvy]

What ??? Grinder ???
I'm Not confused at all. Their profile states they are from an area that share a similar name close to me .

I think his point was that if you are trying to touch base with someone about a personal question, maybe do it via PM rather than in the middle of a thread.

 

[ruffdog]

Thanks for proving my point. You cannot understand Econ by simply searching the web and pulling quotes from a website and assume that you or the reporter actually understood the context in which the quote was made. In 2019 the inflation rate was 2.3%

Current US Inflation Rates: 2000-2025

The annual inflation rate for the United States was 2.7% for the 12 months ending June, compared to the previous rate increase of 2.4%, according to U.S. Labor Department data published on July 15, 2025. The next inflation update is scheduled for release on August 12 at 8:30 a.m. ET, providing...

www.usinflationcalculator.com

Gee....then what was the chair of the FED talking about then? It seems he had concerns of impending inflation going back to 2019. Maybe they actually look years into the future trying to predict trends?

 

[ruffdog]

He and his search engines know more than you.

Yeah, but even the high school home ec teacher can get it wrong.