2022 Inflation Hitting eBay shipping again!!

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Don't see a strong correlation between ruling party and inflation - no matter who's in charge, overwhelming odds are that your money's going to keep losing value. 

Over the course of Reagan's presidency a dollar became 73 cents. I think that - as usual - anyone blaming a president or party is doing exactly what they want you to do.

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In that chart, does Annual Change refer to the value of a dollar against some constant?
What is the graph at the very bottom?
Also, there appears to be a dramatic drop in inflation between 1981 and 1993, the Reagan - Bush years.

Please be careful  with  skirting politics 
 We have some very  sensitive members  who will cry foul  
The management 

Happy New Years
Dave

And what is with all the ebay ads I have been seeing and hearing lately?


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In that chart, does Annual Change refer to the value of a dollar against some constant?
What is the graph at the very bottom?

Probably cpi -
The Federal reserve has something called the consumer price index (cpi) which tracks the price of various items.
However food and fuel are not included in the cpi so the price of bananas could go from 58 cents per pound to $42 for half a banana and the Federal reserve would say there is no inflation.
Same for gasoline, gasoline could go to $44 per gallon and the Federal reserve would say there is no inflation.
This chart and other charts you find on the internet under report inflation because they do not track the real inflation rate of things people buy.
The real inflation rate from 1941 to 2020 is *24, $500*24(1941) = $12k(2020)
The real inflation rate from 1973 to 2020 is *6, $2000*6(1973) = $12k(2020)

The chart comes from here -
www.macrotrends.net/countries/USA/united...s/inflation-rate-cpi

Also, there appears to be a dramatic drop in inflation between 1981 and 1993, the Reagan - Bush years.

There was high inflation in the late 1970's
Paul Volcker, head of Federal reserve, raised the interest rate to 22% in 1981 which stopped run away inflation.
He died recently in December 2019.
www.macrotrends.net/2015/fed-funds-rate-historical-chart
en.wikipedia.org/wiki/Paul_Volcker

If you like humor -
Quantitative Easing Explained - youtube.com/watch?v=PTUY16CkS-k&t=201s
Does the Goldman Sachs give him a good price ?
Of course not they are the Goldman Sachs, they make their living ripping off the American people.
Is this an episode of the Twilight zone ?
I don't think so.

youtube.com/watch?v=n0NYBTkE1yQ&t=159s
Alan Grayson asks Bernanke - Which foreigners received the $553 billion (yes billion).
Bernanke gives a vague reply and at one point says I don't know.

The "Federal reserve" is a private corporation (not part of the federal government) and they don't have any reserves.
They have been doing a fine job destroying the value (purchasing power) of the American dollar for 109 years.

We calculate CPI here in Canada too, although at least one component is done a bit differently than in the USA.  The point to remember about CPI is that it's an estimated average across an entire country, a wide range of incomes and also a wide range of ages.  Organizations tend to use it but it may not represent very accurately your personal circumstances.  For example, a young couple living in NY City with a mortgage and two kids in diapers will experience a different inflation number than someone like me who is a senior with no mortgage and living in a small town.  Bottom line is that CPI is not one single number as it's portrayed, but rather lies a range depending on a few personal circumstances.

on reading all the above its very costly to buy parts on ebay plus shiping  even in your own country ,given the us is so big .i have brought exhaust and some other small parts  from the us back to the uk   then pay import duties on the cost ,but if i knew someone who went between both countries i would give them a list and they would be my best mate ,any offers david

Most new parts and accessories selling on E-bay can also be found on Amazon. But not used parts. Do you have to be a big time operation to sell on Amazon?

wrote:

Most new parts and accessories selling on E-bay can also be found on Amazon. But not used parts. Do you have to be a big time operation to sell on Amazon?

 

Amazon is pretty easy to use as a small seller. HOWEVER, you need to be very careful with how you set up your inventory; you're going to want to keep the inventory at your own storage facility and mail it out directly rather than relying on Amazons logistics.

The reason is that a few years ago, Amazon warehouses started combining inventories of sellers.
Seller A buys widget X and sends it to the amazon warehouse for storage and to allow amazon to handle shipping. 
Seller B buys widget X as well and sends it to the amazon warehouse for storage.
Amazon combines both Seller A's and Seller B's widget X stocks into one large container for widget X. 
Seller C knows this and buys counterfeit widget X's for cents on the dollar and sends them to the amazon warehouse where they're mixed in with the real widget X's. 
Now no matter which seller you buy widget X from (A, B, or C), you have a 33% chance of getting a counterfeit widget.

 

Personally i try to never buy anything from amazon or Walmart . They are ruining the country . As far as inflation goes it certainly does have to do with who is in office . What a difference a year makes . But as already said some people have feelings that are easily hurt so wont go there .

Did by some plastic for my 636 last week . It was in Florida and im in New England . Fed ex wanted 400 to ship . It only weighed 28 pds . Usps wanted 360 .   Ended up going with greyhound and it was 106 . I do have to go pick it up but for the price cant beat it . They actually let me pay online and i just emailed the tag so all the guyhad to do was drop it off . Guy said it was super easy only took 5 min guy scanned the tag and took it . So that is one option if you are dealing with a private seller .