Tooling prices - inflation or greed?

[Incogneeto]

I know this statement is going to make me a capitalist lackey in your eyes, but If a company like Walmart cuts prices they are accused of greed because they are undercutting small business. If they raise prices they are accused of greed because they are money hungry and hurting the little guy. what are they to do?

But just to flip that around though, One of Schunk's competitors could cut their prices to take away business from them if this was solely a greed thing, couldn't they? or in other words. If wages, shipping and raw materials aren't the root cause, wouldn't it stand to reason that someone like HPI-Pioneer who is hungry for market share could undercut them to actually gain market share?

I believe YoDoug was asking a Ground Floor Question.$$$

And you are asking a Top Floor Question.$$$

It's not coming out of Dougs Pocket.$$

When you start addressing Market share???

The Basics.

Costs.

Product.

Prices.

Policies (Admin)

Raised Costs.

Which raised Prices.

KISS. (Keep It Simple Stoopid)

[beej]

I believe YoDoug was asking a Ground Floor Question.$$$

And you are asking a Top Floor Question.$$$

It's not coming out of Dougs Pocket.$$

When you start addressing Market share???

The Basics.

Costs.

Product.

Prices.

Policies (Admin)

Raised Costs.

Which raised Prices.

KISS. (Keep It Simple Stoopid)

that's a fair response. It is 2 different questions

[neurosis]

Welcome to bizarro world beej....where no matter what you do someone believes you're greedy and/or selfish.

There has been some price gouging during and post covid. When you see some corporations (generic) using inflation as an excuse to raise prices while at the same time making record profits, I'm not sure what to call it?  Good business? 

[JParis]

raise prices while at the same time making record profits

and those profits are before EBIT

[Incogneeto]

that's a fair response. It is 2 different questions

Yes I meant no Offense.


Energy policies ,regulations , market restrictions. in other words .Admin.

Boats , Semis ,Trains run on Fuel.

Restrict and regulate that Fuel.

And Boats Don't "Chug Chug"

Regulate the Docks. Boats don't unload themselves.

Regulate the Trucks and They Don't "Chug Chug".

Retrict age and emissions of Trucks.

Regulate trains.

That is why Boats sit in The Harbor unloaded.

Trains don't get loaded.

And Trucks can't drive in your State.

"Gavin Newsome"

Now raise the price of Fuels and shut down energy. (Biden)

spend Billions on Green energy that you will never see. How many charging stations Built?

So unless I want to sit here and keep typing examples for the next three days.

And I can But My Butt hurts and my fingers (Both of them are getting sore)

Stoopid Policies get Stoopid results.

So Yea YoDoug "It's Greed and Inflation"


(Sarcasm) just added that.

[Incogneeto]

that's a fair response. It is 2 different questions

And beej most of you are Waaaaay smarter than me.

sometimes my Boss made me clean the bathroom.

I had to refill The Tampons in the Mens room.

[YoDoug]

Both liberal gov spending and corporate greed can be a factor in out of control prices. It's not an either-or situation. Both can be true at the same time.

[Incogneeto]

Both liberal gov spending and corporate greed can be a factor in out of control prices. It's not an either-or situation. Both can be true at the same time.

Oh Yes , Absolutely true.

People WILL take advantage.

But it's harder to do in a stable economy.

[Incogneeto]

Both liberal gov spending and corporate greed can be a factor in out of control prices. It's not an either-or situation. Both can be true at the same time.

When one guy is shoplifting Macy's it's easy to see.

When 50 hit the store??

But yet , drop the policy to arrest shoplifters?

Policy.

Get It?

Now why does shit cost more?

[Incogneeto]

And beej is right.

It's not one Policy.

It's all.

Walmart raises prices due to more thefts.

It's not greed.

Target raises prices due to more theft.

They have to lock shit up.

I'm a Cologne Whore ,I like Polo $80 Obsession $75 Eternity for men $65.

All locked up and I have to wait 30 minutes(exaggerated) for a person with a Key and they walk me to The Register.

That's not Greed it's protection. Asset Protection.

and again Policy!!!

[Incogneeto]

Both liberal gov spending and corporate greed can be a factor in out of control prices. It's not an either-or situation. Both can be true at the same time.

Which one started in 2020??

[Incogneeto]

Imma do That Crane kick in Karate Kid and Knock you Stone Cold Out!!!

 

[Newbeeee™]

No Shit Sherlock

I had my old Tide detergent bottle in my cupboard from two months ago and saved receipt from wally world $19.99

it is well over Gallon and a half size.

Purchased my new bottle $19.99 and it is Half the size.

Yep - but you can beat them at the gas pump.
Only ever put the same 50$ in.
 

[CNCAppsJames]

Yeah, we've seen it as well in almost everything.

Because there are SO many hands in the cookie jar now... and honestly it seems like there are more hands than ever... not even counting the government regulation hands... those rat bastards... FTP's

[beej]

Interesting article sort of related to this.

https://www.ien.com/supply-chain/news/22917829/cutting-tool-orders-up-26-through-first-half-of-the-year?__lt-lid=66bf6b09464dc76e89649447&__lt-usr=1572E6147145G5V&utm_source=IMCD240810005&utm_medium=email&utm_campaign=08162024&utm_term=IMCD240810005&oly_enc_id=1572E6147145G5V

McLEAN, Va. — Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute, were $208.1 million in June 2024.

Orders decreased 2.9% from May 2024 and were down 4.2% from June 2023. Year-to-date shipments totaled $1.27 billion, up 2.6% from shipments made in the first six months of 2023.

"While 2024 started on a positive note, we have seen significant stagnation in several markets utilizing cutting tools," said Steve Boyer, president of USCTI. "Aerospace has seen many challenges this year, and while we expect to see that market improve in 2025, it has impacted growth for 2024. Modest gains have been realized with orders for the automotive markets but have not fully offset some of the slides attributable to the aerospace industry. While tempering our enthusiasm for the second half of 2024, expectations for cutting tool order growth are still very positive for 2025."

My question would be, if orders are up 2.6% and they are basing that on monetary figures and not actual cutters sold, isn't the market slowing rather than increasing once you account for inflation?