Most goods are durable, meaning the can stay in inventory for quite some time. Houses, playground sets, grills, cars, etc. It takes a longer time for supply to dwindle to meet demand, meanwhile producers are hosed right away as sellers stop buying. Right now, major places like Target are paying for storage from the glut of inventory. There are articles on this at Zerohedge if you take the time to look.
Non-durable goods, such as peanut butter or bread have a quicker response from the supply chain for less demand.
Markets reflect variation in demand based upon situational variations. A bottle of water at a rock concert in July is $5, and you grudgingly pay for it. A bottle of water while you sit by Lake Michigan in January is next to worthless.
More than it was last year, but less than next year. And it depends on if you're making it yourself or get one at a deli. I also notice that there are peanut butter shortages at my local Walmart. All they have is that "natural" stuff you have to stir, which is fine, because I like that better than other types anyway.
Most goods are durable, meaning the can stay in inventory for quite some time. Houses, playground sets, grills, cars, etc. It takes a longer time for supply to dwindle to meet demand, meanwhile producers are hosed right away as sellers stop buying. Right now, major places like Target are paying for storage from the glut of inventory. There are articles on this at Zerohedge if you take the time to look.
Non-durable goods, such as peanut butter or bread have a quicker response from the supply chain for less demand.
So, I'll trade you this house for a peanut butter sandwich.
Am I starving to death? I'd take it.
Markets reflect variation in demand based upon situational variations. A bottle of water at a rock concert in July is $5, and you grudgingly pay for it. A bottle of water while you sit by Lake Michigan in January is next to worthless.
How much is the cost of a peanut butter sandwich now?
More than it was last year, but less than next year. And it depends on if you're making it yourself or get one at a deli. I also notice that there are peanut butter shortages at my local Walmart. All they have is that "natural" stuff you have to stir, which is fine, because I like that better than other types anyway.
Why do you ask?