Inflation

Our Chris craft 34 is on a triaxle trailer so we take it to a farm for winter
Dual gas engines winterize $100
Dock is close to $4,000
Fuel last yr was , about $1500
Ins/upkeep $650.

The C&C 29 sailboat
Dock is $3100
Winter store $2000
Winterize $50
Sail inventory, averages $3000 per yr. We replace 1 or 2 of 6 ea yr on rotating basis

Shark 24 race boat
It’s drysailed so only goes it water to race ,$850 yr . Also on trailer so stores at farm in winter
Ins/up keep $500
Winterize 0
Sail inventory $1000yr on rotating basis .

The booze volume is pretty consistent across the fleet . It really depends on who’s crewing

There is nothing more expensive than a free boat .


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crankcall said:
The Viking 28 now parked on rocks in Hamilton is worth about $2000 on its best day . It would cost more to properly store it for the winter than abandon. Lots of people like the romance of boats but can’t afford them.


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The curse of fiberglass is that it can look good for decades while the hull and deck weaken with age. Particularly with older ones there are a lot of wood pieces that rot out. Replacing rotted balsa core isn't fun.
 
You hit the nail on t he head , early fiberglass boats were almost 'experimental' , they didnt know how is would last so they used a LOT of resins. The bottom of a Viking28 for example is over 1/2" thick of solid glass. no core, just glass. Many manufacturers followed the formula that more was better , as a result cottage country is just littered with 14-20ft pawerboats that have a decent hull but all the floors and interior parts have long failed, the inboard engine ( a true curse) jamms up and its 5 times the value of the boat to repower so it gets pushed over into the tree line.
To date there is no cost effective way to recycle fiberglass, they just go to landfill. Its ugly.

With inflation , just got my docking invoices for the upcoming yr, only a 2.5% increase and a $150 infrastucture levy, so under 3% , thats not bad given inflation is claimed at 7% .
 
Something to ponder

In a forthcoming book, Shattered Nation, Oxford University’s Prof Danny Dorling points out that had house prices only risen in line with inflation over the past 70 years, the average home in 2022 would have cost £63,300, or just over twice the median full-time UK salary of about £31,000. Prof Dorling says money is siphoned from the less well off to the already wealthy when the former pay excessive rents, when they buy an overpriced house, and even when they keep up with their large mortgage payments. Lawmakers perhaps don’t see the problem as so many of them are landlords.
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www.theguardian.com

The Guardian view on a property-owning democracy: Tory dream becomes a nightmare | Editorial

Editorial: A housing price collapse may see a coalition of renters and mortgage holders emerge that would doom the Conservative electoral base
www.theguardian.com www.theguardian.com
 
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crankcall said:
there is no cost effective way to recycle fiberglass, they just go to landfill.
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Or they're supposed to. There was a boat guy up Bayfield way who got rid of them with a little gasoline. Glass won't burn but polyester resin sure will. Still ugly.
 
You would see that smoke for miles . Not much to sweep up once they are cooked and they burn hot .

We watched a carbon fiber hull catch fire at an event in Galveston, 900k sailboat and it was burning below the waterline , almost impossible to put out .


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Lightcycle said:
Instead of knee-jerk blaming the current administration, a better question to ask is, "Is rampant inflation a global trend?" The answer is yes, BTW.

www.euromonitor.com

Global Inflation Tracker Q3 2022: Inflation May Have Peaked…

Global inflationary pressures ease slightly in Q3 2022 after…
www.euromonitor.com www.euromonitor.com

And if it is, how are we doing in comparison to other countries. The answer is, "Just as bad as other G7 countries, and not as bad as the US and the UK":

www.ctvnews.ca

Business and Finance News in Canada – TSX Today – CTV News

Follow the latest business and financial news on the Bank of Canada, interest rates, inflation, housing market, real estate and more.
www.ctvnews.ca www.ctvnews.ca

Also, what are the root causes behind inflation and is it in control of politicians? It's easy to second-guess the political response to the pandemic, should there have a full lockdown? How do you balance public safety vs GDP in the face of so many unknown variables at the start of COVID? But the current *global* supply-chain disruption... is that the fault of politicians as well?

There are well-known and well-defined cycles of boom and bust. There will always be recessionary periods There will always be people who will want to blame *someone* for what is well-accepted as the cyclical nature of the economy. There will always be people with a political agenda seeking regime change to capitalize on local unrest and dissatisfaction without bothering to put it into context.
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How about reforming the tax system?
Check out Estonia's tax structure, their govt takes a reasonable bite and there is no double tax.
e-estonia.com

Tax Competitiveness Index 2022: Estonia has the world’s best tax system

According to the Tax Foundation, Tax Competitiveness Index 2022, Estonia has the world’s best tax system, mainly thanks to its simplicity.
e-estonia.com e-estonia.com

Over here, we pay tax on investment earnings then the same amount is added to income on which we pay more tax over which we pay another tax HST for the privilege of spending the earned income.

Our political masters print money to fund schemes to garner votes and treat themselves to tax-payer funded junkets.

And the only measure to reign in inflation is the increase of the lending rate!

No wonder that inflation is rampant in spite of sound economics and a strong material base!
 
At some point the grocery industry needs a reset, enough chicken yesterday to feed 6 people was $30 and we figure the salad cost about $15. assorted vegeies and such another $15. desset was $12. eating at home not so cheap

Who would have ever thought 3 bottles of wine cost less than the groceries?
 
crankcall said:
At some point the grocery industry needs a reset, enough chicken yesterday to feed 6 people was $30 and we figure the salad cost about $15. assorted vegeies and such another $15. desset was $12. eating at home not so cheap

Who would have ever thought 3 bottles of wine cost less than the groceries?
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Just south of Watkin's Glen a few years ago we stayed at a cheap motel. Staying in for the evening, we decided to get some snacks at the convenience store across the street. We got cheese puffs or something to munch on. I got a huge beer for 99 cents and my wife got a small orange juice for $1.89. Only in America.

$72 to feed six = $12 each, about the same as a McMeal combo but I'm betting a lot better tasting and healthier.

I think part of the problem is that we have lost our respect for food. It's now entertainment. Sadly we've been McBrainwashed into ignoring the subtle flavours of properly prepared foods and succumb to the fat, salt and sugar tastes.

I was watching a program on USA homeless families living in a car. Dinner was burgers and fries from the cheapest drive through. There is something wrong with both the budget and nutrition.

Manners??? It took thousands of years to develop table manners and one generation to get back to eating out of paper troughs with our hands.

I chuckle about restaurants that advertise "Home Cooking". Growing up, mom's home cooking kitchen didn't have a menu. You ate what she cooked. Free refills on the broccoli.
 
I'm on Steves program , I order stuff that I dont make at home, either because wifey no likey or its something thats just really hard to do.

When wife and I dated she would pick up a book of matches ( everywhere had them) and write down who we had dinner with and maybe what we had and the cost out . We had a LOT of booze heavy dinners in nice places, way under $100 .
 
Ever notice something new and different about some labels in stores?


Allows changes to prices on the fly, no need for manually (labour intensive) label changing.

Much easier for stores to adjust prices day to day.

I've actually noticed some Walmart locations have very little in terms of labels, and you don't know what the price is until you get to the register (or one of those 'price checker' scanners on the posts).
 
mimico_polak said:
Ever notice something new and different about some labels in stores?


Allows changes to prices on the fly, no need for manually (labour intensive) label changing.

Much easier for stores to adjust prices day to day.

I've actually noticed some Walmart locations have very little in terms of labels, and you don't know what the price is until you get to the register (or one of those 'price checker' scanners on the posts).
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Next thing we see are food prices changing every couple of hours - similar to gas prices lol
 
POWERMAN said:
Next thing we see are food prices changing every couple of hours - similar to gas prices lol
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I believe they are changing it daily in some instances. Which is pretty damn close to the gas price model.

I wouldn't be surprised. What's it called 'market driven pricing'?
 
Jayv said:
Lately buying all my meat at the local butcher. Supermarkets are gouging, I can get a superior product for the same price.
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We bought 1/2 a pig from a farm near KW for $70. TONS of meat, and we ended up having a good time cutting the meat off the bones that it came with.

Will do so again.
 
POWERMAN said:
Next thing we see are food prices changing every couple of hours - similar to gas prices lol
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I was just thinking the same thing. I'm pretty sure it will, sadly. Gas companies must make nice little profit from jumping prices up and down.
 
mimico_polak said:
I believe they are changing it daily in some instances. Which is pretty damn close to the gas price model.

I wouldn't be surprised. What's it called 'BS driven pricing'?
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Supercentres have these electronic shelf tags already. And I'm sure our complicit gov will do nothing as usual if this starts to happen.
 
Will we see a European model where you go to a green grocer for veggies, the butcher for meats , a cheese shop? Less convenience but better opportunity and quality ?
Value for money is a kicker when your paying an hours wage for a small steak
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