Is a recess coming? Is it time to get panicky?

[Eric H]

They're hiking interest rates to stamp down the rampant inflation. At this rate we'll end up like Zimbabwe.

I’ve been saying this for years. If the feds run up the national debt and then tank the value of the dollar they can payoff nation debt easily. Of course, a million dollars will be worth nothing but we’ll be debt free!
Before anyone takes this too serious, I understand that the debt probably wouldn’t work that way.

 

[Randy]

I talked to another car wash owner this morning and he said that they are down almost 18% at their car wash. We are down right around 15% and it’s getting worse every week. I talked to a long haul trucker that comes into the car wash and he said he parked his truck because he can’t make any money at the current high price of diesel, he said the load pay rate hasn’t gone up to compensate for the increase of diesel so there are a lot of trucks are parked. I think it’s going to get worse this fall when the farmers start harvesting their crops, food prices are going go through the roof.

 

[sfcarwashre]

Thx for adding me! New to this forum. Curious what people are seeing in terms of y-o-y trends recently?

 

[Car_Wash_Guy]

CPI in at 9.1%. "The worst is behind us". Lest go Brandon.