The fish rots from the head. Maybe that's a little too strong language, but the end result is the same. This was a top down issue, guaranteed. I agree, the qc issue broke the camel's back, but that camel was hobbling along on two legs for a while. Huge growth brings huge problems. Making stuff isn't easy.
(big demand for an audiobook offering, which has pleasantly caught me by surprise). 
To be fair , that image is often posted by people who advocate for a new system where everything originates from just one entity … but thats a topic for another discussion and another forum ….Now I'm just your friendly neighborhood translator so don't go shooting at me. I believe the illustration points to the specious nature to the concept of "free market" as parroted by Americans, as well as the myth of competition within the American-inflection brand of "capitalism". Both critiques (the former usually more than the latter) are often resisted/rejected/dismissed by [self-described] upper middle class social conservatives, or folks with upper 20% national HHIs or higher. In fairness, this forum tends to be an echo chamber for said demographic, given the inordinate entry price for the hobby these days.
--brk brk--
As to inflation, I'm doing my part by removing my demand and exercising price elasticity. For the record, my current exit from the hobby is 100% due to the outsized increase in quoted labor and parts, and asking prices for replacement aircraft that specifically started in late 2020 and persist to present day. I had no issue with pricing points pre-2019 relative to my meager pay increases (some inflation-adjusted, most not). At any rate, it's an inconsequential step to take as an individual, but one I hope will continue to add into the demand softening that the Fed is attempting to achieve at the macro level.
We are fortunate in that we locked in housing costs in 2018, and transportation costs in 2019, so we should be able to ride out the stagflationary storm for at least the next decade. It won't be fun, but then again neither were the 1970s for many people. The rest is discretionary expenses we can cut out, and I'm sure we'll find some substitute goods/services to fill the gap to a copacetic level.
The one item where we have had to eat it (pun very much intended) is groceries. We don't find it prudent to significantly reduce our caloric intake just to keep inflation parity, so we exhibit quite a bit of price inelasticity when it comes to foodstuff and intake. We have cut out sit-in dining options, though in fairness that has had more to do with my wife's horrid work schedules opposite mine, which yield little time for the former "weekends together" pedestrian schedule. Be that as it may, we do hope that pressure contributes to aggregate softening demand in the economy. To wit, I've seen advertising for meal-delivery services for these vendors now offering payment plans.... oof, shark meet ski jump.
Our hearts go out to friends and neighbors who are having to eat less and more poorly, because they don't have the ability or willingness to undershoot housing the way we were lucky to. It's rough out there in main street, even if things are "normal normal good blinker" in upper middle class street.
Alright that's as far as I'll go into my socioeconomic commentary for the day, for the rest you'll have to wait for my first book out of retirement
The chart has some errors. Many of the beverages ascribed to Pepsi aren't made by them. At best Pepsi holds distribution rights for some of them (OceanSpray in single bottles, international distribution of 7-up.
Nope. My nesting software allows me to pick which type of lead in I want on inside offsets. It's literally just a different "click". Same time to program. It would take longer to get the sheet on the table than to nest and program the whole cut cycle. Adding a lead out, which I only do when cutting 3/4" or thicker plate is just an extra click of the mouse.
PM sent, don't want to derail this Van's thread.Just curious - did you look at buying a used engine as an option, or did you only price overhauls?
LYCOMING Aircraft Engines For Sale - Overhauled, Used & New 1 - 24
We have 24 LYCOMING Aircraft Engines For Sale. Search our listings for used, new, overhauled airplane engines updated daily from 100's of private sellers & dealers. 1 - 24www.trade-a-plane.com
My suspicion was correct.
Does quoting one's own posts qualify as illeism? Asking for a friend
Just like the vansairforce forum their Facebook page is highly moderated with many of the negatives quickly removed.
If so, then I am the most illeist b-boy.Does quoting one's own posts qualify as illeism? Asking for a friend
It usually seems that way.
Again, not getting that from the diagram. Even if it were completely accurate, it fails at that goal. Yes, there has been a consolidation of brands over time, as there has been going back decades or centuries. Bigger companies buy smaller ones, and successful companies buy the struggling ones. Popular brand names remain long after the original company is gone.
Please don't take this personally, but that's really a bunch of twaddle. It was equally twaddle when we were in the bottom few percent of the country in income, and has remained so over the years.
Exactly. The brewing industry illustrates this pretty well. A few mega-conglomerates dominate the world market for beer sales, generally keeping the brand names of all of the breweries that they've bought out. But new, and very good, craft breweries spring up constantly. There is never a shortage of small independents supplying the market. Sure, as some of those craft brewers get big and successful they, too get bought out by a conglomerate. And new independents start up to take their place.
For anti-trust enforcement purposes, the government defines sufficient competition as 3 viable producers.
I disagree. A number of corporations have gotten really big, but in any case you'd care to mention there is still competition. If one supplier dominates a particular field, it's because that's what people buy, not the other way around. But that's not really what the term "free market" is about; that's about government control of markets. I think you and many other people confuse "free market" with "competitive market". Just like there are good reasons why we don't really want a perfect democracy or a perfect free market, we probably don't really want a perfect competitive market either.
I'm sure there is some. If you include people who sit in their non-pickup truck vehicles and make angry videos, the Venn diagram gets a lot more overlap.
Funny. Not one of the beers I've had in the last 5 years is on that chart. Guess there's more choices than it wants you to believe. Do those guys sell a lot of beer? Absolutely. But there are more choices outside that list than inside.
It it should not surprise anyone that mass market beer almost by definition means there are only a handful of companies who own them, because each one is massively popular (ergo: many people buy a single brand so there there aren't many of them). The same goes for other products with mass market appeal that consumers choose to buy. No one tells you to buy mass market beers, you choose to buy them.
My friend owns a brew pub in Chapel Hill. Where is he on your chart?
