Inflation and firearms prices

[wiscoaster]

If there are bills passed to limit/control/eliminate gun sales the "Black Market" will be the biggest ever known.....

Oh!! No!! The Black Market Loophole!! I think Dianne F. just had a heart attack!!

 

[Ignition Override]

Mosin77: You reminded people of what many have forgotten: the >> "vitriolic" anti-gun threats << of certain politicians were made to motivate the more radical types to simply vote for them.
* Their main priority was to get elected.

Obviously they could burn up All of their potential support ("political capital") on an anti-gun bill, but that would leave little left over for what people actually want- in their pockets and bank accounts and magicians to quickly vacuum up the Wuhan Virus.
** Those politicians' Next priority? To be re-elected, along with that Party remaining in power. But risk almost everything on very contentious legislation, which puts No Money in the pockets of the (little) people who are only needed during future elections?

 

[vintovka]

I doubt the vitriol against the left will ever be forgotten or forgiven. When the public learns that both the first and second amendment have been usurped it may provide an interesting response. Disdain for the rule of law at all levels has begun hopefully it wasn't the plan all along. Even building permits are way down. In the mean time guns and ammo may have moved to the front of profitable investment hedge against inflation. All bets are officially off.

 

[FFGColorado]

View attachment 974412

I'd say were bound for high inflation ahead. We just borrowed almost 2 trillion for the 2 stimulus packages. Now, Biden is wanting another 1.9 trillion. I think all that printing money will cause inflation, thus, firearms will go up. If you look back about 15 years, firearms haven't really gone up that much (well, up until recently). I think most manufacturers have already set their prices higher this year, not just due to the recent demand, but because their overhead and material costs have gone up.

$2.9trillion signed by trump..March and December of 2020. trump proposed $1.8trillion for the second package. House dems passed a $1.6trillion one(Dec2020).

BUT, not as simple as 'printing more money'...
https://www.nytimes.com/2020/04/15/business/coronavirus-stimulus-money.html

Right after the $2 trillion bill trump signed, the inflation rate went to an almost all time low(.12%). BUT..2020 shouldn't really be a guide for anything..it is unique with a capital 'U'

 

[FFGColorado]

Mosin77: You reminded people of what many have forgotten: the >> "vitriolic" threats << of certain politicians were made to motivate the more radical types to simply vote for them.
* Their main priority was to get elected.

Obviously they could burn up All of their potential support ("political capital") on an anti-gun bill, but that would leave little left over for what people actually want- in their pockets and bank accounts and magicians to quickly vacuum up the Wuhan Virus.
** Those politicians' Next priority? To be re-elected, along with that Party remaining in power. But risk almost everything on very contentious legislation, which puts No Money in the pockets of the (little) people who are only needed during future elections?

FIFY
As is both sides of the isle. By any means possible, it seems.

It's about the economy...and will be in 2022, and 2024...

 

[D.B. Cooper]

Right now we are not seeing inflation driven prices, we are in a panic driven bubble. If you want to liquidate, now would be the time as it will eventually pop and return to normal.

Agreed. The OP seems concerned about significant inflation in the future. It is a valid point, but to what extent I can't say. In an inflationary economy, hard assets are better than simply saving money. Most who are bearish on currency would say convert your currency to gold and silver. However, firearms are also hard assets. The P could probably hold what he has and sell it later and do okay. Admittedly, if the ultimate, end goal is to sell the guns, I would say sell now. We are definitely in an expansionary bubble that will eventually burst. We've seen this before in the shooting world. But selling the guns for cash and then putting the cash in a bank or a mattress may not be wise.

 

[Robert]

Too much politics and veering off topic for this to stay open.