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1st - The money has shifted from an industry to another. People don't travel as much, don't go to restaurant, cinema, etc... They stay at home and do other stuff ... like buying a new guitars/amp/pedal.

2nd - Supply and demand. The used market prices are high because you can't find much on shelves. You can compaint about the guy asking retail price on is kijiji ad but the truth is, you won't find his item anyway. Of course there are exeptions. But still true. Someone on TGP has offered me full retail for the Two Rock I am waiting.

Those, who are complaining, are living in the past ansd are disconnected from reality. It seems they don't understand inflation either.

For the recession, it always comes later, it has begun but there is always a delay from a event to a other.
Yes, I'm struggling getting some people to understand that inflation is a lagging indicator. Crap that's been happening for 2 years (and longer for some factors, of course) is where we're at today, not, for example, the current administration south of the border.
 

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1st - The money has shifted from an industry to another. People don't travel as much, don't go to restaurant, cinema, etc... They stay at home and do other stuff ... like buying a new guitars/amp/pedal.

2nd - Supply and demand. The used market prices are high because you can't find much on shelves. You can compaint about the guy asking retail price on is kijiji ad but the truth is, you won't find his item anyway. Of course there are exeptions. But still true. Someone on TGP has offered me full retail for the Two Rock I am waiting.

Those, who are complaining, are living in the past ansd are disconnected from reality. It seems they don't understand inflation either.

For the recession, it always comes later, it has begun but there is always a delay from a event to a other.

Luckily I already own enough nice gear to keep me content for life. Sure I'd like to add some more gear but these are luxury items. At the current prices, for what I want, I'm content with being out of the running. Not that I couldn't afford them, just that I choose not to be hosed right now. As inflation rises and many are having a hard time even putting food on the table the luxury items will become much less important. Probably see lots of gear on the market just so people can eat. Thats when I'll get those last couple guitars I want.
 

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the chip shortage is not a proper example. fenders are made in the usa guitars. there aint no chips in a strat or a tele. there aint no chips in a proper tube amp. if new gear was moving as they say it is, it's not just fender, but everyone else, too. with that many new players, where are they? i don't know any, how many do any of you know? surely some of you guys give lessons. are you seeing a flood of new players? this place should be sloppin over with FNGs. i haven't noticed that happening. the big covid checks ended here last spring. the extra covid money in one's u.i. ended in september. no one has gotten extra covid money since then, at least here in the states.
as for the unemployment rate? yeah, that's what i see online is the rate but, if that's true, then the DOZENS of people i know personally, including myself, who have been waiting for their u.i checks for MONTHS without receiving a single dime makes no sense what so ever.
You're perhaps not thinking broadly enough. There's chips in the CNC machines, chips in the computers, chips in the vehicles that take people to and from work. A new CNC machine or a replacement is probably not a trivial undertaking in this day and age. I'm sorry you've been waiting for EI payments for that long. Hope it gets fixed soon.
 

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Luckily I already own enough nice gear to keep me content for life. Sure I'd like to add some more gear but these are luxury items. At the current prices, for what I want, I'm content with being out of the running. Not that I couldn't afford them, just that I choose not to be hosed right now. As inflation rises and many are having a hard time even putting food on the table the luxury items will become much less important. Probably see lots of gear on the market just so people can eat. Thats when I'll get those last couple guitars I want.
True. I can easily see all those new guitars for sale in a few weeks/months, all at the same time.
While everybody will be desperate to sell, the supply will rise. And very few of you, that were waiting, won't make the demand riseas much. Goodluck mate!
 

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Well, every factory we deal with is heavily delayed. They cite raw material shortages, and shipping delays getting their materials. Their costs are going up and demand exceeds production capacity, so they're raising their prices. Many are in areas where they have the same COVID-related issues we do, causing them to operate on a slightly reduced capacity.

Shipping is taking 2-3X as long as it used to and also costs up to 10X as much, depending on the method and origin, so that factors into the price increases. Insurance is increasing a lot.


As a side note, and somewhat related, China has introduced new environmental regulations that have a significant impact on their manufacturing sector. I received word months ago from a factory we deal with that their production capacity will be at roughly 50% during certain times of the year due to the new regulations.

t.

The next 5 years will be very interesting.
Many factories were idled to avoid exceeding limits on energy use imposed by Beijing to promote efficiency, they used up their quota's much faster than anticipated. The central government made each province create an energy intensity target as part of President Xi Jinping’s plan to reach carbon neutrality by 2060. Jiangsu alone has an economy as great as all of Canada, and there are being snowballed by forced power cutbacks, and coal supply problems. I doubt that directly effects Fender, but its just not material shortages now.
 

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1) The supply chain issues are real.
2) Most of us are not laid off. In fact, many of us have benefited financially from the pandemic.
3) Our mental health has taken a hit because of the pandemic (including the restrictions, fear mongering, tribalism, etc), which prompts people to fill the void with buying gear.
4) So what's the deal with relics anyways?
 

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1) The supply chain issues are real.
2) Most of us are not laid off. In fact, many of us have benefited financially from the pandemic.
3) Our mental health has taken a hit because of the pandemic (including the restrictions, fear mongering, tribalism, etc), which prompts people to fill the void with buying gear.
4) So what's the deal with relics anyways?
I received a raise just before Christmas that was the biggest I've ever received in the 25 years in my field. My wife received a decent raise after Christmas and has been collecting additional pandemic pay on top of her salary through out this pandemic. As well she only has to go in to the office once or twice a week saving us gas for the out of town commute. So yes, the pandemic has benefit us financially.
 

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Used prices are just as affected.
Yes but I'd rather pay a 20-30% increase on the price of a used guitar that's now selling for 60% of it's original retail plus tax, still way ahead used (in many cases at least). I haven't bought any brand new gear in years yet everything I've bought used is M-I-N-T ... Nothing better than a pinch-me deal on killer gear ;)
 

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how is it that people with no jobs, during a time when we have the worst inflation in 40 years, are buying more of EVERYTHING than ever before? how is it that we suddenly forgot, pretty much over night - how to ship items around the country? fender claims to be selling more than ever before, and yet they also have a major price increase. i won't be lining anyone's pockets to buy anything other than strings until all this shakes out. there's a major scam going on with all this.

do any of you smoke, or did you ever? did you notice that when you know you can't smoke later, you'll smoke more when you can? that's what is happening right now. they are artificially choking supply to induce panic buying. i'm not going to play along, and neither should you
Fender ran out of stuff that I’d buy in 1966 😂

If they had credit cards in the 1920’s that depression would still be raging.

That’s what’s happening now. People aren’t buying more stuff than ever with their own money. They are becoming indentured servants because they are euchred no matter what,
 

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Discussion Starter · #51 ·
Fender ran out of stuff that I’d buy in 1966 😂

If they had credit cards in the 1920’s that depression would still be raging.

That’s what’s happening now. People aren’t buying more stuff than ever with their own money. They are becoming indentured servants because they are euchred no matter what,
that's an excellent point about carrying debt. i can remember being a kid, when most people didn't have a credit card. people who used one were seen as "not having the money to buy that item". it wasn't normalized the way it is now. people used to look at credit cards the way you might today look at taking out a loan. these days, tons of people don't even care what the interest rate is on the cards they use. i get the offers in the mail on the regular. credit cards from capitol1 and others with ridiculous interest rates buried somewhere in the fine print.

i stopped carrying cash years ago. i use the c.c. for everything. however, i pay the card off every 2 weeks to avoid the interest. it's easy to do with online banking. not having to mail a check to plano texas is very convienient
 

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I wonder if you knew that you were checking out soon...would you roll up a large debt?
 

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however, i pay the card off every 2 weeks to avoid the interest.
The card compay still makes a killing. The charge the retailer 3% of purchase to do the transaction. So they make money from both ends. Nice scam, you can even offer the card holder 1% in rebate points and still make out like a bandit. Very little labour involved as it's all computers doing the work.
 

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that's an excellent point about carrying debt. i can remember being a kid, when most people didn't have a credit card. people who used one were seen as "not having the money to buy that item". it wasn't normalized the way it is now. people used to look at credit cards the way you might today look at taking out a loan. these days, tons of people don't even care what the interest rate is on the cards they use. i get the offers in the mail on the regular. credit cards from capitol1 and others with ridiculous interest rates buried somewhere in the fine print.

i stopped carrying cash years ago. i use the c.c. for everything. however, i pay the card off every 2 weeks to avoid the interest. it's easy to do with online banking. not having to mail a check to plano texas is very convienient
I still follow the "except for houses, if you have to buy on time, then you can't afford it" philosophy. That said, there are cases where it can pay off. For example: a car loan is 4 percent interest, but you are earning 10 percent on investments -- better to take the loan and keep the money in investments and make 6 percent.

With respect to credit cards, some say you should spend someone else's money, then pay it off. I don't follow that logic. I use them, but pay them off whenever I see a balance in my account.
 

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I have no respect for this man at all, he gave some money back to SK recently for a children's hospital. He hides behind his religious convictions and makes amends with his faith by being a good man once in a while. Money buys forgiveness and a ride to the heavens.

Let me be very clear, I am not a socialist or liberal.
 

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that's an excellent point about carrying debt. i can remember being a kid, when most people didn't have a credit card. people who used one were seen as "not having the money to buy that item". it wasn't normalized the way it is now. people used to look at credit cards the way you might today look at taking out a loan. these days, tons of people don't even care what the interest rate is on the cards they use. i get the offers in the mail on the regular. credit cards from capitol1 and others with ridiculous interest rates buried somewhere in the fine print.

i stopped carrying cash years ago. i use the c.c. for everything. however, i pay the card off every 2 weeks to avoid the interest. it's easy to do with online banking. not having to mail a check to plano texas is very convienient
The only two things I’m willing to take a loan for are education and property. I think it’s really good for your credit to use the method you use and I will be doing that at some point.

For now, all music related purchases are cash or paypal. I don’t ever finance or buy something on credit.

Fender makes quality instruments, but I don’t support a company that won’t send someone a schematic for a $4000+ Amp or a control plate for a $1500 MIM bass. Zero support from them anytime I’ve asked.
 

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That is a pretty common sentiment right now. Why take a crap low paying job that is only going to get me the same place, only slower? Why be afraid of debt I can't pay when I've already got debt I can't pay? etc. etc.
That is exactly it.
It has been sheer stubborn will that has propelled me through my 20’s. I am determined not to let a snap shot of time in our economy impact my entire life. But I understand why a lot of people my age and especially older get fed up and throw caution to the wind.

I have found that things can even out and get better over time, but it requires a leap of faith or stubbornness to follow through with it.
 

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It's not just money. People are just tired of putting up with bullshit, mismanagement, nepotism/old boys clubs, etc.

Industries with the highest rates of attrition from the research are apparel retail (19%), management consulting (16%), internet (14%), enterprise software (13%) and a four-way tie across fast food, specialty retail, research hospitals, and hotels and leisure (which all saw 11% rates of attrition).

But employers within each industry also varied widely in their turnover rates. In aerospace and defense, for example, Boeing lost 6.2% of employees from April to September compared with SpaceX, which lost 21.2% of its people. Sull says those differences can indicate how much company leadership, not just what's going on in an industry, plays a role in work culture and turnover.


This is the biggest reason people quit—and it's 10 times more important than pay
 
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