Posted on 10/05/2021 6:38:11 AM PDT by BusterDog
Black Friday isn't for another 53 days. For Amazon, however, it starts today.
Amazon has begun rolling out "Black Friday-worthy deals" to jumpstart the holiday shopping season that's expected to be chaotic because of shipping and supply chain issues. Amazon announced Monday "deep discounts across every category" including fashion, home goods, toys and electronics that will be available on a special webpage.
(Excerpt) Read more at cnn.com ...
In October? The whole season, rather the date we celebrate the birth of Yeshua has been taken over by secular business to just sell sell sell. The meaning of Christmas is now is meaningless since they took one day and turned it into a season staring out at one time by Sears with their Christmas in July just to sell. Go enjoy looking at your tree.
Why?
“Amazon has begun rolling out “Black Friday-worthy deals” to jumpstart the holiday shopping season that’s expected to be chaotic because of shipping and supply chain issues.”
To increase Christmas sales, they must start early due to the shipping companies not able to handle the demand surge.
The demand: more people are buying Christmas online instead going to the Malls and Shopping centers.
“Why?”
Bezos is a great merchant. He turns problems into further success.
Well, I guess it’s time to dig myself a hole and lay down in it till I satisfy my soul.
Snatching up as much money as is possible as fast as it is possible is a good strategy.
There is zero chance of deflation in the next few months. Inflation yes, hyperinflation maybe. Hyperinflation in the long term, probably.
They want to spread the trucking problems over a longer time period?
I’ve been following quite a few “experts” on the internet and some think we’re headed for deflation, some believe deflation followed by massive inflation, and some just plain inflation. But I think we are headed for a deleveraging, be it “deflationary at first” or “inflationary at first”.
“Deleveraging Explained in One Minute: From Definition to Examples”
https://www.youtube.com/watch?v=hqJuu9tzRn4
“The Biggest Deleveraging in History is Coming - and it can’t be stopped”
https://www.youtube.com/watch?v=5st12hYUcDM
China needs the cash flow.
Amazon is always looking for excuses for sales. It’s how you clear stuff out. Also it gets people visiting the website when they otherwise might not. Just like any other retailer. White sales. Presidents Day Sales. Whatever else they can gin up Sales. The news has been saying there will be shipping problems so get your shopping done early. No reason for Amazon not to turn some cash on that.
Why?
Sales gimmick.
Some onliners start ‘black Friday’ sales even earlier.
I recall in the 50s and 60s some department stores running ‘Christmas in July’ sales. One store even started putting out their Christmas decorations in August.
I think we are gonna be looking at wild swings of inflation and deflation, spot shortages of all kinds, and just plain weirdness.
Once governments start heavy meddling in economies all over the world, you can throw all the economic textbooks in the trash and just study chaos theory.
Governments will react to each new crisis with “fixes” that will cause the next crisis.
Ha!
Hobby lobby had them out in July, along with Halloween, Thanksgiving, Fall and Independence Day/spring/summer clearance stuff.
In another month, the new year’s stuff will show up, if it hasn’t already.
I never know when I am, when I go in there.
I was thinking maybe because of the supply chain issues getting stuff where it needs to go.
Deleveraging simply means reducing debt (the opposite of leveraging, which is increasing debt). You, I, and anyone else in the private sector deleverages by selling assets or using liquid funds to pay off debts. Corporate entities can issue stock in place of or to pay off debt (converting debt to equity).
For the U.S. government, the simplest way to deleverage is to devalue the money. That means hyperinflation (just like in Venezuela or Zimbabwe). The U.S. will still have trillions of dollars in debt, but when a trillion dollars won’t buy a cup of coffee, trillions of dollars of debt doesn’t mean as much.
Yes, that is exactly the points made by the second video in the pair I shared. You can have deflationary deleveraging or inflationary deleveraging.
If you reduce the debt by printing chitloads of money it’s the latter.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.