Music gear sales dead.

  • Thread starter Thread starter Tone Junkie
  • Start date Start date
Politics aside. And sorry they’re all corrupt. Lots of talk but nothing gets done. Judge them by their actions.
I just see a huge haircut coming. Food and energy prices will continue to rise and spare expenses will continue to diminish.

As for the big box music companies yeah they may make it. But unfortunately this country was built on small businesses.
 
FourT6and2 said:
I went to the grocery store last week and bought my usual assortment that's always been around $100. The same exact items came to $185. Regular unleaded in my area is almost $7/gallon. Meanwhile, a friend from Georgia sent me a photo of regular in her area and it was $2.85.
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I paid $2.86 this morning. I would think we'd be a little cheaper in S. Texas being so close to all the refineries.
 
I did some math based on receipts I had from before we printed a bunch of money. Everything’s up 25-35% minimum for the most part. Not to mention how housing and cars are insane.
For the average dude youve effectively cut all disposable income.
That being said I think a lot of people have what they want and are playing the waiting game. No sense in rushing into a used gear that continues to get cheaper month over month.
 
Food, energy, and even housing have all doubled or worse in my area in less than three years, but not according to the government because those things aren't important enough to tack onto inflation numbers, apparently. Really it's our fault for not holding these people responsible. We've become a weak and dependent society lacking morality and responsibility as a whole. Last night I was watching a commercial for some ignorant entitled shit and was thinking to myself that these kinds of things are now our normal concerns while elsewhere in the world the daily life of many children would break many Americans in short order.
 
NowYou'rePlayingWithPower said:
Food, energy, and even housing have all doubled or worse in my area in less than three years, but not according to the government because those things aren't important enough to tack onto inflation numbers, apparently. Really it's our fault for not holding these people responsible. We've become a weak and dependent society lacking morality and responsibility as a whole. Last night I was watching a commercial for some ignorant entitled shit and was thinking to myself that these kinds of things are now our normal concerns while elsewhere in the world the daily life of many children would break many Americans in short order.
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It’s definitely the weirdest times especially economically. What I see on tv does not line up with economy im feeling day to day
 
I’m not saying dump your gear. Just thinking out loud if you have something that you don’t really use now might be a good time to move some of it.
I do agree most already have more than enough to last several lifetimes 🤣
Myself included.
 
Covid lockdown. No new homes, no new cars. Homes shot up 80%, same with cars. Did they come down after Covid? No. So, when the 2 most expensive things we buy almost double in price, everything else soon follows.

Until homes start coming back down, this will not change for the better. No shortage of jobs, and sending money overseas? What, do you think if we didn't somehow we'd be getting this money in some way? Wrong. We've been sending money overseas for HUNDREDS of years. No different now. Gas prices? I paid more in 2008 than I do now.
It's all the Covid hangover..and until it corrects, it ain't getting better.
 
Chubbs said:
I did some math based on receipts I had from before we printed a bunch of money. Everything’s up 25-35% minimum for the most part. Not to mention how housing and cars are insane.
For the average dude youve effectively cut all disposable income.
That being said I think a lot of people have what they want and are playing the waiting game. No sense in rushing into a used gear that continues to get cheaper month over month.
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that sounds close based on this site at least

https://truflation.com/
 
Not going to lie, I don't have the disposable income I used to. Money is tight and purchases have to be pre-planned around house projects (and there are many) plus regular bills and things like vehicle maintenance. We aren't strapped for money thankfully so we aren't hurting as much as some people are in this economy but we definitely are noticing a difference. $16 to get a burger combo from fast food chain used to be outback steakhouse dine out costs not including tips. Our grocery bill was north of $600 just in a two week period as we meal prep for work. I had to yank my WTB thread because of the sticker shock for what I was trying to buy even in a dead market. Times are tight right now and I'm just going to be thankful for what I do own through the rest of the year through tax season next year.

And on that note if you think its bad now, wait until how dead it will be come holiday time and with tax season right around the corner. It's going to be a very hard winter to offload anything even at great prices and it's going to be even harder to buy unless your disposable income is so high you're immune to the market we're in right now.
 
Tone Junkie said:
I’m not saying dump your gear. Just thinking out loud if you have something that you don’t really use now might be a good time to move some of it.
I do agree most already have more than enough to last several lifetimes 🤣
Myself included.
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I've sold several guitars this year, and got at least my minimum as I'm not in a hurry to sell if I don't get what I consider a reasonable price; I also purchased several new / used guitars this year; though more seem to come in than go out.
 
Racerxrated said:
Covid lockdown. No new homes, no new cars. Homes shot up 80%, same with cars. Did they come down after Covid? No. So, when the 2 most expensive things we buy almost double in price, everything else soon follows.

Until homes start coming back down, this will not change for the better. No shortage of jobs, and sending money overseas? What, do you think if we didn't somehow we'd be getting this money in some way? Wrong. We've been sending money overseas for HUNDREDS of years. No different now. Gas prices? I paid more in 2008 than I do now.
It's all the Covid hangover..and until it corrects, it ain't getting better.
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There are slow-burn layoffs happening quietly, e.g., banks; some chains like RiteAid, CVS, Target, etc., are closing stores. Not only inflation but interest rates makes things challenging for some.

Since the pandemic, I've been waiting for the expected foreclosure tsunami to buy property, interest rates and high property values in some areas I want are making that more challenging. Blackrock, Vanguard, and others have been buying up single family homes in large numbers before they even get to the foreclosure market.

Awhile back I read or saw an inflation rate that used an older list of goods/services from the 1980s/1990s, and the inflation rate was near double what the new/current list of goods/services indicated. I'll see if I can find it.
 
rsm said:
There are slow-burn layoffs happening quietly, e.g., banks; some chains like RiteAid, CVS, Target, etc., are closing stores. Not only inflation but interest rates makes things challenging for some.

Since the pandemic, I've been waiting for the expected foreclosure tsunami to buy property, interest rates and high property values in some areas I want are making that more challenging. Blackrock, Vanguard, and others have been buying up single family homes in large numbers before they even get to the foreclosure market.

Awhile back I read or saw an inflation rate that used an older list of goods/services from the 1980s/1990s, and the inflation rate was near double what the new/current list of goods/services indicated. I'll see if I can find it.
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Yes however the difference is that in the 80s/90's you also didn't have the super high housing demand artificially upheaving house market prices simply due to shortage of supply at the same time as ever-increasing demand. Now in 2023, you have record high house prices and high inflation both at the same time and nothing the feds are doing is moving anything because they're equal and opposite forces that are immense. Combine this scenario with greedy car manufacturers thinking covid profits currently are a thing and will always continue to be a thing with insane vehicle prices no one can afford, the fact over 5 million people died from covid which still hasn't gone anywhere, and is still with us, and you're writing a recipe for a severe recession or at best a stagflation.
 
glpg80 said:
Yes however the difference is that in the 80s/90's you also didn't have the super high housing demand artificially upheaving house market prices simply due to shortage of supply at the same time as ever-increasing demand. Now in 2023, you have record high house prices and high inflation both at the same time and nothing the feds are doing is moving anything because they're equal and opposite forces that are immense. Combine this scenario with greedy car manufacturers thinking covid profits currently are a thing and will always continue to be a thing with insane vehicle prices no one can afford, the fact over 5 million people died from covid which still hasn't gone anywhere, and is still with us, and you're writing a recipe for a severe recession or at best a stagflation.
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Good points. I'm expecting hyperinflation and a depression, the US debt to GDP was 100% in 2020, and 97% in 2022; current estimate is that 2023 debt/gdp will be around 119%, and that will only go up for the foreseeable future.

The debt and the interest on debt is going to crash everything when it gets to the breaking point.

Here's a site that uses the older inflation calculations from '80s/90s:

https://www.shadowstats.com/alternate_data/inflation-charts
 
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