Sorry, was away Sunday and today helping out the robotics team and fixing a 3D printer and painting a miata. What did I miss? Did we solve world peace yet?
It’s really annoying we have a supply chain parts shortage from china in just about everything, because a lot of things that would have been easy to find, much cheaper to do isn’t so anymore…
it would have been a lot easier to just plop down a few hundred on new parts and saved a lot of time. Can’t.. all the money in the world cannot tell those factories in China to make those parts and deliver them here within 2-3 months…and we can’t wait that long…
..So what did we do? I bought a bunch of broken ones people are selling off of eBay, exact same model, and stripping them down and picking off what we can use as a parts….I paid 2x more for the broken 3D printers than new parts and spent 2x more time of my free labor desoldering old parts and getting things fixed than needed had the parts been available for order.
Inflation. Really really bad…because our supply chain is still pretty messed up, at least for a lot of tech.
Now this might sound funny to do, taking old broken gear, taking them apart and taking our components you need…but desperate times call for desperate measures….and it’s just a smaller scale of what is happening , even in the appliance industry where this is a very big problem. Hence…
Why is this a big deal? Well let’s think about this…Now you need to hire people to pull shit out of junk, test those components work before reuse. Some of them will fail prematurely and either the manufacturer will be on the hook for additional repairs in warranty at their cost, or they will fail out of warra th where the consumer will pay more for repairs or replacement….
The cost of appliances have gone up considerably . Same home Depot dishwasher I bought about 1.5 years ago is about 2.5x more.
So… How will the Fed’s policy fix this problem? Not sure. Because it seems like demand for goods and services is there, just things are really really backed up.
I’d place my bet with AN, we are headed for stagflation.