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The Swarm Lounge
General Investing and Economics Discussion - No Politics
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<blockquote data-quote="Deleted member 2897" data-source="post: 801723"><p>Some interesting numbers on inflation (400% year over year increase in lumber, etc.) in Home Depot's earnings. Even more interesting to me was that Home Depot didn't just increase prices to offset their costs, they jacked up prices even more and profits widely outgrew costs. Pretty interesting - people are still willing to pay ridiculous prices for things.</p><p></p><p>[URL unfurl="true"]https://finance.yahoo.com/news/home-depot-q-1-sales-and-profits-lifted-by-skyrocketing-inflation-182424800.html[/URL]</p></blockquote><p></p>
[QUOTE="Deleted member 2897, post: 801723"] Some interesting numbers on inflation (400% year over year increase in lumber, etc.) in Home Depot's earnings. Even more interesting to me was that Home Depot didn't just increase prices to offset their costs, they jacked up prices even more and profits widely outgrew costs. Pretty interesting - people are still willing to pay ridiculous prices for things. [URL unfurl="true"]https://finance.yahoo.com/news/home-depot-q-1-sales-and-profits-lifted-by-skyrocketing-inflation-182424800.html[/URL] [/QUOTE]
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