All Forum Posts by: Alan F.

Quote from @Mathew Kires:

Quote from @Alan F.:

Quote from @Mathew Kires:

Quote from @Alan F.:

Quote from @Mathew Kires:

Quote from @Alan F.:

Quote from @Mathew Kires:

Quote from @Alan F.:

Quote from @Mathew Kires:

Hey Alan,

This is great insight—really appreciate you breaking it down! It makes sense that contractors with licenses and established D&B credit have an easier time securing Net 30 terms, but I’m definitely curious how investors like myself (without a contractor’s license) can still tap into these opportunities.

I’m currently renovating my business property (which is also my home) and looking to use Net 30 terms for flooring and materials. From what you’ve seen, would using my business credit (DUNS, NAV accounts, etc.) help get approved with larger suppliers, even if I’m not a contractor?

Also, do you think building supplier relationships through repeat small purchases would increase approval odds for Net 30? Or is it more about volume and industry-specific qualifications?

Would love to hear your thoughts—appreciate your time, Alan! 🚀🔥

 Youre a business so I would definitely approach them for net terms, nothing ventured nothing gained. Even if I was told no initially I would still lean in that direction. In business I was taught to "cast a wide net". A salesman once told me "every no gets you closer to a yes"

As far as volume vs margins that may be very specific to the supplier. As an example I've stopped doing business with a plumbing distributor as they want to move away from mom n pops like me and target high volume tract builders. I found a start up, ironically they do sell retail but don't "open" to retail til 9am. I go in for quickies between 6a - 9a. I call in to sales anytime for deliveries. After only 6 months they offered net. 

Alot of small businesses (and some distributors) still have rather personal relationships.

1 thing about the distributors I have noted; they carry materials that are less inclined to be returned (failure, fitment, ease of installation) I use product that on the surface seems to be slightly more expensive than box stores or online. Ultimately ease of installation and low failure actually saves me money.

I use square D electrical, kiln dried lumber, still sweat copper pipe, still like hot mop shower pans etc.

It works in CA markets, in lower margin markets it may not work though 

 Hey Alan,

Man, this is gold—I really appreciate your insights! You’re 100% right about casting a wide net and pushing for Net 30 terms even if the initial answer is "no." I like that mindset: "Every no gets you closer to a yes." 💯

Your breakdown on volume vs. margins is super helpful. Sounds like suppliers are more likely to offer Net 30 if they see consistent orders rather than just large one-off purchases. That makes me think—for someone like me who’s doing renovations on my business property, should I start small with suppliers (smaller repeat orders) before asking for Net 30, or should I go straight for it?

Also, you mentioned some distributors only offering Net 30 after six months—what’s been your best strategy for shortening that timeframe? Have you ever leveraged business credit (DUNS, Paydex, or trade lines) to fast-track approval?

This is solid stuff—I appreciate you dropping knowledge! 🚀🔥

 I'd go for it, what the heck. It may boil down to your preference on product they carry too. 

I definitely think having good business credit could expedite the time frame.

I do try to pay off early though when I can, and don't bust their chops on pricing lol

 Hey Alan,

That’s the energy I like—just go for it! 🔥 I’ll definitely start pushing for Net 30 now and see who’s willing to play ball.

Good to know that solid business credit can speed up approvals. I’ve been building my DUNS, Paydex score, and vendor accounts—so I should be in a good position to leverage that.

When you first started using Net 30, did you find it easier to work with local suppliers or did you have more success with national distributors? I’d assume local suppliers might be more flexible if you build a relationship, but maybe bigger companies have better structured Net 30 programs?

Also, do you ever negotiate terms beyond 30 days (Net 60/90), or do you just prefer paying it down early to keep things moving?

Appreciate your insights, man—this has been super valuable! 🚀💰

 They've all been local, but some are national companies. In my experience the managers essentially operate as their own business unit.

I've never asked for net billing to go above 30, they offered as time went buy. I think some of it has to do with the sales guys influence on the manager and how well they are doing relative to profit.

Theres a couple that would let me go to 120 if I asked, but I'd really prefer not to do that.

I'm a mom n pop and rather risk adverse lol

 Hey Alan,

Appreciate the breakdown—this is solid insight! 💯 It makes sense that sales guys & managers have some influence on Net 30 extensions. Sounds like building a strong relationship with the right people can make a big difference in getting better terms.

I didn’t realize Net 120 was even an option—that’s crazy! Even though you prefer to keep it at 30, do you think longer terms (Net 60/90/120) are only available to those with high volume orders, or could a strong D&B Paydex score help with that?

Also, when dealing with local suppliers vs. national companies, have you noticed local managers being more flexible in offering Net 30 faster, or do national distributors tend to have better structured terms?

This info is gold, Alan—appreciate you sharing your experience! 🚀💰

I'm not privy to the big guys books, but I'm pretty sure they get more favorable terms, including initial prices.

I think it really depends on the manager of the branch, that being said I don't know what kind of pressure they're under from corporate.

A smaller company I bought from was bought out by a national, most everyone quit or was replaced. I'd been with them 14 yrs, no more free coffee or net billing lol.

sometimes the sales guys go to different companies, they'll LMK and I'll move to that different company. But I've burned some bridges. 

IMHO there's only 1 constant is business, and that's change.

 Hey Alan,

That’s some real talk right there—business is always changing, and relationships are key. Sounds like you’ve mastered the art of adapting and following the right people when they move.

It’s crazy how a buyout can flip everything overnight—14 years of loyalty, gone just like that. That makes me think: do you find that building strong relationships with sales guys gives you an edge in getting better Net 30/60 terms, or is it more about total volume with the company?

Also, since corporate pressure affects terms, have you found that certain suppliers are more flexible during economic slowdowns or market shifts? Like, do they start offering longer payment terms to keep customers happy when business gets tight?

Appreciate the wisdom, man—your experience is priceless! 🚀💰

 The inside sales guys, and counter guys to some extent are helpful but I think the front office pretty much has the bottom line.

All businesses need cash flow and profit so that may affect net billing but I've never had it rescended. That being said there's no contractual agreement, so they could do whatever they want. 

I guess you could also pay the net with cc and extend further. Be careful though

Quote from @Mathew Kires:

Quote from @Alan F.:

Quote from @Mathew Kires:

Quote from @Alan F.:

Quote from @Mathew Kires:

Quote from @Alan F.:

Quote from @Mathew Kires:

Hey Alan,

This is great insight—really appreciate you breaking it down! It makes sense that contractors with licenses and established D&B credit have an easier time securing Net 30 terms, but I’m definitely curious how investors like myself (without a contractor’s license) can still tap into these opportunities.

I’m currently renovating my business property (which is also my home) and looking to use Net 30 terms for flooring and materials. From what you’ve seen, would using my business credit (DUNS, NAV accounts, etc.) help get approved with larger suppliers, even if I’m not a contractor?

Also, do you think building supplier relationships through repeat small purchases would increase approval odds for Net 30? Or is it more about volume and industry-specific qualifications?

Would love to hear your thoughts—appreciate your time, Alan! 🚀🔥

 Youre a business so I would definitely approach them for net terms, nothing ventured nothing gained. Even if I was told no initially I would still lean in that direction. In business I was taught to "cast a wide net". A salesman once told me "every no gets you closer to a yes"

As far as volume vs margins that may be very specific to the supplier. As an example I've stopped doing business with a plumbing distributor as they want to move away from mom n pops like me and target high volume tract builders. I found a start up, ironically they do sell retail but don't "open" to retail til 9am. I go in for quickies between 6a - 9a. I call in to sales anytime for deliveries. After only 6 months they offered net. 

Alot of small businesses (and some distributors) still have rather personal relationships.

1 thing about the distributors I have noted; they carry materials that are less inclined to be returned (failure, fitment, ease of installation) I use product that on the surface seems to be slightly more expensive than box stores or online. Ultimately ease of installation and low failure actually saves me money.

I use square D electrical, kiln dried lumber, still sweat copper pipe, still like hot mop shower pans etc.

It works in CA markets, in lower margin markets it may not work though 

 Hey Alan,

Man, this is gold—I really appreciate your insights! You’re 100% right about casting a wide net and pushing for Net 30 terms even if the initial answer is "no." I like that mindset: "Every no gets you closer to a yes." 💯

Your breakdown on volume vs. margins is super helpful. Sounds like suppliers are more likely to offer Net 30 if they see consistent orders rather than just large one-off purchases. That makes me think—for someone like me who’s doing renovations on my business property, should I start small with suppliers (smaller repeat orders) before asking for Net 30, or should I go straight for it?

Also, you mentioned some distributors only offering Net 30 after six months—what’s been your best strategy for shortening that timeframe? Have you ever leveraged business credit (DUNS, Paydex, or trade lines) to fast-track approval?

This is solid stuff—I appreciate you dropping knowledge! 🚀🔥

 I'd go for it, what the heck. It may boil down to your preference on product they carry too. 

I definitely think having good business credit could expedite the time frame.

I do try to pay off early though when I can, and don't bust their chops on pricing lol

 Hey Alan,

That’s the energy I like—just go for it! 🔥 I’ll definitely start pushing for Net 30 now and see who’s willing to play ball.

Good to know that solid business credit can speed up approvals. I’ve been building my DUNS, Paydex score, and vendor accounts—so I should be in a good position to leverage that.

When you first started using Net 30, did you find it easier to work with local suppliers or did you have more success with national distributors? I’d assume local suppliers might be more flexible if you build a relationship, but maybe bigger companies have better structured Net 30 programs?

Also, do you ever negotiate terms beyond 30 days (Net 60/90), or do you just prefer paying it down early to keep things moving?

Appreciate your insights, man—this has been super valuable! 🚀💰

 They've all been local, but some are national companies. In my experience the managers essentially operate as their own business unit.

I've never asked for net billing to go above 30, they offered as time went buy. I think some of it has to do with the sales guys influence on the manager and how well they are doing relative to profit.

Theres a couple that would let me go to 120 if I asked, but I'd really prefer not to do that.

I'm a mom n pop and rather risk adverse lol

 Hey Alan,

Appreciate the breakdown—this is solid insight! 💯 It makes sense that sales guys & managers have some influence on Net 30 extensions. Sounds like building a strong relationship with the right people can make a big difference in getting better terms.

I didn’t realize Net 120 was even an option—that’s crazy! Even though you prefer to keep it at 30, do you think longer terms (Net 60/90/120) are only available to those with high volume orders, or could a strong D&B Paydex score help with that?

Also, when dealing with local suppliers vs. national companies, have you noticed local managers being more flexible in offering Net 30 faster, or do national distributors tend to have better structured terms?

This info is gold, Alan—appreciate you sharing your experience! 🚀💰

I'm not privy to the big guys books, but I'm pretty sure they get more favorable terms, including initial prices.

I think it really depends on the manager of the branch, that being said I don't know what kind of pressure they're under from corporate.

A smaller company I bought from was bought out by a national, most everyone quit or was replaced. I'd been with them 14 yrs, no more free coffee or net billing lol.

sometimes the sales guys go to different companies, they'll LMK and I'll move to that different company. But I've burned some bridges. 

IMHO there's only 1 constant is business, and that's change.

Quote from @Mathew Kires:

Quote from @Alan F.:

Quote from @Mathew Kires:

Quote from @Alan F.:

Quote from @Mathew Kires:

Hey Alan,

This is great insight—really appreciate you breaking it down! It makes sense that contractors with licenses and established D&B credit have an easier time securing Net 30 terms, but I’m definitely curious how investors like myself (without a contractor’s license) can still tap into these opportunities.

I’m currently renovating my business property (which is also my home) and looking to use Net 30 terms for flooring and materials. From what you’ve seen, would using my business credit (DUNS, NAV accounts, etc.) help get approved with larger suppliers, even if I’m not a contractor?

Also, do you think building supplier relationships through repeat small purchases would increase approval odds for Net 30? Or is it more about volume and industry-specific qualifications?

Would love to hear your thoughts—appreciate your time, Alan! 🚀🔥

 Youre a business so I would definitely approach them for net terms, nothing ventured nothing gained. Even if I was told no initially I would still lean in that direction. In business I was taught to "cast a wide net". A salesman once told me "every no gets you closer to a yes"

As far as volume vs margins that may be very specific to the supplier. As an example I've stopped doing business with a plumbing distributor as they want to move away from mom n pops like me and target high volume tract builders. I found a start up, ironically they do sell retail but don't "open" to retail til 9am. I go in for quickies between 6a - 9a. I call in to sales anytime for deliveries. After only 6 months they offered net. 

Alot of small businesses (and some distributors) still have rather personal relationships.

1 thing about the distributors I have noted; they carry materials that are less inclined to be returned (failure, fitment, ease of installation) I use product that on the surface seems to be slightly more expensive than box stores or online. Ultimately ease of installation and low failure actually saves me money.

I use square D electrical, kiln dried lumber, still sweat copper pipe, still like hot mop shower pans etc.

It works in CA markets, in lower margin markets it may not work though 

 Hey Alan,

Man, this is gold—I really appreciate your insights! You’re 100% right about casting a wide net and pushing for Net 30 terms even if the initial answer is "no." I like that mindset: "Every no gets you closer to a yes." 💯

Your breakdown on volume vs. margins is super helpful. Sounds like suppliers are more likely to offer Net 30 if they see consistent orders rather than just large one-off purchases. That makes me think—for someone like me who’s doing renovations on my business property, should I start small with suppliers (smaller repeat orders) before asking for Net 30, or should I go straight for it?

Also, you mentioned some distributors only offering Net 30 after six months—what’s been your best strategy for shortening that timeframe? Have you ever leveraged business credit (DUNS, Paydex, or trade lines) to fast-track approval?

This is solid stuff—I appreciate you dropping knowledge! 🚀🔥

 I'd go for it, what the heck. It may boil down to your preference on product they carry too. 

I definitely think having good business credit could expedite the time frame.

I do try to pay off early though when I can, and don't bust their chops on pricing lol

 Hey Alan,

That’s the energy I like—just go for it! 🔥 I’ll definitely start pushing for Net 30 now and see who’s willing to play ball.

Good to know that solid business credit can speed up approvals. I’ve been building my DUNS, Paydex score, and vendor accounts—so I should be in a good position to leverage that.

When you first started using Net 30, did you find it easier to work with local suppliers or did you have more success with national distributors? I’d assume local suppliers might be more flexible if you build a relationship, but maybe bigger companies have better structured Net 30 programs?

Also, do you ever negotiate terms beyond 30 days (Net 60/90), or do you just prefer paying it down early to keep things moving?

Appreciate your insights, man—this has been super valuable! 🚀💰

 They've all been local, but some are national companies. In my experience the managers essentially operate as their own business unit.

I've never asked for net billing to go above 30, they offered as time went buy. I think some of it has to do with the sales guys influence on the manager and how well they are doing relative to profit.

Theres a couple that would let me go to 120 if I asked, but I'd really prefer not to do that.

I'm a mom n pop and rather risk adverse lol

Quote from @Mathew Kires:

Quote from @Alan F.:

Quote from @Mathew Kires:

Hey Alan,

This is great insight—really appreciate you breaking it down! It makes sense that contractors with licenses and established D&B credit have an easier time securing Net 30 terms, but I’m definitely curious how investors like myself (without a contractor’s license) can still tap into these opportunities.

I’m currently renovating my business property (which is also my home) and looking to use Net 30 terms for flooring and materials. From what you’ve seen, would using my business credit (DUNS, NAV accounts, etc.) help get approved with larger suppliers, even if I’m not a contractor?

Also, do you think building supplier relationships through repeat small purchases would increase approval odds for Net 30? Or is it more about volume and industry-specific qualifications?

Would love to hear your thoughts—appreciate your time, Alan! 🚀🔥

 Youre a business so I would definitely approach them for net terms, nothing ventured nothing gained. Even if I was told no initially I would still lean in that direction. In business I was taught to "cast a wide net". A salesman once told me "every no gets you closer to a yes"

As far as volume vs margins that may be very specific to the supplier. As an example I've stopped doing business with a plumbing distributor as they want to move away from mom n pops like me and target high volume tract builders. I found a start up, ironically they do sell retail but don't "open" to retail til 9am. I go in for quickies between 6a - 9a. I call in to sales anytime for deliveries. After only 6 months they offered net. 

Alot of small businesses (and some distributors) still have rather personal relationships.

1 thing about the distributors I have noted; they carry materials that are less inclined to be returned (failure, fitment, ease of installation) I use product that on the surface seems to be slightly more expensive than box stores or online. Ultimately ease of installation and low failure actually saves me money.

I use square D electrical, kiln dried lumber, still sweat copper pipe, still like hot mop shower pans etc.

It works in CA markets, in lower margin markets it may not work though 

 Hey Alan,

Man, this is gold—I really appreciate your insights! You’re 100% right about casting a wide net and pushing for Net 30 terms even if the initial answer is "no." I like that mindset: "Every no gets you closer to a yes." 💯

Your breakdown on volume vs. margins is super helpful. Sounds like suppliers are more likely to offer Net 30 if they see consistent orders rather than just large one-off purchases. That makes me think—for someone like me who’s doing renovations on my business property, should I start small with suppliers (smaller repeat orders) before asking for Net 30, or should I go straight for it?

Also, you mentioned some distributors only offering Net 30 after six months—what’s been your best strategy for shortening that timeframe? Have you ever leveraged business credit (DUNS, Paydex, or trade lines) to fast-track approval?

This is solid stuff—I appreciate you dropping knowledge! 🚀🔥

 I'd go for it, what the heck. It may boil down to your preference on product they carry too. 

I definitely think having good business credit could expedite the time frame.

I do try to pay off early though when I can, and don't bust their chops on pricing lol

Quote from @V.G Jason:

I am a bit more in the camp of @John Clark. I think we see some serious headwinds with these policies, especially in the short-moderate term.

 That makes me wonder...if there is some type of recession, would that slow down the velocity of $? Could that have an effect on inflation? Some economists believe its the way out of an inflationary economy.

I'm terrible at prognosticating but sure want to understand more.

In silicon valley there still seems to be alot of cash racing around.

Just saw a 50 yr old 1200 sq ft B class box sell for 100k over asking at $1.25 m. Aluminum wiring, framed on 24 in centers. Just lipstick and eyeliner lol. Location, location, location.

Quote from @Mathew Kires:

Hey Alan,

This is great insight—really appreciate you breaking it down! It makes sense that contractors with licenses and established D&B credit have an easier time securing Net 30 terms, but I’m definitely curious how investors like myself (without a contractor’s license) can still tap into these opportunities.

I’m currently renovating my business property (which is also my home) and looking to use Net 30 terms for flooring and materials. From what you’ve seen, would using my business credit (DUNS, NAV accounts, etc.) help get approved with larger suppliers, even if I’m not a contractor?

Also, do you think building supplier relationships through repeat small purchases would increase approval odds for Net 30? Or is it more about volume and industry-specific qualifications?

Would love to hear your thoughts—appreciate your time, Alan! 🚀🔥

 Youre a business so I would definitely approach them for net terms, nothing ventured nothing gained. Even if I was told no initially I would still lean in that direction. In business I was taught to "cast a wide net". A salesman once told me "every no gets you closer to a yes"

As far as volume vs margins that may be very specific to the supplier. As an example I've stopped doing business with a plumbing distributor as they want to move away from mom n pops like me and target high volume tract builders. I found a start up, ironically they do sell retail but don't "open" to retail til 9am. I go in for quickies between 6a - 9a. I call in to sales anytime for deliveries. After only 6 months they offered net. 

Alot of small businesses (and some distributors) still have rather personal relationships.

1 thing about the distributors I have noted; they carry materials that are less inclined to be returned (failure, fitment, ease of installation) I use product that on the surface seems to be slightly more expensive than box stores or online. Ultimately ease of installation and low failure actually saves me money.

I use square D electrical, kiln dried lumber, still sweat copper pipe, still like hot mop shower pans etc.

It works in CA markets, in lower margin markets it may not work though 

Quote from @Mathew Kires:

Quote from @Alan F.:

Quote from @Mathew Kires:

💼 Has Anyone Used Net 30 Terms for Business Renovations? 🚧

I’m looking to renovate my business address (which is my home) and upgrade the flooring, but I want to use Net 30 payment terms to manage cash flow effectively.

✅ Has anyone used Net 30 accounts for materials (flooring, supplies, etc.)?

✅ Do flooring companies or contractors offer Net 30 for labor costs?

✅ Any recommendations for suppliers or strategies to set up Net 30 for renovations?

I’d love to hear from anyone who’s used business credit or vendor accounts for property renovations. Drop your insights, referrals, or experiences below! 🚀

 I use net billing from material distributors, it's kinda accidental though. Over many years of being a contractor it was offered to me. Now I'm at net 90 from most. I'm very loyal to them, there's also other benefits like sales reps, product updates, code revisions and free delivery amongst a few. Lots of these guys are personal friends now. They all require licensure though.

Alan, this is gold! I appreciate you sharing your experience. Getting to Net 90 sounds like a game-changer for cash flow. Do you think new investors can build similar supplier relationships from scratch, or does it take years in the game like it did for you? Also, when you say licensure is required, do you mean for all types of Net 30/90 accounts, or just contractor-specific ones? Thanks, man!

 Keeping in mind my experience is limited to my area, CA. The distributors I use like lumber, electrical, plumbing, HVAC all require a valid and active contractors license to buy at all. Most of my contractor friends earned this privilege by being good customers. Some of the larger companies used their D&B credit to jump start their net billing process.

I'm going out on a limb here and assuming that an investor could do the same, albeit with suppliers that don't require licensure. There are large stone supplier that I know of that does this. They move pretty high volume.

I don't know many investors (that aren't contractors) but from what I can tell those investors use general contractors so they may specify certain materials its more relative to cosmetics rather than infrastructure.

My guess is that ultimately building trusted relationships could benefit people looking for net billing. CA is also rife with various laws and requirements too.

Quote from @Mathew Kires:

💼 Has Anyone Used Net 30 Terms for Business Renovations? 🚧

I’m looking to renovate my business address (which is my home) and upgrade the flooring, but I want to use Net 30 payment terms to manage cash flow effectively.

✅ Has anyone used Net 30 accounts for materials (flooring, supplies, etc.)?

✅ Do flooring companies or contractors offer Net 30 for labor costs?

✅ Any recommendations for suppliers or strategies to set up Net 30 for renovations?

I’d love to hear from anyone who’s used business credit or vendor accounts for property renovations. Drop your insights, referrals, or experiences below! 🚀

 I use net billing from material distributors, it's kinda accidental though. Over many years of being a contractor it was offered to me. Now I'm at net 90 from most. I'm very loyal to them, there's also other benefits like sales reps, product updates, code revisions and free delivery amongst a few. Lots of these guys are personal friends now. They all require licensure though.

Quote from @John Clark:

Quote from @Peter Tverdov:

There might be some short term pain on certain materials but long term it will be better IMO.

It was not normal or sustainable for home values to be increasing 10-20% A YEAR in certain metros.

DOGE is a great thing for interest rates because the 10 year is elevated because we have a 2T budget deficit and its not funny anymore. 

They're very focused on trying to get the budget closer to balanced and as they do, the 10 year will drop which means better mortgage rates which is very pro housing growth.

The guy is not stupid no matter what the MSM says about him. Our President is a real estate guy lets not forget that.

"

They're very focused on trying to get the budget closer to balanced and as they do, the 10 year will drop which means better mortgage rates which is very pro housing growth.

The guy is not stupid no matter what the MSM says about him. Our President is a real estate guy lets not forget that."

----------------------------------------------

They're trying to get the budget closer to balance so they can argue for tax cuts for the rich. Remember, the deficit grew more under Trump than it did under Biden.

As for not being stupid, that I grant you. Too bad ignorance is not a function of stupidity.

 1 thing about the TCJA that alot of folks don't understand is the benefits for schedule C filers. Hence many sole proprietors are in favor.

I have no knowledge though of the benefits to high level rich people though.

I'm pretty ignorant to what people know from watching TV. I'm very well versed in how these policies affect my small business. But no doubt I'm ignorant.

Scott; you're not a pundit per se lol, you create moderate discussions.

For context I'm a contractor that's in the trenches every day and my entire family is from South America, every tradesmen I work with speaks Spanish, as do I albeit poorly. I, and most of the people I know are not stereotypical "Californians" People are far more complicated than stereotypes.1st I believe that these effects will be state specific. Here in CA deportations will have a lesser effect. I have noticed in migration from other states of "non documented" immigrants, and it is very true that the trades are heavily dependent on all migrants. That includes the stereotypes, but also people from Eastern Europe as well as the Pacific rim countries too.

Most of the people I've met don't get state supplied housing, they rent from private landlords and usually pay in cash. Generally theres several bread winners in 1 household.

In terms of the greater economy I think we're in a form of stagflation. I'm well aware the data belies that, hence buzzwords like "stackflation" yada yada. I think inflation was inevitable because of long term cause and effect. Quanatative easing, low % rates, govt overspending and generally obtuse economic policies have led us here. This takes a long time to work out, there's not alot of tools in the box to make it go away, especially since Americans don't have good memories and want it fast.

NAFTA, Dodd Frank, QE & many other poorly thought out and partisan policies have long term effects. Lowering prime will extend "inflationary" pressures, ironically a recession (a real 1 not covid) would actually be faster than what's going on now, but I don't think that's going to happen. 

BTW the GFC is still being felt today in the building sector, young people are not rushing to become contractors, no matter how hard Mike Rowe works lol.

I am seeing various machine shops, contract manufacturers, steel fab shops front load material costs but not by much and according to their owners its more relative to inflation from insurance, fool and employee o.h. costs (comp, insurance etc.) 

I think inflation has a ways to go, we'll need more lay offs and itll generally be a slow road for the greater economy to change. 

Who really knows? I certainly don't. Just some musings and opinions.

I do enjoy reading everyone's opinions though, its what learning is all about.