Prices Through the Years

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saltedplug

Lifer
Aug 20, 2013
5,192
5,118
When I speak of money - power I speak of corporations such as Nestle with profits such as 90 million/year in the last years, so profitable that the CEO Ulf Schneider pulls in 10 million/year as his due recompense, which at $37,000/day is more than twice my yearly income. This is a lot of money and a lot of power, enough to buy a government or perhaps just the Senate.

But tobacco is profitable on an entirely different scale. In 2015, the most recent year for which figures are available, the world’s six largest cigarette manufacturers made a profit of more than USD 62 billion, enough to buy governments or perhaps the Congress.

"Power tends to corrupt and absolute power corrupts absolutely. Great men are almost always bad men, even when they exercise influence and not authority: still more when you superadd the tendency or the certainty of corruption by authority. There is no worse heresy than that the office sanctifies the holder of it." Lord Acton
 
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Reactions: LotusEater
Mar 2, 2021
3,473
14,255
Alabama USA
When I speak of money - power I speak of corporations such as Nestle with profits such as 90 million/year in the last years, so profitable that the CEO Ulf Schneider pulls in 10 million/year as his due recompense, which at $37,000/day is more than twice my yearly income. This is a lot of money and a lot of power, enough to buy a government or perhaps just the Senate.

But tobacco is profitable on an entirely different scale. In 2015, the most recent year for which figures are available, the world’s six largest cigarette manufacturers made a profit of more than USD 62 billion, enough to buy governments or perhaps the Congress.

"Power tends to corrupt and absolute power corrupts absolutely. Great men are almost always bad men, even when they exercise influence and not authority: still more when you superadd the tendency or the certainty of corruption by authority. There is no worse heresy than that the office sanctifies the holder of it." Lord Acton
What about the SS that were carrying out orders?
 

Chasing Embers

Captain of the Black Frigate
Nov 12, 2014
46,026
123,345
Perhaps when there is no more tobacco I will convert to pot. :)
Why not both?
Careful

Off-topic, E-cig, Hookah Posts, Marijuana, etc.
7. Discussion of electronic cigarettes, or any other electronic nicotine delivery device is forbidden. Posts regarding marijuana or other drugs are not allowed. These items have NOTHING to do whatsoever with the true pipe smoking experience.
 

mso489

Lifer
Feb 21, 2013
41,211
60,666
It seems as if the tax man gets there long before market prices. It's taxes that give us the $120 carton of cigarettes or the $50 tin of pipe tobacco. Combine that with all kinds of prohibitions on what kind of pipe blends can be sold, and you have a shrunken market with steep prices. At a bowl a day, and with a accumulated stash -- though nothing like some -- I'm not in a panic. I could get to be one of these two bowls a week smokers, or bowl a week smokers, or special holiday smokers. What other simple pleasures can be made expensive and inconvenient? And for what reasons?
 

krizzose

Lifer
Feb 13, 2013
3,470
22,199
Michigan
In the future we can expect that like all other forms of tobacco that it will no longer be legal to buy, sell online or by mail, or have it delivered.

I wholeheartedly agree. I’m far more concerned about the prohibition of the online marketplace (primarily through laws in the various states [see Washington]) far more than I am about an increase in prices.

I have completed my major buying, and have a cellar that should last me the rest of my days. I don’t smoke very much, so it wasn’t that hard to do. I’m sure the total weight of my cellar would make some of the chimneys here laugh pretty hard. After more than a year of working from home with the ability to smoke whenever I want without materially increasing my smoking rate , I’m confident that eventual retirement won’t result in any changes there. I still buy a few tins here and there, but nothing like I used to.

I don’t equate stocking up a personal supply with hoarding. I’ve never bought more that what I wanted for myself, and I don’t own a gram of tobacco I bought with speculative intent for eventual sale on the secondary market.
 
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Mr.Mike

Part of the Furniture Now
Nov 11, 2019
844
2,049
Pennsylvania
Yep, cheapskates be all complaining about the secondary market now. But, to get hold of my cellar once tobacco is gone will cost you a lot more than money.

I don't understand why someone who takes pipe smoking seriously has not already back stocked a cellar for at lest for 10 years or so. Or, maybe they are just dabblers and hobbyists.
Cost. Call me dumb but I prioritize bills are tobbaco.
 

cosmicfolklore

Moderator
Staff member
Aug 9, 2013
35,829
84,632
Between the Heart of Alabama and Hot Springs NC
Cost. Call me dumb but I prioritize bills are tobbaco.
I worked it into my monthly budget.
Mortgage $700
Electricity $100
Gas $100
Tobacco $350
Foof $150
Etc…

I was spending that much on cigarettes, so when I quit and started the pipe, I just used the same funds. I don’t buy ANYTHING without a budget. My wife forewarns me weeks ahead of time, so I can get any upcoming expenses on paper. Not that I don’t spend money, but I just don’t want to spend money I don’t have.
 

cosmicfolklore

Moderator
Staff member
Aug 9, 2013
35,829
84,632
Between the Heart of Alabama and Hot Springs NC
Columbia or Constellation
Over My Head GIFs | Tenor
 
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Reactions: JOHN72
Jan 28, 2018
14,311
164,166
67
Sarasota, FL
The logic is simple assuming you agree that most tobacco improves with age. Stock your cellar to the size you can afford both in money and space. If tobacco goes up in price and/or becomes extinct, you made a great move. If the prices only increses modestly and its plentiful in ten to twenty years, you're smoking nicely aged tobacco all the time. Nobody has a crystal ball but the former seems much more likely. Regardless, I'm missing any downside to building your cellar if you're serious about smoking a pipe.
 
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