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Old 06-20-2014, 09:59 AM
 
Location: USA
2,593 posts, read 4,239,198 times
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Inflation? Only If You Look At Food, Water, Gas, Electricity And Everything Else
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Old 06-20-2014, 10:34 AM
 
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None near me. Food prices are the about same as the were 4 years ago and gas is about the same as it was when I first started driving. According to the original source food prices are up 2.5% over the past 12 months though, so it's not the doomsday scenario the economiccollapseblog is portraying.

http://www.bls.gov/news.release/pdf/cpi.pdf
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Old 06-20-2014, 01:05 PM
 
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If it were just inflation why would anyone complain about it? Do I care if I am paid 10k a year and shop at the dime store vs 100k a year at the dollar store?

So its not just about inflation is it? Its about one ratio against another. Wages are not rising with the rise in the cost of living. That is not "inflation". Its a rise in price against wages.
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Old 06-20-2014, 01:37 PM
 
Location: Heartland Florida
9,324 posts, read 26,749,371 times
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The money supply has been inflated by trillions from the Fed and banking funny money. Wages are stagnant. Consumer prices are not inflation but the effect of it. Money printing (QE) is inflation, PERIOD!
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Old 06-20-2014, 03:05 PM
 
Location: Sputnik Planitia
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Starbucks hiking prices on drinks, bagged coffee | Shreveporttimes | shreveporttimes.com
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Old 06-20-2014, 06:09 PM
 
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That's about a 2% increase and Starbucks just added a $30K tuition perk for their employees.
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Old 06-20-2014, 06:16 PM
 
48,502 posts, read 96,856,573 times
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It varies by month but Y to Y inflation is below 2% and wages a little above that.
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Old 06-20-2014, 06:53 PM
 
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Surely you people don't believe the phony numbers coming from the BLS. Inflation is everywhere. And if you think it's not, you must be locked in a cell someplace
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Old 06-20-2014, 07:06 PM
 
11,768 posts, read 10,261,651 times
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Quote:
Originally Posted by John7777 View Post
Surely you people don't believe the phony numbers coming from the BLS. Inflation is everywhere. And if you think it's not, you must be locked in a cell someplace
I just went to the grocery store last weekend and paid attention to the prices to see if I was nuts. (This topic keeps coming up with people claiming a 25% inflation rate).

Milk: $3/gallon
Almond milk $10/3 liters
Eggs: $2-$3/12 pack
Bread: $2
Ocean Salmon: $5/lb
Cereal: $3
Tuna: .60
90% Ground beef: $3.35/lb
whole wheat Pasta: $1-$2/lb
Soda: $1/2 liter
Beer: $16/12 pack
Water: $2/2 count liter bottles
B/S chicken: ~ $2.97/lb

These prices have barely moved since I started buying groceries.
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Old 06-20-2014, 07:52 PM
 
374 posts, read 492,184 times
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Quote:
Originally Posted by tallrick View Post
The money supply has been inflated by trillions from the Fed and banking funny money. Wages are stagnant. Consumer prices are not inflation but the effect of it. Money printing (QE) is inflation, PERIOD!
+1. Thank you. Beef prices are skyrocketing, chicken has gone up for me 50% since Dec. but I am sure the parking lots are all full around me, food is cheap or just about free, pay your taxes and all is fine people will be here so to say different. Cue the complainers because someone mentioned inflation and that is simply not possible in their world....sigh
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