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Old 05-08-2010, 05:09 AM
 
3,336 posts, read 4,326,445 times
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I was just hit with a price increase on my beloved Tiger beer.



The 660 mL bottle that went for RM12.50 is now RM13.00 (4% increase).
The 330 mL bottle that was RM6.30 is now RM6.80 (8% increase).
Chinese shopkeepers like to keep the increase in RM0.50 units; they don't believe in equal % increases.
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Old 05-08-2010, 10:06 AM
 
Location: Maine
2,792 posts, read 1,993,351 times
Reputation: 5027
I just bought some store brand English muffins for $1.59 a bag, last year they were $.99 a bag. and Ice cream packaging has gone from 1.89Lt(1/2 gal.) to 1.75Lt now some brands are down to 1.50Lt but all the boxes look to be the same size and of course the price is the same.


bill
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Old 05-08-2010, 02:21 PM
 
Location: Texas
2,847 posts, read 2,126,297 times
Reputation: 1754
after reading all the posts, the consensus is we are all being screwed on price/size(of course with the exception of Florida Sandy, different issue)
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Old 05-08-2010, 05:23 PM
 
13,673 posts, read 23,847,451 times
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We're not being screwed it's just inflation. And a lot of it.
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Old 05-10-2010, 07:40 AM
 
21,472 posts, read 19,272,794 times
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I just noticed a certain brand of toilet tissue was the same price but had gotten packaged with fewer sheets per roll and was now in a smaller package.
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Old 05-10-2010, 10:50 AM
 
Location: 3rd Rock fts
749 posts, read 1,005,101 times
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Default Devil’s Advocate

Can anybody come up with some real Inflation? So far I’m reading about nickel & dime inflation which can be either avoided or navigated through.

The only inflation I’m having trouble navigating through is Real Estate inflation which is artificial & PEOPLE induced!** As for the necessities in life (food, water, gas/oil, etc…), these are also inflating/regulated because of population increase coupled with diminishing recourses IMHO.

Ironically, I’m having more trouble navigating Deflation; absurdly low interest rates on savings.

**Other examples of people induced Inflation: Healthcare & Education.
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Old 05-10-2010, 10:07 PM
 
10,738 posts, read 8,807,427 times
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Used car prices are up about 20 percent.

http://www.manheimconsulting.com/Use...hly_Index.html
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Old 05-10-2010, 11:04 PM
 
Location: Ohio
22,798 posts, read 15,943,999 times
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Quote:
Originally Posted by DSOs View Post
Can anybody come up with some real Inflation? So far I’m reading about nickel & dime inflation which can be either avoided or navigated through.
There's different types of inflation, each with its own cause, and each with its own solution.

Quote:
Originally Posted by DSOs View Post
The only inflation I’m having trouble navigating through is Real Estate inflation which is artificial & PEOPLE induced!
That would be fiscal inflation. The cause is low interest rates. The price of anything tied to interest rates, likes real estate, automobiles etc gets inflated.

You don't seriously believe you're getting "0% financing" do you? You're being charged interest. It's built into the price of the car.

Congress has several options to counter low-interest rates. It can raise taxes and/or decrease spending among things. Another possibility, especially in the case of inflated real estate is to eliminate or reduce the mortgage interest deduction homeowners get.

Quote:
Originally Posted by DSOs View Post
As for the necessities in life (food, water, gas/oil, etc…), these are also inflating/regulated because of population increase coupled with diminishing recourses.
That's cost inflation. The only course of action is to increase production/supply or reduce consumption.
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Old 05-10-2010, 11:43 PM
 
Location: Viña del Mar, Chile
16,408 posts, read 27,851,834 times
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i hate that coca cola costs 1.25 and not 1.00
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Old 05-11-2010, 01:13 AM
 
Location: Conejo Valley, CA
12,470 posts, read 18,196,698 times
Reputation: 4343
No, my costs have declined. I'm not sure why everyone focuses so much on food, most people spend a relatively small amount of their total income on food. But I have not even noticed an increase in food costs, if anything some things have gotten cheaper. Around 2 years ago some foods did shoot up in costs though (e.g., dairy) but they have come down since then.

Housing (owner's equivalent rent) is the largest component of CPI and its getting hammered along with some other product classes.
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