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Prices are up 20% but my 401k is up 50%. I’m still ahead. Index funds are one way to stay ahead of the Fed’s money printing.
The rich always win. Put your money where they do.
They do, until they don't. What's left of the social order is becoming increasingly destabilized. This will lead to consequences that not even the wealthy can escape. Money is no protection from chaos- just ask the headless aristocrats of late 18th century France.
I am not seeing a 50% cost overall, either (more like 20%, I think) -- but my husband just placed an order for some spices and saw a large increase in those prices. He was told that the cost of shipping overseas products to the U.S. has jumped by 700% since last year!
(As this was told to him over the phone, I have no link to verify that, however.)
Related to the price of fuel in part which democrata have intentionally made expensive.
As a millionaire you probably are somewhat on the right side of the graph. I guess your level of hardship puts you in the 2% red zone. Or maybe there is no particular hardship? Families, not just retirees, in the under $40k bracket are having a harder time of it -- at least about 70% say so. I'm somewhere in the middle graph, mostly in the green. I have seen increases in some prices but not at any level of hardship. I went shopping for clothes today and had sticker shock, but I haven't really done that for a while so I can't say that is a new increase. We are two years into a "perfect storm" of Covid restrictions, 800,000 deaths, employment crisis coupled with unfilled jobs (somehow), supply chain delays, and rising prices, and now seasonal shortages and colder weather. Prices are going to go up.
Just because it's a matter of degree inflation still affects everyone.
Even luxury items the more well to do among us hold off on also affects those down the line from companies to the workers.
They do, until they don't. What's left of the social order is becoming increasingly destabilized. This will lead to consequences that not even the wealthy can escape. Money is no protection from chaos- just ask the headless aristocrats of late 18th century France.
The headless aristocrats. Yeah I remember that was on Metallicas first record right.
They do, until they don't. What's left of the social order is becoming increasingly destabilized. This will lead to consequences that not even the wealthy can escape. Money is no protection from chaos- just ask the headless aristocrats of late 18th century France.
The wealthy have private jets and can escape to wherever they need to. This isn’t the 18th century.
Wait. OP. You're shopping in the 99 cent store, and there are things that are more than 99 cents?
What we have here is the Dollar Tree, and everything is a dollar. Everything. Except stuff that's two for a dollar.
I'm not finding a stiff increase in my grocery bill, on staple items. Bananas are still 44 cents a pound, as they have been for years, for some reason.
You obviously haven't been in a Dollar Tree in a while.
Last year or this year they started a small section with prices up to $5.
Then, a few weeks ago, all....not some....of the $1.00 stuff was raised to $1.25 (and that raise to $1.25 has been mentioned multiple times in this thread).
Bet you voted for Biden. Stop covering for his horrible policies. He triggered this madness the week he took office with his green policies which intended to get americans to stop using fossil fuels and buy electric vehicles. It was a bad idea because it jacked up the cost of transporting goods and every other aspect of the economy including agriculture and industry. Things that have no electric vehicles to force upon. It created chaos and made supply chain issues worse. You voted for the idiot now own your mistake.
Huh? What does that have to do with strawberries being out of season and thus more expensive?
The headless aristocrats. Yeah I remember that was on Metallicas first record right.
Lars and James are probably riding out any increase in the cost of food pretty well .
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