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I went to the 99 Cent store this morning. Because Trader Joes and Whole foods have gotten too expensive and stopped carrying many items I liked.
Here's what I found. Strawberries went from $1 to $2.49 - a 150% increase, not 6.4%. Most fresh second grade vegetables went from $1 to $1.49, a 50% increase. Portabella mushrooms went from a package of 2 for $1 to ONE for $1.49, a 150% increase, accounting for the shrinkflation. Other vegetables were holding at .99 still. Onions, tomatoes, squash.
The canned shelves were taking a beating, empty spots, one row of cans. Long term items like canned hams, are, gone. Can't find spices like nutmeg and cinnamon.
I hear Dollar Tree has done a blanket increase from .99 to $1.24 - a 24% increase, not 6.4%.
I was at a chain market last week, milk went from $2.59 to $2.99. What's that, about a 20% increase? Eggs from .99 to $1.79 for the cheapest dozen, over a 75% increase.
Yes, I know I'm taking select items. But it doesn't change the fact that as usual the government is fudging the numbers and lying to us.
Just like with the unemployment rate, 4.6% is a lie. More like 25%. Maybe it's where I live (lot of retired folk) but it seems hardly anybody is working, except those with cushy govt jobs. Most are doing gig work, or on the dole, or selling dope or catalytic converters...
Let's compare notes. What's happening where you are?
Should the government enact price controls like in the 70's? If not now, when?
It's all those healthy things you eat. Just switch to eating a couple of Big Macs every day. They've gone up a little, but you could live indefinitely on Big Macs and spend less than $8 per day. If you are really into saving money, you can get 2 McDoubles for under $4.
Republicans are using inflation as a scare tactic because they don't like social spending programs.
Scare tactic. You sound like a woman about to divorce her husband hell bent on a spending spree to empty the account yet all the while knowing he'll still be forced to take care of you so long as you don't get remarried.
We are being led to believe that things are much more "Cherry' than they truly are. An economic collapse of immense proportions has to be coming. I don't see how it couldn't be. You can't keep spending and printing money like a drunken sailor every year
Status:
"everybody getting reported now.."
(set 26 days ago)
Location: Pine Grove,AL
29,568 posts, read 16,556,695 times
Reputation: 6044
Quote:
Originally Posted by DannyHobkins
Real inflation is much more than what we are being told. The dollar store is even raising its prices 25%. The best thing to do is call your Congressman and say vote no on Build Back Better.
I dont think you know what inflation even is if thats your solution
Fresh cod jumped from $6.99/lb to $8.99/lb last week for me.
That was the biggest increase I saw and remembered.
Stew meat was over $7/lb...don't ever remember paying that much for crappy beef (which is what stew meat is)
Everything else...more like 10-15% increase.
Gas actually went down here and is under $3/gal.
Status:
"everybody getting reported now.."
(set 26 days ago)
Location: Pine Grove,AL
29,568 posts, read 16,556,695 times
Reputation: 6044
Quote:
Originally Posted by TMSRetired
Hogwash. Spending over $5 trillion of money we don't have will not lower inflation.
Free this and free that only makes things worse.
The Fed created this inflation by creating $12 trillion out of thin air and pumping the economy by buying stocks on Wall Street.
They eroded the value of the dollar. Now they have to reign in the SPENDING by upping interest rates.
Yall keep confusing measuring how far a dollar will go with what causes inflation. they are not the same thing.
creating money out of thin air doesnt cause inflation nor does spending it for that matter. Both can make it worse, we can be honest about that, but not with BBB
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