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Topic Title: 25% Inflation , , , ,
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Created On: 01/14/2022 10:41 AM
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 01/14/2022 10:41 AM
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dingpatch

Posts: 19070
Joined Forum: 07/24/2003

Dollar Tree is now $1.25

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Dora Hates You
 01/14/2022 10:44 AM
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tpapablo

Posts: 44033
Joined Forum: 07/25/2003

I imagine it is getting tough out there for some folks. This inflation isn't hypothetical. IT is showing up for everything. My damn German beer went up 12%, if you can get it.

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 01/14/2022 11:29 AM
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RustyTruck

Posts: 33375
Joined Forum: 08/02/2004

Dollar stores are booming all over the country. That should tell you something about the direction the country is heading.

But as a consumer you can make choices; pass on items that you think are overpriced, and let the market work for you. Unless of course market economics under capitalism trend toward consolidation and monopoly, but heck, then you might sound like you've been reading Marx.

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Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".
 01/14/2022 12:03 PM
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StirfryMcflurry

Posts: 8746
Joined Forum: 08/17/2016

Everythings fine
 01/14/2022 12:28 PM
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Fish Killer

Posts: 71439
Joined Forum: 10/09/2005

Originally posted by: StirfryMcflurry

Everythings fine


Yeah...NO!

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^These are PROVED facts.
 01/15/2022 12:18 AM
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Greensleeves

Posts: 20478
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Hey fatso, the skyrocketing price of kettle chips got you down?
 01/15/2022 10:21 PM
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surferclimber

Posts: 1356
Joined Forum: 01/23/2011

The inflation is real, but the real inflation is tied to supply chain issues as if you reduce supply while demand stays well then no shit econ101 tells you price up. However, what appears to be happening is more cooperate greed magnifying.. Here's an example: at the grocery store cheap steaks used to sell at like $9.99 a pound, but now jumped upto $14.99, so 50% gain. But whole foods the nice dry aged ribeye used to be $22.99 now like $24.99 so what 10%. It's very unbalanced and I think you can figure why. So while I do think there is inflation, I feel cooperate greed is using it as an excuse. This will continue until the spending slows, similar phenomenon to the gas prices going up up up in 2007-8 until they peaked right before well we all know that story...

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get up early and go surf - it'll make that hangover go away and/or make the workday more tolerable :)



Edited: 01/15/2022 at 10:25 PM by surferclimber
 01/16/2022 08:53 AM
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Fish Killer

Posts: 71439
Joined Forum: 10/09/2005

Originally posted by: surferclimber

The inflation is real, but the real inflation is tied to....


BIDEN!



-------------------------
The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.
 01/17/2022 05:31 AM
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Greensleeves

Posts: 20478
Joined Forum: 07/22/2003

Did the price of cheese whiz go up fatty?
 01/17/2022 06:24 AM
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Cole

Posts: 68416
Joined Forum: 07/22/2003

The inflation is real.


Corporations say they need to compensate for higher material costs, even though they are raking in record profits due to people paying more. Inflation or the Great American Fleecing?


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I was right.
 01/17/2022 08:22 AM
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Fish Killer

Posts: 71439
Joined Forum: 10/09/2005

30% inflation...and the commies LOVE it!

-------------------------
The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.
 01/18/2022 07:27 AM
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Cole

Posts: 68416
Joined Forum: 07/22/2003

Originally posted by: Fish Killer

30% inflation...and the commies LOVE it!


Another lie.



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I was right.
 01/18/2022 08:32 AM
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Fish Killer

Posts: 71439
Joined Forum: 10/09/2005

Originally posted by: Cole

Originally posted by: Fish Killer



30% inflation...and the commies LOVE it!




Another lie.


I didn't say what sector...did I?

Nope!

The annual inflation rate in the US accelerated to 7% in the last month of 2021, a fresh high since June of 1982, in line with market expectations and compared to 6.8% in November. Energy was the biggest contributor to the gain but the rise was smaller than in November (29.3% vs 33.3%), with gasoline prices surging 49.6% vs 58.1%. Inflation accelerated however for shelter (4.1% vs 3.8%); food (6.3% vs 6.1%), namely food at home (6.5% vs 6.4%); new vehicles (11.8% vs 11.1%); used cars and trucks (37.3% vs 31.4%); apparel (5.8% vs 5%); and medical care services (2.5% vs 2.1%). Inflation spiked in 2021 due to pandemic-induced supply constraints, soaring energy costs, labour shortages, increasing demand and a low base effect from 2020. Inflationary pressures are likely to last well into the middle of 2022 and Fed Chair Powell recently pledged to do what's necessary to contain an inflation surge including increasing interest rates. source: U.S. Bureau of Labor Statistics



-------------------------
The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.
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