Posted on 01/22/2024 7:45:38 AM PST by davikkm
Alright, buckle up for this one. So, it seems like they're pulling some pricing shenanigans, you know, the kind that messes with your head. Take ChapStick, for example – they're slapping a fake markdown from a whopping $9 down to $1.43. And it's not just lip balm; we're talking hefty bags that normally cost $5 getting a fake markdown from $35 to $15. It's like a weird pricing rollercoaster, and Walmart's in on the ride.
Now, why are they doing this? Well, rumor has it they're trying to ease us into what they're calling hyperinflation. Big, several hundred percent price hikes are apparently looming on the horizon, and Walmart's playing the complicit sidekick.
(Excerpt) Read more at citizenwatchreport.com ...
“they’re trying to ease us into what they’re calling hyperinflation”
This is about as likely to be successful as trying to “ease” an entire watermelon down your throat in one bite.
Blah blah blah
Nobody knows what induces (not causes) inflation. The cause is obviously imagination of counterparties agreeing on higher price. But what induces the imagination?
There is a popular theory about money supply . . . “too much money chases too few products”. That’s another blah blah blah.
Then there is the “LAW” . . . we got taught it is a LAW OF NATURE that supply and demand determines price. Notice that does not involve money supply?
Except neither has direct control of human brains. Imagination of counterparties determines price. If there is no counterparty agreement, there is no transaction.
(Except, trashing another LAW OF NATURE that economics wants to believe in, the vast majority of goods changing hands of ownership in history has taken place via conquering nations, or inheritance or outright theft. Price didn’t decide any of that.)
I went out to the liquor store to get a pint of Guinness for a beef stew recipe. I found the Guinness (I’m not normally a beer drinker). The shelf had an area for 16 oz cans of Guinness.
But the cans I bought were 14.9 oz. So, I can no longer buy a pint of Guinness because of inflation.
The last time I was in a Home Depot I noticed there were big discounts on wheelbarrows. Coincidence?
Chapstick is dirt cheap on Amazon—and it is nonperishable.
Buy in bulk and you save a fortune now—and protect against future inflation.
Here is the root cause of inflation. It may not be apparent to the public, but on foreign exchange THEY KNOW.
Figures never lie, but Liars Figure.
When the US Fed Reserve starts taking lessons form Larry Fink at Blackrock, the house of cards will eventually collapse. Blow completely up.
How BlackRock Conquered the World (Sep 19, 2023)
https://www.corbettreport.com/blackrock/
I wish I understood your post. I just don’t. I don’t have a background in economics and you are probably touching on some common themes. But I don’t understand them. Can you assume I am dumb, not far off and explain like Walter Williams did.
I have definitely been noticing this on the Walmart website. I like the pick-up service. Anyway, the last time I shopped, I noticed a high original prices with a line through them (which I never would have paid) and then the “savings” price (which I originally paid before), At checkout they tell you the exorbitant amount you have saved. It’s unreal. . . it’s a scam.
Are you insane? Money supply causing inflation isnt a “theory” it is obvuous common sense, long known, long proven. Supply and demand yes is the ultimate issue. Im this case supply of money vs demand for goods! This IS an instance of supply and demand, i.e. the quantity theory of money.
“Nobody knows” what causes inflation? Maybe nobody knows what causes objects to fall from a height towards the centre of the earth either.
My experience is that chapstick loses its softness after a couple of years past its date.
I actually use Blistik—and have some ten years old that is fine.
A duck walks into a drug store. The clerk says, "May I help you?" The duck says, "I want some Chapstick, and put it on my bill."
I think the OP isn’t focusing on the mechanics of hyperinflation. They’re instead offering a theory that retailers seem to be getting the public prepared for significantly higher prices. The example given is Walmart’s online grocery page, where you can see 16oz jars of peanut butter “marked down” to about $2 or $3, but the “original price” is supposedly more than $12 - for a single jar of peanut butter.
I beat my sugar habit with cookies but I was impressed by the way they put empty space at each end of the package to make it look like there were about 6-8 more cookies in there.
You didn’t miss anything.
The markup-markdown game has been around for as long as I can remember.
Are you an idiot?
Money supply enters that equation on the "demand" side. Without money, there is no demand. Increase the money supply, and more people will demand the product, since more people will have that extra money.
My God, that sounds horrific!!
I think it’s done by squeezing so hard that we all just give up.
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