Posted on 11/05/2023 6:55:00 AM PST by Lazamataz
The Federal Government throws out inflation numbers that don't even have a glancing interaction with reality. Every since they stopped including fuel, housing, and food in the CPI, it in no way reflects day to day existence here on the ground.
Remember as a youth, you'd buy a big bag of Doritos for your party and you'd spend 99 cents? Well, I bought a much smaller bag for $4.69. Funions? $5.69. The bagels I'd but at Aldies went from $1.69 for 6 to $3.19 for 5. A bag of navel Oranges now costs $3.69 for 5.
Things like Doritos have become a luxury item, something you get on extremely special occasions. They're just too expensive to have on a regular basis.
In fact, I foresee a time when restaurants with the name El Doritos pop up. You sit down, and for $20 a patron, they serve you a plate of Doritos.
Where does this end? Mass starvation. This is all purposed.
With the 8 million freeloading invaders Pedo Joe and his Dung Beetle Party have imported to into America to vote, it won’t be long before our shelves are as empty as those in Russia and other communist countries. Be prepared to do a lot of standing in lines. I doubt those Walmart employee shoppers are going to do it for you.
Yuppers...
I stole That!
EVER since ...
True, we really have to adjust people’s nostalgia for how much things cost years ago, based on changes in the rates of inflation over the decades.
Oh yeah !!! The good’ol days.
I remember when a $20 bill would get a 1/2 Gallon of Bacardi Dark Rum, Real Coca Cola to mix with it, a What-a-burger with Fries and Gas to get to and from Work the next week. And still have some pocket change to use a Pay Phone if needed. (for 10 cents)
Even “non-luxury” items are luxury items.
18 months ago, ....
- store brand graham crackers $0.99 / 14 oz box. Today, $2.19 / 14 oz box.
- Store brand coffee creamer $1.89 / 16 oz. Today, $2.99 / 16 oz.
And the real inflation rate = [what]? We all know the people keeping the official inflation rate have to lie about the real rate of inflation in the marketplace because the feral givernment would go bankrupt in less than 48 hours.
I read an article yesterday that the only number one can believe from the feral givernment is how much revenue it takes in. Consider everything else they say to be false. The ferals took in 4.4 trillion for 2023. Real revenue is dropping ... we are already in a real recession [since 2020] ......hence the need for 81,000 IRS agents... need for electronic currency to replace paper currency... the need to [unconstitutionally] take unrealized wealth....
Things are far worse now than in previous decades.
Run the numbers.
“F___ you, I’m Eating!”
I can handle that, but this feels like something different.
Seen the price of smokes lately? Yeow. $8.50 at Circle K. Checkout babe said RI is $13. NY - $17. A PACK! Who can afford all that?
The way to understand/see the truth about inflation is not how much things “cost” today versus x years ago .... but to view it in terms of how much less a dollar buys.
[[The bagels I’d but at Aldies went from $1.69 for 6 to $3.19 for 5. ]]
Classic shrinkflation. Charge more (way more), and provide less product.
A modest point of clarify, if I may.
https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm
The CPI, as published, STILL has the impact of food, energy, etc.
What is missing in the headlines, is that the CPI is often published as a CHANGE value. Thus, the headline last month that the CPI rose 40 basis points, ie 0.4%, simply speaks to price changes month-over-month.
That headline masks your point. To wit: the price of food at home in Sept 2023 rose 10 basis points/0.1%from the previous month. Ok…but… a pound of ground chuck since Bidet started living in the WH went from $4.31 to $5.19 in September 2023.
That 20% increase is massive. And it’s embedded in the baseline. But that elevated baseline is rarely discussed.
I shop at a grocery store that’s within walking distance of a Section 8 housing project. I’m sure a lot of petty shoplifting goes on at that store. But in the past two years I’ve seen only one instance of large-scale shoplifting.
Given how insane prices have become, I’m actually surprised that I’m not seeing more large-scale shoplifting. Give it time, I guess.
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