I paid at least double, maybe triple for scallions yesterday than not too long ago. My house is worth over double what I paid 6 years ago, yet no young people can buy it and prices aren’t really backing down at all.
The crap-weasals who cook the inflation books are clowns. They no longer use food, energy and housing in their calculations.
It’s a joke, but the math catches up sooner or later. It already is.
I bought a couple 50# bags of rock salt this past weekend. $10/bag now in southern NH. It was $8.99 last year. I asked the local ACE hardware store why it was up in price. He told me their costs had gone up. I called BS on him to his face. He owns the store I have been going to for 30 years.
I told him I had just sold a truckload of rock salt the previous week. That American Rock Salts wholesale price had not changed at all from last year. The freight also has not changed. He said that they were competitive with the other local retailers. He was correct, Lowes was 10.29/bag.
My point is that even on items that are not up in price at the wholesale level, the retailers are pushing up prices because they know they can. IF their competition down the street is X, they only need to be at the same.
I think Black Rock is buying...in hopes of paying off in mega-inflated $$$.