Posted on 02/05/2022 11:35:51 AM PST by Browns Ultra Fan
Inflation is literally burning a hole though the pockets of Americans. The Flexible Price CPI is raging at 18% YoY. The Dallas Fed has their preferred measure of inflation, the trimmed mean CPI, is growing at only 3.05% YoY. The classic measure of inflation, CPI YoY, is growing at 7.12%.
That is of course if you can find things to buy at the grocery store.
I remember when Fleetwood Mac played at Bill Clinton’s first inauguration party. Perhaps Fleetwood Mac can play at the midterm election party commemorating the rampant inflation under Biden’s “leadership”: Bare Shelves.
(Excerpt) Read more at confoundedinterest.net ...
This is nuts. We consumers spend 3% higher getting through the front door of the store from the parking lot.
It goes way up once we’re inside. 3%??
I don’t buy them (Pringles chips), but notice them and the prices. A few weeks ago they were $1.15 at my Publix. Today I saw they were $1.99.
Just went to market today spiral ham 13 pounds $80.00. (5.99/lb.)
Yikes! That is incredible!
My elderly dog has an autoimmune disease and allergies, and the special food the vet had her on (Pro Plan Special Diet for Sensitive Skin and Stomach) became unavailable in any store, also online. So I had to switch to another dog food that works for her. It went from $19.99 per bag to $29.99 a couple of weeks ago! That’s a 50% increase!
18 months ago you could get a 5 quart bottle of motor oil for 17 bucks now it’s 23.
And the filters that were 3 bucks are now 5.
Auto parts prices are surging across the board and a surprising number of things are unavailable/backorder/etc.
We were looking for a cam phaser assembly for a popular domestic V8.
Nobody got one...looked all over the internet and local.
Everybody shows it on their catalog, nobody has it in stock.
Pulling one from a junkyard wreck.
Way to go Brandon!
the USA is now analogous to being the frog in the pot of water slowly getting boiled to death. Death is final
If the Feddies believe inflation is at 3%, they’ve lost touch with reality and are eating too many cannabis ice cream cones. Idiots.
Went to several stores today looking for saltine crackers. Guess what out of stock everywhere. Really?
I orders a pound of sliced black Forrest ham and a bag of frozen sausage patties this morning, $17. Two years ago $11 if not less.
As a large consumer of auto parts (used car dealer) I am also seeing some very worrying things.
Part stocks are running very low and when I once had several choices in brand and price of the part I needed I now have one and it’s the most expensive option when there was options.
Ford?
I just pulled one out of a core engine for that reason. There was no name ones on Amazon of questionable quality but...
Just went to market today spiral ham 13 pounds $80.00. (5.99/lb.)
—
At those prices, is the market offering dealer financing?
“We consumers spend 3% higher getting through the front door of the store from the parking lot.”
Wut?
I’ve never been charged to enter a store.
“It went from $19.99 per bag to $29.99 a couple of weeks ago! That’s a 50% increase!”
My dogs have allergies to dry dog food. I bought 2 bags of 10 lb bone-in chicken cuts at WM for $6.57 a piece. I boil them up in a big pot then add a few pounds of WM white rice from one of their large bulk bags. It’s cheaper than canned Ole Roy (their favorite). One large pot (10 lb chicken + lots of rice) lasts over a week. They love it.
No, the feds don’t believe 3% inflation. They know though that about half of Americans - aka Democrats and other Biden voters - are stupid enough to believe it.
I know. What this requires is suspension of disbelief and a dose of poetic license for me. The mood is set as we imagine prices going up hour by hour, so going from the parking lot to the store shelves gives time for price increases.
Or, just say I am flatly wrong. It's okay.
One of the gas price increase times (1970s-1980s) there would be employees with a step ladder blocking the next car in line for gas. He would get up and raise the price by hand before the next guy got to start his gas. This worked with employee pumping or customer pumping. No gas until the new higher price.
Not to be confused with the gas guzzler car in the magazine cartoon where the Gomer Pyle type employee had to say "Sir, I'm sorry but you have to turn off the engine or I'll never get this thing filled up."
This is how governments will rob pensioners. The inflation indexes they tie pensions to will not reflect actual inflation.
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