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.
We now cook nearly all our meals at home. Don’t do fast food, take out or any eating out, mostly cost but I have some mobility issues. Most meals are cooked pretty much from scratch, we try to avoid store bought prepared meals but do use them sometimes to take a break from cooking.
Only exception is delivered pizza for birthdays etc.
Can still do that and have enough for 2 meals for us at about $30 including $5-7 delivery driver tip.
We can’t cut back much more on food.
I would remind all that inflation is personal to each of us. Some affected more than others.
Average inflation doesn’t mean much.
Also, how inflation affects cash flow spending and investments are different.
Each of us has a personal inflation rate. If something is too high in price we find alternatives.
You are right the [real] numbers are far worse than in previous decades. At least decades ago they tried to report the real numbers.
Not too long ago FJB read his prepared cards into the media echo chamber that the inflation we all were seeing was “transitory.” implying it would not become a chronic condition. Nobody seems to be trying to nail his shoes to the floor on this lie ...
It’s crazy all around.
A truck is around $80K
A house, huge variance by local, 600K+
4 years of university >100K
Check out a filet in the grocery store. We’re all going to be eating Ramen…
Society breaks down when you take away decency, rules, and merit.
Anarcho-tyranny is the means to destroy our society, and it’s winning.
Fixed it.
The Ministry of Truth always states what is needed.
Room 101 awaits deniers of truth.
You are not alone on changing behavior to deal with the declining [inflated] value of the dollar. As things continue to go down this path, people will adjust or stop spending on other things [e.g. driving the car less] to afford the food. But that will only last so long.
The other thing to worry about however is that in certain locales [currently demokkrap cities], shoplifting and other crimes are allowed / encouraged to happen by the demonkkrap machine, causing closures of stores, limits on inventory, even higher prices ... plus huge increase in rate and size of illegal immigration will further drive prices and scarcity on the food supply. What happens in California does not stay in California.
Party like it’s 1979....
Prefer micro popcorn with lotsa butter....or corn chips with bean dip.
I hate to disappoint you but...
We were experiencing shrinkflation since about 2018....
Yeah it’s getting worse quicker...
The Brits have coined the term “skimpflation.” That’s where manufacturers swap out ingredients for something cheaper, or omit the ingredient entirely. This is why there are so many complaints that processed foods “don’t taste right” or are of poorer quality than before.
We saw that back when McDonald’s stopped using the delicious lard on their fries and went to some crappy tasting oil too. But yeah, I bet that a lot of swapping to cheaper ingredients goes on, along with offering less for more money
What was the minimum wage when Doritos were 99 cents? Wasn’t it like 4.25? Now it’s over 15 in most places. So you’re talking going from 1/4 of an hour at minimum wage to 1/3. Really, always a luxury item if you’re living at the bottom.
Naval oranges at less than a buck a pound is a pretty good price. Heck that’s cheaper than Doritos in your flashback, those were like 12 oz bags. And healthy. So there you go.
Yeah everything is up 5 to 10 x
The products and services- but also wages.
Min wage in San Francisco is basically $20/hr. But cheeseburgers are $10-15. Gas is $5-6.
Yeah. I remember in 1969 sitting with associates at lunch and they were saying: “If you ever make ten thousand/yr, you know u have made it”.
I know you’re half-kidding Laz - but you’re onto inflation. The behaviors which caused scarcity and devaluation of the dollar continues. Until those behaviors - spending, socialism, scuttling energy etc. - change it’ll only keep getting worse.
This ends somewhere between 70s style inflation (with 18% interest rates) and Venezuela.
I, personally, think we’ll soon be in in a much (much) worse place than the 70s. We have much stupider woke populace and corrupt, leftard leadership today.
War, poverty and starvation are certainly on the table.
Maybe I’m just getting old and cranky and waving my fist at the clouds.
What you said was right.
However, it is still amusing to think of a restaurant called El Doritos, where they bring you a bag of Doritos.
Waiter: “Sir, this is September ‘25, a very fine vintage of Doritos. Would you like this?”
Customer: “I’ll take two, my good man, and a tub of your $30 French Onion Dip.”
Waiter: “Right away, sir!”
Same. Cook from scratch, pack my husband’s lunch, and on Saturday go to town for lunch. I’ve also been making our bread for almost a year now. It still blows my mind how much everything costs.
And funyuns 😋😋😋
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