Posted on 08/31/2024 2:49:09 PM PDT by nickcarraway
I got out of the Navy in 1965, got married and bought a home in 73, brand new three bedroom brick home with central heat & air for $15,000. Can hardly get air conditioning installed for that today. I was remembering, after looking at bread prices, in 1954, there was a Dairy Queen that sold 15 hamburgers for a dollar on Thursday, that would be 2 packages of buns plus hamburger, for the price of a couple hamburger buns today.
The same article?
LOL, now that you say that, I may have to go back and look...but I think not, the dates don’t match up.
That said, I don’t for a second believe the high prices of groceries is due to either price fixing or price gouging, if my definitions are correct.
And I think anyone who says it is has no idea what they are talking about, or worse...know exactly what they are talking about, and demonizing an entity (in this case) such as grocery stores so that they can gin up sentiment for implementing price controls from the government.
Under my definitions, “price fixing” would be Piggly Wiggly, Safeway, and Aldis having a meeting and jointly deciding what they were going to charge for groceries in a given area such as Northern Virginia, and all agreeing not to charge less and thus undercut the other two.
That would be be price fixing IMO, and I don’t think it is ANYTHING like that.
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