Posted on 03/18/2010 5:09:09 AM PDT by MeneMeneTekelUpharsin
A real sign of hyperinfation can be found in products on the shelf here and there in retail establishments. For example, let's take saline solution nose spray. At Wal-Mart, about two years ago, a 3 oz. bottle was 94 cents. Then, it jumped within the past year to $1.94. Yesterday, while looking at the same bottle, the price was $2.98. And, that's just for a little salt in water! Don't come back at me by saying that's just one item. A LOT of things are beginning to jump up in price. Leave your own examples here via commentary.
I quit buying produce at walmart long ago.....get it home and it goes bad within days. As for prices rising at walmart....yup, they are going up! If you note, the package sizes have decreased but the prices have either gone up or stayed close to the same as it was for larger sizes. Not all items have decreased in size, but many have. I worked for walmart for over 15 years...was shocked to see how much grocery prices went up a few months back. It was always company policy to raise prices a “little at a time” [pennies to perhaps 10cents increments]. Now they are raising prices by a good 50 cents to $1 [or more] each price increase [NOT all items, but high volume ones]. Many of the items I used to buy now cost more.....and I mean “more” from 25 cents to $1 per item [which sure adds up your bill!]. MOST of those items, the package sizing has decreased [especially pet foods & dog treats, shampoos, HBA items, ice cream, boxed items, dairy products, etc]. I have found I can no longer “save” at walmart.....now I scan the sales papers for better buys. hyperinflation? I dunno, but I do know prices at walmart are on the rise!
I guess I should update my username, i’m actually in Daytona Beach, Florida now.
***My Jack Daniels went from $19. couple of years ago to 21***
Time to switch to OLD CROW! ;-)
When I was a kid my mom would show me a 50-cent candy bar or ice cream on a stick, and say “This used to cost a nickel when I was your age.”
She had LOTS of nickels and I used to wonder why she seemed so peevish about those little prices.
Now the candy’s 75 cents and the ice cream is a dollar and I have all the family nickels, but I’m feeling peevish too.
I figure that I get about 1 week out of every month for free between coupons, shopping the loss leaders, and the Grocery VIP shopper (or whatever it's called) rewards. All those $0.35 coupons add up, in time. :-)
Mom and Dad are retired and shop the sales even more carefully than I do....they've got the time to do it. Mom said that their budget has really, really gotten reduced.
It's worth it, I tell ya. :-) Just last week, I had a guy behind me at the grocery store. He was chuckling a little as I pulled out my coupons....not really giving me a hard time, but more of a "Oh, you bother with those? how quaint..." type thing.
His eyes popped a little when the cashier said "Mr. WBill, you saved $61.01 in coupons and discounts this week." So, for what that's worth.....
Yet I see it every day.
I smell really bad cheese! and it's coming from Bam bam's government.
Thanks. I’m in shock that I wasn’t immediately literarily eviscerated.
Good explanation.
>Not too long ago I remember Purina Dog Chow being $11.68 for a medium sized bag. Now its $14.96.<
Think corn price rises due to ethanol. Dog Chow is based on corn (which, by the way, isn’t all that good for your dog).
Please don’t waster your money on iceberg lettuce, it is crap. Mostly water, hardly any nutrients. Get the green lettuces - romaine, red/green leaf, boston. They may cost more but you’re getting a far, far nutritionally superior and tastier product.
What is it with nasal saline solution? Usu. pay something like .79 or .97 at Target...made the mistake of grabbing some (same size) at CVS, they wanted $2.99!! I think I’ll boil up some of my own next time I need it!
Great post! Good idea for FReepers to track this stuff...any stuff...and in the meantime it would be a good idea to collapse this socialist economy by curtailing all non-critical spending.
Bananas, 59 pound
Wonder bread classic, 4.29 loaf.
Orowheat WW, 4.20 loaf.
Large French loaf, 3.78.
Store brand (made in store) 1.29
That’s because we weren’t able to get that stock of unobtanium.
Demand remains the same for tomatoes whether there’s a freeze or not. So supply is what governs prices. Before the freeze there were enough to supply demand. Then comes the freeze, which cuts the harvest, forcing farmers to compensate for their expenses by raising prices on what they have left. Restaurants and grovery stores still needed their tomatoes, but with limited tomatoes available they also had to compete by making better offers for the product than their competition, and the middlemen also know that with supply low they could get away with demanding a little more, though in this economy not much more else people might use pickles on their burgers and salads instead. That’s why tomato prices went up.
I understand the laws of supply and demand.
Tomatoes were too expensive at $1.98 a pound before the freezing. Yesterday, at Wal-Mart, tomatoes were priced at $2.78 a pound.
I've come to enjoy my tacos without tomatoes.
My tomato crop is coming alomg well.
Of course, when we're all Amish amd we're all growing them that should bring the price down tremendously!
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