Smaller packaging in supermarkets is one sure sign, also, less colorful packaging - not just higher prices.
Look at the shrinking New York Times:
All you have to do is look at tuna cans from recently compared to say, a dozen years ago to see.
Posted on 09/23/2017 6:24:24 AM PDT by Kaslin
I’ve been grocery shopping long enough to learn that “new and improved” packaging is code for “smaller and more expensive.”
Rent is through the roof! Property taxes went up last year and the year before to pay for crap that is already bankrupt!
“With modern technology, we can produce as many goods and commodities as we require, with very little effort. Economists don’t seem to have grasped this yet.”
Exactly.
And with China entering the production line, manufactured goods have become a dime a dozen, while Americans (non-gov workers) are jobless without any gain in discretionary spending.
My thoughts exactly. The prices for groceries are out of control. I can’t imagine them going up more. Cutting back more with a family of 6 is next to impossible.
“Or, you could work with God and grow some of your own.”
God clearly is not part of my HOA. It is banned to have a garden in my HOA community. Go figure. Probably gets kickbacks from the grocery stores. lol.
Yep. Food costs are almost as much as my mortgage. Wish I were kidding.
Janet Yellen is looking for a reason to raise interest rates. That might be a net positive for the economy at this stage. Maybe the Bush-Obama Depression is finally over. But real GDP growth won’t happen until Obamacare is killed outright. Look at how much air that sucks out of the economy.
Look at the shrinking New York Times:
All you have to do is look at tuna cans from recently compared to say, a dozen years ago to see.
Food is getting smaller yet I keep getting bigger....
it is amazing when they conveniently exclude a component of measuring year after year
If it was legal to harvest wild pigs for their bacon the price would come down.
They have so many rules to keep competition in check.
Is Ford going to lower the price of the Mexican produced cars? No.
There are only so many pounds of pork belly on a hog. Demand for bacon has way outpaced any demand for pork chops and sausage.
Standard boilerplate BS.
Inflation has been ramping for a long time, as anybody who has bought groceries can attest. Twee packages, substandard ingredients, and high prices.
Even the “targeted” 2% inflation rate they always talk about as a good thing is a crime. Don’t be fooled.
Illegal immigration has driven down wages. Wages have been stagnant since 1972. The same people who want “$15 an hour” legislation don’t understand that 20 million illegals are a big reason why entry level wages suck. Minimum wage would be $20 to $25 today, without any legislation involved - if supply and demand were allowed to work. The welfare rolls would be a lit smaller.
Government policies pay healthy citizens not to work, and encourage unskilled, illiterate poor to displace others. It’s totally bizarre and insane. I’ll never believe anything from an “economist” ever again.
America has been conned.
Health insurance is almost double my mortgage. And I live in a fairly nice home.
Raise interest rates? Not a chance. Sure, maybe a 1/4 point here and there. But 5% or 6% rates would blow up the deficit. Game over.
The entire federal deficit/debt rolls over about every 4 years! So it’s very sensitive to rate hikes. The only thing they can do - like every other political entity when faced with unpayable debt - is start to print. When faced with tough choices, they take the easier way out - destroy the currency. Foreign creditors will be first in line. Keep that in mind.
Hahahaha
My English teacher was terrible at economics.
Inflation is a transfer of wealth from the middle class to the government, banks and the very rich.
Deflation is a transfer wealth in the other direction, which is why they hate it so much.
Just today I noted that Amazon is boosting its already expensive shipping rates for non Prime users, from $.50 to $1. It also recently raised the price of a Prime subscription to $99.
This may actually move a lot of people to Ebay, for both better prices and shipping.
And, after a long period of stability, gas prices are going up as well.
But there’s nothing better than a grilled burger!
And high inflation has been here since 2006.
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