Posted on 11/25/2023 9:57:34 PM PST by Berlin_Freeper
People advancing purchases in order buy before the prices go up (again) helps fuel inflation. But it is inevitable.
So they spent more. Did they buy more?
That’s their problem. Not Biden’s.
If it sounds too good to be true, all the smart people believe it ;-)
Not believing it for a second.
Here in Berlin I see increasing package deliveries.
Here in Canada I may or may not be seeing the same thing.
I’ve seen prices on many items rise 20% over the last two years.
everything I have bought for grandkids, etc, was online...because I ask them or their parents to text/email me the specifics and the links...so much easier because I have no idea what the “in” stuff is this year.....not particularly fond of wandering thru stores looking for stuff..
I just give them money.
It’s actually more than 20%, especially for food items. You need only go to Walmart every couple of days over a year’s period to see that. I go regularly to buy food items that are marked down because they’re going out of date and I see other items I USED to buy up 50-100%.
Or just go to McDonalds and buy a hashbrowns, Egg McMuffin and small coffee.....you used to buy them for half what they are not (in the $7 range at best).
Good point...And are they doing “make up” shopping....like necessities they put off. My poor kids got more clothes than toys when they were kids. We weren’t poor...just thrifty. We still are. My grandchildren...not so much.
7.5%? That’s the inflation part.
Inflated
But 7.5% was also probably about the real rate of inflation over the past year.
I did not buy a darn thing and I have no intention of buying anything except food(or emergency repair items) for the next several months.
In completely unrelated news brick and mortar is down 78%. (1/2 sarcasm)
Everything is far more expensive, that’s why.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.