Quote:
Originally Posted by CoachKandSportsguy
Subscribe to read | Financial Times
Procter & Gamble, the maker of Tide detergent and Charmin toilet paper, said this week that it would embark on another round of price increases after warning that supply chain costs would be higher than it previously anticipated. Andre Schulten, P&G’s chief financial officer, said it had announced price rises for nine of its 10 categories of products in the US, with mid single-digit increases across most of its portfolio.
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finance guy
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It is no secret. The cpi consumer price index has hit 5.8%. You pay that with after tax money. Where to invest your money and your space? Tide or toilet paper?
I have a friend, a former business associate. He knows how much more toilet paper his wife uses than he does. Not sure but I think he has stocked up a year supply. I do wonder a his and her pile?
Same guy buys a stock of condolence cards. You never know when you are going to need them. My reply, don't buy one for me, I hope it will be yellowed from age before you need it.
CPI, I'm not sure but I think they took fuel and housing out of the calculation, years ago,. Instant inflation NUMBER control.