Talk of The Villages Florida

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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Inflation (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/inflation-326704/)

Maish 11-25-2021 09:35 AM

Have you tried Koyame in Spanish Plains?

OhioBuckeye 11-25-2021 09:35 AM

Ohiobuckeye
 
Quote:

Originally Posted by ejp52 (Post 2033414)
Well this time last year gas was around $1.799.

In some places it’s pushing 3.79. Eventually it’ll catch up to the people that are struggling!

Jacob85 11-25-2021 10:24 AM

This pandemic has certainly made everything more difficult and it’s like the ripple effect. The good thing is I ordered all my Christmas gifts early so am almost done with that as worried I might not get what I wanted. I believe if we can stop this virus, things will gradually get better

New Englander 11-25-2021 11:23 AM

Earlier this week I went food shopping. One of the items I wanted was some bacon for Thanksgiving breakfast. It was $10 a pound. What the h*ll is going on? No I didn't buy it!

KAM+6 11-25-2021 11:34 AM

Quote:

Originally Posted by New Englander (Post 2033668)
Earlier this week I went food shopping. One of the items I wanted was some bacon for Thanksgiving breakfast. It was $10 a pound. What the h*ll is going on? No I didn't buy it!

You have to watch for "specials". I bought Jimmy Dean bacon for $3.75.

Michael G. 11-25-2021 11:51 AM

I feel sorry for the young families that have to drive any number of miles to make a living with gas prices the way they are.

If you see any of them over Thanksgiving today, give them a big "thank you" for making an effect to support themselves in stead
of relying on the government.

Kenswing 11-25-2021 11:55 AM

Quote:

Originally Posted by Michael G. (Post 2033682)
I feel sorry for the young families that have to drive any number of miles to make a living with gas prices the way they are.

If you see any of them over Thanksgiving today, give them a big "thank you" for making an effect to support themselves in stead
of relying on the government.

Seriously? :ohdear: Should we give them a participation trophy also?

dewilson58 11-25-2021 11:58 AM

Quote:

Originally Posted by Kenswing (Post 2033689)
Seriously? :ohdear: Should we give them a participation trophy also?

:1rotfl::1rotfl::1rotfl:

justjim 11-25-2021 12:07 PM

Making a point
 
Quote:

Originally Posted by thevillages2013 (Post 2033477)
What you pay for items on a tiny island has no bearing on prices here

I believe the OP’s point is that we Americans have a lot to be thankful for. Happy Thanksgiving! :clap2:

Lil GTO 11-25-2021 01:04 PM

Yes but see you choose to live where fuel has always been high, big beautiful homes outrageously price and the working mans standard of living on the lower side.

We choose to
Live here where there is a middle class that worked hard but lived a good life because our system allows competitiveness to keep pricing affordable.

We don’t want to give I our way of life if we did we’d move to Europe or an other area in the world where you get nothing for your hard earned money.

Gas and everything else should be exactly where it was 18 months ago there is no reason other than the greed of government here for it to be otherwise.

Quote:

Originally Posted by mike1946 (Post 2033469)
I'm a Brit Rain or Snow bird - live in Country Club Hills - just filled up my diesel car here in the UK - Premium Diesel is £1.59 a litre there are 3.5 litres to the standard US gallon - the exchange rate from £ to $ is around 1.35 :-
So 1.59 x 3.6 x 1.35 = $7.72 a gallon.
My Point ??? Stop Whining.


Michael G. 11-25-2021 01:34 PM

Quote:

Originally Posted by Kenswing (Post 2033689)
Seriously? :ohdear: Should we give them a participation trophy also?

Absolutely, for the fact their smart enough to be employed.

Kenswing 11-25-2021 01:48 PM

Quote:

Originally Posted by Michael G. (Post 2033739)
Absolutely, for the fact their smart enough to be employed.

Setting the bar a little low aren't you? I would feel very insulted if someone thanked me for having a job. Smart has nothing to do with being employed. Responsible, determined, having integrity maybe. But smart? Granted, being intelligent will probably get you farther in life. The smart ones are the ones who have figured out how to get the rest of us to pay their way.

Michael G. 11-25-2021 01:55 PM

Quote:

Originally Posted by Kenswing (Post 2033745)
Granted, being intelligent will probably get you farther in life.

It also keeps you from standing at Walmart pertaining to be homeless.......:boom:

bumpa 11-25-2021 02:00 PM

Student loans? No one out runs them.

Gigi3000 11-25-2021 02:14 PM

Its keeping me from shopping for a new car. Inflation microchips or whatever...

Michael G. 11-25-2021 02:21 PM

Quote:

Originally Posted by Gigi3000 (Post 2033759)
Its keeping me from shopping for a new car. Inflation microchips or whatever...

Yes, and it forces people to take inventory on their spending, and be thankful for what they have.

MDLNB 11-25-2021 02:24 PM

Quote:

Originally Posted by Vermilion Villager (Post 2033562)
Actually the majority of Americans, and 80% of the people who call TV home are flush with cash....Individual Savings are at record highs, wages are up, and unemployment is at a 52 year low. If you know anything about economics....the inflation is driven by high demand for goods and services.
So to answer your question....I'm good!!! :a040:

Totally wrong! Take a look on a gov site and check the stats on how many are no longer in the work force. Count those as unemployed and you will see the difference. Just because less folks qualify for unemployment does not mean there is LOWER unemployment. "If you know anything about economics" you would understand that. And, no I do not know much about economics but I can read numbers. The gov has some great websites that have historical data on employment.

kcrazorbackfan 11-25-2021 04:00 PM

Spending money like there’s no tomorrow….

egmcaninch 11-26-2021 06:20 AM

Fuel cost insignificant!
 
Quote:

Originally Posted by Kenswing (Post 2033415)
Insignificant..

I don't think so... It impacts travel of all kinds + the transport costs of anything that is purchased = higher prices for all, including those who cannot afford it. Not insignificant at all, especially when it can be remedied.

Topspinmo 11-26-2021 06:28 AM

Quote:

Originally Posted by DAVES (Post 2033429)
That is what you are being fed. It is a tax on all. What we are fed a tax on lower income people more than higher income people is mathematical spin. It assumes that higher income people save/invest part of their income. That is true at least for some. I know people who earn a great deal of money and save nothing. Even money you save, the cpi consumer price index is now 6.2. You pay that after taxes I have to make over 8% just to be even.

Yep, makes difference who has money at the end of month and who goes in hole working two or more jobs. Do you really think you can speak for the poor? Sorry you’re loosing measly 2.8%, the horror.

Topspinmo 11-26-2021 06:33 AM

Quote:

Originally Posted by mike1946 (Post 2033469)
I'm a Brit Rain or Snow bird - live in Country Club Hills - just filled up my diesel car here in the UK - Premium Diesel is £1.59 a litre there are 3.5 litres to the standard US gallon - the exchange rate from £ to $ is around 1.35 :-
So 1.59 x 3.6 x 1.35 = $7.72 a gallon.
My Point ??? Stop Whining.


My point move and stop paying queen’s tax to keep them in their tax free compounds. I mean really kings and queens In this century. Talking about gullible…

Topspinmo 11-26-2021 06:37 AM

Quote:

Originally Posted by Proveone (Post 2033556)
Gas was lower last year because of the pandemic and people were working from home and travel was way down. Gas prices are determined by a number of factors, one being supply and demand. Last year demand was low, therefore the price of gas was low. Other factors that affect gas prices are the fossil fuel industry, Wall Street traders, Hedge Fund Managers and Global demand . In July of 2008, gas was $4.11 a gallon. So it has gone down since then!

Want to bet it’s exceeds $4.11. Big oil just loves when government flips, now their making more on gallon of gas that government.

banjobob 11-26-2021 06:54 AM

Encouraging people to think how it started

mkjelenbaas 11-26-2021 07:39 AM

Quote:

Originally Posted by Michael G. (Post 2033395)
How is your household coping with the high prices out there?

We have stopped spending any money as a form of protest!!

mike1946 11-26-2021 07:42 AM

Quote:

Originally Posted by thevillages2013 (Post 2033477)
What you pay for items on a tiny island has no bearing on prices here

This tiny island that has greater than 20% of the population of the entire USA on a tiny island that could probably fit 6-8 times into Texas - have you never heard of global trade ?? ...You are getting your cheap gas from shale and fracking ...soon those producers will realise they can get more for their gas on this tiny island ....ditto Turkeys etc. 6 to 8 times the price .. then you will start to see some shortages ... Hello Global Trade from this tiny Island !!!

mike1946 11-26-2021 07:48 AM

From a purely British perspective I do not see myself as European.

mike1946 11-26-2021 08:02 AM

Our Monarchy in the UK costs the British taxpayer around £1.20 (about $1.50) per annum per person ...this is less that 0.1 % of what the President of the USA costs the American taxpayer .. Our monarchy attracts a huge amount of foreign tourism and state visits to foreign countries attract a huge bonus for British business ... if we are talking a value for money scenario I know which one I would go for.

Cliff Fr 11-26-2021 08:07 AM

I think the media has hyped up the so called "high turkey prices" We shopped at Publix in Ocala Tuesday and frozen turkeys were 49¢ per pound. Now gas prices, that's a different story!

Andyb 11-26-2021 08:15 AM

Sad, that most of you are only concerned with yourselves, when many Americans, especially the lower and middle income people are struggling because of inflation, that did not have to happen.

Jgg7933 11-26-2021 08:40 AM

Well it wasn't quite that low. Click link for historical info for the U.S. by year. Its also important to remember "THERE WAS A PANDEMIC"! Nobody was traveling, planes were not flying etc, etc and oil was trading for below ZERO! Maybe that had something to do with the lower prices last November? Look at the data on the attached for yourselves. Yes, Gas is higher than normal but it is not absurd in price. Last November Gas nationally was $2.20 but for an "apples to apples" comparison you have to go back to November 2019 where it was $2.69. Back in 2011- 2013 gas was at its highest on this chart.

https://www.eia.gov/dnav/pet/hist/Le...te_nus_dpg&f=m

Villages Kahuna 11-26-2021 10:09 AM

Tough to pass on bacon. But at $9.00 a pound for house brand I’ll have to wait for my next BLT.

sdm1222 11-26-2021 10:31 AM

Quote:

Originally Posted by dewilson58 (Post 2033593)
Is that turkey I smell???

Nope, it's the end of a thread I smell.

:MOJE_whot::MOJE_whot:

Wrong, again...

dewilson58 11-26-2021 10:33 AM

Quote:

Originally Posted by sdm1222 (Post 2034039)
Wrong, again...

Yep, surgical removals.

:MOJE_whot:

Lindsyburnsy 11-26-2021 10:38 AM

no one was driving, remember? No demand= Low gas prices. Now price gouging trying to make up for lost revenue.

=ejp52;2033414]Well this time last year gas was around $1.799.[/QUOTE]

jimbomaybe 11-26-2021 10:43 AM

Quote:

Originally Posted by MDLNB (Post 2033761)
Totally wrong! Take a look on a gov site and check the stats on how many are no longer in the work force. Count those as unemployed and you will see the difference. Just because less folks qualify for unemployment does not mean there is LOWER unemployment. "If you know anything about economics" you would understand that. And, no I do not know much about economics but I can read numbers. The gov has some great websites that have historical data on employment.

Good point, the more people who are not in the work force the fewer people adding to productivity and at the same time are still consumers adding to demand, the supply /demand equation cannot change ,, law of economic gravity

DaleDivine 11-26-2021 01:56 PM

Quote:

Originally Posted by mike1946 (Post 2033923)
Our Monarchy in the UK costs the British taxpayer around £1.20 (about $1.50) per annum per person ...this is less that 0.1 % of what the President of the USA costs the American taxpayer .. Our monarchy attracts a huge amount of foreign tourism and state visits to foreign countries attract a huge bonus for British business ... if we are talking a value for money scenario I know which one I would go for.

Just wondering, do you own property in the USA? If so , why since UK is so great? Also, we have lots of people from UK and European nations coming here to work, Why if it's so much better on the other side of the pond? And the US has probably at least 10 times more tourists than UK...
:ohdear::popcorn::bigbow::bigbow:

MDLNB 11-26-2021 02:22 PM

Quote:

Originally Posted by mike1946 (Post 2033916)
From a purely British perspective I do not see myself as European.


Oh, did Brexit change your status? Just curious.

tvbound 11-26-2021 02:23 PM

Quote:

Originally Posted by ejp52 (Post 2033414)
Well this time last year gas was around $1.799.

Quote:

Originally Posted by manaboutown (Post 2033454)
Worst inflation in 40 years!

Both of those statements are factually incorrect. It really isn't that hard to do a simple search, to find facts and the truth. Then again, it seems more and more people are completely uninterested in facts and the truth, so for some people embellishments/hyperbole are just easier to make - and to believe.

U.S. All Grades All Formulations Retail Gasoline Prices (Dollars per Gallon)

Inflation notches a fresh 30-year high as measured by the Fed'''s favorite gauge

Dana1963 11-26-2021 02:43 PM

Quote:

Originally Posted by DaleDivine (Post 2034116)
Just wondering, do you own property in the USA? If so , why since UK is so great? Also, we have lots of people from UK and European nations coming here to work, Why if it's so much better on the other side of the pond? And the US has probably at least 10 times more tourists than UK...
:ohdear::popcorn::bigbow::bigbow:

Why does this always turn into a p*****g contest about where people are from.

tvbound 11-26-2021 02:51 PM

While predicted that inflation would occur after the worst of the pandemic had passed, it's a shame that those on the lower part of the economic ladder are seeing their increased gains in wages being eroded by it.

https://www.washingtonpost.com/busin...rkers-october/

While there are some levers that can be pulled by those in charge to try and help, there are a lot (such as the world price of crude), that no single person (regardless of their position) - can meaningfully affect. Right now, there is also an effort being made by corporations to try and make up for lost profits since the pandemic started. Ironically, for the +-52% of Americans that own stock in one form or another (individually/mutual funds/pensions/Etc.), the steady rise in stock prices outweigh the cost of inflation. Once again, it is those who don't own stocks - that are being hit the hardest.


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