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 Gone Wild (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/inflation-gone-wild-350619/)

Ptmcbriz 06-10-2024 06:57 AM

They became greedy when everyone else was being greedy. People will pay for it. Unemployment at record lows. Inflation has come way down since 4-5 years ago when Covid hit. Then it was supply chain problems. Now it’s greed because people have been paying the prices so why lower their prices? Only competition will lower prices on any given thing.

jarodrig 06-10-2024 07:04 AM

Sweetwater on 466A is $10 for a “basic” wash . They do a decent job.

opinionist 06-10-2024 07:12 AM

Have you ever wondered why the CPI, GDP and employment numbers run counter to your personal and business experiences? The problem lies in biased and often-manipulated government reporting.

Shadow Government Statistics - Home Page

coconutmama 06-10-2024 07:22 AM

Quote:

Originally Posted by Normal (Post 2339176)
I carried our groceries the other day from Public’s in one hand in one plastic bag. The bill was 97 dollars. I jokingly told my wife I never thought I could single handedly carry a hundred bucks worth of groceries like that. Kind of scary when you think about it.

Who do you think pays for those long winded ads on television? You do.

We shop elsewhere unless it is a BOGO item.

Normal 06-10-2024 07:30 AM

Covid
 
When the supply chain was shut down because of the government, everything shot up in price. Then they handed out checks even if people had never worked before.

Let’s see, low low inventory on everything, and extra free money, what could possibly happen?

The mistakes can’t be corrected and huge amounts of government cash are still leaking into our economy through immigrant policy, older infrastructure bills and tightening of our fossil fuel production.

GATORBILL66 06-10-2024 07:36 AM

Trust me, the social security increases will fall far behind the inflation that this country has experienced over the last three and a half year.

Switter 06-10-2024 07:39 AM

Quote:

Originally Posted by Rich42 (Post 2339097)
Inflation has been raging beyond the typical norms for the last three years. It is significantly affecting virtually all Americans. While businesses need to increase prices to cover legitimate rising costs, too many are just taking advantage of the upward spiral in prices to gouge the consumer. I encountered the epitome of this trend in The Villages yesterday. I have patronized the “Village Car Wash” in the La Plaza Grande shopping center in Spanish Springs for over 10 years. Admittedly I had not been there in quite some time with covid and all, and the last time I was there was a couple of years ago. At that time the price of the cheapest basic car wash (they call it Bronze) was $14.95. Of interest, also note the prices of the various levels of service were prominently posted when you entered their property. To just digress for a moment, I pass their location several times a week and had been noticing the normal long waiting line of cars—regardless of time of year or time of day—has been absent. The place has always appeared to be a gold mine! Well, not so for the last few months. I don’t know exactly when they raised their prices, but the basic Bronze wash (again the cheapest option) was $34! I only found this out when I went inside to pay because their prices were no longer publicly posted. That is an increase from the relatively recent price of 127%!!! No way have their costs gone up anywhere near that. I now understand why there are no longer any lines of people waiting to get their cars washed, and I will certainly no longer be a customer. That is pure greed that should not be supported by the community.


With the way things are probably headed in this economy right now, the best thing to do is get a bucket and a sponge and put that $34 into a money market account.

Wondering 06-10-2024 07:44 AM

Quote:

Originally Posted by Rich42 (Post 2339097)
Inflation has been raging beyond the typical norms for the last three years. It is significantly affecting virtually all Americans. While businesses need to increase prices to cover legitimate rising costs, too many are just taking advantage of the upward spiral in prices to gouge the consumer. I encountered the epitome of this trend in The Villages yesterday. I have patronized the “Village Car Wash” in the La Plaza Grande shopping center in Spanish Springs for over 10 years. Admittedly I had not been there in quite some time with covid and all, and the last time I was there was a couple of years ago. At that time the price of the cheapest basic car wash (they call it Bronze) was $14.95. Of interest, also note the prices of the various levels of service were prominently posted when you entered their property. To just digress for a moment, I pass their location several times a week and had been noticing the normal long waiting line of cars—regardless of time of year or time of day—has been absent. The place has always appeared to be a gold mine! Well, not so for the last few months. I don’t know exactly when they raised their prices, but the basic Bronze wash (again the cheapest option) was $34! I only found this out when I went inside to pay because their prices were no longer publicly posted. That is an increase from the relatively recent price of 127%!!! No way have their costs gone up anywhere near that. I now understand why there are no longer any lines of people waiting to get their cars washed, and I will certainly no longer be a customer. That is pure greed that should not be supported by the community.

Thanks for your experience and observation at the car wash. your generalization about high inflation is not correct. Your observations and experience at some companies price gouging their products is accurate. There are record profits for oil companies and various other product producers. An example of low inflation from my personal experience is this one. Sixteen years ago I bought a French door LG, bottom 25 cu.ft refrigerator at Best Buy (Black, which was cheaper than stainless steel) for just under $1400. I just bought an LG 29 cu.ft. stainless French door from Lowe's for $1300, which included a five year extended warranty. Hard to believe but true. Actually, Black was $1000 more because it is now a special order. Inflation is not high, it's corporate gouging because of the pandemic.

JRcorvette 06-10-2024 07:53 AM

Quote:

Originally Posted by Rich42 (Post 2339097)
Inflation has been raging beyond the typical norms for the last three years. It is significantly affecting virtually all Americans. While businesses need to increase prices to cover legitimate rising costs, too many are just taking advantage of the upward spiral in prices to gouge the consumer. I encountered the epitome of this trend in The Villages yesterday. I have patronized the “Village Car Wash” in the La Plaza Grande shopping center in Spanish Springs for over 10 years. Admittedly I had not been there in quite some time with covid and all, and the last time I was there was a couple of years ago. At that time the price of the cheapest basic car wash (they call it Bronze) was $14.95. Of interest, also note the prices of the various levels of service were prominently posted when you entered their property. To just digress for a moment, I pass their location several times a week and had been noticing the normal long waiting line of cars—regardless of time of year or time of day—has been absent. The place has always appeared to be a gold mine! Well, not so for the last few months. I don’t know exactly when they raised their prices, but the basic Bronze wash (again the cheapest option) was $34! I only found this out when I went inside to pay because their prices were no longer publicly posted. That is an increase from the relatively recent price of 127%!!! No way have their costs gone up anywhere near that. I now understand why there are no longer any lines of people waiting to get their cars washed, and I will certainly no longer be a customer. That is pure greed that should not be supported by the community.


Inflation is Real and so is price gouging! If you want to keep your car looking great and not have to wash it very often then get a Professional Ceramic Coating applied. It’s not cheap but it is a good investment if you plan on keeping your car for a while.

Pgcacace 06-10-2024 07:59 AM

Car Wash cost
 
We go to Big Dan’s on 441, a block north of 466. If you subscribe, it is about $18/month with unlimited visits.

Pennyt 06-10-2024 08:04 AM

Quote:

Originally Posted by LuvtheVillages (Post 2339242)
In 2009, the minimum wage was $7.25. Effective Sept 2022 it was $11.00, on the way to $15.00 in a few years. That's a 110% increase.

When payroll increases, payroll taxes (FICA) also increase, workers comp insurance increases. I expect health insurance costs have increased.

Property taxes have increased. I believe the cost of water and supplies has also gone up.

A lot has happened in the four or more years since you have been there. I do not attribute the price increase to greed. I attribute it to a poorly managed economy.

This is the same reason why there are fewer ambassadors on the golf courses and fewer workers at the fast food places.

No, I do not think it is greed.

It's not minimum wage and taxes. Have you seen the difference in what CEOs are paid vs the workers in a company? "The median CEO in the S&P 500 was paid 196 times as much as the median employee in 2023, according to an analysis by Equilar and The Associated Press. That’s up from a ratio of 185 in 2022. The widening divide is driven by the fact that CEO pay — which is closely tied to share prices — is rising notably faster than that of employees." (compensationresources.com)

Taltarzac725 06-10-2024 08:08 AM

Quote:

Originally Posted by Pennyt (Post 2339464)
It's not minimum wage and taxes. Have you seen the difference in what CEOs are paid vs the workers in a company? "The median CEO in the S&P 500 was paid 196 times as much as the median employee in 2023, according to an analysis by Equilar and The Associated Press. That’s up from a ratio of 185 in 2022. The widening divide is driven by the fact that CEO pay — which is closely tied to share prices — is rising notably faster than that of employees." (compensationresources.com)

Now you are making cents.

golfing eagles 06-10-2024 08:08 AM

Quote:

Originally Posted by Pennyt (Post 2339464)
It's not minimum wage and taxes. Have you seen the difference in what CEOs are paid vs the workers in a company? "The median CEO in the S&P 500 was paid 196 times as much as the median employee in 2023, according to an analysis by Equilar and The Associated Press. That’s up from a ratio of 185 in 2022. The widening divide is driven by the fact that CEO pay — which is closely tied to share prices — is rising notably faster than that of employees." (compensationresources.com)

And that worker is responsible for doing his one little job, while the CEO is responsible for tens of thousands of jobs and billions of dollars. Yeah, sure, there shouldn't be a disparity in pay :1rotfl::1rotfl::1rotfl:

Normal 06-10-2024 08:11 AM

High Fossil Fuel Costs
 
Groceries are going through the roof. Items that every American citizen needs to have to survive.

Listen, the farming tractors and semi deliveries don’t run on chicken poo.

Topspinmo 06-10-2024 08:16 AM

Quote:

Originally Posted by Normal (Post 2339176)
I carried our groceries the other day from Public’s in one hand in one plastic bag. The bill was 97 dollars. I jokingly told my wife I never thought I could single handedly carry a hundred bucks worth of groceries like that. Kind of scary when you think about it.

You pay for convenience at Publix. Some times not worth trouble to drive to Walmart. Then there ones that refuse to shop at Walmart. Good less people in my road…:shocked:

Topspinmo 06-10-2024 08:17 AM

Quote:

Originally Posted by Normal (Post 2339474)
Groceries are going through the roof. Items that every American citizen needs to have to survive.

Listen, the farming tractors and semi deliveries don’t run on chicken poo.

Or free electricity…:p

Topspinmo 06-10-2024 08:18 AM

Quote:

Originally Posted by Pennyt (Post 2339464)
It's not minimum wage and taxes. Have you seen the difference in what CEOs are paid vs the workers in a company? "The median CEO in the S&P 500 was paid 196 times as much as the median employee in 2023, according to an analysis by Equilar and The Associated Press. That’s up from a ratio of 185 in 2022. The widening divide is driven by the fact that CEO pay — which is closely tied to share prices — is rising notably faster than that of employees." (compensationresources.com)


Life has never been equal. And it never will.

Topspinmo 06-10-2024 08:21 AM

Quote:

Originally Posted by Shish (Post 2339370)
It's leveled off at an unsustainable high rate. It needs to be under 2%/year, like it had been previously before all the government spending kicked in. The dollar is now worth only 80 cents over the last 3 years. Those on fixed income (pensions) really have got hurt.
Look at this chart.
Historical Inflation Rates: 1914-2024

I question the dollar worth only 80 cents. IMO that seems way to high? More like 60 cent?

Robbb 06-10-2024 08:22 AM

Quote:

Originally Posted by Philipd411 (Post 2339172)
So why did they just become greedy? According to your train of thought, they could have raised their prices years ago to $34 and been greedy back then. Their cost has gone up, less people are shopping there. It not greed but business.

Respectfully disagree. I think inflation has given many businesses "permission" to raise prices to whatever they think they can "get away" with, regardless how their costs have increased.

Normal 06-10-2024 08:26 AM

It’s right on mark
 
Quote:

Originally Posted by Topspinmo (Post 2339483)
I question the dollar worth only 80 cents. IMO that seems way to high? More like 60 cent?

Goods have gone up 20% over the last 3 years.

Robbb 06-10-2024 08:27 AM

Quote:

Originally Posted by huge-pigeons (Post 2339369)
The OP doesn’t understand inflation nor the true cost of running a business. In 3 years, everything is way up in cost. The cost to hire people with no experience or the cost to hire people for a menial job, is way up, the cost of water, electricity, insurance, and rent, have gone up. It’s not greed, it’s the current situation.
The people that really feel it are people on a fixed income.

Over the past 3 years the CPI has gone up app, 20%.

jimbomaybe 06-10-2024 08:30 AM

Quote:

Originally Posted by golfing eagles (Post 2339468)
And that worker is responsible for doing his one little job, while the CEO is responsible for tens of thousands of jobs and billions of dollars. Yeah, sure, there shouldn't be a disparity in pay :1rotfl::1rotfl::1rotfl:

A disparity in pay is easy to see, a disparity in ability and knowledge is often very difficult to determine, the CEO can and does make the difference between the success and failure of a business, to be sure stockholders and board of directors can be fooled but a huge amount pivots on the person at the top making difficult decisions

OrangeBlossomBaby 06-10-2024 08:37 AM

Quote:

Originally Posted by dougjb (Post 2339380)
All too often now, a business, when questioned about why their prices have gone up, will claim it is because help is getting more expensive. That is a convenient rubrick that just does not hold water.

In the past, businesses would claim they increased prices or decided not to provide a particular service because of the lawyers, or because of insurance. Again, that was and is nonsense.

We live in a free enterprise society. Businesses must adjust their prices and services accordingly. No excuse is necessary for me!

Simply put, since we live in a free enterprise society, I am also free just to walk away from doing business with a business whose services or prices no longer align with my interests. If others follow me and the business fails, I really do not feel anything. To my mind, it is simply that the affected business was unable to manage their business plan appropriately.

There is always another car wash. There is always another business that meets my needs.

I've introduced the hose to a bucket, and it turns out they got along great. So now I have a happy family of hose, bucket, soap, sponge, and several rags and dry towels. The black sheep of the family is a spray bottle with mostly water, a half cup of vinegar, and a few drops of dawn dish detergent. That's for the acrylic windows on the golf cart.

jimbomaybe 06-10-2024 09:13 AM

Quote:

Originally Posted by OrangeBlossomBaby (Post 2339500)
I've introduced the hose to a bucket, and it turns out they got along great. So now I have a happy family of hose, bucket, soap, sponge, and several rags and dry towels. The black sheep of the family is a spray bottle with mostly water, a half cup of vinegar, and a few drops of dawn dish detergent. That's for the acrylic windows on the golf cart.

Good for you ,do it yourself and do it right,, or at least make it easy to find the culprit

Pugchief 06-10-2024 11:18 AM

Quote:

Originally Posted by bowlingal (Post 2339373)
businesses are taking advantage.....ALL businesses. covid, supply chain issues, ( all now 4 years old), minimum wage increases, all contribute to the inflation, high prices we are now in. Everyone is still using these excuses....4 YEARS LATER!

The increase in costs that inflation over the last 4 years has caused have not magically been wiped out. Almost no one is gouging, but that's what "they" want you to believe, bc it sounds better than "sorry, but boy oh boy did we screw up the economy with our poor decisions." LOL

Pugchief 06-10-2024 11:22 AM

Quote:

Originally Posted by Ptmcbriz (Post 2339418)
They became greedy when everyone else was being greedy. People will pay for it. Unemployment at record lows. Inflation has come way down since 4-5 years ago when Covid hit. Then it was supply chain problems. Now it’s greed because people have been paying the prices so why lower their prices? Only competition will lower prices on any given thing.

Again, business's costs have NOT gone down. They continue to go up at a fast pace. "They" want you to blame "evil greedy corporations", bc they don't want to take the blame.

Pugchief 06-10-2024 11:24 AM

Quote:

Originally Posted by Keefelane66 (Post 2339287)
If you watch or listen to before The bell or Bloomberg Business its been reported on earning calls its blatant overcharging especially super markets nation wide.

That's what "they" want you to believe, but it's not true. See above

Velvet 06-10-2024 12:35 PM

Quote:

Originally Posted by Rich42 (Post 2339097)
Inflation has been raging beyond the typical norms for the last three years. It is significantly affecting virtually all Americans. While businesses need to increase prices to cover legitimate rising costs, too many are just taking advantage of the upward spiral in prices to gouge the consumer. I encountered the epitome of this trend in The Villages yesterday. I have patronized the “Village Car Wash” in the La Plaza Grande shopping center in Spanish Springs for over 10 years. Admittedly I had not been there in quite some time with covid and all, and the last time I was there was a couple of years ago. At that time the price of the cheapest basic car wash (they call it Bronze) was $14.95. Of interest, also note the prices of the various levels of service were prominently posted when you entered their property. To just digress for a moment, I pass their location several times a week and had been noticing the normal long waiting line of cars—regardless of time of year or time of day—has been absent. The place has always appeared to be a gold mine! Well, not so for the last few months. I don’t know exactly when they raised their prices, but the basic Bronze wash (again the cheapest option) was $34! I only found this out when I went inside to pay because their prices were no longer publicly posted. That is an increase from the relatively recent price of 127%!!! No way have their costs gone up anywhere near that. I now understand why there are no longer any lines of people waiting to get their cars washed, and I will certainly no longer be a customer. That is pure greed that should not be supported by the community.

Leave car out on driveway when it rains then towel off and you got in 10 minutes your “Bronze” service. I would not do this if the car was caked in mud, of course. Throw towel into washing machine. Another 10 minutes of Polish on a sponge cloth and you also have the car protected against lovebugs. I considered it as my exercise for the day…lol.

Battlebasset 06-10-2024 12:41 PM

There are things I pay people to do, because of the skill, tools, or time needed. Then there are things I can do myself.

Car washing is one of those things. I suppose if I wanted to make it easier, I could go to one of the wand carwash places, and put $5 in and spray it off. But $34 plus tip? Or even $20 plus tip. Nope.

Velvet 06-10-2024 12:45 PM

Quote:

Originally Posted by retiredguy123 (Post 2339249)
I have a different take on this topic. A business has the right to charge whatever they want for their product or service. That is capitalism. Price gouging only occurs when a business is taking advantage of people as a result of a special situation where the customer has no other choice but to pay an excessively high price for an essential product. Washing a car is not a special situation where price gouging applies. If you don't want to pay $34 for a car wash, then go somewhere else. But, it is not price gouging. The business has no obligation to charge based on their costs.

This is true, a business can charge any price they want. They just have to make sure that people are willing to pay it too. Supply and demand. The supply doesn’t matter if there is no demand.

Velvet 06-10-2024 12:51 PM

Quote:

Originally Posted by OrangeBlossomBaby (Post 2339334)
Your mistake was getting all your groceries from Publix.

Most of what you got, you -probably- could've gotten at Walmart for much less. You can even get ground chuck cheaper by a couple dollars per pound at Fresh Market, if you go on Tuesdays.

You probably love their customer service, you enjoy knowing that an employee will walk your shopping cart to your car and load up the trunk for you. You probably like the layout, the lighting, their color scheme, and all the other psychological boosts you get from shopping there. They also have fresh-ish fish (it's not THAT fresh, it's just "not frozen") and they grind and cut their own beef on site. They also have excellent ice cream.

But you're paying a premium for all of that. I price it out regularly, because I'm on a budget. Other than things that I /can't/ get at Walmart, such as freshly ground beef or non-frozen fish, or really excellent subs - Walmart saves me anywhere between 20-60% of my grocery costs.

I shop at Publix when I need specialty stuff, like the Schweid's prime burgers or a sub, or bourbon salmon.

Yes, I could not believe that the same soy milk, for example, was twice the price at Publix than at the next door Walmart. My shopping at Publix has decreased logrithmically in a short amount of time. It’s just called getting value for your money.

Velvet 06-10-2024 12:56 PM

Quote:

Originally Posted by Topspinmo (Post 2339477)
You pay for convenience at Publix. Some times not worth trouble to drive to Walmart. Then there ones that refuse to shop at Walmart. Good less people in my road…:shocked:

My Walmart is pretty well next door to my Publix. And now we are getting a Costco :). I like Publix, I just mostly stopped shopping there.

retiredguy123 06-10-2024 01:11 PM

Quote:

Originally Posted by Velvet (Post 2339596)
My Walmart is pretty well next door to my Publix. And now we are getting a Costco :). I like Publix, I just mostly stopped shopping there.

I tried to use Walmart to save $4 on roasted chickens. Then, I found out that at least half of the time I went to Walmart, they didn't have any chickens. Product availability was seriously lacking at Walmart, and the checkout line was ridiculous. Now, I do most of my grocery shopping at Publix, but I can afford it. I do take advantage of the Publix BOGOs that come out on Saturday. You can almost always get half price on ice cream, coffee, cheese, and other products. I buy a lot of non-perishable products from Amazon. Paper towels, toilet paper, shampoo, soap, batteries, beverages, cleaning products, napkins, vitamins, medicine, etc. Cheaper and more convenient.

By the way, I just received 14 bars of Dove bar soap from Amazon that I ordered yesterday. $1.15 per bar. The Walmart price was $1.50 per bar.

Rainger99 06-10-2024 02:14 PM

1 Attachment(s)
I was in a bakery two years and took this photograph. It explains why prices have gone up. And for those who claim that inflation is down since then, that is wrong. Inflation has not gone down. Prices just aren't going up as fast as they were back then.

Bill14564 06-10-2024 02:25 PM

Quote:

Originally Posted by Rainger99 (Post 2339617)
I was in a bakery two years and took this photograph. It explains why prices have gone up. And for those who claim that inflation is down since then, that is wrong. Inflation has not gone down. Prices just aren't going up as fast as they were back then.

Isn’t that the definition of inflation having gone down? If inflation had remained the same then prices would have continued to go up as fast as they were back then.

Velvet 06-10-2024 02:26 PM

Quote:

Originally Posted by retiredguy123 (Post 2339600)
I tried to use Walmart to save $4 on roasted chickens. Then, I found out that at least half of the time I went to Walmart, they didn't have any chickens. Product availability was seriously lacking at Walmart, and the checkout line was ridiculous. Now, I do most of my grocery shopping at Publix, but I can afford it. I do take advantage of the Publix BOGOs that come out on Saturday. You can almost always get half price on ice cream, coffee, cheese, and other products. I buy a lot of non-perishable products from Amazon. Paper towels, toilet paper, shampoo, soap, batteries, beverages, cleaning products, napkins, vitamins, medicine, etc. Cheaper and more convenient.

By the way, I just received 14 bars of Dove bar soap from Amazon that I ordered yesterday. $1.15 per bar. The Walmart price was $1.50 per bar.

Well, I select the time when I go shopping at Walmart. The first time I went, I couldn’t believe the lines. I talked to the checkout people about off peak times. Sometimes it has to do with the parking lot because other business use the same lot. Now days I’m in and out in a jiffy. And if they don’t have the rotisserie chicken, I stop on my way home at Publix. My grocery bill is literally almost half now that I actually look at prices. Before my husband passed away recently, he did all the shopping and I had no idea at all about prices. I can afford Publix and Fresh Market and etc… but I also like to get value for money.

kcrazorbackfan 06-10-2024 03:22 PM

Quote:

Originally Posted by Keefelane66 (Post 2339114)
I wash my own cars about 20 minutes total haven’t been to a car wash in years.

Same here. I’m meticulous so I’ll spend a hour or so on a Saturday or Sunday morning washing, drying, vacuuming and cleaning the interior of the glass.

Stu from NYC 06-10-2024 04:08 PM

Quote:

Originally Posted by Velvet (Post 2339623)
Well, I select the time when I go shopping at Walmart. The first time I went, I couldn’t believe the lines. I talked to the checkout people about off peak times. Sometimes it has to do with the parking lot because other business use the same lot. Now days I’m in and out in a jiffy. And if they don’t have the rotisserie chicken, I stop on my way home at Publix. My grocery bill is literally almost half now that I actually look at prices. Before my husband passed away recently, he did all the shopping and I had no idea at all about prices. I can afford Publix and Fresh Market and etc… but I also like to get value for money.

You can get a larger and cheaper chicken at bj or sams

HORNET 06-10-2024 04:28 PM

And you just noticed!

Rainger99 06-10-2024 04:33 PM

Quote:

Originally Posted by Bill14564 (Post 2339622)
Isn’t that the definition of inflation having gone down? If inflation had remained the same then prices would have continued to go up as fast as they were back then.

If a river is within its banks on day 1 and is 10 feet above flood stage on day 2 and is 12 feet above flood stage on day 3, and 13 feet above flood stage on day 4, would you say that the water has gone down?


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