[JRcorvette]

Originally Posted by Steve

For all the people who believe inflation is under control:
I just came back from Walmart. Went to buy potato chips. Last week a bag of Lay's Potato Chips was $4.68. Today $5.38. That's a 16% jump. AND the bags are smaller than they used to be!!

I refuse to pay that kind of money for JUNK FOOD the is terrible for your health. You should too!

[Kelevision]

Originally Posted by Steve

For all the people who believe inflation is under control:
I just came back from Walmart. Went to buy potato chips. Last week a bag of Lay's Potato Chips was $4.68. Today $5.38. That's a 16% jump. AND the bags are smaller than they used to be!!

You should’ve gone to Publix. Lays are on sale right now, Buy one get one free. They were only 468 too. For two bags.

[oneclickplus]

Originally Posted by Steve

For all the people who believe inflation is under control:
I just came back from Walmart. Went to buy potato chips. Last week a bag of Lay's Potato Chips was $4.68. Today $5.38. That's a 16% jump. AND the bags are smaller than they used to be!!

It's not going to end. We are well past the point of no return with regard to US debt. It will continue to grow which is unsustainable. When something is unsustainable, that means it can not go on forever. The US dollar will be destroyed. That means it will lose ALL of its buying power. Think NOW of how you will feed yourselves when your money dies.

It has happened before to other countries that print, print, print. It will happen again and it will happen here. There is no doubt any longer.

https://www.amazon.com/When-Money-Di.../dp/1586489941

[coconutmama]

Originally Posted by Steve

For all the people who believe inflation is under control:
I just came back from Walmart. Went to buy potato chips. Last week a bag of Lay's Potato Chips was $4.68. Today $5.38. That's a 16% jump. AND the bags are smaller than they used to be!!

Big business will always take advantage. Look at the profits of these companies.

[bowlingal]

Lays at Publix this week $4.79 and it's BOGO. Same for Winn Dixie this week. You should learn to read the Winn Dixie and Publix inserts in the Wednesday paper. OR go to the stores and pick one up

[Janie123]

Originally Posted by La lamy

What ****es me off is the immense profits grocery stores make from all this "inflation". Here's what google said about Publix profits in 2022:
"Publix had operating earnings of $1.3 billion in the period, up 35% year over year while full-year 2022 profits totaled $4 billion, up 13% from 2021."

They are, by law, to have a fiduciary responsibility to their shareholders, not you. So shareholder stock prices and dividends supersede you getting cheap food. If Aldi wants to sell something as a slightly lower gross margin than Walmart and Publix, they do that at the expense of their shareholders. Aldi offsets the cost with no bags, quarters in shopping carts to prevent theft, and off brand items. Walmart lowers costs by you checking yourself out at the expense of their employees. Publix has more items in stock and fuller shelves but that comes with higher prices… you as an buyer can pick and choose where you want to shop.

[coconutmama]

Originally Posted by GizmoWhiskers

For some everything that costs more than in 2019 is self-inflicted. When I moved to T V gas was $1.80 a gallon at Neighborhood Walmart 466A. Chips were big bags for less than $3... the list goes on and on.

The price of gas in 2019 was also $3.03. It fluctuates.

Chips? Don’t buy them, so don’t know

[mikeycereal]

Eat healthier. Bananas are still cheap.

[Mrfriendly]

Originally Posted by Steve

For all the people who believe inflation is under control:
I just came back from Walmart. Went to buy potato chips. Last week a bag of Lay's Potato Chips was $4.68. Today $5.38. That's a 16% jump. AND the bags are smaller than they used to be!!

The worse part of inflation is beer is now up to about $10 for six pack of Bud. Uggh! Gonna join the home brew club and make my own.

[Jazzman]

[QUOTE=La lamy;2218644]What ****es me off is the immense profits grocery stores make from all this "inflation". Here's what google said about Publix profits in 2022:
"Publix had operating earnings of $1.3 billion in the period, up 35% year over year while full-year 2022 profits totaled $4 billion, up 13% from 2021."[/Publix’s sales for the fiscal year ended Dec. 31, 2022, a 53-week year, were $54.5 billion, a 13.6% increase from $48 billion in 2021, a 52-week year. The additional week in 2022 increased sales by 2.1%. Comparable store sales for the fiscal year ended Dec. 31, 2022 increased 9.9%.

The following is from Publix financial report. Don’t know where Google got their info:

Net earnings for the fiscal year ended Dec. 31, 2022 were $2.9 billion, compared to $4.4 billion in 2021, a decrease of 33.9%.

[Ptmckiou]

They aren’t raising prices NOW because of inflation. They are raising prices because of greed. They know they can do it, and you still purchase the items. Why lower the price?

[retiredguy123]

Originally Posted by Janie123

They are, by law, to have a fiduciary responsibility to their shareholders, not you. So shareholder stock prices and dividends supersede you getting cheap food. If Aldi wants to sell something as a slightly lower gross margin than Walmart and Publix, they do that at the expense of their shareholders. Aldi offsets the cost with no bags, quarters in shopping carts to prevent theft, and off brand items. Walmart lowers costs by you checking yourself out at the expense of their employees. Publix has more items in stock and fuller shelves but that comes with higher prices… you as an buyer can pick and choose where you want to shop.

I have chosen. I go to Publix almost every day. Walmart is a zoo, and they often don't keep their regular products in stock. I think that Aldi's quarter cart deal is one of the cheapest and dumbest things I have ever seen. And, I don't believe that it helps their bottom line.

[Captainpd]

So you want the government to step in and control profit margins?.? Free enterprise.

[Wondering]

Originally Posted by Steve

For all the people who believe inflation is under control:
I just came back from Walmart. Went to buy potato chips. Last week a bag of Lay's Potato Chips was $4.68. Today $5.38. That's a 16% jump. AND the bags are smaller than they used to be!!

Walgreens and Winn Dixie have them 2 for $6. So that's $3 per bag. shop some other places. Stop whining.

[Steve]

Originally Posted by Kelevision

You should’ve gone to Publix. Lays are on sale right now, Buy one get one free. They were only 468 too. For two bags.

I did. That BOGO was last week. This week they were $4.59/bag.