Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#46
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Clinton got all the credit but it was really a shared bipartisan result
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#47
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Coke prices were more than $4 for a 12 pack before COVID. We drink a lot of it and I have been shopping for sales for a long time now. Increasing their margins as a test of what the market will bear? You realize that's the way capitalism works, right? There may be some slight corrections to prices that have increased too rapidly but overall, we have what we have. I believe this is a good thing since a major decrease in prices, deflation, is a sign of a problem in the economy. But, that discussion is best left to those who have spent much more time studying economics.
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Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works. Confirmation bias is real; I can find any number of articles that say so. Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough |
#48
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You could almost always get a 12 pack of coke or Pepsi for $2.99 pre Covid. This was not the regular price but it was the sale price. They usually went on sale about once a month. Since moving to the Villages, coke is usually buy 2, get 1 free. Pepsi s occasionally buy 2, get 2.
Right now, Pepsi is $9.49 for a 12 pack at Winn Dixie and $9.59 at Publix. At Walmart, a 12 pack is $7.28 or $11.58 for a 24 pack. |
#49
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A savvy accounting firm could create a spreadsheet that showed you Publix was damn near bankrupt!!! ![]() |
#50
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#51
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By "fortunate," if you mean we worked hard, didn't spend frivolously, saved...then yes, I agree, I am fortunate.
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#52
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It was 1.7% three and a half years ago. So, am I happy with 3.3 ? No !
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#53
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What makes inflation hard to handle is that it's an everyday phenomena, whereas your annual salary / hourly rate / social security payment increase is only once a year, to catchup to the past. So unless you are in a place to raise your own income faster, then your income is always behind the cost increase curve. . . .
So what's good for investments in corporations (rising prices, increased profits) is not good for consumers, and what's good for consumers (cheap prices, very slowly increasing) , is not good for corporations. . pick your poison. . . and for this reason, some of your assets should be invested in corporations. . . If corps want to grow profits and price inflation is zero( zero revenue growth) , then the only way they can get their bonuses is to reduce costs. To reduce costs, they can squeeze their material supply chain, or lay off people and replace them with automation . This is where automation will kill the consumer economy by replacing consumers with automation. . and the only offset is to increase taxes on corporations and reduce taxes / increase support to consumers. . . be careful what you wish for. . |
#54
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Everywhere “ Hope Smiles from the threshold of the year to come, Whispering 'it will be happier'.”—-Tennyson Borta bra men hemma bäst |
#55
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Never take life seriously. Nobody gets out alive anyway |
#56
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https://www.cato.org/commentary/no-b...alance-budget# But, let's stick to the subject, which is "Inflation."
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Never take life seriously. Nobody gets out alive anyway |
#57
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#58
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Since some folks live on a fixed income, inflation hurts us more than those that have investments that are dependent on high interest rates. Inflation may go down but prices don't. In order to see the damage inflation does, you have to compare today's prices with yesteryear's prices. In many cases prices do not go down, once raised. Creating a personal budget for the year damaged by high inflation rates for retirees on a fixed income means cutting luxuries in order to pay for necessities. Like someone else said, inflation going down, does not mean costs go down. It just means that increases level off, but they do not go back to pre-inflationary prices. I am happy for those that have investments dependent on the stock market when inflation means interest rates go up, that doesn't help everyone else. Damages caused by inflation hardly ever repairs itself. I don't applaud a 3.3% inflation rate, when the damage from accumulated inflation for the last three years will take years to rebound from.
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Never take life seriously. Nobody gets out alive anyway |
#59
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No but they are obviously marking up prices.
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#60
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I kind of relate to them as Wegmans up north. They are higher priced, but I don’t feel like traveling a lot for groceries.
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Everywhere “ Hope Smiles from the threshold of the year to come, Whispering 'it will be happier'.”—-Tennyson Borta bra men hemma bäst |
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