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  #46  
Old 12-12-2024, 12:12 PM
TomSpasm TomSpasm is offline
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I have never done the shopping in my household, but my wife is out of town. The bag of Lay's potato chips at $7 was a stunner!
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Old 12-12-2024, 12:18 PM
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I have never done the shopping in my household, but my wife is out of town. The bag of Lay's potato chips at $7 was a stunner!
& probably fewer chips in the bag.

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Old 12-12-2024, 12:48 PM
SHIBUMI SHIBUMI is offline
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Default Chips

Store brand Chips are 2.00. same size......... its all about branding and peoples inability to change..........

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I have never done the shopping in my household, but my wife is out of town. The bag of Lay's potato chips at $7 was a stunner!
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  #49  
Old 12-12-2024, 07:28 PM
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Originally Posted by dewilson58 View Post
Us...............maybe a dozen per month.
Them 2 dozen/week...
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Old 12-12-2024, 07:45 PM
justjim justjim is offline
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Originally Posted by kkingston57 View Post
Not a true housing market when most of the sales are made by long term investors who buy with cash.
You are spot on. The housing market is lacking affordable housing in all major population centers.
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Old 12-13-2024, 03:06 AM
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After reading all this thread, inflation seems to be about the same as it has always been.
Sometimes low, sometimes high, always with us, a bit like the weather really.
  #52  
Old 12-13-2024, 06:41 AM
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Originally Posted by Two Bills View Post
After reading all this thread, inflation seems to be about the same as it has always been.
Sometimes low, sometimes high, always with us, a bit like the weather really.
Well if you ignore the inflation of 21 and 22 then you may have a point. Especially real estate and car prices. And no doubt it had an major impact on the election.
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Old 12-13-2024, 12:17 PM
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Well if you ignore the inflation of 21 and 22 then you may have a point. Especially real estate and car prices. And no doubt it had an major impact on the election.
Been a lot worse years than 21 and 22, and a long run of better ones

Swings and roundabouts.

Last edited by Two Bills; 12-31-2024 at 05:58 AM.
  #54  
Old 12-13-2024, 12:20 PM
CoachKandSportsguy CoachKandSportsguy is offline
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Originally Posted by Two Bills View Post
After reading all this thread, inflation seems to be about the same as it has always been.
Sometimes low, sometimes high, always with us, a bit like the weather really.
Yes, starting with companies always want to increase profits so they increase prices on products when they can. Employees say., hey, we need to get some of that too! So employees have an annual pay raise. Suppliers do the same.

All is fine until demand drops off for whatever reason, and prices can't rise.
When this happens, mgmt still wants their incentive payment for growth so
they take steps to reduce costs first in the supply chain, secondarily with layoffs.

When goods and services have zero inflation, corporate incentive programs for growth starts pressuring supply chains and labor costs.

So what's good for the consumer might not be good for the consumer to lose his/her job.
So be careful what you wish for

counter point obviously
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Old 12-13-2024, 12:28 PM
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Originally Posted by dewilson58 View Post
Up tick.

LOTS of price gauging,!!!!!
  #56  
Old 12-13-2024, 12:42 PM
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LOTS of price gauging,!!!!!
don't you hate spell checker?
its just getting worse with the AI anticipation errors. . .
  #57  
Old 12-13-2024, 01:58 PM
wsachs wsachs is offline
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Originally Posted by New Englander View Post
Going to the Supermarket is painful. So what's causing this painful inflation? I just have to feed myself. I can only imagine how tough it is on families.
Check out the profits from the grocery chains you support. They ain't going broke. Kroger gross profit for the twelve months ending October 31, 2024 was $33.903B, a 4.26% increase year-over-year. Kroger annual gross profit for 2024 was $33.364B, a 4.99% increase from 2023.
  #58  
Old 12-13-2024, 02:27 PM
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Originally Posted by wsachs View Post
Check out the profits from the grocery chains you support. They ain't going broke. Kroger gross profit for the twelve months ending October 31, 2024 was $33.903B, a 4.26% increase year-over-year. Kroger annual gross profit for 2024 was $33.364B, a 4.99% increase from 2023.
Why compare gross profits? Net income was lower for the period ending 1/31/2024 compared to 1/31/2023. They need to do a better job "gouging"
  #59  
Old 12-13-2024, 04:26 PM
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Originally Posted by BobGraves View Post
The 2020's inflation is NOT transitory. It's just that the rate of increase has lowered. Prices are still high and there has not been a reduction in prices just a reduction in the rate of increase.
You are correct. CPI does not include food or gasoline. So if you don't eat or drive you will be fine.
  #60  
Old 12-13-2024, 04:36 PM
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LOTS of price gauging,!!!!!
Where??
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