it's because of all that free money! nope, certainly nothing else happened in the past year!–every news outlet from fox to npr
It's funny because you can just look at other countries who did no stimulus and inflation is the same. Mexico is also seeing 6.2% inflation and there was no stimulus there.
And we probably haven't even lived through the Herbert Hoover of the 2020s. When the democrats shit the bed in 2024, that's another 2-4 years of completely ineffective response to the economic collapse. After the democrats did nothing with their time except let things further decay and build up the police to kill anyone who protests against it.
I spent $62 on groceries for my partner and I and that only got us part way through the week
Get a chest freezer if you can. They even work in small apartments if you have room.
Ours is full of groceries that freeze that were on sale at some point. Still eating through $6.99 a lb salmon from this summer.
One of my neighbors quit his gig when the company refused a cost of living increase for workers working from home. My neighbor had been working from home before the pandemic and had always got a COL. The company he left sells home entertainment systems and made record profits last year, and all the execs got fat bonuses. From what I understand they've lost half of their sales force who made that record year possible, and they don't even care.
As a former meat department worker, I laughed out loud the other day when I saw chuck steak going for $10.99 a pound.
:geordi-no: animal liberation by organized mass action
:geordi-yes: animal liberation by making meat unsustainably expensive, driving the industry to bankruptcy
This is a supply chain broken by capitalist pursuit of short term profits at the expense of everyone. A lack of foresight and planning got us here, but yeah I'm sure a lack of planning and foresight will get us out. :very-smart:
It's not like they cherry pick the indices they choose to include, and 6.2% was as low as they could get it without completely gaslighting how bad it is. /s
Lol I bet it's over 15% at this point
If the price of Cheerios goes up to much they remove cheerios from the basket and replace it with saw dust. Not even joking.
They use the same indexes but are allowed to change the contents that affect each index. If housing went up 30%, remove housing from the index.
Pretty sure this is how the S & P or the Dow Jones Industrial Average works too. They just hot swap companies into and out of the index, based on their performance, to arrive at a certain number.
In Denmark the statistics office publishes a consumer price index each month. This October prices were three percent higher than October last year. Increases at this magnitude were last seen during the 2008 crash.
Commodity prices hit record highs across the board in the past two years.
Good thing Obama ditched our national grain reserve and used the money to create a grant program instead.
