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Post Info TOPIC: Inflation running wild
Are we seeing inflation? [3 vote(s)]

Yes
66.7%
No
0.0%
About the same as always
33.3%


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Inflation running wild


I guess we all started noticing inflation as the gas prices have crept upward over the past few months, but it really hit home for me when my $1.99 back of Munchos turned into $2.29...

Yeah, I was just sitting there the other day munching on some Munchos and looked at the bag and said to myself, "wait a minute!"

 

002187693.jpeg

 

B4QS1.png

 

I am sure we are going to see this across the board, and I say that loosely because currently lumber prices for press board are up 300%... 

Anyone else have any inflation stories to share?



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You forgot the hidden inflation, instead of a price increase, there has been a volume decrease. Half gallon of ice cream is now 1.5 quarts, like the 56oz bottles that used to be 64oz. A 13oz cereal box is now 10.8oz. The price remains the same, you are just getting less for your money.

Check the tags, youll see what I mean.



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Stan_147 wrote:

You forgot the hidden inflation, instead of a price increase, there has been a volume decrease. Half gallon of ice cream is now 1.5 quarts, like the 56oz bottles that used to be 64oz. A 13oz cereal box is now 10.8oz. The price remains the same, you are just getting less for your money.

Check the tags, youll see what I mean.


 Obama started that in 2008 when he said no COLA increases for 3 years because there "is no inflation" Yeah right. So 16 oz coffee is now 13oz, 16 oz bacon is now 13oz but same price. Backdoored again.



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I have noticed that my once 20oz bottles of Coke are now much smaller and the same price. 

I also understand that Coke is currently being boycotted but I'm going to have a hard time with that. It's become such a circus with businesses injecting themselves into politics that it's not even funny. Used to be that a business wanted to keep ALL it's customers happy, but now days they opperate under the creed of "we can't please everyone" when all they have to do is keep making their product or providing whatever service and keep their mouths shut. Also used to be business worked for your business, but now days it's more of a take or leave it attitude because the market is cornered anyway. 



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In yet another sign that inflation may be creeping up on us,

https://www.foxnews.com/food-drink/ketchup-packets-being-sold-on-ebay

Apparently there is a demand and people are paying cold hard cash for condiment packets on eBay. 

This reminds me of the time back in the early 1990's when I was in England and Scotland... there whenever you want a packet of ketchup it cost .5 pence, a nickel in US money but at the time with exhange rates a nickel in the UK was worth a dime USD.

So, anyone who has been packing away all them condiment packets from your favorite fast food joint, now is your time to cash in! We all know someone who hordes these kinds of things! LOL

Makes you wonder though, when does a packet of ketchup expire? There are usually no expiration dates on these kinds of things. Does ketchup stay longer than, say, Taco Bell sauce or Arby's sauce?



-- Edited by SELLC on Thursday 8th of April 2021 04:42:59 AM



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And yet another example, my Mom just paid over $300 for ten sheets of pressboard. That is a 300% increase!

As someone looking to do some revovations just before COVID I have to wonder how much longer these price increases can maintain? Are they here to stay? Or will it come back down? 

Runaway inflation usually requires a market correction to fix, but that brings other problems worse than what needs to be fixed. lol

I'm in a holding pattern, seems a lot of automakers are too with the chip shortages... it might come to pass it wasn't really a shortage, rather a lack of budget for the outragous price increases! The materials needed to make catalytic converters is thru the roof to the order of insane values! (Pt)= $1,096.94 Troy Ouce (Pd)= $2,659.94 Troy Ounce (Rh)= $25,850 Troy Ounce these are the precious metals found in catalytic converters - Platinum, Palladium, Rhodium...

It's not hard to see, at least from a converter production standpoint - how this could have auto makers going into holding patterns. Makes you wonder if some of these metals aren't being made more valuable due to their use in the wild Space exploration. Maybe it's Chy-NA... or we could even blame it on Rona shutdowns. 

Sounds like the 600 pound Twinkie in the room nobody wants to talk about.



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Gotta have the coke. I get sams club coke at wallys for .68 cokecola is 1.90

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You don't find the taste of Sam's Coke to be near undrinkable?



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Taste about the same to me I guess. I drink very little soda anyway.

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Inflation has officially arrived!

https://www.yahoo.com/finance/news/warren-buffett-we-are-seeing-substantial-inflation-and-are-raising-prices-220539307.html



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We were paying around $01:48 per liter for 9ctane fuel about a month ago, now it's back up to $01:68....

I'm not saying that it's a result of inflation, but rather the Covid-scam is coming to a close maybe...

Everything down in Oz went up around 20-30% when Covid first appeared except for fuel. And you couldn't buy any toilet paper anywhere for about a month lol !

All that said, the AUD to USD exchange rate is the best its been for years, hovering into the low 70-cents USD for one Aussie dollar. ( It was as low as 59-cents about 12-months ago ).

* The only way the US-of-A gov't is going to get back some of the "Covid relief funding" it gave you is to tax your sorry asses some more folks !



-- Edited by Rastus on Monday 3rd of May 2021 08:02:54 AM

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Gas prices really don't phase me, perhaps because I do very little driving outside of pleasure. I guess it does bother me when it starts getting close to $4 a gallon because then I know any trip I take is going to cost me more. LOL, one thing about more expensive gas is that it keeps people off the road, and more road = more fun! LOL

But there are definite signs of inflation and it's no longer limited to such things as lumber or gasoline. It has spread to everything pretty much! Some companies get sneaky by shrinking the volume in order to maintin a similar price, as others have said in here but the bottom line is the cost of items today is more than what they were a short time ago and that is pretty much across the board.

I don't know if the toilet paper shortage was some kind of sick joke but we have never seen that before, at least I hadn't... but sure as $hit, I went to buy some in the early stages of COVID and the entire isle was empty. Even took a photo!

Here is something else that is happening here in Michigan, at least in my area

tacobellmay21.jpg


This photo above was taken a few days ago and represents what is happening to a LOT of fast food resturants in my area from Taco Bell, Arby's, Wendy's and just about everywhere else!

Some are blaming COVID but others are saying they can't find people to work due to the current unemployment benefits that make it more lucrative to collect unemployment than to work. 

Regarless, if Taco Bell is reducing their hours to only five hours per day on the weekends then something is seriously wrong! And it's not only Taco Bell, it's just about all of them!

You can't tell me that over a YEAR of business disruption isn't going to catch up with us. 



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You never know SELLC, people may be more afraid of catching something ( Covid ) from being at work at one of these places.

Collecting gov't benefits is a great safety-net to have, but I doubt folks want to make a career out-of-it.

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I don't work at or own any of these places so I'm only repeating what I'm hearing at the street level as a customer from locals.

I am sure in one way or another it has to do with COVID, but this rolling infection is very odd because it's been over a year now.

Media is saying it's real bad in India right now, but that makes no sense! The original outbreak was in China so logistically it seems like they would have seen it much sooner than the US.

Something is not right... we are not being told something... something is being left out and for sure this virus is being used to test the waters... for what? Again, they aren't saying!

 



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SELLC wrote:

1. I am sure in one way or another it has to do with COVID, but this rolling infection is very odd because it's been over a year now.

2. Media is saying it's real bad in India right now, but that makes no sense! The original outbreak was in China so logistically it seems like they would have seen it much sooner than the US.

3. Something is not right... we are not being told something... something is being left out and for sure this virus is being used to test the waters... for what? Again, they aren't saying!

 


 Yo,

R1. Agreed. Some people are making $$$ out-of-all this mess don't forget. IMO I'm starting to think that they've sprinkled a little-of-it here & there in the Western World to validate its existence, & meanwhile, they're letting places like Africa & India get a whopping dose for the means of population control...Remember that Bill Gates has been funding population control devices for 3rd-world countries for a long time, & the SOB is also the one funding vaccines, so a lot doesn't add-up here...

(Nb. And even the now passed away Royal Prince Philip is quoted in a 1988 news interview as stating qt " If there is such a thing as reincarnation, I hope to come back as a deadly virus to stem the world over-population" ( or very similar ). Ironic that he passes away in the midst of a crisis that appears to be doing just that...).

R2. One theory I read has it that it( Covid ) was initially initiated by US-of-A financial interests, to mess-up China's domination of the world economy, & hence create an enemy for the Military Industrial Complex, whilst regaining economic strength for the elite in the worlds markets. Don't forget that even Sleepy-Joe has only just announced a further increase in DoD funding from Mr.Trumpdts 752-Billion dollars per year by another 13-Billion dollars...And just 3% of this budget would feed all the starving people in our little world...

R3. "They" are keeping us busy with false information & stress, plus "false-flag-"whilst making BIG BUX for the elite & the selected politicians.

 



-- Edited by Rastus on Tuesday 4th of May 2021 09:58:53 PM

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Speaking of Bill Gates, I'm sure we have all heard that he is following in the footsteps of Bezos and getting a divorce.

Makes you wonder, could there be more trouble there? Something we don't know about yet? A dark side to Bill Gates?

Nobody can seem to put their finger on where the COVID come from, except to say that it turned up in China first! And you know the old saying "Whoever smelt it, dealt it!" 

If indeed inflation works to raise everyone like high tide at the shipyard then perhaps it won't be too bad. In such cases it could make paying off old debt easier since it was taken on before inflation hit.

One thing is for sure, it's creeping up!



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Gas has jumped $0.25/gal in the last 7 days in my area. Not so hidden anymore.

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Gas prices increasing should bode well for my recently aquired XOM stock! lol

Trying to keep a positive mind, my gut tells me we are in for some turbulence in the near future!



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