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inflation ... meaning prices going up.

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  • inflation ... meaning prices going up.

    I think inflation really means enlarging the money supply or something similar, but
    I'm talking about prices increasing...

    I invite you to post any price increases you see.


    my wally world truck battery died today...

    I paid 77 plus tax in april of 2010
    today same battery is 99.97 plus taxes.

  • #2
    actually RR inflation is a tool they use to pay down the interest AFTER they increase the money supply. It is ALWAYS a symptom of printing more money.. They dont care I mean after all it only affects the peasants.

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    • #3
      I purchased foam insulation, same product same store a year apart. 10% increase.
      Inflation as reported by the Feds does not include price changes among food, fuel, taxes and insurance... The reporting is not a good measure of real world expenses that the general public encounters.
      Example. A teacher who added a master's degree to her credentials before her new contract received the salary increase that compensated for the new level of education retained. Her take home pay actually decreased because her insurance payment increased due to implementation of Obamacare.

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      • #4
        Meat prices

        January 1st 2014 till present Wholesale meat prices on commodity items: boneless pork shoulder picnics $2.10 up from $1.47 up from $1.00 a 18 months ago. Beef brisket $2.98 up from $1.97, 81/19 lean ground beef $3.10 up from $2.17.

        Store brand canned corn .69 up from .50 cents.

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        • #5
          80 cent increase on milk from target.
          Ground beef was 3.29, now its 4.09. We only buy when its on sale.

          I was in Columbus Thursday and gas was 3.07, 3.44 in Atlanta today.
          You know what ol' Jack Burton always says at a time like this?

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          • #6
            Originally posted by WiseOwl View Post
            80 cent increase on milk from target.
            Ground beef was 3.29, now its 4.09. We only buy when its on sale.

            I was in Columbus Thursday and gas was 3.07, 3.44 in Atlanta today.
            If you got the freezer space and can save up to do it I highly recommend buying 1/2 a beef or more if your family will eat it all in about a year. Buy from the farmer and he will take it to the butcher for you when its time.

            Last few years we have been doing this, ~$1200 - pays the farmer and butcher for processing. We paid ~$1.98 a pound for hamburger after subtracting the cost of the other cuts (steaks, roasts, etc.). We save up to do this every spring. A 1/2 will usually last our family about a year, this year it might go quicker since our niece is staying with us.

            You will know where your meat came from and how they were raised, less likely to have your meat mixed in with another animal (unlike commercial processors).
            "It's a trap!!!!" -- Admiral Ackbar

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