Inflation

LuFins Dad

Yup, very much noticeable at the grocery store.

It's also a shame how prices have gone up for everything else, even if they aren't impacted by supply chain or other reasons. It's a game of "I can charge more because my neighbor is charging more".

Uhm, no. I expected a little more out of you.

EVERYTHING is effected by the cost of diesel. There’s not a single product that isn’t.
Even if you don’t have a product that’s price has been impacted by supply line or fuel costs, EVERYTHING is still impacted by wage inflation. Wages are skyrocketing. Now that Starbucks Baristas are making $20 per hour, I have to pay my piano movers $40 an hour since their jobs are for more physically demanding and require far more training and skill. That means my rates for delivery have to go up from $250 per upright piano delivery to $325. By the time I’m done paying them, their employment taxes, and the elevated fuel costs, I’m making less per delivery than I was a year ago at $250.
Even if your product wasn’t disrupted by supply issues… Even if your product and services weren’t effected by wage inflation… Even if your product and services weren’t effected by the cost of diesel… We’re going into a period of incredible inflation and economic stagnation. In those economic conditions a business has to improve and protect their profit margins. They will have to get by with less business overall…

Horace

@LuFins-Dad said in Inflation:

@89th said in Inflation:

Yup, very much noticeable at the grocery store.

It's also a shame how prices have gone up for everything else, even if they aren't impacted by supply chain or other reasons. It's a game of "I can charge more because my neighbor is charging more".

Uhm, no. I expected a little more out of you.

Me too, 89th. I expected more out of you too. I will never stop expecting more of you. It’s how you know I care.

#ToughLove

George K · "Now look here, you Baltic gas passer... " - Mik, 6/14/08

@LuFins-Dad said in Inflation:

@LuFins-Dad said in Inflation:

Remember the Farm Bureau’s .14 cent 4th of July?

They’re back…

https://www.fb.org/newsroom/farm-bureau-survey-shows-thanksgiving-dinner-cost-up-14

Can’t wait to see this year’s number.

https://www.fb.org/newsroom/farm-bureau-survey-shows-thanksgiving-dinner-cost-up-20

jon-nyc

@George-K

Here that Turkey is $11, which brings the total to $53. Which means it’s a hair less expensive than 2021

Mik

Bet that $11 turkey sucks.

jon-nyc

Shady brook farms, it won’t be bad.

I think stop and shop has it as a loss leader hoping we’ll get everything else there.

Mik

Of course, it IS turkey, so it can only be so good. Not my favorite fowl.

George K · "Now look here, you Baltic gas passer... " - Mik, 6/14/08

Frozen

Butterball at Jewel is 99¢ a pound here.
"Open Nature" is $2.19.
"Jennie-O" is 59¢.

Kroger is 59¢
Butterball is 88¢ (interesting)

Fresh Butterball is $1.99

jon-nyc

This was fresh.

Also, it’s $2.49/lb without the store discount club membership

LuFins Dad

@jon-nyc said in Inflation:

@George-K

Here that Turkey is $11, which brings the total to $53. Which means it’s a hair less expensive than 2021

What’s the size?

George K · "Now look here, you Baltic gas passer... " - Mik, 6/14/08

@LuFins-Dad said in Inflation:

@jon-nyc said in Inflation:

@George-K

Here that Turkey is $11, which brings the total to $53. Which means it’s a hair less expensive than 2021

What’s the size?

@jon-nyc said the turkey is $2.49/lb

If the turkey is $11.00, well that's a 4.4 lb turkey.

jon-nyc

@LuFins-Dad

No, if got it for 69c a pound using my store card. It’s 13 lbs.

It would have been 2.49/lb without my store card.

George K · "Now look here, you Baltic gas passer... " - Mik, 6/14/08

@jon-nyc said in Inflation:

It would have been 2.49/lb without my store card.

Or about $40.

ETA: The fresh Butterball ($1.99) I posted is more expensive than the chart from the Farm Bureau ($1.81).

LuFins Dad

We spent about $4 a pound for our bird. Organic, non-gmo, free range, and fed truffles every day while listening to Italian Arias…

LuFins Dad

By the way, do we feel better if birds are free range? I mean, they are living their best lives when somebody cuts their lives short with an axe…

Birds living in those overcrowded pens? When death comes for them it’s a release… Freedom from their pain and suffering…

Jolly

The ultimate would be to raise your own free-range turkey.

mark

@Jolly said in Inflation:

The ultimate would be to raise your own free-range turkey.

Or just shoot one of the many dozens that roam our area.

Jolly

Wild turkey is good.

The bird ain't bad, either.

Axtremus

https://www.pncchristmaspriceindex.com/#gifts

The Christmas Price Index: 'For 39 years, PNC has calculated the prices of the 12 gifts from the classic song, "The Twelve Days of Christmas."'

Long story short, PNC estimates that the index will go up by about 10% from 2021 to 2022.

LuFins Dad

@Axtremus said in Inflation:

https://www.pncchristmaspriceindex.com/#gifts

The Christmas Price Index: 'For 39 years, PNC has calculated the prices of the 12 gifts from the classic song, "The Twelve Days of Christmas."'

Long story short, PNC estimates that the index will go up by about 10% from 2021 to 2022.

Eight Maids-A-Milking
$58.00

(0.0%)

Where were you on July 24, 2009? The Eight Maids-a-Milking were fresh off of their last pay raise. The Federal Minimum Wage hasn’t changed since that date and neither has the cost of this gift..

Labor costs aren’t simply driven by Federal Minimum Wage… Farm Labor is up 8% year over year. https://www.lancasterfarming.com/farming-news/news/farm-workers-see-highest-pay-increase-in-10-years/article_12bb7ae6-dcfb-11ec-81da-0790fc782bb6.html

The New Coffee Room

Inflation