Inflation

Mik · wrote on 1 Nov 2022, 02:08

Every single thing at the grocery store is up at least 50%.

LuFins Dad · 1 Nov 2022, 02:45

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 · wrote on 1 Nov 2022, 02:45

@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 · 21 Nov 2022, 20:35

@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 · 22 Nov 2022, 02:04

@George-K

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

Mik · 21 Nov 2022, 20:57

Bet that $11 turkey sucks.

jon-nyc · M Mik 21 Nov 2022, 20:48

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 · wrote on 21 Nov 2022, 20:59

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

George K · wrote on 21 Nov 2022, 21:13

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 · wrote on 21 Nov 2022, 21:17

This was fresh.

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

LuFins Dad · 22 Nov 2022, 02:24

@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 · wrote on 22 Nov 2022, 02:24

@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 · 22 Nov 2022, 02:44

@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 · wrote on 22 Nov 2022, 02:44

@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 · wrote on 22 Nov 2022, 02:58

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 · wrote on 22 Nov 2022, 03:00

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 · 22 Nov 2022, 12:12

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

mark · J Jolly 22 Nov 2022, 06:11

@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 · wrote on 22 Nov 2022, 12:15

Wild turkey is good.

The bird ain't bad, either.

Axtremus · 20 Dec 2022, 21:28

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.

The New Coffee Room

Inflation