re: So did the fed really fix inflation or did the supply chain problem etc just fade out

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4 lbs of Chicken Wings will run you right at $20. Used to be about $12

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Or get a whole chicken at Sam’s for $4.

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4 lbs of Chicken Wings will run you right at $20. Used to be about $12

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I agree with your point, but Chicken wings are probably a bad metric due to the nature of that item with unusual demand spikes.

I’ll also add that I’m not sure how accurate your numbers are. I’ve bought the “fresh” uncut wings with the flaps still on for $3.19 /lb recently, and gotten 4 lb bags of frozen wings for $10.99 on sale. When they’re not on sale, they can be $5 /lb. And this has seemed consistent over the last
3/4 years.

The price of ground beef on the other hand has risen 20-25%. You used to occasionally be able to find cuts like round steak, Chuck steak and even sirloin relatively cheap and can’t anymore. Canned tomatoes and vegetables that used to be .44 for GV brand are now .69. This is just the last three years.