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re: The US BLS has announced that coffee prices will no longer be factored into CPI inflation
Posted on 5/13/24 at 9:59 am to Pedro
Posted on 5/13/24 at 9:59 am to Pedro
quote:
I think there’s definitely some cuts being made but the issue is everyone has different priorities. The coffee cut I may be willing to make owlie may not where the restaurant cut he’s willing to make I may not. When you factor in this is a country of a third of a billion people and the amount of people making cuts in products like coffee vs cutting something else or (like an unfortunate large amount of people) supplementing with credit it’s probably not enough of a dent that price increases can’t cover.
Unfortunately I fear we’re in a runaway train ride that ends off a large cliff but who knows when that comes. everytime it seems we’re getting close it seems like the cliff somehow moves alittle further away.
Alcohol and pills are on most peoples priority list. They are about to find out over the long term why they shouldnt be.
Posted on 5/13/24 at 10:07 am to jizzle6609
quote:
Alcohol and pills are on most peoples priority list.
Hyperbole much?
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