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stout
Arizona Fan
Smoking Crack with Hunter Biden
Member since Sep 2006
147611 posts

Prices of goods we use every day are rising at their fastest pace in three years
quote:

US economy is growing quickly but flashing an inflation warning sign: Prices of goods we use every day are rising at their fastest pace in three years, with coffee up 8%, bread up 11% and gasoline up 22%



quote:

Measures of inflation - or the prices of goods and services that we all pay - are rising much more quickly than economic experts like to see

Many signs of inflation are already here - with the prices of groceries, household items, gas and electricity, for example, all surging over the last year

The average price of coffee is now up nearly 8% compared to last year, while the price of bread is up 11%, according to Bureau of Labor Statistics data

The prices of raw materials - such as steel, lumber and cotton - that are used to make everything have also been surging

Companies have already said they will be passing on the higher costs of those raw materials onto consumers


Image: https://i.dailymail.co.uk/1s/2021/05/04/23/42580404-9541387-image-a-3_1620168460447.jpg



LINK


DomePatrol1980
New Orleans Saints Fan
Member since Mar 2018
704 posts
 Online 

re: Prices of goods we use every day are rising at their fastest pace in three years
That's just the price of unity, amirite?


stout
Arizona Fan
Smoking Crack with Hunter Biden
Member since Sep 2006
147611 posts

re: Prices of goods we use every day are rising at their fastest pace in three years
Its the price we all must pay not to be subjected to mean tweets from the orange man
This post was edited on 5/5 at 7:15 am


MorbidTheClown
LSU Fan
Baton Rouge
Member since Jan 2015
45035 posts

re: Prices of goods we use every day are rising at their fastest pace in three years
thanks, sleep joe


theunknownknight
LSU Fan
Baton Rouge
Member since Sep 2005
50192 posts

re: Prices of goods we use every day are rising at their fastest pace in three years
This is what happens when you print 60% of every dollar that’s ever existed in history in just the last 12 months.


dakarx
Member since Sep 2018
2691 posts
 Online 

re: Prices of goods we use every day are rising at their fastest pace in three years
The price of bacon is inversely proportional to the amount of other groceries to be purchased...


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300
Animal
Georgia Fan
Member since Dec 2017
1443 posts

re: Prices of goods we use every day are rising at their fastest pace in three years
it is amazing that people don't understand the principle of scarcity and what "free" money on a massive scale really costs them in the longer run.


SelaTiger
USA Fan
Member since Aug 2016
9971 posts

re: Prices of goods we use every day are rising at their fastest pace in three years
Yeah but as long as they keep giving us stimulus it’s a wash, right?


NoSaint
Member since Jun 2011
8731 posts

re: Prices of goods we use every day are rising at their fastest pace in three years
quote:

That's just the price of unity, amirite?


The fastest since mid way through the last presidents term...


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2267
theunknownknight
LSU Fan
Baton Rouge
Member since Sep 2005
50192 posts

re: Prices of goods we use every day are rising at their fastest pace in three years
I really don’t think people have the vaguest idea of what is about to hit us

At any point, the dominoes could fall and it will all come crashing down making the Great Depression look like a walk in the park

The collapse is coming. We are seeing the early stages now.


Sao
SMU Fan
East Texas Piney Woods
Member since Jun 2009
50583 posts

re: Prices of goods we use every day are rising at their fastest pace in three years

Corn 44%? WTH? We're flush with the stuff


theunknownknight
LSU Fan
Baton Rouge
Member since Sep 2005
50192 posts

re: Prices of goods we use every day are rising at their fastest pace in three years
quote:

Corn 44%? WTH? We're flush with the stuff


Answer: Government is involved with corn


RougeDawg
Georgia Fan
Member since Jul 2016
3395 posts
 Online 

re: Prices of goods we use every day are rising at their fastest pace in three years
quote:

it is amazing that people don't understand the principle of scarcity and what "free" money on a massive scale really costs them in the longer run.


Most people are idiots.


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554
carhartt
LSU Fan
Member since Feb 2013
5369 posts

re: Prices of goods we use every day are rising at their fastest pace in three years
quote:

I really don’t think people have the vaguest idea of what is about to hit us


People truly don’t care just as long as they keep getting free shite for sitting on theirs asses. The world could be burning around them and all they’ll do is keep checking the mailbox for a handout.


theunknownknight
LSU Fan
Baton Rouge
Member since Sep 2005
50192 posts

re: Prices of goods we use every day are rising at their fastest pace in three years
quote:

People truly don’t care just as long as they keep getting free shite for sitting on theirs asses.


They’re gonna care when price of a loaf of bread becomes $500 over night


Jon Ham
Arkansas Fan
Member since Jun 2011
22089 posts

re: Prices of goods we use every day are rising at their fastest pace in three years
quote:

I really don’t think people have the vaguest idea of what is about to hit us


Why don’t you inform us? What’s about to hit us, specifically?


BamaCoaster
LSU Fan
God's Gulf
Member since Apr 2016
3267 posts

re: Prices of goods we use every day are rising at their fastest pace in three years
If only the fed would lower interest rates, right?!?


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130
Lonnie Utah
Citadel Fan
Utah!
Member since Jul 2012
12063 posts

re: Prices of goods we use every day are rising at their fastest pace in three years
Bacon is up more than 11% BAW...


theunknownknight
LSU Fan
Baton Rouge
Member since Sep 2005
50192 posts

re: Prices of goods we use every day are rising at their fastest pace in three years
quote:

Why don’t you inform us? What’s about to hit us, specifically?


Stop being a lazy arse and read any history book or take an elementary economics class

Only a legitimately retarded person needs an explanation of what comes next.


Bronson2017
Auburn Fan
Birmingham
Member since Feb 2019
1358 posts
 Online 

re: Prices of goods we use every day are rising at their fastest pace in three years
quote:

Bacon is up more than 11% BAW


Especially Wrights. Was going to smoke some jalapeño poppers this past weekend and decided to skip out.

Stuck with soy burgers /s


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