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Why your prices have gone up… an anecdote

Posted on 10/10/22 at 9:37 am
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
39947 posts
Posted on 10/10/22 at 9:37 am
Some baker somewhere.. saw on Twitter

Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134860 posts
Posted on 10/10/22 at 9:38 am to
But if the lockdowns saved just one life
Posted by Marquesa
Atlanta
Member since Nov 2020
1533 posts
Posted on 10/10/22 at 9:38 am to
Well done. Someone should make a political ad with that in it.
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
35088 posts
Posted on 10/10/22 at 9:38 am to
Big ingredient is price gouging us.
Posted by idlewatcher
County Jail
Member since Jan 2012
79083 posts
Posted on 10/10/22 at 9:40 am to
People are dumb if they think inflation is only at 8-10%. That's laughable.

Literally every metric has doubled.
Posted by Athis
Member since Aug 2016
11599 posts
Posted on 10/10/22 at 9:46 am to
Damn butter has gone up to $5 a pound.. This Thanksgiving is going to cost a whole lot more this year..
For the last few years the grocery stores have run a deal that if you spend X amount of dollars you can get a turkey for .39 a pound.. I have a feeling that is not going to happen this year..
Posted by SomewhereDownInTX
Down in Texas, Somewhere
Member since Mar 2010
3320 posts
Posted on 10/10/22 at 9:48 am to
quote:

For the last few years the grocery stores have run a deal that if you spend X amount of dollars you can get a turkey for .39 a pound.. I have a feeling that is not going to happen this year..


If you want to have turkey this year you should buy it now. Prices will be high if you are even able to buy them.
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
39947 posts
Posted on 10/10/22 at 9:49 am to
How does flour more than double in price in 18 months?
Posted by McLemore
Member since Dec 2003
31495 posts
Posted on 10/10/22 at 9:49 am to
quote:

This Thanksgiving is going to cost a whole lot more this year..


Did you not save your .13 from Fourth of July??? Loser.
Posted by BugAC
St. George
Member since Oct 2007
52787 posts
Posted on 10/10/22 at 9:51 am to
quote:

How does flour more than double in price in 18 months?


Posted by Tigers2010a
Member since Jul 2021
3627 posts
Posted on 10/10/22 at 10:00 am to
Loaf of french bread was $1 forever, now $1.47. That is not 8% inflation.
Posted by Zap Rowsdower
MissLou, La
Member since Sep 2010
13250 posts
Posted on 10/10/22 at 10:05 am to
I don’t disagree but another factor is business owners (especially those with a geographic monopoly or oligopoly) looking for excuses to jack prices up and say “Well, I hate to do it, but this damn inflation.”


ETA why the downvotes?

Y’all are kidding yourselves if think businesses like independently owned gas station and grocery store chains in rural areas aren’t using this situation to not only keep the profit margins they’re used to but also increase them.
This post was edited on 10/10/22 at 10:31 am
Posted by geauxturbo
Baton Rouge
Member since Aug 2007
4168 posts
Posted on 10/10/22 at 10:06 am to
But no more mean tweets. Its ok if the poor suffer as long as suburban white women have good feels.
Posted by deltaland
Member since Mar 2011
90598 posts
Posted on 10/10/22 at 10:25 am to
And they say inflation is only 8% from a year ago.

It’s more like 50% for most goods. And that list is just basic staples
Posted by deltaland
Member since Mar 2011
90598 posts
Posted on 10/10/22 at 10:28 am to
I went to wal mart yesterday and bought

4 pack of yogurt
Bottle of body wash
9 roll pack of charmin
Bottle of vitamin gummies
8 pack of sugar free Powerade
16 oz sour cream
Small block of velveeta with can of rotel
2 cans of southwest style corn
2 bottles of salad dressing


75 fricking dollars
Posted by Gr8t8s
Member since Oct 2009
2579 posts
Posted on 10/10/22 at 10:30 am to
That’s not true at all. Businesses aren’t more greedy today than they were yesterday. They have no clue what their true costs are going to be because they’re rapidly rising and what they expect their costs to be may not be anything like they actually are. They either have to Jack up prices or risk losing money. The cure for high prices has always been high prices…..until the government gets involved, and you’re seeing that now.
Posted by Keltic Tiger
Baton Rouge
Member since Dec 2006
19288 posts
Posted on 10/10/22 at 10:32 am to
Was talking to the manager of a local Albertsons & asked him if grocery prices would ever go down, inflation or otherwise. He just smiled & shook his head "no". Guy was shopping for tailgating Sat. & he was laffing on the phone...3 large bags of chips, with tax, almost $28.And bags 3/4 full, the rest air.
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
14185 posts
Posted on 10/10/22 at 10:32 am to
quote:

I don’t disagree but another factor is business owners (especially those with a geographic monopoly or oligopoly) looking for excuses to jack prices up and say “Well, I hate to do it, but this damn inflation


Please tell us what real world experience you have in these pricing discussions to validate your theory.
Posted by TerryDawg03
The Deep South
Member since Dec 2012
15708 posts
Posted on 10/10/22 at 10:33 am to
Canned vegetables (generic brand) have gone from $.70 to $.90 (29%).

It’s only $.20 a can. C’mon man!
Posted by deltaland
Member since Mar 2011
90598 posts
Posted on 10/10/22 at 10:33 am to
quote:

How does flour more than double in price in 18 months?


Flour is made from wheat. Wheat supply has been short thanks to Russia
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