Community Chat

[BlueFinch]

The average middle class is now falling closer to the upper lower class in our current economy. It's hard to accept after being the hardest worker bees and contributors to many. 

How soon before our cups are empty, too? I'm not seeing a good prognosis for our future. Gotta make the best of it before it all comes tumbling down. 

[Enufstuff]

@febe1 @catter70  The eggs that I bought yesterday were $6.00.

The $4.00 ones were sold out.

[layla2450]

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@Enufstuff wrote:

@febe1 @catter70  The eggs that I bought yesterday were $6.00.

The $4.00 ones were sold out.

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I just bought a dozen cage free brown eggs at Akdi for $2.38.

[febe1]

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@layla2450 wrote:

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@Enufstuff wrote:

@febe1 @catter70  The eggs that I bought yesterday were $6.00.

The $4.00 ones were sold out.

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I just bought a dozen cage free brown eggs at Akdi for $2.38.

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Did you check the expiration date, @layla2450 . They get less expensive as expiration date is close. I can't remember the last time I saw $2. anything. 

[patbz]

We now buy our eggs by the flat (5 dozen for $12.50 last week). We transfer them into 18 CT containers ( we'll never go back to buying a dozen at a time).

[Sooner]

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@THEY CallMe Mr Wilkes wrote:

Since 1946 there are only 4 years of annualized CPI declines.

So I would most assuredly say yes, inflation and price increases are absolutely the norm post World War II.

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@THEY CallMe Mr Wilkes Then there are the days of 15 and 18 percent home loans from the 1980's. . . that hurt more than most years of small percentage inflation.  You can't compare that to "normal" inflation.

[rockygems123]

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@SilleeMee wrote:

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@CelticCrafter wrote:

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@SilleeMee wrote:

Sometimes I think I should buy my things today b/c if I wait then the prices will be higher tomorrow, no doubt.

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@SilleeMee we do for non-perishables when they go on sale.

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@CelticCrafter 

I'm hoping to get the outside of my house painted soon and I'm fearing the worst for what the painters are asking. If I do it sooner than later I think I might save some money but I don't think it will be a significant amount I'm afraid. Maybe one of the painting companies can give me a break...who knows. I won't be cutting corners on paint quality. That's for sure.

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@SilleeMee 

An acquaintance of mine in Loveland had her house painted for free from an organization that offers that benefit to seniors. 

Not sure how she qualified as she has quite a few assets, liquid and real estate

[nrm]

I remember in 1984 my sister and her husband bought a house and their mortgage rate was 14 1/2 percent. They had no debt.

[CalminHeart]

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@Sooner wrote:

I think inflation is here to stay.  Pretty soon "less" really be "more."

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Big corporations are having extreme record breaking profits. I call it price gouging more than inflation.

[granddi]

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@Pecky wrote:

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@febe1 wrote:

I don't care much about the DOW, etc., if the price of eggs is $4. something. 

And to make matters worse: there is shrinkflation. You pay much more and get much less.

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@febe1 So true!  They had a segment on shrinkflation on the news. Price sky high and you get much less.  Some one was saying that McDonald's fish sandwich is the size of a slider and the price is over $5.  It's all greed.

Shrinkflation is not just a hysterical made up word. It's a real.

A major toilet paper maker said at a stock holder meeting about shrinking the product amount : "what are they going to do go the bathroom less" Shrinkflation and Greedflation are not charteristics of normal economic cycles of history. 

“While shrinkflation is not new, it is arguably the most deceptive pricing practice companies use and has come under renewed scrutiny as Americans face grocery prices 25% higher than prior to the pandemic,” Lindsay Owens, executive director for Groundwork and the author of the study, wrote. “We find that as much as 10% of inflation in key product categories can be attributed to shrinkflation.”

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