@Coinstartled said:
Daily newspaper of little substance jumped from $1 to $2 about a year and a half ago. Monthly subscription jumped from $10 to $30.
Guess that is what happens when Warren Buffet invests.
If it is of little substance, then maybe you dont need it. That would be a dollar saved. Would that be deflationary?
Now you are exploring the wonders of chained inflation. A ploy Obama era accountants used to minimize the true inflation. Once the consumer was priced out of steak, it was considered that he was ahead because he was consuming cheaper hamburger. Priced out of beef all together he further benefited by eating only cheap chicken. When those prices soared, Eighty cent per pound oatmeal was a double win as his cost per meal again dropped and his cholesterol likely did as well.
By those metrics, Sub Saharan Africa is the best place on earth to live.
@jmski52 said:
I paid over $9 a bale for 2 bales of straw today. Last year it was closer to $3/bale. Damn.
$5 a bale up here in gods country. Outrageous.
New chain for saw just set me back $34, made in china and probably won't last 6 months. Last one came from Sweden, cost $25 and I got almost 2 years out of it.
About the only item I'm seeing that's in deflation is collectable coins. lol
My local newspaper cost around $14/month when I moved here 6 years ago. Now it's $28. I dropped it, thinking I'll get an email to get me back in at $19 or so. I got an email...$26. No tankx.
Was at the market last week and orange juice is still $2.99 for my brand but the container is 59floz instead of 64. Another Florida brand container was even smaller and $1 more.
@bigjpst said:
Was at the market last week and orange juice is still $2.99 for my brand but the container is 59floz instead of 64. Another Florida brand container was even smaller and $1 more.
@bigjpst said:
Was at the market last week and orange juice is still $2.99 for my brand but the container is 59floz instead of 64. Another Florida brand container was even smaller and $1 more.
Orange juice futures prices are at 9 year lows.
So you’re saying they are trying to squeeze out some more profits.........
@bigjpst said:
Was at the market last week and orange juice is still $2.99 for my brand but the container is 59floz instead of 64. Another Florida brand container was even smaller and $1 more.
Orange juice futures prices are at 9 year lows.
So you’re saying they are trying to squeeze out some more profits.........
That's punny.
Or maybe trying to maintain profits in the wake of other rising costs?
@bigjpst said:
Was at the market last week and orange juice is still $2.99 for my brand but the container is 59floz instead of 64. Another Florida brand container was even smaller and $1 more.
Orange juice futures prices are at 9 year lows.
probably because you can't drink promises.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@bigjpst said:
Was at the market last week and orange juice is still $2.99 for my brand but the container is 59floz instead of 64. Another Florida brand container was even smaller and $1 more.
Orange juice futures prices are at 9 year lows.
probably because you can't drink promises.
But we sure can and do deliver on them. 'Merica!!!
"The capital defect of America’s contrived economy is the capital itself. Namely, it’s fake. The importance of this defect cannot be overstated."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
This morning the wifey and I had a discussion on our daily-grocery cost. She said it had rose from an average of $40/day in CO to now $70/day* in HI. That's for a family of 6 with smoe with food allergies and other issues. We buy whole foods, no processed junk , no hormonally injected garbage, etc....
*I think the $70/day was an exaggeration. She's Irish and likes to "talk story." (Image)
But she's right, the cost is definitely much higher.
I distribute bread for a living. When I started in 2006 the pre-priced retail on a loaf was $2.89 today it is $4.49. 6pk bagels were $2.99 now $4.69.
though we have not had an increase in over a year.
I want a bagel now. Will need a cash advance to get one at Starbucks.
This morning the wifey and I had a discussion on our daily-grocery cost. She said it had rose from an average of $40/day in CO to now $70/day* in HI. That's for a family of 6 with smoe with food allergies and other issues. We buy whole foods, no processed junk , no hormonally injected garbage, etc....
*I think the $70/day was an exaggeration. She's Irish and likes to "talk story." (Image)
But she's right, the cost is definitely much higher.
@jmski52 said:
Car dealership wants $3,300 for a couple of gaskets. My first new car was about that much.
A 3 year old Mercedes dash flat screen went out. $4000.
I like my old cars (5) with out all the bells and whistles. CHEAP to keep and turn wrenches on.
My brake jobs are $25 , not $400 at dealer. Favorite is my 67' Ford 390. Basic engineering from a simpler time. 15 mpg is the only neg.
@blitzdude said:
100lbs of egg maker crumbles for my girls:
7/15/19 $26.80
10/21/19 $27.00
1/11/20 $28.40
Chicken feed is certainly inflating. #RealWorldProblems
Just curious:
About how many eggs do you expect to produce from 100 lbs. of egg maker crumbles?
100lbs on average lasts 3 months and we are currently getting 10-12 eggs a day. Should mention that we do mix in 50/50 scratch grains but price has remained constant at $14.00. So $28.40+$14.00=$42.40 and yields us about 75-80 dozen eggs.
The girls are young, healthy and cranking them out.
I do let them free range in the summer so they require less feed and egg production increases.
Wonderful to be self sufficient. Way better than the city dwellers hoarding rolls of mercury dimes figuring that when the shtf, they can amble down to the A&P and trade the coins for ramen noodles. Good luck with that.
And you are getting the $5 good eggs not the commercial $1.79 eggs.
Yes they are tasty and I know exactly where they came from. That's why we decided to raise them.
@Baley said:
That's a lot eggs thought blitz!
How many chickens?
Big family and friends eating them?
Selling any?
We have 13 right now. Needless to say the wife and I eat a lot of eggs and our dogs even get scrambled eggs daily. We pass off quite a few to our neighbors. Probably should start selling some to cover feed costs but never have.
@jmski52 said:
Car dealership wants $3,300 for a couple of gaskets. My first new car was about that much.
A 3 year old Mercedes dash flat screen went out. $4000.
99% of the time it is the digitizer (the screen itself). Replaced number of them in Cadillacs, screen under $100 and do it yourself videos on you tube.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
bought some dollars with less gold than it took a year ago.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Comments
A dozen years in OFR purgatory is a fate deserved by no one.
Daily newspaper of little substance jumped from $1 to $2 about a year and a half ago. Monthly subscription jumped from $10 to $30.
Guess that is what happens when Warren Buffet invests.
If it is of little substance, then maybe you dont need it. That would be a dollar saved. Would that be deflationary?
Knowledge is the enemy of fear
He only reads the obituaries tough to do that online
Now you are exploring the wonders of chained inflation. A ploy Obama era accountants used to minimize the true inflation. Once the consumer was priced out of steak, it was considered that he was ahead because he was consuming cheaper hamburger. Priced out of beef all together he further benefited by eating only cheap chicken. When those prices soared, Eighty cent per pound oatmeal was a double win as his cost per meal again dropped and his cholesterol likely did as well.
By those metrics, Sub Saharan Africa is the best place on earth to live.
I paid over $9 a bale for 2 bales of straw today. Last year it was closer to $3/bale. Damn.
I knew it would happen.
That's because straws are banned in some parts. Lol
Knowledge is the enemy of fear
Kalifornia , savin the planet one straw at a time
$5 a bale up here in gods country. Outrageous.
New chain for saw just set me back $34, made in china and probably won't last 6 months. Last one came from Sweden, cost $25 and I got almost 2 years out of it.
About the only item I'm seeing that's in deflation is collectable coins. lol
My local newspaper cost around $14/month when I moved here 6 years ago. Now it's $28. I dropped it, thinking I'll get an email to get me back in at $19 or so. I got an email...$26. No tankx.
At least I found some bales at $6.75/each the other day. Felt like a bargain after $9.00+
I knew it would happen.
Looks like Tools are going to jump in price.
100% Positive BST transactions
Maybe inflation will never again show up in gold and silver prices.
We should have bought palladium.....a commodity that is needed.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
Was at the market last week and orange juice is still $2.99 for my brand but the container is 59floz instead of 64. Another Florida brand container was even smaller and $1 more.
My Ebay Store
Orange juice futures prices are at 9 year lows.
Knowledge is the enemy of fear
Car dealership wants $3,300 for a couple of gaskets. My first new car was about that much.
I knew it would happen.
Opinions used to be 2c. Now they're worthless.
Knowledge is the enemy of fear
So you’re saying they are trying to squeeze out some more profits.........
My Ebay Store
A Charles Schulz classic
That's punny.
Or maybe trying to maintain profits in the wake of other rising costs?
Knowledge is the enemy of fear
Well opinions are free but its $80 a month for internet access to read them
probably because you can't drink promises.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I've gone low carb and don't drink orange juice now. I didn't realize it affected the whole OJ market.
I knew it would happen.
But we sure can and do deliver on them. 'Merica!!!
Knowledge is the enemy of fear
Coffee is super low now.
I guess sbux is going to cut prices.
https://m.nasdaq.com/markets/coffee.aspx?timeframe=1y
no they will need the excess to use keeping the bathrooms (mostly) needle free.
Starbucks will need to worry more about the price of bleach.
I knew it would happen.
Perpetually closed for cleaning.
The Ugly End of Globalization
"The capital defect of America’s contrived economy is the capital itself. Namely, it’s fake. The importance of this defect cannot be overstated."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Only thing more hilarious than this gobbledygook are those that condone it.
I love this place.
Knowledge is the enemy of fear
Funny this would be posted after the Dow hit 27k. 30 years before the authors prediction.
My Ebay Store
Pineapples stable?
I want a bagel now. Will need a cash advance to get one at Starbucks.
Pineapples are $1.50 each in San Diego
Liberty: Parent of Science & Industry
I got a bottle of wine for free.
Knowledge is the enemy of fear
I got an 1861 coin for free!!
A 3 year old Mercedes dash flat screen went out. $4000.
I like my old cars (5) with out all the bells and whistles. CHEAP to keep and turn wrenches on.
My brake jobs are $25 , not $400 at dealer. Favorite is my 67' Ford 390. Basic engineering from a simpler time. 15 mpg is the only neg.
100% Positive BST transactions
100lbs of egg maker crumbles for my girls:
7/15/19 $26.80
10/21/19 $27.00
1/11/20 $28.40
Chicken feed is certainly inflating. #RealWorldProblems
Just curious:
About how many eggs do you expect to produce from 100 lbs. of egg maker crumbles?
Liberty: Parent of Science & Industry
100lbs on average lasts 3 months and we are currently getting 10-12 eggs a day. Should mention that we do mix in 50/50 scratch grains but price has remained constant at $14.00. So $28.40+$14.00=$42.40 and yields us about 75-80 dozen eggs.
The girls are young, healthy and cranking them out.
I do let them free range in the summer so they require less feed and egg production increases.
Interesting! So costs are about 55 cents a dozen, plus effort. Nice!
Liberty: Parent of Science & Industry
And you are getting the $5 good eggs not the commercial $1.79 eggs.
That's a lot eggs thought blitz!
How many chickens?
Big family and friends eating them?
Selling any?
Liberty: Parent of Science & Industry
Wonderful to be self sufficient. Way better than the city dwellers hoarding rolls of mercury dimes figuring that when the shtf, they can amble down to the A&P and trade the coins for ramen noodles. Good luck with that.
Yeah, the SHTF in the USA once every few nevers these days!
Liberty: Parent of Science & Industry
Yes they are tasty and I know exactly where they came from. That's why we decided to raise them.
We have 13 right now. Needless to say the wife and I eat a lot of eggs and our dogs even get scrambled eggs daily. We pass off quite a few to our neighbors. Probably should start selling some to cover feed costs but never have.
99% of the time it is the digitizer (the screen itself). Replaced number of them in Cadillacs, screen under $100 and do it yourself videos on you tube.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
bought some dollars with less gold than it took a year ago.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Lived through the Detroit rioting in '67. Silver and gold were not worth much that week.