It's not inflation. It's price gouging.
Yeah it isn't natural at all and needs regulation on basic items to live
I don’t know, they look natural to me
Price gouging coincidentally at the same time across the entire economy, soon after an enormous increase in the monetary supply.
A---Aurora Borealis? At this time of year! At this time of day! In this part of the country! Localized entirely within your kitchen?!?
Record high prices coinciding with record high profits and plunging cost of good sold, followed by even higher prices. They are testing to see what the pain thresholds are. All that's gonna happen is that business will start to collapse as consumer spending plummets because people can barely afford to survive. Will the system autocorrect or collapse? Will the government ever enforce consumer protection laws ever again? ¯\_(ツ)_/¯
There is inflation I agree, but I think a significant percentage is from price gounging, around 30%. I saw a study detailing this that I could find and link if you want.
If you're wondering how it can happen simultaneously accross whole countries and much of the world, you can look up the concept of "price leadership."
Rose by any other name?
But yeah. It's all made up.
No, it's inflation. Too much money chasing too few goods. Caused partially by years of central banks across the world injecting new money into financial markets and partially by the massive dump of new money into the consumer economy in 2020-2022.
Too much money chasing too few goods?
Wrong. Supply is fine.
Prices are going up because people are willing to pay higher prices than they were. We still have not found a new ceiling. It's not "all the money printed by Trump" that caused a giant spike in inflation (that only played a small part). It's record profits in a variety of industries convincing anyone and everyone to charge more.
tbh both inflation numbers are hot
Small tits fan checking in.
Nah reported inflation is better. Too much inflation might drown you
It's a risk I'm willing to take.
If I learned anything from the film Weird Science it’s that anything bigger than a handful of inflation, you’re risking a sprained tongue.
The inflation report that came out today specifically omits fuel and grocery prices because those are "volatile" categories. My grocery bill is double what it was two years ago and has been for six months. I wouldn't call that volatile.
Groceries are stupid, it cost me $20 to make a lasagna that last year cost $10.
It's funny you say this, because my wife and I just made a lasagna and were shocked it cost nearly $30.
Wtf. I mean I realized how much you us people pay for food when I was there last year, but 20$ for lasagna. What's going on? I think I can easily do it under 10€,even buying "better" meat.
They didn't omit those prices. CPI and Core are two separate measurements. Core excludes food and energy.
In fact, excluding food and energy actually made the numbers worse. CPI is at 3.2% YoY. Core is at 4.7%.
Idk man ground beef is still like $3 a pound for me, milk $2.70 a gallon, pasta $1 a pound. I'm not saying some things haven't gotten more expensive because they have, but my grocery bill from 2 years ago is like 20-30% more expensive now.
I'm not sure what point you're trying to make. A 20-30% jump in a grocery bill is unprecedented in my life time. I'm skeptical it's even that low for most. Pre-pandemic, I was buying eggs for 1.39, they're 2.49 now. Jarred spaghetti sauce used to be 1.99, it's 3.49 now if I catch a sale. I used to be able to regularly buy chicken breast for like 1.49-1.99, now if it's less than 3 I buy as much as I can afford and freeze it. This time of year in my area, corn would usually be on sale 4/$1. The cheapest it's gotten is $0.79.
Just repeat ad nauseam for everything. The other day I was in the store thinking to myself, "I'm not sure I can afford convenience foods like canned beans." Canned. Fucking. Beans. The luxury.
inflation can't be that cute
My country's news say we're improving with a straight face. And I'm like "improving in what? Making the country sink more efficiently?"
The stockholders have improving profits. That’s all the media cares about. If profits go up, the media will be praising it even if inflation is killing the bottom 90%.
"It appeared that there had even been demonstrations to thank Big Brother for raising the chocolate ration to twenty grammes a week. And only yesterday, he reflected, it had been announced that the ration was to be REDUCED to twenty grammes a week. Was it possible that they could swallow that, after only twenty-four hours? Yes, they swallowed it. Parsons swallowed it easily, with the stupidity of an animal. The eyeless creature at the other table swallowed it fanatically, passionately, with a furious desire to track down, denounce, and vaporize anyone who should suggest that last week the ration had been thirty grammes. Syme, too — in some more complex way, involving doublethink, Syme swallowed it. Was he, then, ALONE in the possession of a memory?"
Literally 1984, but this time it isn't even a joke (I'm fucking scared)
I'm honestly not sure why there isn't civil unrest worldwide. People have got to be suffering mass homelessness at this point and starving. I did hear that theft from grocery stores increased but to me it's well deserved.
In some ways, the reported inflation is real. The main increase in cost is not actually real, or caused by anything except greed.
There's also a lot of hidden costs that aren't factored into inflation as strongly as they should be, or at all. Those hidden fees have also gone up.
So the entire business segment is just hand waving the whole issue because they know it will be reported wrong; they're going to keep raising prices and point to the "official" inflation numbers and continue to feed us the bullshit that inflation isn't a problem to justify never giving their employees a raise.
IDK how stupid they think we are, but I'm sure they think we're little more than retarded (I mean that in the clinical sense). They're (very publically) showing massive profit numbers, using inflation, or the lack thereof, to justify slave wages, while ripping off their users as much as they think that they can without creating riots.
More for them, less for us. As it's always been.
I wish my country's government had the testacles to cap prices on food. I order food mostly online and I compared prices from 2 years ago and most things are at least 200% more expensive, cheese for example is like 600% though.
If they cap prices on food, then you'll see food shortages instead of expensive food
How so? In my country, certain basic food items are priced capped AND rationed, meaning you're only allowed to buy a certain amount of it at a time.
> but but but muh freedum market$$
No! Worldwide, the agricultural sector is THE MOST SUBSIDISED economic field. You can't have it both ways. If taxpayers' money is used to prop up your business, you have a duty to the taxpayers and country.
Dont. Here in Hungary the commie ruling party (fidesz) capped some food prices, which lead to world recorder food inflation (47% measured), and top 3 overall inflation (36% measured). A lot of food products are 100-300% more expensive, also i cant say any product (not just food) that isnt became at least 40% more expensive. When caps lifted, there was a smaller price drop.
They also capped the fuel prices, then when they revoked the cap, the fuel became one of the most expensive from the surrounding countries.
Communist methods cause more problems than solve
Feels like everything is too expensive these days. Rent now takes more than 1/3rd of my income and I'm trying out different foods so that I can save on groceries. Hell, I don't drive anymore if I can avoid it. Shit is getting rough out here.
Well, thing is, some product categories probably aren’t suffering the same price hikes as groceries, fuel and rent. Stuff like cable and internet, clothing and office supplies are probably bringing the average down (please tell me if they’re having inflation, I pulled these categories out of my butt).
Doubt it's such a huge difference to make a significant impact
I hope we see deflation eventually... I know it's not good for the economy but no one wants to pay 100 dollars for a coke
Problem with deflation is: what do people do when theres deflation when it comes to optional expenses? Well, they may postepone them in hopes that prices go further down, this means that there’s less demand, prices go downer, businesses may start to fail, putting people in unemployment, reducing demand, and death spiral. Basically same thing as inflation death spiral but with deflation. Consumer confidence is a very delicate thing
When inflation is up the roof I doubt it's that bad
If you get normal inflation of 2%, you will never see a 100$ coke. The cumulative inflation in 100 years in "only" 700%.
The only happy inflation for me is the one in my pants. This image does it
When you thought Lemmy would be less cringe than Reddit: 🤡
I mean it is in fact a shitty post.
But can the shit still be cringe when it's shitty cringe and taken as merely cringy shit? The question of our times.
Is there a c/lost_lemmings? Because this guy would fit right in.
You just gave me a whole new perspective
Sure it's a widespread increase in the prices of goods and services, but corporate profits are up too so that makes it not inflation, for some reason. /s
Stop trying to make me feel good about inflation.
For more information, look up “breast inflation” on google
Yeah, actual inflation is good and all but actual inflation is the type of woman to have a secret cocaine addiction and a drinking problem then you catch her in bed with your neighbour so you kick her out of the house but you still let her swing by every once in a while to bang when you’re drunk enough that you probably shouldn’t be sleeping with anyone and it’s a fifty percent chance your dick will actually get hard.
thats why i prefer crypto (anime girls)
Crypto has unlimited inflation.
exactly
Any more pic of them or are they just randomers on one photo?
God amateur stuff on the internet is so so much worse than it was 5-10 years ago :(
It’s a meme, put your dick away.
In case you were wondering, this is not a normal response to seeing a picture of two women just standing there. Women existing is not an excuse to be a horny creep. Take it to a porn site.
I wasn't wondering thanks.
I was just commenting on a meme about big tits.
