latest inflation again?

[ameridaddy]

........item..............................2020........2024......% increase
gas 93 octane.........................2.479.......4.019......62
metamucil ............................19.68........28.99......47
real estate tax & insurance...3,933.......5,159..........31
car insurance..........................96...........163.........70
or-ida potato package...............3.77........ 5.60......49
hair cut...................................22..........34..........55

I've kept careful records in an accounting program for years, and I found these individual entries illuminating. Same store, same gas pump, same barber, same policy and agent, same house with no changes, same cars but older.
Tighten your belts. CPI is a damned lie.

 

[Bald1]

Illuminating or alarming !!!!! I'm 5 months we can do something about it.

 

[Rudi]

They lie about everything. There is only one way to fix this.

 

[Ματθιας]

Think this is bad, wait until more and more countries ditch the US dollar. It'll be interesting to see what happens after the BRICS+ summit in October.

 

[LoboGunLeather]

In 2020 our short-term savings were in certificate of deposit accounts earning less than 1.5% APR. Now those accounts are paying over 5%.

Mortgage loans were under 4% for those with good credit, now over 7%.

Good times for those with some cash put away, or those who run the printing presses. Not so much for most other folks.

On the other hand, I only have 5 fingers to keep counting with.

 

[CalifEd]

CPI is a damned lie.

CPI is a government statistic.
Of course it's a lie.

 

[Bekeart]

Two things that have kept up with inflation ,,,

#1 Weight

#2 Waist Line

 

[chief38]

Gee....... I CAN'T imagine who could be responsible for this..........

All we can do is urge our fellow Citizens to exercise their rights on the first Tuesday in November.

 

[Just another 22 shooter]

$34 FOR A HAIRCUT?

 

[Bekeart]

Chicago Solution

All we can do is urge our fellow Citizens to exercise their rights on the first Tuesday in November.

Vote Early and Vote Often

Bekeart

 

[GypsmJim]

Illuminating or alarming !!!!! I'm 5 months we can do something about it.

I'm afraid the "we" is the problem.

You and I for sure. It's way too many of the rest of us that make me worry.

Last November only half of the NY gun owners even bothered to go out. It turned out to be a closer call than expected. If they had gone out it would have been a landslide in our favor.

Just sayin'.

 

[kozmic]

I just paid $4.70 for 93 octane in my pick up. It was $.80 more than the regular. It used to be a dime more for 91 and 20 cents more for 93. I smell a rat in the green weenie's agenda.

 

[HOUSTON RICK]

Yes, but who cares about inflation when we are lucky enough to have kids who have been taught to question what species much less what gender they are; and our young people have been methodically taught to live off the government (ie us) rather than work themselves.

 

[jschmidt]

Capitalism. But you might have included wage inflation, which is great. Also,thrift saving is about the only way poor people have to save money. For twenty years we've been screwing them by providing free money to investors. Now, interest rates are historically normal and savings accounts are earning again. There are lots of other good things happening (like the return of manufacturing) too.

Also,the opposite of inflation is recession. Worth remembering. Personally, we're doing very well. I'll bet most of you are too.

 

[LVSteve]

Comparing gas prices in 2020 with those of today doesn't really fly. COVID depressed oil prices so gas was unusually cheap. In 2024 we are suffering with a jittery market largely due to the war in Ukraine. That pushes prices higher.

 

[glenwolde]

Politicians, of any stripe, won't be able to fix the inflation issue. They're the ones that caused it in the first place. They are dependent on spending. They can't stop. It matters not one wit which side of the aisle we're talking about.

If the Fed can't, or won't, fix it then it will eventually fix itself. The only real question is which one of those tribulations are we going to go through?

 

[SMSgt]

Wait! Fearless leader told us the economy was doing great and inflation was under control! He lied?

 

[handejector]

Anybody want some dings?

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