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Inflation Beyond the Stars Thread for April 12


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2022 Apr 12, 12:49am   147,495 views  1,539 comments

by AmericanKulak   ➕follow (8)   💰tip   ignore  

Since we know the numbers are going to suck since Peppermint Patty is leading the Amen Corner Media to blame Putin for it:
https://patrick.net/post/1344548/2022-04-11-putin-s-price-hike-failing-administrati

Frankly, I prefer my spaceship to have big tits and not fake inflated ones.

EDIT - numbers drop:
America goes back to the 80s: Surging gas prices and higher rents push inflation to 41-year high of 8.5% as White House blames it on Putin invading Ukraine
The consumer price index rose 8.5% in March from a year ago, the fastest increase since December 1981
Housing costs, which make up about a third of the index, have escalated and show no signs of cooling
Gasoline prices soared 49% in March from a year ago as the war in Ukraine rocked energy markets
Biden's administration tried to get ahead of the dire inflation news by blaming Russian leader Vladimir Putin
But Republicans place the blame for soaring prices on 'Democrats' reckless spending and failed policies'

https://www.dailymail.co.uk/news/article-10711311/Inflation-soars-new-41-year-high-8-5.html?source=patrick.net

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1055   HeadSet   2024 May 11, 2:36pm  

RC2006 says

Patrick says







This one has really pissed me off when doing certain repairs.

Same here. At one house I was restoring I had to go to a specialty lumberyard to get true dimensional wood.
1057   AD   2024 May 12, 11:47pm  

Patrick says

https://twitter.com/WallStreetSilv/status/1789718376849273268


Yes, its especially rigged with a Democrat in the White House.

That is why I would not be surprised if a recession just so happens right after the November election as all the economic stats reported by the federal guvmint will point to a recession.

.
1058   zzyzzx   2024 May 13, 5:40am  

AD says

That is why I would not be surprised if a recession just so happens right after the November election as all the economic stats reported by the federal guvmint will point to a recession.

Is there really any doubt in your mind?
1061   zzyzzx   2024 May 13, 6:05am  

Now you only get 1/2 slice of cheese (McDonalds):


1063   zzyzzx   2024 May 13, 6:54am  

https://www.cnbc.com/2024/05/10/mcdonalds-working-on-5-value-meal.html

McDonald’s is working to introduce a $5 value meal


1064   zzyzzx   2024 May 13, 7:23am  

Count reduced:


1065   zzyzzx   2024 May 14, 6:40am  

1/3 less:


1067   AD   2024 May 14, 2:06pm  



1068   mell   2024 May 14, 4:18pm  

zzyzzx says

https://www.cnbc.com/2024/05/10/mcdonalds-working-on-5-value-meal.html

McDonald’s is working to introduce a $5 value meal




Small fries a micky dees are so small now they're virtually non existent. It's exactly one handful for me. Why are there so many fat people?
1069   AD   2024 May 14, 9:49pm  

Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady

https://www.cnbc.com/2024/05/14/powell-says-inflation-has-been-higher-than-thought-and-expects-rates-to-hold-steady.html

"The Fed has been holding its key overnight borrowing rate in a targeted range of 5.25%-5.5%. Though the rate has been there since July, it is the highest level in some 23 years."
1070   AD   2024 May 14, 10:06pm  

McDonalds looking to increase sales and is likely to introduce a $5 meal.

A Big Mac meal (large size) costs around $11 in Panama City Beach, FL where the average starting wage for fast food workers is around $15 an hour. Servers in restaurants get around $10 an hour plus tips in Panama City Beach.

I am wondering if the Big Mac meal has always cost about 80% of the entry level hourly wage (assuming that the meal size and quality remains the same).

Or was it 50% back in the 1990s ?

*************************************

"The $5 meal deal will reportedly offer a choice of a McChicken, McDouble or four-piece chicken McNuggets with fries and a drink."

https://www.usatoday.com/story/money/food/2024/05/13/mcdonalds-5-meal-deals-affordability-pricing-earnings-calls-2024/73669665007/

,
1071   AD   2024 May 14, 11:08pm  

As far as my post above, McDonalds use to have a value meal for around $4 a couple of years ago which was a McDouble (which is essentially a small double-cheeseburger) or McChicken, with small fries and small fountain drink.
1073   AD   2024 May 17, 9:12pm  

.
Remember when it was $5 for a footlong sandwich at Subway ? I think that was about 5 years ago. Now it is $6.99 if you use a coupon :-(
.



.
1078   stereotomy   2024 May 20, 2:21pm  

I'm seeing 50% inflation in REAL food and REAL stuff. Shittastic Chindian garbage is only up 25%. Sure, my investments (inflation leading assets) are up 50% - that just means that I've gone nowhere in the past 4 years adjusted for Bidenomics.
1083   zzyzzx   2024 May 22, 5:23am  

Filled less and with more oil as filler.

1085   zzyzzx   2024 May 22, 5:30am  

Mostly empty bag:


1086   zzyzzx   2024 May 22, 5:31am  

These were expensive before all the Bidenflation:


1087   zzyzzx   2024 May 22, 5:32am  

With less cards now, and more expensive (Dollar Tree):


1089   Onvacation   2024 May 22, 8:06am  

AD says

I am wondering if the Big Mac meal has always cost about 80% of the entry level hourly wage (assuming that the meal size and quality remains the same).

Or was it 50% back in the 1990s ?

In 1970 a big mac, fries, and soda cost about $1.25. Minimum wage was $1.50.

Still about an hours work for a meal.

McDonald's was better back then.
1090   zzyzzx   2024 May 22, 9:57am  

https://www.reddit.com/r/tacobell/comments/1ctt99t/decreasing_sour_cream_serving/

Decreasing sour cream serving

I’m a Taco Bell manager, and today we got new sour cream guns. They give out at least half the amount of sour cream as before for the same price! Just wanted to let y’all know. I’m also wondering if other locations are doing this too.
1091   HeadSet   2024 May 22, 11:00am  

zzyzzx says

I’m a Taco Bell manager, and today we got new sour cream guns. They give out at least half the amount of sour cream as before for the same price!

Maybe their customer will become less obese.

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