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Inflation Beyond the Stars Thread for April 12


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2022 Apr 12, 12:49am   148,480 views  1,541 comments

by AmericanKulak   ➕follow (9)   💰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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1372   HeadSet   2024 Sep 4, 7:23am  

Nice cartoon, Patrick, but we are just as likely to see this:


1377   AD   2024 Sep 6, 8:59pm  

.

$1.27 a pound for chicken legs at Walmart at Front Beach Road in Panama City Beach

It was 99 cents a pound back in 2019

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1380   zzyzzx   2024 Sep 9, 8:10am  

Dominos 12" pizza:


1381   HeadSet   2024 Sep 9, 6:02pm  

zzyzzx says

Dominos 12" pizza:




Now you know how women feel about the phrase "6 inches."
1382   DOGEWontAmountToShit   2024 Sep 10, 10:48am  

Somewhere in NY City:


1383   AD   2024 Sep 10, 12:52pm  

DemocratsAreTotallyFucked says

Somewhere in NY City:


What is (and was) the starting hourly wage for the restaurant ? compare it to the Burger Deluxe price over the last 20 to 30 years

starting wage for Burger King on Thomas Drive in Panama City Beach is $15 per hour, and its about $11 total for a large Whopper Meal (large fries and large drink)

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1384   AD   2024 Sep 10, 1:00pm  

Average starting wage was around $6.00 back in 1995 in Panama City Beach (and around $5 for minimum wage set in Florida)

So the whopper meal was only 50% of hourly starting wage. It is not the case now, as it is around 75% of starting wage.

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1387   AD   2024 Sep 11, 7:10pm  

CPI reported today for month of August 2024

overall or headline CPI is 2.5%

core CPI (overall CPI minus food and gas) is 3.2%

nothing to be happy or too excited about as I think the Fed may just lower the Fed Funds rate this month from 5.5% to 5.25%

granted at CPI is trending down from 2022 levels when overall CPI reached above 8%

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1388   AD   2024 Sep 11, 11:06pm  

.

may mean more bank fees and less interest paid , or they modernize and streamline their bank operations to not pass on the labor cost increase to the clients

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1389   AD   2024 Sep 12, 4:56pm  

this will help to keep the CPI and PCE aggregate for restaurant food down

I usually order 2 of these and my wife gives me her burger since she just wants the drink , fries and McNuggets



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1390   AD   2024 Sep 12, 7:43pm  

,

Amazon is introducing a grocery brand to compete with Walmart's Great Value brand

Its call Amazon Saver

Will see how good of a deal Amazon Saver is and what products it has to offer as far as keeping grocery inflation down

I'm excited there is going to be an Aldi opening by January 2025 near me ; gives me a welcome break from going to Walmart

https://www.foxbusiness.com/lifestyle/amazon-offering-cheaper-grocery-brand-rival-target-walmart

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1391   zzyzzx   2024 Sep 13, 5:03am  

Whole foods bag got smaller:


1396   zzyzzx   2024 Sep 18, 5:11am  

Now less drink mix in each packet:


1403   zzyzzx   2024 Sep 20, 5:06am  

Another case where you open a new product, and they don't fill it up:


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