Why Prices Might Never Go Back Down
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- Опубликовано: 11 май 2024
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Being able to cook is one of the single biggest skills to save money
Q
Or how about having an actual kitchen 🤔. You can cook, but where? Do you have pots and pans? Cleaning supplies?
Many people just rent a room.
They would love to cook.
Q❤
Idk. Cooking is now just as expensive if not more than eating out at a restaurant. 😢
I mean cooking still involves buying food though. Then paying for gas/eletric for your pots/pans to heat up. Water to rinse them....etc
@@Crowski not even close. I make a casserole mac n cheese with
two pounds macaroni ($2.00)
two pounds sharp cheddar ($5.00)
two cans evaporated milk ($1.80)
half a stick of butter, ($0.50)
two large pinches of flour, +breadcrumbs ($0.50)
salt, pepper, garlic, mustard, marjoram ($1.00)
and it serves over a dozen meals.
the glass casserole dish costs $20-$25, typically less than one meal eating out, and the total ingredient list can be bought for the cost of a second meal out.
then, the rest of the week (and your life) you are saving money.
Similar situation with chop suey, chili, corn chowder with sausage and potatoes, tuna casserole, shepards pie
if you want some simple recipes I got more.
@@SteveB-nx2uo I go to the store to make meatloaf.
Meat is $18.
Seasoning is $2
Eggs are $8
Milk is $4
Breadcrumbs $3
$35 to make 2 small meatloaf.. :(
I don't know where they get their figures from, but food prices have gone up unbelievably more than 2.2%. If not in price but in shrinkflation. Everything is at least 1/3 less in quantity. A medium size "chuck steak" over $19, 3-4x the price. A bag of Lays Potato Chip over $4.00 on sale, a medium size Hellman's Mayonaise over $6.00 on sale, are just a couple of items I noticed.
These prices came from a supermarket - StopandShop, during the same visit. I did not buy the chips. I did buy the mayo because I needed it. Nor, did I buy the steak. I just noticed the price. I could go on with more increasing costs.
I don't know how retired people (the backbone of this country) depending on retirement Social Security live on an average of $1,800 or less a month, full retirement benefit age and much less if they retire at 62.
Now, where do you buy YOUR food?
@@Dave-hb7lx The sub at that price in a grocery store is a come on in buy a sandwich hopefully buy some other items.
You can buy chicken on sale at a still relatively low price still. In my store a rotisserie chicken is $8.99. At my McDonalds a breakfast sausage Mcmuffin is about $3.99 each (2023). I pay about $4.50 per gallon for gas. The lowest price for regular gas is $3.49 and up in my area. I don't know about beer the prices.
We've been flirting with buying a house on some land for the last 5 years, just haven't had one that we actually offered on where the seller was willing to deal with VA. In the last 5 years our income has increased a good bit, but the price range we are looking in hasn't and yet we can't afford to even think about buying right now between the increased interest rates and the increased insurance rates, we've been entirely priced out.
Thankfully I was raised dirt floor poor by depression era survivors and know how to cook almost anything from scratch and can make and repair many things, but even still going to the grocery store is getting painful and our savings isn't increasing.
I don’t believe a thing the government says about food pricing; my same weekly grocery shop is 150% of what it was in march of 2022.
2% inf on food is bs. .97 lb was the local sale price of split chicken breasts, it 2.96 now. Produce and bakery easily double now. With quality and quantity decreased.
We need new economists...WE HAVE NO ILLISIONS...WE ARE BROKE.
If co-operative won't work organized five to ten families to group up and purchase directly from the farmers producers and suppliers.
You will eat the bugs. My politicians are telling me to vote for them that created the problem so that they can fix it.
Q
Hint: when a business goes out of business permanently. Take advantage of deflated prices.
EXAMPLE: 99 CENT ONLY STORES.
Very last day, you grab a cart. Load it up. Total cost = $10+ sales tax.
How 😂 much did you save?
Did you plan in advance?
Birthdays, graduation, Christmas 🎄 presents. How about household supplies? Beauty? Deodorant?
Alot can fit into the shopping cart for that $10.
LAST DAY OF CLOSE.
Q❤
The "inflation" has to do with the mindset of our unregulated businesses. Every quarter must be MORE profitable than the last quarter, its all greed.
I save by buying most of my groceries at aldi's. They tend to be cheaper than walmart. I only buy sale items at regular grocery stores. I shop online first and compare prices. Decide what to buy where and save lots of money doing so. Do not buy the bags at aldi's. Take an empty box off the shelf and use it. If you shop there and you do not bring your own bags or use the empty boxes then that is on you, they are perfectly happy to let you use the boxes. I traveled across the country a few years ago. Places like walmart make you buy bags in some states, even if you do not need one, you cannot check out without buying a plastic bag for 10 cents.
If you want to learn anything about prices, gas is the easiest thing to look at. Jumps up 40 cents, comes down 2 to 10 cents a week, then shoots back up. That is all based on 1)demand, which goes lower as prices go up, 2) price of oil per barrel, which is the same as in the 90s and early 2000s which based on inflation means it is even cheaper for the oil companies now, yet we pay 3 times more for a gallon of gasoline now, and it has ethanol in it, so it is not even the same amount of gas. 3) I am guessing refining the gas cost has gone up. 4) I guarantee the people at the top are making way more now than they used to, I am sure other workers are too. 5) cost to ship the fuel to locations has something to do with it. I see no good reason why gas should be 3 dollars plus now when it was 1.25 a gallon in 1999 if the barrel prices are the same. Maybe the CEOs cannot get that 20 million bonus if they dont charge 3 dollars a gallon.
I get why a lot of people need to save every penny with the bags. Personally though, I have like a bazillion, makes it even harder for them to know what's where, if someone wanted to know anyway. 🤣
To believe prices will go down without massive government spending cuts, is simply not understanding how economics work. You can have freedom, or you can have free stuff, you cannot have both at the same time.
Consumer credit card debt is at an all time high, and it is being spent on household bills and groceries.
Of course they use 2021 wage range, when companies were desperate to reopen. People aren't getting hired at those rates now, and sign on bonuses are pretty much done.
Nayib Bukele, president of El Salvador, speaks the truth on money creation and taxes. The government is funded by money printing. Paper backed with paper.
This is a bubble that will burst sooner or later. If people become aware of this charade, confidence in currency would be lost, leading to the fall of the current system.
We never eat out. I was a chef for many years so can cook and bake most anything we desire. We also hunt and fish, keep 2 freezers filled with fish and game. I even bake our own bread, and grow and can/freeze veggies. Our food bill is miniscule compared to people we know that do none of the above. 18 bucks for a Big Mac meal? Elk burger with home fries for me.
Not might. They wont go down. Working class will just continue to struggle until full population collapse. Big Corporations are just going to continue to price gouge.
$10 for a coffe that is mad just make it at home it tasts better
$ 99 chicken 1977- 1997
Stop eating out. Stop spending $ on non-necessities. Buy off-brand whenever possible
This inflation, has more to do woth devaluation of our currency.
The cost of excesive printing.
The "inflation" has to do with the mindset of our unregulated businesses. Every quarter must be MORE profitable than the last quarter.
@@SkanMLL
True to some degree and the best regulation is a competitive market.
But in this case, the excessive printing of money has devalued it. .
@@josephreilly8405 excessive money printing doesnt do anything at all to make the market less competitive. Companies like Amazon make markets less competitive because they just make a copy of whatever sells, and they know what sells because everyone buys from them. The economy was actually stimulated quite a bit from the "money printing" because the people who received the money spent the money.
Meanwhile ,you have these billionaires getting tax subsidies from local/state governments and paying virtually no taxes while their workers are on welfare because they don't pay them enough.
There is no competition in the market, they have divided it up in regions that they control (look at your cable companies or grocery chains) and anyone that starts up competition just gets bought up or priced out of the market in the short term so they can raise prices in the long term.
For prices to fall we would have to be in a deflationary situation instead of inflationary. Inflation, even 1% mean prices are still going up.
Deflation is catastrophic for Keynesian economic systems that rely on continuious growth to prevent collapse.
you can stop spending dont buy anything like extra clothes and stop going out to restaurants and stop going online for 1 week youll see a big drop if everyone does that money talks.
I agree! I also see the potential job losses from those clothing stores and restaurants, etc., and possible store/restaurant closures. It's a downward spiral, unfortunately.
Thank you Sir
As long as they see people will spend the money the prices will never come down only when inventory piles up and goes bad will food prices go down
They voted for this, and now they're complaining about the consequences ?? ...... LOL, Too late now.
I am concerned about the Social Security retirees, that trusted in the government and had no idea that their retirement was going to be destroyed by miss management and freehandedness. Plus, I'm concerned about the little they have received for their years if dedicated work compared to what our governments gives to others (hand over fist) that have given nothing, just take.
When are these recipients going to be given some financial recognition and help like everyone else is getting?
I just checked Social Securities current average monthly pay out last week - the results I gave here is what they posted.
I receive a Social Security retirement plus another retirement. I am not concerned for myself. I live in New York.
They will take as long as they can
Start a block or neighborhood food co-operative preferably thru a neighborhood DISTRICT PTA PARENT TEACHER ASSOCIATION or thru a WOMAN LEAGUERS ASSOCIATION
Our national debt is the inflation. It's become so large they're just trying to hang on. I hope I pass on before it comes apart.
Living in NY I have yet to see these high prices people speak of, except for lumber. Food prices just dropped a minimum of $0.50 an item last month.
I NEVER have seen egg prices reach $5 let alone $11, she needs to get out of Hawaii or whatever weird place she lives.
I was living in the country in Virginia and eggs at the local Food Lion grocery store definitely hit $7 for a dozen of the most basic eggs. $12 for "cage free"
What they talking about wages going up the since may 23? My wage literally hasnt changed in 3 years. TF are these jobs that actually get raises?
I'm glad I don't have a bunch of babies and bills like most people in this world that makes it hard on everyone in the house. People with no retirement,no social security,no investments nothing but work maybe till you fall over into that 6 ft hole in the ground.
People still trying to get me jealous like starting a big family is great time now. A lot of those people will probably be forced into criminal activity to make it. Great role model? 🙃
Man, looking at these graphs has me "wondering" what happened in 2020?
Why should the food prices come down? So many ppl are on food stamps. The stores charge what they want, the government gives it to the ppl for free and the working ppl pay for it all. As for gas, we need to get to work so we will pay the bill.
lowering interest rates is a horrible idea... that's just letting a bunch more people take out loans, get themselves in even more debt, make things even worse. the goal should be to get people out of debt, not put them in even more of it.
It’s called a rug pull. Lower rates, get everyone on the carpet with adjustable mortgages…. Then crank the rates and everyone looses their property.
Gas $2 to $2.50 right try $2 to $4.90
I don't know about you but I'm not paying 10$ for a cup of coffee I'm not paying 4$ either. Make it at home it's inflated but it's still better value than at starbucks etc.
Caffeine pills are way more cost-effective. 3 usd for 100 pills of 200 MG. That can last you for months or 50 days of your a heavy Caffeine user.
of course they won't go down. that's how inflation works.
Philippines
Drill baby drill.
You can talk about waste growth all you want but jobs are not hiring.
Trump 2024 If not sooner
Joe Biden is to blame period
Interest rates are below average. debt is a personal choice.
Bud light 🍺 Kellogg's 🥣 EverYone at the met gala, they F🤬ing around they going to find out. did you get your lbs refund from Walmart?🤑