Back in 1969, two of us ate for $80 per month. If there’s been 500% inflation, that would be $400 per month for two people. I think two can still live on that.
Maybe it’s not that food prices are astronomical, but that the purchasing power of wages has declined.
Most Americans spent around 14% of their disposable income on food in 1969.
Today its around 10%, about a 20% decrease. There aren’t too many of lifes necessities that have decreased that much.
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