Posted on 12/16/2010 6:58:21 PM PST by Mad Dawgg
For the first time since 2008, inflation is hitting consumers in the stomach.
Grocery prices grew by more than 1 1/2 times the overall rate of inflation this year, outpaced only by costs of transportation and medical care, according to numbers released Wednesday by the U.S. Bureau of Labor Statistics.
Economists predict that this is only the beginning. Fueled by the higher costs of wheat, sugar, corn, soybeans and energy, shoppers could see as much as a 4 percent increase at the supermarket checkout next year.
(Excerpt) Read more at sfgate.com ...
I was buying Christmas baking ingredients and noticed that the big bags of chocolate chips are smaller. The regular sized bags are 12 oz, right? And the big bags are supposed to be double the size of the 12 oz, right? Nope. The big bags are now 23 oz rather than 24 oz. Cheaters!
Were do you shop?
I choose multiple stores through out the month to stock up.
IMO Krogers/Fred Meyers is the biggest price gouger.
Have to be really careful but they do have the best prices on produce.
There meat/fish is crazy expensive. I just shake my head when walking by there.
We bought some of those little 99 cent Bumble Bee brand potted meat and cracker packages to take on a trip in November. Hadn’t tried them before because of the high price for such a little product but it fit in our pockets so was handy for that occasion. I noticed the first week of Dec. that they’d gone up to $1.12. What’s that, a 13% hike within a couple weeks.
When the public switches on TV then they are supporting it. Prince Al Waleed’s Fox or his ABC or his CNN are all about the same. He has even more control over at NBC/MSNBC/CNBC/Universal. The Saudis bought the white hut in 2008 and they want their money’s worth.
I used to buy a large bag of Eight O'clock coffee beans which I grind only the amount for my morning two cups. A bag lasts me a month or more. I started buying an extra bag three months ago. The last two bags I bought cost $12.95, then $13.25. Three months ago the bag I used up had cost me $11.65.
I no longer buy more than four or five perishable items per visit to the store since I'm teaching myself to use the more durable items which require more preparation but are very nutritious. Powdered eggs, powdered milk, dried veggies and canned meats. If I want milk for cereal, I make up a quart of dried to use ... by making it with boiled water still near boiling point, the powder flavor nearly disappears. It is amazing how little there is now in leftovers cluttering up the fridge, too!
On the news last night, somewhere they were taking several hundred acres of farm land (corn) and turning it into a solar panel “farm.” It didn’t even look like they had brought in the corn because it was all thrashed and laying in the soil. Talk about wasteful. Now, I’m no rocket scientist, but how is making a solar farm on the ground beneficial? Why not put the panels on top of the buildings that will be using solar power instead of taking up valuable farm land?
They grew Anasazi beans from cliff dwellings and now they have a booming market in them in Dove Creek, Co.
I live in the desert, I know how versatile nature is. One example is the poppies, they have to get just the right moisture at the right time and sometimes there are 10 years between their proliferation but those seeds are out there just waiting for the perfect weather.
“Cheaters!”
Exactly right!!!
Try to find heritage seeds instead of the cheap stuff that might not produce viable seeds for the following season. Yes, put your packets in a sealed jar and store it in a cool area like the fridge.
I’m starting to save seeds from produce that looks like it’s of quality and locally grown. Of course, whether they’ll produce is anyone’s guess but I’m not letting anything go to waste these days. It doesn’t cost any $ or time letting them dry in the window.
They’ve been doing this for many years, but I’ve noticed that the cereal boxes are really shrinking. Pretty soon you’ll get an individual size box for what a large one used to cost. Wendy’s does this too with their burgers. A Jr. Bacon feels like a feather.
Gosh, it’s almost as if we’ve read this before on FR, about once a month, for years on end.
YES!!!
I went to Burger King last week (I eat fast food maybe 3 times a year). I ordered a Whopper Jr. WOW!!! It was smaller than what the old hamburger used to be.
On the up side though, a Whopper Junior with fries is now more in line with reasonable caloric intake for one of three meals in the day. We’re getting obese in America don’tchaknow! Your nanny federal oligarchy can’t have such unhealthy living don’tchaknow.
What gets me is that nobody (read media) is saying anything about it. We are having inflation but the numbers aren’t being posted. I’ve never ever heard of zero inflation.
Where do you get the $10 coupon for diet 7up?
One difference between China and Japan is that the latter still has private property, but the urban sprawl in Japan has been either straight up, or straight in (very small domiciles), or straight out (into the former shallows). Once mechanization of agriculture takes place in China (iow, if it is permitted by the gov’t, and give or take the feasibility of it given the various families of crops), there will be some impact on rural vs urban population.
Produce: Today at the ‘cheap’ supermarket, a pound of strawberries (regular ole ‘berries, not organic or anything sexy) was $4.99. Yikes!
__________________________
That is the normal price of strawberries in December in this neck of the woods.
HAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!!!!!!!!!!!!
The once every 4 months I want Burger King, I want it to be a gut-busting, artery clogging experience.
What neck of the woods are you in?
The strawberries were $1.99 ~2 weeks ago. I suppose there is a normal raising of prices for Christmas and New Year’s, but a doubling of the price is gouging.
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