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I'm not understanding how some of you are making it sound like this is a recent thing or because of the money handed out during Covid.
Prices have been steadily increasing for years. Just look at a "family size" box of cereal a few years ago compared to a decade ago. Corporations have been shrinking products and charging more for as long as I can remember.
There has been a steady price increase for a long time. Yes, Covid has disrupted a lot of supply chains but the only idea that everything is more expensive because they gov handed out some money this past year is ridiculous. Even if no money was handed out, we would still see a price increase for many products simply due to the pandemic and nothing else.
But besides lumber and household goods, my life hasn't changed that much. I just bought a screaming laptop for $500. I helped a friend order a set of tires a few weeks ago that were exactly the same price she paid 3 years ago. My girlfriend will spend $200 at clothing companies like H&M, Shein, Zara, Uniqlo, etc.. and end up with 5 pairs of pants and like 10 tops. My cell phone can do 10X the amount my last one can do I'm paying less for it.
The most I'm affected by is used car prices and rent. But can you blame that on the FSA types or just simple capitalism? If I'm paying $1800 for rent on my one bedroom (my current rent) and my apartment complex with 500 units is stil 95%+ occupied, then it's obviously a price consumers are willing to pay. It sucks but that's life.
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LoL. People always tell themselves shit like this. “It’s not so bad..I can still buy a bus fare for 10 Reich marks!
That’s why inflation is so insidious. After a few more years, you’ll be asking “How did we get here?..How did this happen?”
- I was going to post graphs of the post Covid money creation/money supply, but if you cared, you’d have seen them already. Suffice to say: Free money ain’t free.
Did you enjoy your Stimmy Checks? What did you buy?