UNBELIEVABLE SURGE IN FOOD PRICES! And it's NEVER COMING DOWN
Unfortunately, for everyone who has been reading the inflation headlines and seeing it come down thinking that food and groceries would be getting cheaper soon, think again. The cost of food today is here to stay along with so many other items that have skyrocketed from runaway inflation.
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SHOCKING LIES Home Buyers Are Being Fed kzhead.info/sun/h9lqddGdbWWNoa8/bejne.html
Michael, I appreciate what you do. Many people are afraid right now and take it out on you…sort of like the old “don’t shoot the messenger” scenario…I’ve learned a lot from you and seen a lot of places I hadn’t. So thank you. You make a difference.
Thank you. What I have noticed in my area. Is the container has fewer ounces in it. The price point is the same, but the ounces are less. Some people have noticed eggs too have changed. What used to be called medium eggs are now called large eggs. What used to be large eggs are now extra-large eggs. I saw this before in the 70s/early 80s. They reduced the number of ounces in the cereal box, but the price was still $2.00. The dimensions of the box were the same, but the ounces were less. Then they added the verbiage to say "The contents have settled" when people questioned why the contents appeared less.
I agree. The failure for Zillow or similar platforms to offer some sort of background check is failing their own brand reputation and also nakedly showing everyone how unethical they really are when they do business.
The reason why the prices are here is because Biden has raised prices on all coal and oil products. By putting ridiculous compliance requirements for carbon capture on natural gas well its has made it cost prohibitive to drill wells. By putting down a shutdown requirement on ALL US coal plants, we have much less buffer for energy brown outs and are paying more for electricity since coal is being attacked by Biden. As you attack energy you raise the price on everything. And for food , the Haber process is used to make nitrogen fertilizer which requires natural gas production. Get RID of BIDEN and we will see price inflation start going back to normal.
Whoever says the inflation is down lives in another reality
Inflation is down but it is still positive. So prices are still going up, just slower.
Likely a Reality you pay for via taxes.
For sure.
Or they benefit somehow by saying that
Inflation was never supposed to go down or else it would be deflation 😅.
Politicians are not responsive to voters. They're responsive to their big donors. That is the crux of the problem.
Spot on!
They only acknowledge us at voting time. ,😢😢😢😢
@@lindajohnson. You mean they chat BS to get your vote, and then do the opposite!
Voters are stupid. That is the crux of the problem.
End stage capitalism has arrived
Reminds me of a grandpa joke: “when I was 20, I could carry $20 worth of groceries by myself. Now that I’m 90, I can still carry $20 worth of groceries.”
What , 90 , hell ,you get ready to go,upstairs soon 😂😂
Funny!
Crazy shit in usa, in live in europe so for crazy price increase they blame war in ukraine. What excuse they have in usa ? :D
I like that
I remember paying $5 a mcdee meal lol n that was 2003
Not only are prices increasing, but product volumes are shrinking. It’s SHRINKFLATION!💥
I'm a single man and I never really spent a lot on groceries per se yet lately every time I go shopping it is 100 bucks or more when it used to be 50/60 bucks
single people get effed in many other ways in many countries. we subsidize married couples and their children.
I hear you on that. My bank app tells me I'm spending 1,600 more for the month than before
Same here. I just eat less now. Actually being calorie deprived is good for your health and longevity.
I'm a single woman and my last trip to the grocery store cost 75 bucks for 2 bags of eggs, milk, bread, and some fresh vegetables. Absolutely ridiculous
@@Su-JoRight 😮💨
When I moved out on my own in 2014 I would get a whole cart of food for $100 to $120. Nowadays a whole cart costs $300
It’s the same in Australia. My grocery bills have gone up 100% and more in some cases. I think some prices will come down a little due to seasonal reasons but the rest, no way.
Bro a couple bags of food is $100 for me 😂 I'm so over it
It's been 10 years. That sounds like it is within expectations.
Are you buying the exact items now that used to cost $120?
@@joefuentes2977Are you picking out fresh fruit, vegetables, etc? Do you go to the meat counter to have deli sliced or to get fresh ground beef or other meats? Trying to understand your grocery buying habits.
Good point about renting a room. You have no idea what kind of person you are sharing a house with. I once rented a room from a single 62 year old man. He seemed nice enough at first. Then one day he decided to stroll around the house with his drawers off knowing I would see him. That was enough for me.
The price of everything including the rent, is too damn high!
when a superbowl ticket costs 8 grand you know we live in a insane world
😳Right.
The people who won the Superbowl were the ones who didn't watch.
Some are $50,000 a seat!!!!
Blanket boycotts on buying tickets will bring things back to reality. If someone is willing to pay silly prices for game tickets, they are not helping the situation.
@@markg6860and some will always do that
Utility bills are creeping up too!
Utility bills are up more than groceries
How about health insurance? Deductibles and premiums are out of control and I never hear anyone talking about that.
It's global energy and food crises
Yes! Re: healthcare and many places and doctors are now going to cash only services so your insurance isnt even accepted.
I almost shit when I saw my water bill this month
Politicians always say that inflation and the debt are going down, but they're really just going up at a slower rate. But no one ever calls them out on it.
Actually inflaation is an expansion of the money supply. The dollar is debt borrowed into existance owed back to the issuing central bank plus interest. You can look at the national debt clock and watch inflation being created in real time. The politicians would never admit that. They blame anything but the real cause. Themselves. This is how they transfer wealth and pic the winners and the loosers.
They're always going to spin things in a way that benefits them the most.
I live in Canada and the grocery bill has gone up about 50% from maybe 2 years ago. Can't afford steaks or bacon anymore 😂
Most items in my grocery basket have gone up 200 - 300 %. Fact.
Bidenflation.
@@s99614 FJB
a simple example, two years ago i used to buy kroger brand has brown potatoes in a 2lb bag for $1.67, today it costs $4.00 and it is 30 oz bag.... again just one example-- EVERYTHING is insanely high.. i no longer purchase half of what i used to
Your'e eating well be thankful! I am too.
@@briand2340Democrat?
Paid off house and cars, kids on their own, retired with govt. pension and some savings, wife still working, very frugal lifestyle and can still feel the bad inflation.
I’m trying to copy your retirement plan. I’m 30 years away from retirement.🤣
Agree. I still work and can barely afford rent, utilities, internet, food, and insurance. Can't afford to retire.
We are retired and feel it, too. 😢😊
@@DianaPrinceitiswhatitisOh we won't be retiring. Retirement for us, will be the funeral home.
Feeling the same pain.
Reminds me of being a kid in the 80's, listening to everyone flip out about price increases. THE PRICES NEVER WENT DOWN.
They wont this time either. Covid is past, it's not necessary to keep things inflated.
The only way prices would go down is if the national debt went down. That is your inflation. The expansion of the money supply.
@@muddyriverdogz yep and the expansion of money supply also furthers wealth divide, because the rich who own assets (houses, stocks, crypto-assets, etc ) at least get the benefit of asset appreciation to offset inflation, the poor and wage earners with no assets only get hit with inflation and pay decreases from currency being worth less.
@@dbased1915 Exactly. It does what it is designed to do.
Every time a giant tax cut is inacted this happens. See 1980's Ronnie raygun policy. Now tRump policy. Repeal tRump tax cuts and prices WILL go down!
Pay isn't up, fuel prices aren't up that much, farmers aren't getting much more for their produce. So what is causing this so-called inflation? Price gouging somewhere in the supply chain, or more likely in multiple points after it leaves the farm gate. All parts of the economic and political systems now have turned to predator mode and there is zero recourse for the public through the political or legal system.
Should be Top Comment Pinned. "It's covi- I mean Supply chai-I mean recessio- I mean Inflation, YEA! That's it.. inflation..that's what it is.. 😏 " -All major monopolized corporations in the US with the backing of an all-corrupted federal Government
Ga$/Oil prices just $hot up over 30 cents a gallon this week where I live. Here we go again.
I planted 11 fruit trees in my garden last year. Apples, apricots, peaches, cherries, plums, etc. Just around the perimeter of my garden, because I still want to be able to use it. It will be 2 or 3 years before they bear fruit, but that's not so bad. I'm really doing it mostly for fun since I could afford that stuff, but I won't mind having a bunch of free fruit.
Aren't all apples grafted clones? Or are you planting crab-apples? 🤔
@@EroticOnion23 yeah, they're grafted into different roots. This way they only grow to a bit less than 7 feet. So I will be able to pick them without a ladder. But I'm not an arborist so I don't know much more details. Other than that they're self-pollinating.
Did you use seeds from organic fruits or just regular non-organic fruits?
I planted a ground beef bush ..can't wait for spring 🌱 🐮
How about vegetables and some strategy that's nutritionally complete and you can live off of forever?
I will be retiring out of the country. The US will become extremely unaffordable in the next 5 to 10 years for the majority of Americans.
I'm exploring this as well. Do you have a country in mind?
Correct. Sell the overpriced American property and get out. It's increasingly unlivable for anyone who's not seriously rich.
Humble advice: don't move to EU countries.
Already is dude
Come to uganda 🇺🇬
Grocery prices are up 50-100% depending on the product. I remember a bottle of heavy cream being 1.99 now it's 4.99! count that
Heavy Cream is 6$ to $7 here in Cali
6 dollars for a bag of potato chips.😮
THANKS TO THE " elite " people ADORE 😢😢 !!!!
It's cheaper to buy butter...then to buy heavy cream and whip it yourself...it was always cheaper to buy the ingredients and do it yourself 😢
Shop Fiesta!! $1.49 even dollar stores
Thank you Michael. The economy is not great-it is pretty bad. I have many, many seniors here in El PasoTexas shopping early on Monday and Tuesday mornings at the grocery store. Waiting for basics such as reduced meat, bread, bagels, and packaged/frozen food to be reduced. They are paying with their retirement check-savings and having to put some items back, because it is still over their very very tight budget. A few times I will see a kind grocery manager go to the side and quietly purchase an item out of their own pocket that a senior is unable to pay for… We must take care of our own people first-not other nations.
I do not eat out.
Getting out is Price Gouging !!!! They take advantage of the Customers $$$$$$$. It's better to eat at home . I just intermittent fast 23 hours and eat one meal a day and drink water .
You needn't discuss your private life.
I don't do anything anymore. How dangerous is it out there now?
Same here
@@jeffw1267are you the chat police? 😂
Prices fluctuate, but over the long term they never come down
That's what they say about gasoline, from 2016 to 2020 the lowest prices that I can remember.
My friend lives in a small reasonably priced apartment complex. An investor bought it and gave all tenants 25 days to move out. New tenants will be voucher tenants ... - he raised rent hundreds of dollars and the government will be paying him. So the government approves of replacing dependable paying renters for those on government assistance. I've heard this is going on everywhere. In the name of preventing homelessness they are creating a new class of homeless. People who have been living there for years will not be able to afford most rent elsewhere.
Kind of smells like il =legals will be getting those apartments.
@@benton-bentonillegals don’t get section 8 housing vouchers. You need legal status for that aid.
You don’t need a social security number to apply for section 8. The politicians are making big money off of the border break down with the middle class footing the bill!😂🎉
You are absolutely correct ✅
@@AR-rn8ok In California an illegal can get housing assistance vouchers. These can pay anywhere from $5,00-$2,000 per month. If one of the occupants is a child under 14 they can also get an EBT card with another $500-$2,000 per month.
It’s not just that prices are going higher but in many cases the unit quantity sold is also going down! It’s ridiculous! It’s not enough that the item is more expensive but you get less on top of it!
It’s called Shrinkflation….
@iadoreadonai It's called corporate greed, being allowed at the hands of an ALL-corrupted federal Government and it's entirely out of control. [Not disagreeing]
Places like Aldi used to be somewhat better. I could fill up a cart, I’m talking overflowing for 120-170$. Now to do that would easily be 250-300$. Sucks man
Cut cable, magazine subscriptions, membership fees, eating out, Amazon Prime, cut your yard yourself, wear your old clothes another year, delay home improvements, don't donate, and buy only one bottle of cologne. You can cut cost when you have to. You can eat cream of wheat all week or make a big pot of spaghetti and eat off it a couple days.
Exactly
Well said
Ground beef and eggs are way healthier
In other words, just lower your standards and it will all be fine
I eat cream of wheat almost every day. It's yummy and much cheaper than most other breakfast foods are.
This guy is great he's so articulate that he spoke all that without reading anything!! Everything in his head!! And clearly!!
I also love the way they reduce the package size. Coffee used to come in 2 pound containers for example. Now it is a pound at twice the price.
The only acceptable inflation is 0%. Energy cost drives nearly everything. Technology has enabled corporate greedflation. Price fixing is illegal, but corporations simply share their data with a 3rd party service business that just happens to produce competitive pricing reports.
You will forever be upset then. There is either inflation or deflation. No in between in a free market
@Khanfuzed1 where is the deflation 😂
The target inflation rate is 2%
Some inflation is okay. With new people being born there needs to be more currency in circulation.
Biden’s war on coal and cheap gas has ruined everything. Made everything more expensive
When I hear how it is in the USA, it is actually unbelievable that it has not collapsed yet. How do you afford it?
Credit card debt. It’s in the trillions. Soon it’ll be hard to get a credit card. These companies are gonna stop handing them out when people aren’t paying.
So many people are getting by on debt right now, but that has an expiration date
Once I separated from the military where I had a roommate and ate on base, I’ve been doing my own grocery shopping since 1995 to literally fill my refrigerator. Back then I would pay less than $125 for a month’s worth of groceries and leave the store with twenty or so bags. That same amount of groceries today costs a minimum of $300. I recently paid nearly $40 dollars for two slices of salmon. That’s nearly double of what I typically pay.
Ridiculous. it's greed inflations bedfellow.
Thank You for your service, yeah its a new world now
That's ridiculous. I would never pay that much for two pieces of salmon.
If you paid nearly $40 for two slices of salmon you are contributing to the problem.
Shrinkflation, too. Prices are going up, quantity is going down.
Just saw ice cream at the store.. $.50 more close to 50ml less!
Groceries are absolutely up more than 25% in the UK and some items appoaching 50%. And they are still trying to flog these expensive and heavily depreciating BEVs.
It’s outright corporate greed. And the Democrats have proven themselves worthless to even address it. So much for them being socialists.
Are you having shrinkflation? Here the price is going up, and the size is going down.
Yes they keep the same size of packaging but the contents have been reduced in some cases. I have also noticed the reduction in quality of ready meals although the destription stays the same the same. I have gone from occasional purchase to stopping buying them altogether.@@sues3218
What is a Bev?
Battery Electric Vehicle (UK term)
I am an old country boy. The cattle farmers tell me that when beef prices go up because of the market, the beef stays at that price. Even when the market for beef goes down, the prices still stays up. So, it will never go down, according to them.
I believe it
@@MichaelBordenaro Lobbyists 💲💲💲💲💲
Ive seen grocery prices DOUBLE in the last year.
You have to wonder if supermarkets are also increasing prices because people aren't eating in restaurants or fast food places - you have to eat.
100%. They squeeze in every direction, the SECOND they are able to extort you into paying more, they do, EVERY single time.
Food prices are too damn high!
I worked for a supermarket they went up every week and never went down the energy cost made everything climb.....
When we go to the grocery store I'm shopping down to save money and we eat ground beef, chicken and some pork. But when I look at the price of some things I just look away and walk on.
Buy the larger bulk sizes and separate into single serve sizes with freezer bags. Thats what I did in the 80s when we were a poor military family. I'd buy a whole ham and take it to the deli and have them slice half into ham steaks and the other half into sandwich slices. A big package of beef turned into 6 or 7 freezer bags for 7 dinners. And of course a big bag of spaghetti and several cans of spaghetti sauce. After years of eating spaghetti my husband refused to eat spaghetti after he got out of the military.
This will encourage many people to plant their own gardens, get a couple chickens for eggs etc. I haven't been out to a bar or restaurant for the past six months and i don't miss it one bit. Less consumption of everything will make you a stronger person!
I’m in FL and a single ear of corn costs $1.50 at a store I go to. I remember 10 years ago you could get TEN ears of corn for $1.00 at the same grocery store. For some reason Floridians are getting ripped off on the corn, because over the summer we traveled to another state and paid like $1 for three ears of corn.
I remember that also. Corn used to almost be practically free. Now their prices are through the roof like everything else.
@@vickieclark5931 Yep, you’re right. I always wondered how they could sell them for 10 cents a piece, but happy they did .
@@ianmcnamee1652 Right ? Lol 😂 at least bananas are still cheap
All costs in Florida have skyrocketed. Florida isn't Florida anymore. Makes me sad. I'm politically conservative and I blame Florida woes on DeSantis. His "come on down" policies f'd everything up.
We had a small window when corn was a good price last summer and a week later the price 2x.
I dont comment much, but never miss an episode of your contents. Thank you Michael for keeping it real.
Thank you very much for being here for all of them!
I appreciate Michael that you don't have an agenda other than to inform. Actually refreshing considering the times we are living in. Keep it up!
Plant fruit trees. When I was a kid I could spend all day outside playing and I would pick apples, plums, apricots, grapes and just eat and play until grandma would call me home for dinner ❤😊
50% is the low end. A lot of stuff nearly 100% up in the last 4 years. Toronto here.
Worked on getting my container garden set up today. Hopefully finished by end of week.
Nice job!
Gardening is seductive - I've done plenty of it ovevr the years. But the cost of Inputs - the containers themselves, soil, plants, fertilizer etc. - usually means you're paying as much if not more for those Tomatoes than you would at the Supermarket. I concentrated on Herbs and small fruits - Strawberries, Raspberry Bushes - rather than trying to grow the perfect Cucumber....
@@suzannederringer1607 wow. It is a shame your experience didn't go well. This isn't my first time. It is all good. Good luck to you.
Congrats! When I was a kid, gardens were a thing. I think on the garden issue history will repeat itself.
I like raised gardens too !!
Post pandemic my family’s habits are mirroring my ‘70s/‘80s family habits. For example, eating out is a special treat, maybe once or twice a month. Spending got out of control in the 2000s, so now we look to the past for solutions. America was in a much better place in the ‘70s when debt was the exception, not the rule.
I'm old enough that my parents grew up during The Great Depression. For me growing up during the 1960's and 1970's, eating out was something done a few times per year. Mom had grown up on a farm and was an excellent cook. Vacations were spent traveling by car, camping, hiking. Even then, Mom made meals. The only time we were in a cabin or hotel, either someone was really sick or we got rained out and needed to get dried out. They bought cars new with cash and kept them until the bodies were rusting off the frame - usually around 10 years and 150,0000 miles. Dad's hobby was home improvements, which he did himself. Lawn care was taken care of by him and his sons - which meant me as my older brother was always in athletics. Debt being the exception in the 1970's - People back then were accustomed to either paying cash or writing a check, credit cards weren't so common back then. I started work in 1981 and it took a couple years before I got one. The driving reason was Vacation! which involved flying somewhere, get a rental car, and drive to a National Park. Making an airline reservation is much easier with a credit card, renting a car is impossible without one.
this is my family as well
Food prices are insane. Off the chart insane. Last week, EVER'YTHING I buy went up. Red peppers doubled in price, squash up $1.00 a pound (outrageous), my preferred organic applesauce went up $3.00 a jar. How are people with children going to live? But - the govt happens to have $60 billion MORE for Ukraine, $14 billion MORE for Israel....where's the outrage folks?
restaurant prices have gone up much more than grocery prices and tipping has become a demand rather than a reward for good service
Stop eating out. That's a luxury.
Most of A waiter/waitress' income comes from tips. The employer doesn't pay them squat. They aren't even required to pay minimum wage. Unfortunately tips aren't just a nice bonus, they are the actual income.
Other than the Great Depression, when have food prices gone down. I personally don't remember anytime they have gone down, and by extension, every other commodity.
My dad started with the food company I work for now in 1986, and have never seen price decreases, more promotions maybe but never decreases
I use to get my vegetable on a regular sale at a local grocery store. The sale price doubled! I use to always get split pea soup for a dollar, now it two dollars. I remember when I was in college I saw condo drop over 80 percent. The real estate market always tend to go down at first slow, then bottoms out as people realize that over price home will not sell!
Here in Canada butter has increased 400%! Two years ago butter was $1.99 a pound and today it's almost $8.00.
Same here in NV (usa) Seven something the last time I was at the store
Shockingly restaurants all are packed!
Exactly! And the crazies will tell you it's cheaper to eat out than cook at home (due to grocery prices) to justify it.
A plastic society subsisting off credit cards and fairy dust
I have a second job at a restaurant, people almost always pay with their credit cards, even for small amounts.
They aren't here. They are a small business, supporting their workers. They aren't at fault. Blame everyone but the reasons prices are so high.
In a lot of ways, it can be cheaper to do that than to buy your own groceries and ingredients for the same damn product. Other times, not so much.
I cashier at a Walmart in LV. Eggs are 6.00 a dozen. I see people paying for groceries on 2 and even 3 credit cards. We're boned.
Stop lying eggs are not 6
Tomatoes are crazy expensive. $3-4 for a kilogram is madness. I remember the time it was 20 cents.
Grow your own.
@@breadnaut3087 I agree. Tomatoes are one of the few veggies that are cheaper to grow yourself than to buy. Those alone will save you a lot on your groceries.
I saw a cheap creepy old man eating a tomato in my ALDI store like it was normal for him.
3.5 a pound here Manitoba that’s 8 kg 😳
@@jasonvandamme1328 what do you mean? A pound is half a kilogram lol.
I work for an appliance company, as a technician our fees went from charging $100 every hour to literally doubling overnight. We now charge $200 per hour plus $159 to drive to your home just to service your unit. Not counting parts or taxes, it was literally half the price less than a year ago.
Cheaper to junk it and buy new. Will put you and the store out of business.
I agree.
My whole life, I've cooked at home with the exception of special occasion meals out. I used to love making my weekly meal lists and shop for all the good food to make. It was on of my favorite household duties. Now, I no longer feel that excitment for trying a new recipe or even eating as much. I'm losong my love of cooking in my mid 40s only due to cost. No way should half a gallon of milk be 6.00 or gas, which has gone up .65 since 1 February. I'm so done with FJB and this administration. I could afford life prior to 2020. I'm done!
People need to revert back to the 60’s cook everything at home, maybe a pizza once a month or a fast food treat no more than twice a month… I see fools ordering with door dash all the time - great way to waste your money cause your lazy.. I would never use door dash unless I didn’t have a car… I always pick up my own pizza .. I am not paying dour dash 28 for a 12 combo meal for example… online ordering had made people extremely lazy… live smart and simple …
Agreed
It's pretty terrible here in Australia too. My mortgage repayments are up 900 month from two years ago. All my insurance is up, vehicle, home, contents, builders. Groceries are up by about 100 a week. Fortunately the only debt I have is my mortgage and student loan.
My brother lives in Perth the last 15 years...hes thinking of returning to Ireland because he cant afford prices in Australia now...and I can tell you Ireland is one of the most expensive places in the world to live now...
When I moved to Seattle decades ago, I moved into a rooming house for a year (or slightly less). I loved it, and it was cheaper. It was a lovely huge old house. There were two floors with three people in three separate bedrooms with tiny efficiency kitchens on each floor. I had a big deck overlooking Greenlake. Thanks for reminding me.
East Texas has not seen any reduction in prices. We are retired and eat at home. It costs us $150-175 a week. 😢 This is the new normal.😢
East Texas? Gross. Cultists.
unfortunately this is not new..for the last year or so, not only has the pricing gone up, but the actual amount you get has shrunk...and to add insult to injury...most manufacturers have kept the outside packaging the same!...sneaky AF
It will only get more expensive with Trump tarrifs and trade wars.
Zillow rooms for rent, I saw 2 in my neighborhood, both asking over $3200 a month for a room! I couldn't believe my eyes. I thought it was for the whole house, then I looked again, nope it was for a single room and no space in the garage, only street parking. Now one of those homes is for sale. People cannot afford their homes anymore.
Have to ask where you live? NYC?
NY? California?
must be california
Today I went food shopping. Vine ripened tomatoes 🍅. Unfortunately usually the most expensive tomatoes available. I grow tomatoes in the summer. So those are the ones I like. 3.99 a pound. I can get meat cheaper than that. Wtf!
Groceries in America are generally way cheaper than in Singapore, a very expensive city. As a single retiree here, this is what I do: 1. As I’m overweight, I’ve decided to try to just eat one meal a day. Or maximum, two. 2. Highly processed foods are to be avoided. Loads of Savings here. 3. They say no sugar and Low carbs. So, I limit myself to just 2 slices of bread. Some money saved. 4. Unprocessed food is probably cheaper. Unless you buy the really healthy type. 😀 5. I have also decided to make my cooking less tasty, so that I’ll eat less. Savings again. 6. Hope to make this a lifestyle.
you are the only man with a plan instead of a whine
@@DrSchor hahaha. Thanks. But we don’t have a choice. It’s true. Food prices won’t be coming down to 2021 levels. FED says they were trying to prevent STICKY inflation. That’s a massive fail. Prices have already inflated by a good 30%. And that 30% is stuck! So, we need to live in this new reality. Eating less saves money. And is also good for health. So, sounds like a good strategy. If I can eat 30% less, then inflation would only have a marginal effect on my food budget. 😀
Just ask your employer for a 30% pay raise. Problem solved.
Cost of labor vs cost of living...no raise :(
I was laughed at,then laid off
Biden created enough high paying job's for everyone to make windmills.😊
Work for the government. Those folk get regular increases in salary, plus having great benefits ...
I actually did that. Literally asked for a 30% raise at my IT job. "I really went to battle for you, and got you 3%, everyone else only got 2%" What a joke. Resume going out all over the place.
Same in Australia Michael, cost of living and real estate is ridiculous now.
The same in Toronto, Canada, and Florida. Maybe everywhere?
It was shocking when the $90-$110 Grocery Tab went up to $180-$200 (only rarely buying expensive items). NOW it's going up to $250 without even trying for my household with 2 people. And I'm in the Midwest, where food prices are the lowest.
My experience exactly. You said it better than I could. Ohio here.
Same thing here in MN. It's getting crazy if you want to eat actual food and not just beans/rice/ramen.
They aren’t the lowest in Illinois in lake county taxes are high
That's per week?
That’s a lot! I spend between 350-500 a month for two. In the Midwest. I cook most meals at home.
my brother lives in Dallas and as bad as it is there for cost of living he's constantly pointing out how much worse I have it in Ottawa, Canada.
No kidding, having to endure the full-time stench of politicians must be nauseating.
I wonder why they don’t count the price of food when speaking of inflation
Last week, a single, medium size yellow squash was $3.69 😳 I’ll make sure to shop around next time, and, throw a few seeds in my back yard and grow my own, or maybe a patio planter.
Well, those Monsanto-grown store bought squash won’t germinate seeds that produce food. They’re made that way.
You folks contemplating your own garden ... remember, everyone comes to the table. My fruit trees are now mature and every fruit is stolen by squirrels and other critters. You can't get rid of them.
Use a fake owl that flutters, have a dog (a lab) and use chicken wire (very cheap). Elevate crops to foil moles.
Yep, and the squirrels take one bite and move on to another fruit 🙂. Can't help but love the squirrels even though they only take one bite and ruin it for everyone else.
Squirrels are great eating.
@@georgeallen7667 if it comes to that, you can be there will be no squirrels left that's for sure.
Most prices never go down, at best they stay the same if ever.
The food industry is price gouging and needs to be held accountable....we need to stop buying a lotvof the products...and they need investigated
100% increase on goods in some cases. Pasta used to be $1 now its $2
Lays Potato Chips- $6.95 for a 3/4 filled bag…
gotta find a sale on them maybe a bogo but why waste your money on that crap buy a lb of ground meat and actually get filled up
Yep; ridiculous
10$ for a 12 pk of coke. I dont drink soda, but I think I remember it at about 2.99-3.99 not too long ago
@@carolbagwell6769 im glad i quit diebeties 😂
The bags are 1/2 full of air , with a bigger price.😢
We put a garden out ! Can everything beans corn meat . It lasts 15 months past next years garden .. make our own sauce s .. old school..
Food has become way more expensive in many countries. Curious if there will be a correction at one point. Food prices were also relatively high in the 1970s
This is why my dad told me to own a lot of Walmart stock in the 80s. They pay for all of my food now with just a fraction of the dividends.
You're right. Groceries are the big indicator of the economy for people in general.
I believe that this is really where the shortage will be. Food shortages are coming. Stock up right now. Prices are not going to come back down. Food is a necessity
you are right. its not going to get any better, i don't understand those minimalist people that only buy things right when they need them. the problem with that is , those same items can be 2-4X their original cost due to inflation if they wait around to buy them until a later time. stock up on food while its cheaper, don't wait.
The naational debt clock is inflation being created in real time and no it's not going to stop. It can't or the system collapses. Thaat is whaat we aare heaaded for.. They will have a new system reaady to roll out aand of course they will have bought up aall the assets to sell into that new system.
Why do you think Bill Gates has been buying up massive amounts of farmland! He knows what’s coming
real inflation is easy to track....follow the M2 money supply at the Fed. Since 2020, M2 is up 40%. Average new car prices went from 35k in 2020 to 49K now(40%), houses went from $300k in 2020 to $420K now(40%) groceries and fast food all way up. Insurance way up. Follow the M2 money supply as inflation is created by more new dollars chasing the same amount of goods and services.
That’s about a simple way to look at as you can get
Exactly, food prices will not come down, the best people can do is shop for bargains, and refuse to buy the products that are priced outrageously.
I live in Rhode Island. We have more panhandlers and people living in tents too. It’s scary and very sad!
Create your own garden folks. You can even do it in a 1 bedroom apartment in a city. Obviously having a backyard is easier but it's way cheaper way more healthy and you'll feel very proud to do it.
Hahaha haha. I sold my house 2 years ago - it needed more renovation than I could afford - and lost my Garden full of Herbs and Veggies and Fruits. I'm in a one bedroom apartment with a wall of big south-facing windows - but I can't see raising anything in meaningful quantities except a few pots of Herbs.
@@suzannederringer1607 sorry Im pretty slow not sure what "hahaha" means in your case. Care to explain?
Try a studio that never gets direct sunlight.
You can but you need to produce really well to make a difference.
The WEF is after your home garden.
Totally agree. Prices never come down. We are being ripped off world wide. Supermarket convenience costs!! I’m back to shopping at the butcher and greengrocer to save
I work at a grocery store. One tomato cost $3.50!!!
We are getting crushed in Canada. Good time to be an Insolvency Agent.
my brother lives in Dallas and as bad as it is there for cost of living he's constantly pointing out how much worse I have it in Ottawa,
@@user-xj5xp6qz5gI live in Calgary and things are going well. Superstore is always busy. Good restaurant still doing well.
Justin Castro must go!
I cant see food coming down either
It’s not just inflation. If people are purchasing on credit and carrying a balance that’s charging interest upon interest ad infinitum, then they’re also paying more for their purchases even without inflation…
Seems like they have carte blanc on prices, anytime any product they don’t realize that to survive,rice and beans will do it. A lot of spoiled food that’s too expensive is ending up in the trash.
24 organic pasture raised eggs for 8.99 at costco, best deal around
remember the egg crisis? Those bearly moved compared to the mass farmed ones. Hell I got em cheaper than the cheap ones on a sale.
That is a fantastic deal
Place to Go then a H Dog..🥰🥰🥰🥰 Drugs too I can get a YEARS worth Great Time Saver..😁😁😁😁😁
eggs are the worst food you can put in your body i don't how much organic they are
That food chart is way off.Lettuce cost me $1.89 thats up. Eggs cost me $2.99 at Walmart.Apples and any fruit is way up.And thats here in Arizona.Prices are higher on the east coast.
The real irony is 8 million and counting, humans want a better life in America which is bust. I wonder if Americans fleeing poverty to Central and South America will be treated with the same welcome.
I’m in Australia normal weekly shop was $350 family of 4 and now it’s around $550-$600 per week.
So if it’s a global issue, then why are we blaming local politicians for global issues?
@@AR-rn8ok it isn't co -ordinated, but all politicians - in all western nations eat at the same trough. keep big business happy, becasue they're all looking for that cushy job after politics.
@@garethwilliams4467 there’s a global labor shortage because of both wars and deaths from covid. If you want to blame someone for expensive stuff blame aggressive dictators like Putin or blame the people who mishandled the pandemic and let it spread. I’m sure on a local level some could be doing better than others but nothing is gonna stop the wave that is all the people dying other than 1. Standing up to dictators so they are discouraged from invading places like Ukraine and Israel, and Palestine and 2. Have a better plan for the next pandemic and laws that protect our health, longevity and ability to raise kids. On a local level immigration of working age people can help ease inflation if they are directed towards parts of your country with labor shortages.
Wow!😳
Will only get worse. Looking to get the hell out of here.
Where would you go outta the USA ? -Serious question
If you can retire , go to guanajuato mexico or Costa Rica, a ton of Americans , Europeans, Canadians live there
@@toddprater14 if you have money look into portugals D7 visa or the D8 if you do remote work and make enough for it. theres the obvious options like south east asia (thailand, vietnam, phillipines ). one of the easiest countries is georgia, no visa required, super cheap. to live in georgia you have one year to stay, leave the country for a few minutes and the go back for another year.
If Trump is re-elected, the first thing he will do is get our oil & gas industry revved up. That effects the cost of EVERYTHING. Some groceries will not go back down - but IMHO, some actually will. Biden shut down the fuel industry, stopped the Keystone pipeline construction, along with the extra we keep in reserve as a country - so dangerous. Joe then flew down to Venezuela to beg them to sell us their gas - & their refining methods are much worse on the environment! How does that MAKE SENSE??? Geez, I certainly don’t want to invite Trump to my weekend BBQ - but the good jobs in the oil & gas industry are so important to many American families.✌🏽😎🇺🇸
Latin America. I’m learning Spanish. It will be my 4th language. @@toddprater14
Eggs, rice and meat. All I need
Absolutely! I noticed lots of empty calories in others shopping carts.
Food prices have stabilized if you stick to the basics. I buy chicken and pork for under 2 bucks a pound. Milk and eggs are the same as they've always been. Beans and rice are still dirt cheap.
Funny, just happened to buy those three things today. And a few more (apples, bananas, milk, special dark chocolate)
I plan to raise chickens and rabbits in 3ft x 6ft pens and have a 4ft x 8 ft raised garden in the small backyard of my urban house. Thankfully, I don't drink milk, as I don't have grazing room for a cow. 😊
You gotta have dark chocolate!@@wildbikerbill6530
Inflation is the change in price going up from a current price. Inflation can go to zero, that does not mean prices come down, it means we hit a new plateau. Wages have gone up, price of materials have gone up, gasoline is up, etc. The prices are adjusting to the current normal and that is reflected in food costs. Even if everyone stops spending as was suggested in the last video, prices cannot just go down. Companies can lay off people and we can have high unemployment, which is what will happen next, but most costs cannot go down unless they are elastic to demand. Gasoline and Orange Juice are elastic. They go up with demand, many other things cannot go down because of fixed costs of which the largest component is labor. Companies have large coupons that come due this year. When they need to refi they will refi at a high price which means they cannot reduce the price of products because they have more interest to pay. The Fed cannot save us because they need to keep interest rates high as a check on congress from spending like drunk sailors. We are the ones stuck with the 33T bill that we have. The sorry fact is that things will get worse before they get better. Right now, people should start paying off their debt and live below their means. The next wave that nobody is talking about is that property taxes and income taxes will be going up. In 2025 all the Trump tax cuts will reset causing more pain across the board. The current plan for entitlement should it pass is to no longer allow contributions to 401Ks tax free. I cannot predict the future better than anyone else including the experts, but the second half of the year is going to get ugly and the employment rate will be near 6%. The next shoe to drop will be the stock market. It is juiced up right not because of 401K contributions but that will soon flatten as costs become too much and people stop contributing. There is also already a massive outflow from retiring baby boomers. The national credit card has maxed out.
All the inflation traces back to not drilling for oil !!!
Meat is a bullet here in Ohio. Deer squirrel rabbit fresh fish turtle . Just time to catch your food.. my family is odd .. but food . Is under 50 bucks a month for a family of 5..
Prices subject to general inflation go up, historically NEVER come down. Exceptions would only be trends due to availability or fashion (cultural trends). The inflation is ALWAYS here to stay, theres never been a significant period of deflation or restoration in modern history. Period.
Whatbwas inflation at during the 4 years prior to joe occupying the WH?
@@gypsygirl9 ask yourself this: were prices higher or lower at the end of the kast term than at the beginning? Thats inflation. Not some random number some halfwit quotes, but the real difference between prices over whatever period of time. Up to you if you want to believe fictional nonsense "Have a great day" lol
@@gypsygirl9 dont know, please enlighten me.