I cant imagine how Biden could get re elected in 2024 with madam word salad as running mate. Imagine being stuck with Kackling Kamala actually meeting with Putin or running the military? We may have actually gone past the point of no return as a country even with 18 more months of biden himself....scary

I think price inflation takes a tortuous path to equalize from the monetary inflation (money printing of the government). I bought a 2008 Chevy truck for $32k. Today the same thing would relieve me of about $90k. Thats about 300% increase. I bought a house in about 2008 for $170k. It would be about 600k presently.

This is not super accurate, but I would say between 2008 and 2023 the money is worth about 1/3 of what it was- dollar for dollar.

Not everything goes up price the same amount. There are supply and demand differences, as well as production method and raw materials usages that affect it too.

That said, I am expecting that most things will have increased in price 3x since 2008. Chipotle lunch used to be around $8, and now its twice that. Gas costs at least 3x what it cost then.

I live in vegas and off strip buffets cost about $8 for lunch. Now, there's only one off strip buffet that you can get for $16. The rest are closed or are $25-30. Sit down lunch is more like $20-25 per person.

Its just that in the end, the money has depreciated by about 2/3 due to our thieving government people just printing up more money to pay for the programs they wanted to sell us all on. We let them get away with it, so its really our fault.

The government knows exactly what it is doing, and will probably go all the way with the money printing as a way of having more power without the people seeing whats happening through bigger taxes.

We let them have way too much power over us. We can buy gold, but the government is going to confiscate that like they did in the 1930's to keep people from protecting themselves from the money printing.

This time around they will do the Central Bank Digital Currency and forbid cash, so they can determine what you can do with your "money" easily and quickly.

I feel for the young people who are going to have to live though this. Its not going to be pretty. AS was NOT really a novel- its real life at this point, and in the end revolution will wind up taking place.

Cost of groceries here compared to Europe are ridiculous. When I go to Italy, I can buy much better quality ingredients for cooking, at half the price. Recently, someone posted cost comparison of grocery prices between USA and UK. UK prices were like 1/3 what we pay here. And the products here are much lower quality. Sad.

Us fixed income folks have seen every food item go up by at least 50%. Buying the store brand is a crap shoot. Some items are worth it, some are not . For example, buying fresh broccoli is expensive, but compared to what we get for our buck, it's a better buy than frozen broccoli which has become mostly chopped up stems. Fresh produce, especially at this time, is the best bet. If we had an extra $5k we'd invest in a dehydrator. Sharing the cost would be great if anyone we know had some extra cash lying around, but there's the rub. No one we know does. With careful shopping, I've managed to keep our grocery bills from doubling. Last year a cart with my normal items ran between $90 and $120. This year that same cart averages $140 to $170.

As we all know people vote with their wallets. The dumbocrats should be scared to death of the economy. If the trend continues Trump will look like a saint.

Must be different where you are, but I can go out right now and get a pack of 8 hot dogs, a bag of 8 buns, and a 1.5 quart package of ice cream for under $6.50. Don't know what sauerkraut costs, or what your other small items were.

Talking to my ex wife a week or so ago. She isn't doing very good income wise. She was complaining about having her food stamp program being cancelled. Has to go to local " pantries". Have food stamps gone away?

This is an intentional development. Millions of chickens destroyed due to bird flu according to the CDC ( enemy of the people) Food plants going up in smoke. The supply chain disruptions. Sharp increase in fuel costs. Baby food bought by the govt to give to illegals .Bill Hates buying up hundreds of thousands of farmland acres and ending production. Food shortages predicted this summer. Let’s give more money and attention to Ukraine. Stock up folks , Nothing to see here.

I operate a small (section and a half) ranch in Texas.
Cattle prices are definitely up because everyone was selling beeves during the drought when hay was unaffordable. We were bringing hay in from a 1000 miles away, and the cost of fuel was killing us.
Also, all other feeds are up 70 to 100% from a year ago. What some ranchers are doing is selling individual young calves to families and feeding them out to 600-800 lbs. Then they take them to a butcher, and the individual customer picks it up & winds up paying, for any cut of beef, around $4.50 per lb. That cuts out distribution costs and gets around asinine FDA requirements.
If you have storage for 350 to 400 lbs of beef, or go in with others, its a win win.

Have seen the same at the stores even a simple thin pair of rubber gloves no name store name....went up $.29 paper items do up what seems like every week..hair products we need to have dirty smelling hair and now my local store sent all the goodies in the store for Pride month dedication....its all in free fall.

True. And Time-To-Market is vastly different. Chickens can be raised egg to slaughter in four months for meat birds. Pork somewhat longer (8?). It takes a good two+ years for beef - even though there's substantially more meat. And that's not taking into account the space: chickens and pork are relatively dense in comparison to the acreage needed by beef...

I think it's not only ironic but completely disingenuous that the "official" inflation numbers specifically exclude the three things most Americans spend money on: housing, fuel, and food. What a complete joke!

Two or three months ago on TV me the dino heard Jill the Pill with her doctorate in elder abuse just giddily gush how her precious Joe "has done so much" and needs to be reelected "so he can finish the job."
Actually it's that Puppet-In-Chief's Marxist handlers who want to commit the "fundamental change" Obamanation of finishing us off. Joe doesn't know what day it is.
And if you don't like all that Schiff along with all the high gas and grocery prices you need to be cancelled for being a racist riddled with every kind of "phobe" there is.

Beef supply is affected by drought in the midwest.

There was a big article about this in the Wall Street Journal. That's why beef prices are so relatively high right now.

Also, as a long term trend, expect to see beef keep getting expensive compared to chicken and pork. Chicken and pork are factory-farmed in a way beef cannot be, so the production of chicken and pork has soared compared to beef in recent decades.

Also, a few years of inflation above five percent will raise all prices notably..

we bought a small freezer, one that o can power from the batteries and solar panels i have, just in case

and a vacuum sealer

and we are doing just as you suggest, buying on sale, stocking up when possible

I've been reporting here about grocery prices for a couple of years.
I was trained by my parents to buy the grocery 'sales', to stock up when prices are down.
My freezer is always full of meat and seafood.
The 'sale' prices were affected first, if my experience is any guide.
Pork is the meat that many less-than-rich consume because beef prices were already too high for the budget.
Pork prices on sale are up over 100% in the past year. Sale prices on chicken in bulk are up almost 100%.
Sale prices on fish fillets at the low price end are up more than 200% in 18 months.
Fresh salmon on "sale" is up over 70% from last year.
Bulk bacon is not even available now at the store where I purchased it 18 months ago at $2/lb.
Most recently (6 mo.) it was $3.50/lb.
Tomatoes on sale are up 70% in the past year. The 'normal' no-sale prices is up 100%.
Onions and apples are up about 100% from last summer.
I don't buy prepared foods like hot dogs, sandwich meats, tv dinners, but frozen chicken pot pies
on sale are up about 70-100%.
Fortunately flathead catfish have been biting recently.
We hadn't caught any in past years, but this spring we have
caught several 12 to 15 lb and several about 5 to 6 lb,
plus some 2 to 4 lb channel cats.

yes
and no way this can be don on "EVs", moving food around that is

Gas cost are iimpacting prices across the board. I know what I spend on fuel but I couldn’t imagine what rig truckers must be enduring. I’m pretty sure that added cost increases pricing on everything.

look at the weather this month

the cost of groceries will be going up