Massive Price Drops In Stores Are Beginning To Happen

[Woodznutz]

Food that cost me over $9 bucks per item a couple weeks ago only costs $6.26. Steak hasn't gone down yet....but I'm seeing a lot of other food items that have dropped as much as 30% in the last couple of weeks.

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I was shopping in Walmart and just about everything has gone down in price here in TN.

It's not reflected in the news yet, but the reports are going to be coming out at the end of the month.

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I'm seeing cans of soup that last month were over $3 are now $1.98.

Part of that is inventories backing up. My coffee is down below the pre-inflation price, but that too is just to reduce inventory. Supply and demand still drive the markets.

 

[Woodznutz]

Or I can do precisely what I'm already doing, which doesn't involve in any way Wally World, Butterball or Safeway.

I'm going to enjoy a nice fresh turkey with all of the good trimmings and dishes made country fresh. No Great Value boxes. No Great Value cans or bottles or jars. No Great Value packets of mystery powder. None of that bottom of the barrel garbage you MAGA wingnuts are pomoting as living the high life.

Cut down on the amount of food you eat but spend the same amount but on better foods. You'll be healthier and this will reduce food prices and promote better foods. three birds with one stone.

 

[Woodznutz]

The average family of four eats too much.

 

[Natural Citizen]

Cut down on the amount of food you eat but spend the same amount but on better foods. You'll be healthier and this will reduce food prices and promote better foods. three birds with one stone.

The price aren't going up, per se.

Your purchasing power is being constantly eroded.

Your currency is worth less.

So it takes more of it to make your purchase.

I personaly eat just fine regardless. I don't tend to eat bottom of the barrel goods.

 

[Woodznutz]

The price aren't going up, per se.

Your purchasing power is being constantly eroded.

Your currency is worth less.

So it takes more of it to make your purchase.

I personaly eat just fine regardless. I don't tend to eat bottom of the barrel goods.

I eat to maintain my health and thus spend very little on food.

 

[Woodznutz]

The price aren't going up, per se.

Your purchasing power is being constantly eroded.

Your currency is worth less.

So it takes more of it to make your purchase.

I personally eat just fine regardless. I don't tend to eat bottom of the barrel goods.

Interest on savings still beats inflation, if you have enough savings. The key to beating inflation is to not buy things at inflated prices. Inventory backups will cause temporary price drops that you can take advantage of, including foods.

 

[Natural Citizen]

Interest on savings still beats inflation, if you have enough savings. The key to beating inflation is to not buy things at inflated prices. Inventory backups will cause temporary price drops that you can take advantage of, including foods.

Inflation, properly defined, is the expansion of currency and credit.

Prices are only an effect of inflation, as your purchasing power is further eroded.

And your savings are worth less. because the value of your ''dollars'' are worth less.

Inflation, the expansion of currency and credit, hurts savers by default.

This is a fundamental truth.

 

[Woodznutz]

Inflation, properly defined, is the expansion of currency and credit.

Prices are only an effect of inflation, as your purchasing power is further eroded.

And your savings are worth less. because the value of your ''dollars'' are worth less.

Inflation, the expansion of currency and credit, hurts savers by default.

This is a fundamental truth.

That depends on whether savings and investments beat inflation. If inflation is 3 percent and your saving yield 4 percent you've beat inflation by 1 percent. $1.5 million at 4 percent is $60,000 in interest. If spending on everything you buy is say, $20,000/yr. 3 percent inflation is only $600 more. So, you're ahead $59,400.

 

[Hafar1014]

Inflation, properly defined, is the expansion of currency and credit.

Prices are only an effect of inflation, as your purchasing power is further eroded.

And your savings are worth less. because the value of your ''dollars'' are worth less.

Inflation, the expansion of currency and credit, hurts savers by default.

This is a fundamental truth.

Inflation is slowing under Trump as he cuts spending. The main cause of inflation was Biden. Massive debt based spending and his war on oil were the main cause

 

[Woodznutz]

Inflation, properly defined, is the expansion of currency and credit.

Prices are only an effect of inflation, as your purchasing power is further eroded.

And your savings are worth less. because the value of your ''dollars'' are worth less.

Inflation, the expansion of currency and credit, hurts savers by default.

This is a fundamental truth.

It's a truth on paper. In the real world not so much. My coffee went from $9/bag to $12. Then as inventories backed up because of falling sales the price went down to $8/bag. I bought 4 bags. My food price increases are mitigated by falling gas prices. Other things in the CPI "basket" I don't buy.

 

[Hafar1014]

It's a truth on paper. In the real world not so much.

Its a valid longitudinal study. Today inflation is slowing. Tariffs have not raised inflation. It effects only a small number of items but as whole demand drops and prices drop. Manufacturers pay the tariffs not consumers. We dont have to buy but they have to sell. That gives us leverage. We dont buy prices come down.

 

[Woodznutz]

Its a valid longitudinal study. Today inflation is slowing. Tariffs have not raised inflation. It effects inly a small number of items but as whole demand drops and prices drop. Manufacturers pay the tariffs not consumers. e don have to buyt but they have to sell. That gives us leverage. We dont buy prices come down.

Also, interest rates are locked in on most saving, which currently are beating inflation by a half point or so. Of course, it's meaningless if you don't have savings. It also doesn't affect existing loans as they are locked in. Single people can more easily deal with high costs. Families with kids get hit hardest.

 

[Hafar1014]

Also, interest rates are locked in on most saving, which currently are beating inflation by a half point or so. Of course, it's meaningless if you don't have savings. It also doesn't affect existing loans as they are locked in. Single people can more easily deal with high costs. Families with kids get hit hardest.

Thank Biden for the increased costs. His inflation and war on oil are the cause. Trump is bringing it down. In addition tax cuts and wage increases under Trump have increased spending power. Gas is under 3.00.