Inflation - Prices are going up!

kmiklas said:
- my local pub just raised the price on a pint of Golden from
$4 to $6.
- My barber just jacked up her price from $15 to $20 for a men’s haircut
- A local lunch buffet just raised their price from $9 to $10.

I know that it’s absurd to extrapolate inflationary trends from local price increases... but... Eek!
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Confirmed. I've noticed the same thing. 50% price increases not uncommon.

View this:

http://www.deagel.com/country/forecast.aspx

You can't expect an economy based on theft and eating children to last forever.
 
Let it suffice to say that the old prices you quoted are years behind. This is not any indicator of inflation but merely a catching up to today's prices. Not sure where you are living but where I live a buffet priced at 10 dollars would most likely induce food poisoning or instant death.

kmiklas said:
- my local pub just raised the price on a pint of Golden from
$4 to $6.
- My barber just jacked up her price from $15 to $20 for a men’s haircut
- A local lunch buffet just raised their price from $9 to $10.

I know that it’s absurd to extrapolate inflationary trends from local price increases... but... Eek!
More...
 
I may take you up on that, beers on me. I might be in the Keys early next year for a 1 week fishing trip with my brother. Currently trying to figure out good boat rentals to fish offshore.

fan27 said:
Come visit in Florida. For $12 we can go to a top notch Indian food buffet. My treat :)
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Trump wants the Fed to cut rates partly because "there's no inflation".

Anyone with half a brain and not lying to promote a political agenda knows what a crock that is.

Prices are up a LOT all over, but of course the government "reworks" the inflation input items and the numbers to present whatever picture they please.

:(
 
You have been singing the same tune for years, re US, nothing other than education is going up. Phone, mobile, cable, internet bills are all coming down, subscription rates are coming down, rents in most cities are very affordable, interest on all products are as low as it gets, food baskets are not getting pricier. Not sure what you are talking about.

Scataphagos said:
Trump wants the Fed to cut rates partly because "there's no inflation".

Anyone with half a brain and not lying to promote a political agenda knows what a crock that is.

Prices are up a LOT all over, but of course the government "reworks" the inflation input items and the numbers to present whatever picture they please.

:(
More...
 
GRULSTMRNN said:
You have been singing the same tune for years, re US, nothing other than education is going up. Phone, mobile, cable, internet bills are all coming down, subscription rates are coming down, rents in most cities are very affordable, interest on all products are as low as it gets, food baskets are not getting pricier. Not sure what you are talking about.
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Lol what planet are you from????
 
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