Topic: Inflation

[Libertas]

How's 8.8% grab ya?!

http://www.zerohedge.com/article/not-inflation-you-are-looking?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

Yeah, I want them to let go of my short-hairs too!

All we get from the Obamakov Regime is "Nothing to see here, move along!"

 

[John Florida]

I don't need anybody telling me about inflation.Soda that was fold not too long ago for 5 twelve packs for 10 bucks is now being advertised as being on sale for 3 twelve packs for 13 bucks. Nothing to see here my ass!Thank god I'm not a soda drinker.

[charlesoakwood]

Ben Bernanke is transitory, he is sitting in the punchbowl right now he is not going to leave it.

The inflation story is like firewood stacked around Joan of Arc's feet.  It hasn't caught on fire yet, it's been wet; that's the unemployment story, but it's drying out and there's smoke.  The big story for inflation is the small cap stocks have lit up because banks have started lending there.  That's what is going to drive employment up, unemployment down, and inflation will be let out of the barn again.  This inflation story is the big story for the currencies, for the commodities, and for the economy. 


"Wages push inflation"  went out in the 1960s, that's what the Fed thinks, that's not where inflation comes from.  Inflation comes from increasing the stock of money relative to the stock of goods.  Reserves are up 17x, 1700%   since the financial crisis started.  There are now $6 dollars of bank reserves in the US for every dollar of bank reserves in the European Union, that was 1 to 1 two and a half years ago.  That's why we've got a weak dollar, that's why we've got rising metal prices and commodity prices.

_ _ _ _ _ _ John Rutledge


Another piece to a puzzle that keeps getting bigger.

[trapeze]

I don't need anybody telling me about inflation.Soda that was fold not too long ago for 5 twelve packs for 10 bucks is now being advertised as being on sale for 3 twelve packs for 13 bucks. Nothing to see here my ass!Thank god I'm not a soda drinker.

As a confirmed (and absolutely hopeless) soft drink addict I have come to terms with the rising price of ridiculously overpriced flavored water.

I drink diet soft drinks. I drink a LOT of the stuff. It's my source of caffeine. It's my coffee. One of the things that I have found to be amazing is the price charged for a 20oz (used to be 16oz) bottle, the size that you are pretty much forced to purchase at convenience stores.

My drink of choice is Coke Zero. A second choice is Diet Pepsi. Diet Dr. Pepper is good, too. But they are all priced to rip you off for what is, in all honesty, artificially flavored and colored water with a few milligrams of caffeine thrown in.

I have taken to buying 2-liter bottles when they are on sale at the grocery store. I can almost always find one of the above drinks priced for less than $1 per 2-liter. Recently as little as $0.84 each when bought in lots of 6 or more. I bought a small roll of foil faced bubble wrap sheeting from the hardware store and made my own insulated Koozy for the 2-liter bottles. Even during the summer months, this works to keep it cool for hours. It's a heck of a savings over the ridiculously priced smaller bottles or cans.

[Glock32]

Maybe it's just me, but the 2 liter bottles seem to go flat a lot faster than they used to. The 2 liter bottles used to be pretty much the only way we had soft drinks at my house, but now I get 12 pack cans because the big bottle just loses the fizz too quick.

[trapeze]

Maybe it's just me, but the 2 liter bottles seem to go flat a lot faster than they used to. The 2 liter bottles used to be pretty much the only way we had soft drinks at my house, but now I get 12 pack cans because the big bottle just loses the fizz too quick.

I guess that depends on how long it takes you to drink it. I go through the better part of one in a day. Whatever is left over usually gets pitched.

If it takes longer than that to kill one off you can pick up a special topper for the bottle like this one. It replaces the original cap. It has a trigger valve and a small hose that goes to the bottom of the bottle. The trick with using it is to NOT use the CO2 pressure to force the drink out but to rather squeeze the bottle as you hit the trigger. Also helps to keep the bottle as close to freezing as possible without actually freezing it. That will keep the CO2 in the liquid where it belongs rather than releasing it to the air.

[Sectionhand]

Cavuto was talking about this Friday in terms of the goods people purchase on a daily basis rather than the goods the government uses to establish a national average . The inflation rate among the "daily basis" goods is wildly higher than the average rate presented by the government . No surprise there !   

[Predator Don]

I drink a lot.....water, Gatorade, Powerade...and I also have a weakness for Pepsi. I buy them at Sams in the small bottles(12oz), 24 pack for around 9.25.

I won't buy them in markets anymore. Too expensive.

I sell drink products...Muscle Milk, water, Gatorade, energy drinks, etc, and i've noticed my case price, in some instances, are dollars more. I sell these products very low margin, only a small profit. I'm gonna need to raise my price because of the increased cost, in an enviroment where raising cost is difficult. I had my price low because of the economic conditions and frankly, I don't know how a public, already dollar stretched, is going to react. Sales will most likely suffer...... I'm lookin into generic products.

It's sad. We have an administration pushing us toward "alternative energy sources"....electric cars, solar, wind...But none of these "alternative energies" will reduce inflation because transporting goods and getting services rendered are run on gas, diesel, oil......and its going up, driven up by a president who admitted his energy policies will skyrocket gas.

he has no clue.....we suffer.

[Weisshaupt]

CPI is highly manipulated becuase the government can subjectively decide what is in itfrom month to month. Shadowstats  publishes the CPI based on  the methods used in 1980   - according to that measure, inflation is over 10% now,

http://www.shadowstats.com/alternate_data/inflation-charts

The old CPI methodolgy was changed because it did tend to overestimate inlfation. The CPI-U used now is so subjective hat political facotors cause it to be artifically low. -- but you can see there is a limit to the subjectivity as the two signals track pretty well - and just differ in magnitude.. The real number is usally  somewhere inbetween

[Pandora]

Maybe it's just me, but the 2 liter bottles seem to go flat a lot faster than they used to. The 2 liter bottles used to be pretty much the only way we had soft drinks at my house, but now I get 12 pack cans because the big bottle just loses the fizz too quick.

I guess that depends on how long it takes you to drink it. I go through the better part of one in a day. Whatever is left over usually gets pitched.

If it takes longer than that to kill one off you can pick up a special topper for the bottle like this one. It replaces the original cap. It has a trigger valve and a small hose that goes to the bottom of the bottle. The trick with using it is to NOT use the CO2 pressure to force the drink out but to rather squeeze the bottle as you hit the trigger. Also helps to keep the bottle as close to freezing as possible without actually freezing it. That will keep the CO2 in the liquid where it belongs rather than releasing it to the air.

There's also a nifty machine called "SodaStream" that will carbonate water (and juice, I suspect - haven't tried it yet).  There are liquid flavors for sale for it and powdered drink mix can be used as well.

Just a thought.

[John Florida]

Maybe it's just me, but the 2 liter bottles seem to go flat a lot faster than they used to. The 2 liter bottles used to be pretty much the only way we had soft drinks at my house, but now I get 12 pack cans because the big bottle just loses the fizz too quick.

 That's why I stopped buying them in any real quantity I don't drink it real fast and it was dead by the time I got to it.

[Libertas]

But the FedHead says inflation is just "transitory", don't you feel better already!

/

 

[RickZ]

Went shopping last Friday, at Macy's.  4 x 4 pack of underwear, 4 x 4 pack of white athletic socks and 2 white t's -- a total of $250, less 20% discount, for total of $200, plus another $25 on two belts (not discounted).

Underwear is becoming a luxury again.

/History hiccups.

[trapeze]

My latest innovation that goes along with the do-it-yourself 2-liter koozy mentioned above:

When I get down to the last 1/5 of the bottle I cap it and put it in the freezer. After it has frozen solid it goes back in the koozy and then I pour fresh, refrigerated soda into the bottle with the frozen chunk. Having a large soda ice cube in an insulated bottle means that I can keep it colder much longer even in the heat of the summer without that diluted taste you get from a water based ice cube. Even at full price a 2-liter is cheaper per ounce than convenience store bottles and this way it stays colder longer than anything else out there.

[RickZ]

I use a lot of black peppercorns in cooking as I hate buying ground black pepper as it goes 'flat'; on top of that, fresh cracked has so much more flavor.  I bought a 14 oz. container of whole black peppercorns about 2-1/2 to 3 years ago for $4.99; it was the Lisy brand, so I wouldn't call it a 'name' brand.  Bought the same brand this morning, same size, this time the price was $8.99, an 80% increase.  (I looked at McCormick whole peppercorns, a 2 oz. jar was $2.99, which works out to $21 for 14 oz.!  I guess $9 is still a 'bargain'.)

If you're going to store peppercorns, get 'em now before you have to get a predatory loan from your bank to buy them.