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Stunning New Music and Video From Crowded House: "Teenage Summer"

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retired cynic4/13/2024 4:34:52 pm PDT

re: #2 silverdolphin

Food inflation is close to zero

And it has been for almost a year.

Food inflation is now at the same rate as it was before the pandemic. But you’d never know that from the news. Of course, being on a fixed income is what will cause a problem for many but COLA have been trying to keep up. Since 2018, cost of food is up 27% while COLA has gone up about 23%.

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Man, it sure doesn’t look that way to me. I buy basically the same things every week, year in, year out. And what used to cost $110, is now closer to $150. That meshes with the 27% since 2018, but not at 1-2% per year over that time. There is a real disconnect between those two sets of numbers. I don’t blame Biden, of course. I blame some core inflation and some corporate greed.