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Re: Forum gossip thread by formosan

Cost of living, rising inflation

Started by Gaon, March 22, 2022, 09:27:17 PM

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Anonymous

Quote from: "Dinky Dazza" post_id=474978 time=1663371201 user_id=1676
It's called shrinkflation.



It has increased exponentially.



You have to shop by weight (kilos or grams) or you're paying through the nose.

It's more common now than ever.

Frood

The price goes up abruptly while the portions or weight gets reduced in bits most won't notice.



You have to shop around hitting sales to not get bent over.
Blahhhhhh...

Anonymous

Quote from: Fashionista post_id=474980 time=1663389323 user_id=3254
Quote from: "Dinky Dazza" post_id=474978 time=1663371201 user_id=1676
It's called shrinkflation.



It has increased exponentially.



You have to shop by weight (kilos or grams) or you're paying through the nose.

It's more common now than ever.

I wouldn't say that.

Frood

Quote from: Herman post_id=474984 time=1663393971 user_id=1689
Quote from: Fashionista post_id=474980 time=1663389323 user_id=3254


It's more common now than ever.

I wouldn't say that.


It is around here.



But I do the online shopping for myself and my family down south, so I may be more aware of the tricks grocery chains are pulling under the surface.... plus I spent 8 years working for one of their DC's...



They're pretty devious....
Blahhhhhh...

Anonymous

Quote from: Herman post_id=474984 time=1663393971 user_id=1689
Quote from: Fashionista post_id=474980 time=1663389323 user_id=3254


It's more common now than ever.

I wouldn't say that.

Do you mean it's not common at all or not more common now?

Anonymous

Sen. Ron Johnson (R-Wis.) illustrated in a statement on Sept. 20 how soaring inflation has eroded Americans' purchasing power, pointing out in stark terms that $1 at the start of the Biden administration is now effectively worth just 88.3 cents.

Oliver Clotheshoffe

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FedEx announced late Thursday that it will implement the largest general rate increase (GRI) in its history in 2023.



The company announced it will increase the GRI by an average of 6.9 percent next year, which would be the largest year-over-year increase in its history.



"FedEx Express, FedEx Ground, and FedEx Home Delivery rates will increase by an average of 6.9%," the company stated. The increase will range between 6.9 percent and 7.9 percent for FedEx Freight, depending "on the customer's transportation rate scale."



Michael C. Lenz, FedEx Corp. executive vice president and chief financial officer, said, "I am confident the cost actions we're implementing with urgency will enhance efficiency and drive improved profitability in support of our long-term financial targets."



https://www.breitbart.com/economy/2022/09/23/bidenflation-fedex-announces-largest-rate-increase-history/">https://www.breitbart.com/economy/2022/ ... e-history/">https://www.breitbart.com/economy/2022/09/23/bidenflation-fedex-announces-largest-rate-increase-history/
Life is too short to be in a hurry

Anonymous

Quote from: "Oliver Clotheshoffe" post_id=475422 time=1663976532 user_id=3349
">
[/img]



FedEx announced late Thursday that it will implement the largest general rate increase (GRI) in its history in 2023.



The company announced it will increase the GRI by an average of 6.9 percent next year, which would be the largest year-over-year increase in its history.



"FedEx Express, FedEx Ground, and FedEx Home Delivery rates will increase by an average of 6.9%," the company stated. The increase will range between 6.9 percent and 7.9 percent for FedEx Freight, depending "on the customer's transportation rate scale."



Michael C. Lenz, FedEx Corp. executive vice president and chief financial officer, said, "I am confident the cost actions we're implementing with urgency will enhance efficiency and drive improved profitability in support of our long-term financial targets."



https://www.breitbart.com/economy/2022/09/23/bidenflation-fedex-announces-largest-rate-increase-history/">https://www.breitbart.com/economy/2022/ ... e-history/">https://www.breitbart.com/economy/2022/09/23/bidenflation-fedex-announces-largest-rate-increase-history/

I send gifts to other cities, but not by FedEx..



I better do it soon, their competition will follow their lead.

Frood

Quote from: Fashionista post_id=475424 time=1663976862 user_id=3254
Quote from: "Oliver Clotheshoffe" post_id=475422 time=1663976532 user_id=3349
">
[/img]



FedEx announced late Thursday that it will implement the largest general rate increase (GRI) in its history in 2023.



The company announced it will increase the GRI by an average of 6.9 percent next year, which would be the largest year-over-year increase in its history.



"FedEx Express, FedEx Ground, and FedEx Home Delivery rates will increase by an average of 6.9%," the company stated. The increase will range between 6.9 percent and 7.9 percent for FedEx Freight, depending "on the customer's transportation rate scale."



Michael C. Lenz, FedEx Corp. executive vice president and chief financial officer, said, "I am confident the cost actions we're implementing with urgency will enhance efficiency and drive improved profitability in support of our long-term financial targets."



https://www.breitbart.com/economy/2022/09/23/bidenflation-fedex-announces-largest-rate-increase-history/">https://www.breitbart.com/economy/2022/ ... e-history/">https://www.breitbart.com/economy/2022/09/23/bidenflation-fedex-announces-largest-rate-increase-history/

I send gifts to other cities, but not by FedEx..



I better do it soon, their competition will follow their lead.


Unless the gifts are heirloom seeds, water filters, LPG or butane cooking/heating implements, you'd be best served sending nothing elsewhere.
Blahhhhhh...

Anonymous

Quote from: "Dinky Dazza" post_id=475455 time=1664020868 user_id=1676
Quote from: Fashionista post_id=475424 time=1663976862 user_id=3254


I send gifts to other cities, but not by FedEx..



I better do it soon, their competition will follow their lead.


Unless the gifts are heirloom seeds, water filters, LPG or butane cooking/heating implements, you'd be best served sending nothing elsewhere.

I think they'd find those rather odd gifts.

Frood

Quote from: Fashionista post_id=475460 time=1664033896 user_id=3254
Quote from: "Dinky Dazza" post_id=475455 time=1664020868 user_id=1676




Unless the gifts are heirloom seeds, water filters, LPG or butane cooking/heating implements, you'd be best served sending nothing elsewhere.

I think they'd find those rather odd gifts.


https://i.postimg.cc/Y0ZxTkSB/20220922-184843.jpg">
Blahhhhhh...

Anonymous

Quote from: seoulbro post_id=444381 time=1648047264
Quote from: "Oliver Clotheshoffe" post_id=444380 time=1648046998 user_id=3349
">
[/img]



New data from the National Association of Home Builders finds that about three in four households in Arizona would struggle financially to purchase a median priced home in the state.



At the time of the study in February 2022, a median-valued home in the state was priced at $464,413. An Arizona household would need an annual income of $102,987 to afford that. Nearly three-quarters of households are under that annual income, estimated to be 738,906 households out of 2,846,208.



The study also shows that interest rates play a big role on who is priced out. At the current rates of about 3.5%, households need an income of just under $100,000 to buy that median-valued US home. A one-point increase in the rates change the recommended income to $108,782. A two-point increase and the necessary household income goes to $118,878.



https://www.abc15.com/news/local-news/74-of-arizona-households-are-priced-out-of-az-homes">https://www.abc15.com/news/local-news/7 ... f-az-homes">https://www.abc15.com/news/local-news/74-of-arizona-households-are-priced-out-of-az-homes

In 2011, when Stephen Harper was prime minister and Brack Obama president, the CDN dollar was worth more than the greenback. Canadians were taking advantage of bargains in states like Arizona to buy second homes.

I bought several condos then and rented them out until the market rebounded and the American dollar was higher. I made a killing.

Oerdin

I went out for dinner at a local BBQ restaurant chain here in San Diego.  The price was $94 with tax and tip included for a dinner for four.  2 of their pork spare rib special (just five little ribs, slaw, and fries), 1 cheeseburger, a quarter chicken special (1/4th of a small chicken with beans and a baked potato), an order of onion rings,, and four fountain drinks.  Prices are fucked here in California.  



A basic Burger King Whopper meal (cheeseburger, medium fries, medium drink) is $14.  The youngest is whining that I am taking him out to eat less often.

Frood

Lunch carts or containers (20 foot shipping containers converted to do greasy fry ups and offer cold drinks) in my very remote rural area atm are charging 14 bucks for a chicken burger or hamburger, and another 5 bucks for a small serve of hot chips and a can of soft drink during lunch times.



It's all pre frozen patties and frankenchicken too.... a couple of years ago, that sort of fare would go for no more than 14 bucks in total.....especially in a rural town or city.... yet the wages have been stagnate for nearly a decade.



Australian hospitality has always taken advantage of patrons when they could.... but in this fucked age, they're boxing our ears with two slices of stale Wonderbread while rubbing their crotches in our faces and calling it escargot....



I mostly cook what I want for myself now.  Fuck them.
Blahhhhhh...

Oerdin

Quote from: Edward post_id=476036 time=1664955445
Quote from: seoulbro post_id=444381 time=1648047264


In 2011, when Stephen Harper was prime minister and Brack Obama president, the CDN dollar was worth more than the greenback. Canadians were taking advantage of bargains in states like Arizona to buy second homes.

I bought several condos then and rented them out until the market rebounded and the American dollar was higher. I made a killing.


I also have three rental homes.  Well, town homes. I am hoping prices decline during the current Biden recession so I can pick up one or maybe two more.