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Show posts MenuQuote from: Herman on July 31, 2023, 05:35:14 PMOld Fauci will go to the grave without being held accountable for his crimes.
Quote from: Herman on May 22, 2024, 09:02:57 PMHappy Meals have become an increasingly unaffordable luxury since Biden took office.
The government uses the U.S. Bureau of Labor Statistics' Consumer Price Index to measure inflation.
For instance, when President Joe Biden took office, the year-over-year inflation rate was roughly 1.4%. CNN indicated the Biden inflation rate reached a 40-year high of 9.1% in June 2022.
Last week, the Labor Department indicated that the CPI for all urban consumers "increased by 0.3 percent in April on a seasonally adjusted basis, after rising 0.4 percent in March[.] ... Over the last 12 months, the all items index increased 3.4 percent before seasonal adjustment."
According to the BLS inflation calculator, prices generally increased by approximately 21.5% between December 2019 and March 2024, according to TheStreet.
Some consumers have apparently turned instead to fast-food prices to gauge just how much purchasing power they have lost in recent years.
FinanceBuzz has made historical price comparisons easier, contrasting fast-food menu prices in 2014 and prices in 2024 on the basis of pricing data sourced from ItsYummi.com, FastFoodMenuPrices.com, and MenuWithPrice.com, cross-referenced with restaurants' official websites.
The breakdown claimed that the price of:
the McChicken increased by 199% over the 10-year stretch, from $1.00 in 2014 to $2.99 in 2024;
the McDouble increased by 168%, from $1.19 to $3.19;
medium fries by 138%, from $1.59 to $3.79;
the Quarter Pounder with Cheese Meal by $122%, from $5.39 to $11.99;
the Oreo McFlurry by 88%, from $2.39 to $4.49;
the 10 Piece McNugget Happy Meal by 83%, from $5.99 to $10.99;
the 4 Piece McNugget Happy Meal by 67%, from $2.99 to $4.99;
the Big Mac by 50%, from $3.99 to $5.99; and
the price of a medium drink increased by 25%, from $1.29 to $1.61.
McDonald's — which has reportedly contested the figures, saying "pricing is set by individual franchisees and varies by restaurant" — is not the only restaurant suffering what some are calling "McFlation."
Popeyes Louisiana Kitchen's menu items have, on average, allegedly jumped by 86% in price since 2014. Taco Bell has reportedly seen an 81% average increase. Dining out at Chipotle Mexican Grill now, 10 years later, apparently costs 75% more.
It appears some of the more dramatic price increases have taken place over the past four years.
TheStreet indicated that the price of medium French fries at McDonald's increased by 134.1%, from $1.79 to $4.19 since 2019; the price of the McChicken increased by 201.6%, from $1.29 to $3.89; the price of the Big Mac increased by 87.7%, from $3.99 to $7.49; and price of the cheeseburger increased by 215%, from $1 to $3.15.
McDonald's CEO Chris Kempczinski told analysts in February, "I think what you're going to see as you head into 2024 is probably more attention to what I would describe as affordability," reported Fortune.
Quote from: Lokmar on May 22, 2024, 03:02:41 PMI see it like this:
Gold is real money. It's the king of metals. It also has real world industrial use
Platinum is even more rare but it isnt real money. Its value to industry is huge and its value is demand driven. It behaves the opposite of gold.
Silver is the middle ground. It is money and industrial in balanced amounts. It can and has been more easily manipulated because the money people dont value it as much as gold and the industry people are interested in keeping its price down for their bottom line.
Quote from: Lokmar on May 22, 2024, 10:56:56 AMI say the same pattern will hold. It will continue a steady climb with very short terms of stagnating. In 3 months, silver has increased about $10. No reason to think another $3 to $5 isnt likely.
Quote from: Lokmar on May 21, 2024, 12:48:04 PMjosephine, you really dont need to listen to these people although they do repackage some info decently. All year long, we've known the fed would have to cut interest eventually or the economy will shit the bed. The latest they'll do this is September because of the election benefit to biden. We also know when this happens, the dollar will devalue and metals will go up. China knows this too and is moving out of a soon to be devalued dollar. Its not rocket science.
Quote from: Lokmar on May 20, 2024, 08:51:44 PMFor me, this is a hobby that currently makes me a few bucks instead of losing/spending it like my race cars or bourbon collection. If all of it halved, not the end of the world since when the $2000 set of tires I buy for 4 days of racing is worth $0 and the empty bottle of Writers Tears is also worth $0. The racing is more fun by far. Hell, just driving the ZLE is wicked fun.
Quote from: Brent on May 20, 2024, 08:09:53 PMThis thread should have been locked long ago.
The only person that responds to any of Joe's gay spam is Lokmar. Don't ask me why.
But, I am willing to bet he will not care if this thread is locked.
Quote from: Biggie Smiles on May 20, 2024, 07:56:38 PM21 pages about that gold that joe bought?
fucking serious?
who the fuck is responding to this guy about this shit?
eh, don't tell me. I ain't going back and reading any of it anyway
Good God
Quote from: Lokmar on May 20, 2024, 04:50:04 PMSD bullion had a sale on Cucknadian Platinum Maples for weeks. That was even back when platinum spot was $950 and below.
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