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Thread: Inflation hit my snack today

  1. #1

    Inflation hit my snack today

    There's a market near my office which has an in-house bakery. Their best deal was a baguette for $1.50 and it was at least a good 14" long.

    I went there today... a 50% increase at $2.25.

    Now, we can all afford $2.25. But they put up a notice, of which I took a photograph...

    "Dear valued customer,

    The last 12 months have brought substantial increases in commodity prices, and we can no longer hold our prices at the current levels.

    The following are examples of some increases:

    SUGAR +40%
    COCOA +36%
    CORN +97%
    BUTTER +71%
    SOYBEANS +52%
    WHEAT +58%
    COFFEE +115%

    Effective Tuesday, March 15th, we will be raising our prices to reflect these increases."

    With QE3, it'll cost $3 or $4 sometime.
    Ron Paul - America, you WILL regret not voting for him!

    KNOWLEDGE IS POWER



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  3. #2
    Yeah, I've been noticing it in my grocery bill. It's getting ridiculous. Unfortunately, most people won't notice for a while. They'll have less and less disposable income and wonder why. Maybe the death of the "Dollar Menu" at fast food places will wake people up.

  4. #3
    $1.50 is too expensive. Whole Foods has 2' ones for 99 cents.

  5. #4
    One local plumbing trade supplier has been posting a sign with the wholesale rate increase, broken down by manufacturer. It changes each month and has been ranging from an increase of 5% - 14% each month for every manufacturer. Not that there's a lot of demand for new construction but even repair parts are hit.

  6. #5
    frontload any necessary durable goods you need now before the price rises get even more out of control
    start growing food if possible

  7. #6
    Because of food costs increasing, my lunch stop had signs declaring that state sales tax would no longer be "included" and would be additional. also, my soup is really watered down....



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