U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Voters should start mailing these receipts to Congress. Light a bonfire under their butts.

Temporary Inflation Fee is not a legitimate thing. That is a price increase disguised as a political statement. In this case, it is a 13.33% price increase and the TIF is taxed. If they need to raise prices because of inflation, then raise the prices proportionally. This way is some bullshit.

Raising the prices this way shows exactly what you're paying for. If the customer asks, point to the fact that fryer oil is 60% higher now or cheese is a 34% mark-up or any number of things. Customers have a right to know instead of the fees being 'hidden'.

+100

I'm glad a restaurant is upfront about the extra fee instead of trying to hide it with smaller portions etc.

Is there a big sign saying the prices are not the full prices? If it is part of the price then add it to the price. This doesn’t honestly show what you are paying for. Prices are not based on the cost, they are based on what people will pay. What is the markup on that $5.50 beer?

The liberal desperation to spin this as anything but the heavy increase in market costs is just fascinating to me.

- signed a Biden voter

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Voters should start mailing these receipts to Congress. Light a bonfire under their butts.

Temporary Inflation Fee is not a legitimate thing. That is a price increase disguised as a political statement. In this case, it is a 13.33% price increase and the TIF is taxed. If they need to raise prices because of inflation, then raise the prices proportionally. This way is some bullshit.

Raising the prices this way shows exactly what you're paying for. If the customer asks, point to the fact that fryer oil is 60% higher now or cheese is a 34% mark-up or any number of things. Customers have a right to know instead of the fees being 'hidden'.

+100

I'm glad a restaurant is upfront about the extra fee instead of trying to hide it with smaller portions etc.

Is there a big sign saying the prices are not the full prices? If it is part of the price then add it to the price. This doesn’t honestly show what you are paying for. Prices are not based on the cost, they are based on what people will pay. What is the markup on that $5.50 beer?

The liberal desperation to spin this as anything but the heavy increase in market costs is just fascinating to me.

- signed a Biden voter

There may be price elasticity for some items, but the flip side of that PP's argument is that a bunch of small businesses will no longer be able to continue as going concerns because their price increases cannot be borne and people's budgets can no longer accommodate those prices. This type of thing is to be expected if it part of the normal business cycle. When it's the product of bad policy choices, it stings a bit more.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Voters should start mailing these receipts to Congress. Light a bonfire under their butts.

Temporary Inflation Fee is not a legitimate thing. That is a price increase disguised as a political statement. In this case, it is a 13.33% price increase and the TIF is taxed. If they need to raise prices because of inflation, then raise the prices proportionally. This way is some bullshit.

Raising the prices this way shows exactly what you're paying for. If the customer asks, point to the fact that fryer oil is 60% higher now or cheese is a 34% mark-up or any number of things. Customers have a right to know instead of the fees being 'hidden'.

+100

I'm glad a restaurant is upfront about the extra fee instead of trying to hide it with smaller portions etc.

Is there a big sign saying the prices are not the full prices? If it is part of the price then add it to the price. This doesn’t honestly show what you are paying for. Prices are not based on the cost, they are based on what people will pay. What is the markup on that $5.50 beer?

The liberal desperation to spin this as anything but the heavy increase in market costs is just fascinating to me.

- signed a Biden voter

There may be price elasticity for some items, but the flip side of that PP's argument is that a bunch of small businesses will no longer be able to continue as going concerns because their price increases cannot be borne and people's budgets can no longer accommodate those prices. This type of thing is to be expected if it part of the normal business cycle. When it's the product of bad policy choices, it stings a bit more.

One of the companies I follow in the stock market just lost almost half their value today because their earnings report was terrible. Earnings were off by a country mile because of inflation and transportation costs. You can bet your behind that those huge cost increases are now going to be passed down onto the consumers that the company I follow sells their stuff to. Those costs will then trickle down to the average consumer on the street, because producer costs are skyrocketing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Voters should start mailing these receipts to Congress. Light a bonfire under their butts.

Temporary Inflation Fee is not a legitimate thing. That is a price increase disguised as a political statement. In this case, it is a 13.33% price increase and the TIF is taxed. If they need to raise prices because of inflation, then raise the prices proportionally. This way is some bullshit.

Raising the prices this way shows exactly what you're paying for. If the customer asks, point to the fact that fryer oil is 60% higher now or cheese is a 34% mark-up or any number of things. Customers have a right to know instead of the fees being 'hidden'.

Those both show an illegitimate, unjustifiable increase that is FAR MORE than the rate of inflation. That is greedy, opportunistic corporate price gouging. Place blame where it actually belongs.

A President ignoring price gouging in every corner in favor of…*checks notes*…cash out to parents?

The U.S. is under a national emergency legally and has been since March 2020. If anyone is caught selling PPE at inflated prices, as they were in the early days, they are prosecuted. So why isn’t the administration doing something about food?

Not sure what you think Biden should be doing about price gouging. Price gouging isn't illegal. It's shitty, and it's worsening the situation for those who are struggling for no good reason, but it isn't illegal.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Voters should start mailing these receipts to Congress. Light a bonfire under their butts.

Temporary Inflation Fee is not a legitimate thing. That is a price increase disguised as a political statement. In this case, it is a 13.33% price increase and the TIF is taxed. If they need to raise prices because of inflation, then raise the prices proportionally. This way is some bullshit.

Raising the prices this way shows exactly what you're paying for. If the customer asks, point to the fact that fryer oil is 60% higher now or cheese is a 34% mark-up or any number of things. Customers have a right to know instead of the fees being 'hidden'.

+100

I'm glad a restaurant is upfront about the extra fee instead of trying to hide it with smaller portions etc.

Is there a big sign saying the prices are not the full prices? If it is part of the price then add it to the price. This doesn’t honestly show what you are paying for. Prices are not based on the cost, they are based on what people will pay. What is the markup on that $5.50 beer?

The liberal desperation to spin this as anything but the heavy increase in market costs is just fascinating to me.

- signed a Biden voter

There may be price elasticity for some items, but the flip side of that PP's argument is that a bunch of small businesses will no longer be able to continue as going concerns because their price increases cannot be borne and people's budgets can no longer accommodate those prices. This type of thing is to be expected if it part of the normal business cycle. When it's the product of bad policy choices, it stings a bit more.

One of the companies I follow in the stock market just lost almost half their value today because their earnings report was terrible. Earnings were off by a country mile because of inflation and transportation costs. You can bet your behind that those huge cost increases are now going to be passed down onto the consumers that the company I follow sells their stuff to. Those costs will then trickle down to the average consumer on the street, because producer costs are skyrocketing.

One of the big pieces of that is prices at the gas/diesel pump. Yet per barrel cost doesn't warrant the prices being as high as they are at the pump, and you can't blame inflation when the gas companies are making record profits. One can only conclude that a big part of what's hurting people has been manufactured by corporations. Direct your anger there. Press your legislators to pass laws cracking down on price gouging.

[Anonymous]

Americans are going to destroy Dems this fall. They will remember gas prices this summer

[Anonymous]

Core CPE - the Fed's favorite measure of inflation - rang up 5.2% today, which is the single largest spike since 1983.

It appears it is only going to get worse with rents going up everywhere now, and gas going to hit $5/gallon soon. There is absolutely no relief in sight for the country. Peoples' savings are being obliterated.

[Anonymous]

Ready for $10 toothpaste?

https://www.reuters.com/business/retail-consumer/10-toothpaste-us-household-goods-makers-face-blowback-price-hikes-2022-03-01/

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Voters should start mailing these receipts to Congress. Light a bonfire under their butts.

Temporary Inflation Fee is not a legitimate thing. That is a price increase disguised as a political statement. In this case, it is a 13.33% price increase and the TIF is taxed. If they need to raise prices because of inflation, then raise the prices proportionally. This way is some bullshit.

Raising the prices this way shows exactly what you're paying for. If the customer asks, point to the fact that fryer oil is 60% higher now or cheese is a 34% mark-up or any number of things. Customers have a right to know instead of the fees being 'hidden'.

+100

I'm glad a restaurant is upfront about the extra fee instead of trying to hide it with smaller portions etc.

Is there a big sign saying the prices are not the full prices? If it is part of the price then add it to the price. This doesn’t honestly show what you are paying for. Prices are not based on the cost, they are based on what people will pay. What is the markup on that $5.50 beer?

The liberal desperation to spin this as anything but the heavy increase in market costs is just fascinating to me.

- signed a Biden voter

There may be price elasticity for some items, but the flip side of that PP's argument is that a bunch of small businesses will no longer be able to continue as going concerns because their price increases cannot be borne and people's budgets can no longer accommodate those prices. This type of thing is to be expected if it part of the normal business cycle. When it's the product of bad policy choices, it stings a bit more.

One of the companies I follow in the stock market just lost almost half their value today because their earnings report was terrible. Earnings were off by a country mile because of inflation and transportation costs. You can bet your behind that those huge cost increases are now going to be passed down onto the consumers that the company I follow sells their stuff to. Those costs will then trickle down to the average consumer on the street, because producer costs are skyrocketing.

One of the big pieces of that is prices at the gas/diesel pump. Yet per barrel cost doesn't warrant the prices being as high as they are at the pump, and you can't blame inflation when the gas companies are making record profits. One can only conclude that a big part of what's hurting people has been manufactured by corporations. Direct your anger there. Press your legislators to pass laws cracking down on price gouging.

This is absolute fantasy. First the Dems told us inflation was transient. Then Dems blamed supply chain and now they blame some opaque bad guy corporations.

Newsflash Dems: corporations do not cause the worst macro level inflation we've seen in 40+ years. The Dems will never, ever admit to the fact that massively expanding the supply of money in only 2 years, a $9,000,000,000,000 Fed balance sheet, multiple rounds of trillion dollar plus stimulus spending, and the monetization of record US debt are the true root causes of macro inflation. Of course in the Dem mind big govt spending is never, ever the problem.

Why do you think corporations have record profits? BECAUSE of the massive expansion of the supply of.money, record low interest rates for far too long, too much credit liquidity, and because of too much stimulus spending. All.of that juice boosts demand too much, which causes inflation. Companies will have record profits when the govt is injecting trillions of unnecessary stimulus into the system.

The fact that the Dems claimed inflation was transient, then due to the supply chain, and now blame corporations means they are going to get absolutely pulverized this fall.

[Anonymous]

Ooops new inflation numbers coming out in T-5 days and its looking like the Democrats no they are terrible once more!

https://thehill.com/homenews/senate/596822-democrats-frustrated-with-latest-manchin-pitch-on-build-back-better

[Anonymous]

PP, you know they already have a scapegoat

[Anonymous]

Anonymous wrote:PP, you know they already have a scapegoat

Oh yeah it’s all Vlad’s fault. I’m guessing the inflation rate is 7.6-7.8 this time.

[Anonymous]

Fun Fact: Ukraine and Russia produce 1/3rd of the wheat on earth

[Anonymous]

Anonymous wrote:Fun Fact: Ukraine and Russia produce 1/3rd of the wheat on earth

So you’re saying the already-high food prices Biden has been ignoring are about to shoot through the roof? Great.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Fun Fact: Ukraine and Russia produce 1/3rd of the wheat on earth

So you’re saying the already-high food prices Biden has been ignoring are about to shoot through the roof? Great.

Yep