THAT’S NOT HOW IT’S SUPPOSED TO WORK

Picture taken yesterday on the Wildwood boardwalk. When this store opened a decade or so ago, everything was $1 or lower. Now only a bottle of water is $1. I’m sure these price increases are only transitory, because Jerome Powell assures me we don’t have any long-standing inflation.

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37 Comments
Abigail Adams
Abigail Adams
October 24, 2021 5:44 pm

I’m sure they just improved the quality of the food, and therefore had to raise the prices. That’s all this is.

Anonymous
Anonymous
  Abigail Adams
October 24, 2021 8:23 pm

Now that’s funny right there!

pyrrhuis
pyrrhuis
  Abigail Adams
October 25, 2021 9:09 am

And made the products in a smaller, more convenient size…How thoughtful!

clbrto
clbrto
October 24, 2021 6:20 pm

at the local Dollar Tree here in S Oregon, they ripped the sign away that says “everything a dollar!”

part of the wall came down with it, looks appropriately third world

https://www.businessinsider.com/dollar-store-officially-dead-dollar-tree-dollar-general-2021-9

clbrto
clbrto
  clbrto
October 24, 2021 6:22 pm
Anonymous
Anonymous
October 24, 2021 6:33 pm

comment image

Are we there yet?

comment image

Ken31
Ken31
  Anonymous
October 25, 2021 1:13 am

Hah! They have only sliced up the dollar one hundred ways. Now they can do the penny one hundred ways. There is nowhere to go but up! Just buy the f** dip, stupid.

Eyes Wide Shut
Eyes Wide Shut
October 24, 2021 6:47 pm

I wonder how long we’ll be able to afford the horses

Ken31
Ken31
  Eyes Wide Shut
October 25, 2021 1:14 am

I never thought I would get to the point where I would have a farm and opt to not have horses, but here I am.

GomeznSA
GomeznSA
October 24, 2021 7:02 pm

I’m guessing that the kid from the movie who was trying to collect his Two Dollars was actually a prophet. 🙁

Captain_Obviuos
Captain_Obviuos
  GomeznSA
October 24, 2021 7:34 pm

“Better Off Dead” is that classic movie, and yes, that’s two dollars —

*combs hair back*

“PLUS TIP.”

Ken31
Ken31
  Captain_Obviuos
October 25, 2021 1:16 am

That scene had always stuck out in my memory, so I thought it was funny when it eventually became a meme.

Anonymous
Anonymous
October 24, 2021 7:12 pm

Three questions:
1. How much has GDP grown per year? (say, on average, for the last 2 decades)
2. What is the Fed’s target inflation rate?
3. What is GDP measured in?

Ken31
Ken31
  Anonymous
October 25, 2021 1:17 am

My research led to my opinion that GDP is about as meaningful as unicorn farts.

hardscrabble farmer
hardscrabble farmer
October 24, 2021 7:18 pm

You know what a $10 US Eagle gold coin was worth in 1792, the first year of production? $10. You know what it was worth in 1933, the final year of production? $10.

That suggests some kind of price stability to me. We were able to maintain a standard- based on the weight of a gold coin (270 grains) and its purity (22 karats)- for 141 years. Between 1933 and 2021-88 years- the value of that same coin denominated in Federal Reserve notes (not US Dollars which can only legally be coins, issued by Congress) went from $10 to just under $800 as of tonight.

You do the math.

And as an aside, did you know that the unit of measurement for precious metals- grains– is based on the weight of a perfect grain of barley?

Everything is, at its root, based on reality, it’s when you start making things up that everything goes off the rails.

javelin
javelin
  hardscrabble farmer
October 25, 2021 7:06 am

Not nitpicking but a gold Eagle, or 1/2 ounce coin is just under $900. A Double Eagle or $20 gold piece is worth near $1800.

PS: our “Dollar Store” is now a “Five and Below”– everything is $5 or less ( same items that were a buck)

Two if by sea.
Two if by sea.
October 24, 2021 7:52 pm

People, get your horse paste in abundance right now.

GNL
GNL
  Two if by sea.
October 24, 2021 9:26 pm

Why?

Two if by Sea. Three if from Big Pharma.
Two if by Sea. Three if from Big Pharma.
  GNL
October 24, 2021 11:13 pm

Why? You`re kidding, right?

Ken31
Ken31
  Two if by Sea. Three if from Big Pharma.
October 25, 2021 1:21 am

No. Is there some particular threat we don’t know about? Are you scared of covid?

Two if by sea.
Two if by sea.
  Ken31
October 25, 2021 10:43 am

Ken31, Because of a multitude of manufactured crises that we read of on this site everyday leads me to believe that any and all concerted efforts to deny you of anything is a high probability. (Today I read of ivermectin outlawed in Australia)
They’re obviously willing to kill you and yours. Best to have med supplies on hand and in abundance.
Not afraid of corona viruses here but I do respect their right to fight to live.
Addendum; I know a lot of ppl that I’ve spoken to that haven’t got off their duff and stocked up. This was the purpose of my earliest statement.

Mygirl....maybe
Mygirl....maybe
  Two if by sea.
October 24, 2021 9:30 pm

I’m quietly grabbing all those items that disappeared from the shelves in 2020. Local Dollar Tree still has most stuff for a dollar, they had thermometers for a dollar and I grabbed five. Last year there wasn’t a thermometer to be found for under forty dollars around here. I’m wanting the old fashioned glass and mercury thermometers, no battery needed, and….seems like they don’t sell them anymore.

BL
BL
  Mygirl....maybe
October 24, 2021 9:39 pm

The KFC $5 fill up went up to $5.49 and has now gone up to $5.99 within a very short time. I’m guessing that within the next 30 days, it will rise to $6.50 and onward. I like chicken pot pie but not enough to pay more.

Mygirl....maybe
Mygirl....maybe
  BL
October 24, 2021 10:23 pm

I’m anxiously awaiting five dollar a gallon gas…

BL
BL
  Mygirl....maybe
October 24, 2021 10:49 pm

MyG- Before its over, you will think $5 per gallon gas was cheap. Have you read Rand’s, “The New Left: The Anti-Industrial Revolution”? Rand pegged gas at (can’t remember exact in Atlas either) somewhere in the neighborhood of $26 per gallon. I realize fiction is fiction but if you factor in hyper, it could be worse even than that.

Hyper will be a very bitter pill MyG.

Balbinus
Balbinus
  BL
October 24, 2021 11:57 pm

Hyper inflation would be one ugly critter. Been retired 20 years and my pension is still the same. Good thing it started out as a high end pension.

Balbinus
Balbinus
  Mygirl....maybe
October 24, 2021 11:54 pm

Amen! More reason to stay home and keep my firearms cleaned. Especially my elephant gun. You never know when the circus will loose one of their pachyderms and he might ruin my rutabaga patch with his big feet. Will have to build a new spit for that critter. Anyone know what sauce you use on elephant?

Mygirl....maybe
Mygirl....maybe
  Balbinus
October 25, 2021 1:03 am

Remember the elephant jokes? Why do ducks have flat feet? To stomp out forest fires. Why do elephants have flat feet? To stomp out flaming ducks….

ok, I’ll let myself out….

Ken31
Ken31
  Balbinus
October 25, 2021 1:23 am

My wife says there are people who want to “clone” a wooly mammoth. Lord help us all.

Mygirl....maybe
Mygirl....maybe
  Ken31
October 25, 2021 3:01 am

I hear them’s good eating…

Gregabob
Gregabob
  Mygirl....maybe
October 25, 2021 11:32 am

Skins would make some big rugs…

Gregabob
Gregabob
  Mygirl....maybe
October 25, 2021 11:31 am

Wait no more! It’s here! Gas station around the corner has premium car gas for $4.99.9 (close enuf) Meanwhile my local airport (KCCB) has Avgas (a boutique LEADED fuel) for $4.75/gal.

overthecliff
overthecliff
October 24, 2021 11:16 pm

We ain’t seen nuthin yet.

Balbinus
Balbinus
  overthecliff
October 24, 2021 11:57 pm

Unfortunately, I think you are spot on.

Ken31
Ken31
October 25, 2021 1:10 am

English in such places tends to have arbitrary and negotiable meaning.

Leah
Leah
October 25, 2021 2:35 am

If they sell a bottle of water for $1, are they doing so to prevent false advertising that the sign implies? So cludgey.

mr mittens
mr mittens
October 25, 2021 12:05 pm

an excellent nuisance lawsuit could be filed for false advertising, could make a quick few thousand in small claims court..