Inflation in the US

I’m really having a hard time with prices going up, especially food. I’m not buying all the food I used to eat. But we are supposed to get a 6.8% COLA increase on our Social Security checks in January. I think prices have gone up more than that though.

The last time this happened was back in the 1970’s and early 80’s when I was a teenager and twenty something.

I live on my own without help, and it’s just my check only.

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How about the rest of the world. Do you have inflation?

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I know what you mean. I remember back in the 70’ s when I was a kid that my parents had to get creative with the meal plan and heat just to survive the terrible inflation.

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Thanks @Natron 151515

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The Belgian inflation rate is expected to be 2.9% by the end of the year (I looked it up!). Nothing to worry about. In the supermarket I don’t notice anything.

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Thanks @Jonathan2. I’m glad to hear things are okay in Belgium.

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same here… also in belgium.

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According to Google the inflation rate is 5.4% in the US, but it seems worse, especially in the grocery store.

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We’re all gonna lose weight in the USA cos of the grocery prices. I was looking at hamburger meat the other day at Aldi’s. $4.00 a pound! I bought turkey instead. Ridiculous

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Thanks @Loke. At least I know it’s not my imagination. Others see the same thing.

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Oh yeah. I definitely see it. It’s just crazy!

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This country is going downhill fast. I expect the whole world to follow too.

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Thanks @anon28145038

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gas in high.

idk, Dollar stores still seem okay.

wish I didn’t smoke.

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Yeah, inflation is happening around the world for several reasons. One is that almost every government around the world printed money out of nowhere for pandemic relief, now we are paying the price for that.

China is in a tiff with Australia and blocked coal shipments from them. China has a lot of coal powered plants. But they have said they want to reduce their carbon footprint. So now China is scouring the globe looking for energy alternatives and that is driving up energy/gas prices.

Here in Ontario, Canada gasoline is $1.40/Litre which is the highest I’ve ever seen it and I heard on the radio it is soon going up to $1.50/Litre. When the pandemic first hit and gasoline prices crashed it was only $0.69/Litre, so it has doubled. Other things like bacon prices for example have jumped up too.

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yeah but you notice,

China never goes to war.

U.S. Defense budget is out of control.

Plus we have natural disasters all the time,
and border control.

idk.

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That is true, but they haven’t had much of a capability. That is starting to change, and their behaviour could change too, they had this to say a short while ago…

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I’ve never even heard about their arsenal,

just Iran, or anywhere Middle East.

U.S. still backs Israel.

interesting U.S. states what we have,

but it’s secret everywhere else.

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Thanks @Headspark @Daze

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