pull down to refresh

Did you see Trump waving Tic Tacs around? Lol. (Look it up if not...)
Last night I got Sashimi with a sushi order and it was through the roof expensive.
Made me think about real inflation and what is just bonkers expensive since the money printing of say, pre pandemic until now.
What's the funnest CPI?
  • Eggs (this is the 🐐)
  • Sashimi
  • "Nice" toothpaste, not the regular kind
  • Parking tolls
  • Pokémon Card pack
  • Bagged ice from the corner store
  • Library late fees (kidding, my local library still charges 10 cents per day)
  • Politician hush money fees? Lol.
What do you got?
61 sats \ 1 reply \ @Fabs 16 Aug
I practically live off of Heinz baked beans, and a can of beans (being virtually always €1,00 per can ever since I've started consuming them like my life depends on it) briefly hit an ATH at €1,25 per can a good 3 - 6-ish months ago (my memory tries to suppress this traumatic experience, excuse the rough estimate).
It's now steady at €1,19, meaning a freaking can of beans got 19% more expensive within a freaking year!
And don't get me started on dog food... The walk through the grocery aisles are getting more traumatic by the month.
EDIT: I think that I was thus surprised / shocked / pissed the first time I saw the price tag reading €1,25 that I sweared out loud between the aisles.
reply
Pet food can be wild
reply
41 sats \ 10 replies \ @k00b 16 Aug
Doordash fees.

  • Library late fees (kidding, my local library still charges 10 cents per day)
Austin's public libraries have stopped charging late fees:
Q: Will this change discourage returns and make it harder for me to find books? A: Studies of libraries in other communities that have eliminated late fees have found that ending late fees actually results in a higher rate of books being returned, as people are less likely to avoid the library if they are not concerned about having to pay money. That means more books in circulation for APL customers.
I wish they cited their sources but it's certainly plausible.
reply
I've heard the same thing from other library systems, too. It felt counter-intuitive at first, but I could definitely see it being true!
reply
Wait... I just envisioned a beautiful system.
Imagine if libraries worked off of V4V incentives.
Every citizen wishing to use the library pays up some Sats. If they return books on time - balance stays the same. If late, sats begin to be donated at a split to the library/other citizen library users with books out on loan. If return early... your balance is now owing some sats to you - which you can then choose to donate or hodl.
Basically like Stacker News. 😳🤯
reply
Fix the money, fix the world.
Some parallels to a deflationary money like Bitcoin is it incentivizes V4V while fiat usually feels punitive.
reply
Totally, it's thisnwhich will fix the world
reply
That's quite interesting. Game theory at play.
The thing is, at 10 cents per day... it's not really a fine at that point. A few days late is 30 cents. (face melt emoji).
reply
100 sats \ 1 reply \ @tomlaies 16 Aug
I know "doordashflation" as a buzzword for people missunderstanding what inflation is. Because Doordash was like Uber for years and years cross financed by VC to get customers hooked on it before making an actual working business out of it. Having a private taxi for a Burrito was never as cheap as it seemed because someone else payed for it.
reply
Yeah good points. Using prices to measure inflation is a vague proxy - which was sort of my point. It's all a house-of-cards built on a facade of an illusion.
My real contention is when a business raises prices roughly in-line with inflation and then the un-informed public eats up the rhetoric the government/media propaganda machine feeds them, which is: cOrPoRaTe gReEd and gOuGiNg.
reply
Lol. I switch between the food delivery apps to get the free service charges. Last I paid it was a $3 or 4 fee I think. Or something along those lines. I would guess it's creeping up to 6.99 or 7.99.
reply
Always get the deals
$9 six inch
(my most recent, and probably last, Subway sandwich)
reply
In high school, the local sub sandwich joint had a $3.95 meatball footlong special once per week.
Now you're paying more than double for half.
This math hurts my soul.
reply
I think you can still buy hot dog and a soft drink at Costco for $1.50
reply
Yes, you can. They're losing money on it. Also they've done a lot to keep that cost so low.
One of the things is that they now no longer allow non-members to buy this deal. Also, they have their own hot-dog factories, and they switched from Coke to Pepsi (Pepsi is cheaper).
reply
9 dollars at subway is unconscionable
reply
Right. But the actual unconscionable thing is all the fiat money printing.
😪😳🧐
reply
reply
I remember 5 bucks for 12 inches Maybe it was 6 bucks
I have been to subway once in the last 2 years and I remember saying to myself, I'm not coming back
reply
reply
It was "5 dollar footlong". That was their slogan in the early 2000s
reply
That's right!
Remember Quiznos?
My review: good sandwich but too expensive
reply
reply
Grocery Outlet steak prices
reply
Steak prices 🤯🙈😠
reply
I'm a big fan of chocolate chip cookies. In Spain, the package from the supermarket brand last year was €0,89, today is €1,35.
Please send me some SATs, I eat two cookies with milk every night!
reply
Cookieflation.
I'm curious to know the history of cocao commodity price.
reply
That's why my cookies are going to the moon!
reply
Almost quadrupled!
reply
This is amazing. I need this website.
reply
The price increase is caused by a cocoa supply shortage. Would that be prevented by using Bitcoin instead of fiat as currency?
reply
Do strippers still get dollar bills or do people give 5’s now? That would be a funny one. I haven’t been to a strip club in 15 years so I don’t have firsthand knowledge but it would be a funny one to use as a gauge.
reply
Could be a day where they have a QR code projected on a screen. When zaps are the standard
reply
I guess there is only one way to find out
reply
I got this from a book called The Hard-Boiled Egg Index: Surviving Zimbabwe’s Hyperinflation, by Kudzai Joseph Gumunyu. Apparently 3 hard boiled eggs in USD was used as an index.
Here's a quote:
The inflation rate was eventually incomprehensible, and the government Statistical Office stopped publishing the inflation rate. Some creative minds devised a method to track inflation and the exchange rate and termed this innovation the “Hard-Boiled Egg Index.”
It sounds extreme, but we had to calculate the exchange rate and estimate inflation, based on how much ZWD one needed to buy a hard-boiled egg over time. It was generally accepted that the purchase parity of three hard-boiled eggs in most parts of Africa was one dollar US, and therefore this became a reference point. Tracking how much the price in ZWD of three hard-boiled eggs over time would give a fair estimate of the movement in exchange rate and inflation rate.
reply
Ignore the part about Biden, focus on the price increases
Milk seems 'relatively stable'
reply
Big Mac index
Tequila seems resistant to inflation lol
reply
Margaritas for the win
reply
BMI is real!
reply