NBR | Grocery Prices: Going Up? | PBS
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@anmoose I get out plenty - much in fact! I just shop wisely. I buy a gallon of 1% milk for $1.99 at a great wholesale store in our area. At Stop&Shop, there too it's still cheap. It was $2.49 for long time & just a few months ago they upped it to only $2.69. A dozen jumbo eggs at same store was only .99 & now they upped it 2 only $1.29. Again, cheap prices! So, my assertion stands. Prices have NOT gone up despite news claims & reports that economy has tanked. I think it's all a scam 2 scare us.
JixMa 2 years ago
"I just don't get it why we haven't seen prices change at all over the last year."
You apparently don't get out much. Prices have wobbled up, down, up, down. Constantly.
People plain and simply can't afford to eat. Prices go up, they stop buying food. Stores don't dare raise prices, or people stop buying. If a consumer won't pay $1 for a dozen eggs, raising the price to $1.50 isn't going to increase *anyone's* profit, because the consumer still won't buy them.
anmoose 2 years ago
The thing to be avoided is spiraling deflation. Unlikely, as too many other sectors are pegged to tightly managed inflation.
voyeurdug 2 years ago
I'm actually shocked that food prices haven't gone up since the crash last year. It's like puzzling to me if they tell us the economy is down and people are out of work and businesses are letting people go and then those people have less to spend and then they buy less and then stores sell less stuff and so need to raise their prices to make a profit. I just don't get it why we haven't seen prices change at all over the last year.
JixMa 2 years ago
If we abolished the Fed our economy would normalize.
Ohhh, don't say that!
Might be labeled a radical.
And radicals are bad.
Unless your a Communist radical.
Huh PBS.
Americanluvunit 2 years ago