What Insane/Crazy Price did You Pay Today?

[MossRoad]

Was in one of my local $1.25 Trees last week. Sign on the door said they were out of helium, so couldn't fill balloons. No word on when, or if, they would get more.

Bummer.

 

[MossRoad]

 

[MossRoad]

 

[ultrarunner]

Dollar tree helium balloons were a buck until a couple months ago. Now, like most stuff in the store, have gone up to $1.25. Still a bargain.

Chain Grocery store $9 Happy Birthday Balloon... Dollar Store $1.25 and still floating since mid March!

 

[2manyrocks]

$48 for a flat of ripe, red, delicious, farm grown strawberries.

 

[rcio7684]

LOL, great question. I don't know why so many guys here (and frankly all across this country) spend so much energy hating politicians for things that they have no control over. The sad truth is because they are brainwashed into partisan tribalism, convinced that the "other team" is whats wrong with America. When really the global elite are what are crushing all of us.

Well said as the politicians are the mouthpieces of the elite and do their bidding. Since inflation is primarily a currency creation situation, where excessive Dollars, Pounds, Euros etc. are created out of thin air, unbacked by anything tangible, by privately owned (global elite) central banks (ie. the Fed), it dilutes the value of said currency. Every dollar that is created is not money, but debt and the entire system is a ponzi scheme and everyone knows how ponzi schemes end. I believe that 80% of all dollars in existence have been created in the past few years and if the Fed stops then the entire system implodes, so the printing won't stop and costs of everything will continue to rise, as it is all part of the plan.

As George Carlin said "It's a big club and you ain't in it!" -

 

[2manyrocks]

The economic theory I was taught was based on the federal reserve adjusting the money supply in a way that facilitated economic growth. Too much $ caused inflation. Too little $ caused deflation. Raising interest rates cooled things. Lowering interest rates made for more purchasing ease. Government spending also affected economic growth with there being strongly differing opinions about that.

The universal black hole in the theory is the fed can't control energy prices. They were effectively powerless to deal with the oil price shock post 1973. The persistent run up in fuel prices in 2008 also contributed to bringing an overleveraged economy to its knees.

I had to take economic history of the US as part of my major. Everyone here would pass the course if you could remember these two phrases and insert the appropriate year: "the banking crisis of _____ and the financial crisis of ______."

The bigger the bubble, the bigger the bust.

 

[4570Man]

Obvious petrol prices pedal inflation.

Prices surge is global phenomena, I am wondering, why you guys are blaming your government ?

Because the government is responsible for inflation and that’s one of the leading causes for price surges. And the government reduced drilling and pipelines both of which increased cost.

 

[Lineman North Florida]

I was going to fertilize 10 acres of horse pasture this year….but they want $1,500 per ton. Guess ill pass on that.

I got 21-0-21 here in Fl 3 weeks ago for $808.00 per ton, don't know what analysis they quoted you but man that is outrageous.

 

[WVH1977]

We buy greeting, holiday, birthday, etc., cards at the dollar stores.

They need to update the store name to the 5 or 10 dollar store.

 

[MossRoad]

They need to update the store name to the 5 or 10 dollar store.

Buck and a quarter store.

 

[tjandrews]

Because the government is responsible for inflation and that’s one of the leading causes for price surges. And the government reduced drilling and pipelines both of which increased cost.

Oil prices were already low enough that fracked wells were becoming marginal to operate at best. Then covid shut the economy down, and oil prices dropped off a cliff. Oil companies stopped pumping from expensive fracked wells because they were losing money. Economy came roaring back, because of all the extra federal money thrown at it, but oil companies were reluctant to resume production because it might not last, and they were recouping their previous losses.

Now, with prices what they are, the oil companies are making record profits at the current level of production. Why in the world would they spend the money to bring wells back online, lower prices, and reduce those record profits? The shareholders wouldn't like it much.

 

[IndyJay]

LOL, great question. I don't know why so many guys here (and frankly all across this country) spend so much energy hating politicians for things that they have no control over. The sad truth is because they are brainwashed into partisan tribalism, convinced that the "other team" is whats wrong with America. When really the global elite are what are crushing all of us.

Some are brainwashed into thinking that there actually are two parties rather than a uni-party that is controlled by that global elite, but we shouldn't be talking about that here. Please take it to the Front Porch.

 

[IndyJay]

Oil prices were already low enough that fracked wells were becoming marginal to operate at best. Then covid shut the economy down, and oil prices dropped off a cliff. Oil companies stopped pumping from expensive fracked wells because they were losing money. Economy came roaring back, because of all the extra federal money thrown at it, but oil companies were reluctant to resume production because it might not last, and they were recouping their previous losses.

Now, with prices what they are, the oil companies are making record profits at the current level of production. Why in the world would they spend the money to bring wells back online, lower prices, and reduce those record profits? The shareholders wouldn't like it much.

Which shareholders wouldn't like it? The ones like me with 401k's or the Union pension funds which invest their member's retirement money for growth? Which evil, nefarious group are you referring to?

 

[paulfun9]

LOL, great question. I don't know why so many guys here (and frankly all across this country) spend so much energy hating politicians for things that they have no control over. The sad truth is because they are brainwashed into partisan tribalism, convinced that the "other team" is whats wrong with America. When really the global elite are what are crushing all of us.

Because you fail to understand the depth of what all politicians around the globe do and how it contributes to everything we endure.
Our political leaders have a lot more to do with how bad we are affected than most who think they know will ever understand.

 

[tjandrews]

Which shareholders wouldn't like it? The ones like me with 401k's or the Union pension funds which invest their member's retirement money for growth? Which evil, nefarious group are you referring to?

Both, and almost anybody else, like me, invested in mutual funds. I'm no Wall Street Wizard, but from what I read just about every mutual fund has at least some oil company stock. Especially "nefarious" are those who complain about the high cost of energy while raking in the benefits of it.

 

[MossRoad]

Well, due to repeated political postings, thread closed.

 

[MossRoad]

Feel free to start a new one.