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OT: Grocery prices falling

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Curby

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Aug 23, 2012
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dorndawg said:
The headline is a little bs since these records only go back 10 years, but still nice to see something getting cheaper.

View attachment 646787

Bloomberg - Are you a robot?

www.bloomberg.com
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Not sure where you are shopping, LoL.

Things are still pretty damn expensive.

But we get to watch a millionaire and a billionaire talk to us tonight about how things are either not bad, or will get better.....as if it affects them.
 
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dorndawg

dorndawg

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Sep 10, 2012
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MSUGUY said:
Interesting , boat prices are way down due to no demand, and oil lower too.
Whoever wins November probably deals with a recession.
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The majority of commodities are down. I'm not sure it will be an actual recession, but we've certainly been defying gravity for a long spell. I wouldn't be surprised to see stocks take a beating for a few weeks coming up.
 
Maroon Eagle

Maroon Eagle

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May 24, 2006
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DAWGSANDSAINTS said:
Already have.
In some places .50-.60c per gallon in last month.
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Yep

Unsurprising that it’s going down (it would have eventually as prices are cyclical — summer gas costs more)

Not sure if the decrease is in line with historical trends though.
 
OG Goat Holder

OG Goat Holder

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MSUGUY said:
Interesting , boat prices are way down due to no demand, and oil lower too.
Whoever wins November probably deals with a recession.
Click to expand...
Why do you say that? It won’t be in the housing market, as supply is still low there and the rates will be decreasing soon. Farther and farther we get from the pandemic, prices are stabilizing on goods and food as supply increases. I even suspect fast food prices decrease as many of the high priced labor is laid off due to automation/AI.

Tech will continue to increase. I think the next president has a fairly easy job as far as the country goes. Stock market will likely do better under Drumpf though, since Mamala is talking about taxing the shlt out of them.
 
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BoDawg.sixpack

BoDawg.sixpack

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Interest rates are melting. If you're thinking about buying a new home nows the time. Builders are going to start raising prices in stable markets as they continue dropping.
 
E

eckie1

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Jun 23, 2007
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57stratdawg said:
Personally, I’m thankful that Biden finally decided to press the “make things cheaper” button.*
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On year, I saved $0.07 cents on my 4th of July hot dogs from the prior year, and it was touted as significant. Even more amazing is that I don’t 17ing eat hot dogs, but still such savings.****
 
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dorndawg

dorndawg

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karlchilders.sixpack said:
So, are you saying I can go back to the meat counter again?
I've seen several just shake their heads there, and just walk off.

I am not set and ready to celebrate just yet, we shall see.
A lot of damage has been done.
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Beef prices are likely headed up again :(
 
onewoof

onewoof

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can we ask for grocery companies to be indicted for the price gouging? get them in front of congress
 
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IBleedMaroonDawg

IBleedMaroonDawg

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Once again, it proves that as we approach an election, every politician becomes more MOR and agrees with every issue they need to. The minute they get elected, they forget about what they promised.
 
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MSUGUY

MSUGUY

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OG Goat Holder said:
Why do you say that? It won’t be in the housing market, as supply is still low there and the rates will be decreasing soon. Farther and farther we get from the pandemic, prices are stabilizing on goods and food as supply increases. I even suspect fast food prices decrease as many of the high priced labor is laid off due to automation/AI.

Tech will continue to increase. I think the next president has a fairly easy job as far as the country goes. Stock market will likely do better under Drumpf though, since Mamala is talking about taxing the shlt out of them.
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Decreased demand of disposable income items, and oil seems to show a slowing economy. I hope you are right and JPowell gets the soft landing.

Stock markets have done better under dem presidents and republicans congress, they cancel out and keep status quo.
 
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blacklistedbully

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Apr 9, 2010
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onewoof said:
can we ask for grocery companies to be indicted for the price gouging? get them in front of congress
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No, because that hasn't happened. It's just one of MANY lies Harris and the Dems tell every day. If there had been, there would already have been charges, etc. Approx 40 states have laws protecting consumers from price-gouging. Not one of them has even hinted at bringing a charge.

There is no price gouging. It is simply due to the inflation caused by irresponsible spending, especially on stupid **** and vote-buying.

You think gas prices are high? Imagine what they would be if the Biden-Harris admin had not raided and nearly depleted our strategic oil supply. They did that for their personal political benefit, knowing gas prices were going to bury them politically. Think about that. Dems are so power-hungry they have no problem literally putting our country and the world at large in increased danger by having our military unable to sustain a war that the Dems sure seem to be steering us ever closer to.

That reserve was never meant to be used by a political party to artificially reduce gas prices long-term as the Dems have done. It's unconscionable!

On top of that, food prices and just about everything else would be much high that the already high prices because gas prices impact that as well.
 
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Mr. Cook

Mr. Cook

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BulldogBlitz said:
Nah.



View attachment 646848
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Joe Biden GIF by Election 2020
 
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TXDawg.sixpack

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Apr 10, 2009
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OG Goat Holder said:
Why do you say that? It won’t be in the housing market, as supply is still low there and the rates will be decreasing soon. Farther and farther we get from the pandemic, prices are stabilizing on goods and food as supply increases. I even suspect fast food prices decrease as many of the high priced labor is laid off due to automation/AI.

Tech will continue to increase. I think the next president has a fairly easy job as far as the country goes. Stock market will likely do better under Drumpf though, since Mamala is talking about taxing the shlt out of them.
Click to expand...
Goat demonstrates his ignorance yet A-GAIN…
 
M

Marler

Member
Apr 9, 2017
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blacklistedbully said:
No, because that hasn't happened. It's just one of MANY lies Harris and the Dems tell every day. If there had been, there would already have been charges, etc. Approx 40 states have laws protecting consumers from price-gouging. Not one of them has even hinted at bringing a charge.

There is no price gouging. It is simply due to the inflation caused by irresponsible spending, especially on stupid **** and vote-buying.

You think gas prices are high? Imagine what they would be if the Biden-Harris admin had not raided and nearly depleted our strategic oil supply. They did that for their personal political benefit, knowing gas prices were going to bury them politically. Think about that. Dems are so power-hungry they have no problem literally putting our country and the world at large in increased danger by having our military unable to sustain a war that the Dems sure seem to be steering us ever closer to.

That reserve was never meant to be used by a political party to artificially reduce gas prices long-term as the Dems have done. It's unconscionable!

On top of that, food prices and just about everything else would be much high that the already high prices because gas prices impact that as well.
Click to expand...


Also the next administration is going to need to buy oil to fill it back up. I’m sure everyone will put the blame where it belongs***
Always pushing the problem on someone else.
 
Walkthedawg

Walkthedawg

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Oct 3, 2022
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dorndawg said:
The headline is a little bs since these records only go back 10 years, but still nice to see something getting cheaper.

View attachment 646787

Bloomberg - Are you a robot?

www.bloomberg.com
Click to expand...
Do I wanna see things get cheaper? Yes. Do I worry when prices across the board “tumble”? Yes I do.

Prices fall due to slowing demand. And couple that with savings rates being way down and credit card balances very high.. signs are pointing to a bit of a rough spot soon.
 
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