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I could go to the grocery store later today and catalog about 400 items for you that have jumped 2 or 3 dollars like that. I am telling you it's insane right no
by coding123 5y ago
I could go to the grocery store later today and catalog about 400 items for you that have jumped 2 or 3 dollars like that. I am telling you it's insane right now.
- rsj_hn 5y agoYou don't need to do that because we have a whole team of people whose jobs it is to measure this in a more systematic way - by checking prices all over the country and in a large number of different stores and for many different goods. They report that dood prices have climbed from 260 to 277 over the last year (all items). Within that group, the biggest climbers were meats, poultry, fish, and eggs (+12%). https://www.bls.gov/news.release/cpi.t01.htm https://www.bls.gov/news.release/cpi.t01.htm
- WarOnPrivacy 5y agoParent is exampling how IRL challenges look. It's fairly miserable to endlessly hear how a problem is 1x big when it's actually 4x big for most folks in your region.
- edmundsauto 5y agoOTOH, the personal experience of individuals will be amplified in their mind due to cognitive distortions. Our brains remember the prices that have gone up, put less emphasis on the prices that haven't. People reporting their experience will have significant distortion due to how our minds work.
- MeinBlutIstBlau 5y agoIt makes a difference cause you buy food more than you buy say...Cars or Processors.