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People still need to eat and that food gets processed and delivered with energy. They'll have to heat their homes in the coming months, all of that has been hit
by akmarinov 4y ago
People still need to eat and that food gets processed and delivered with energy. They'll have to heat their homes in the coming months, all of that has been hit hard with energy prices and is something that can't be wished away with higher rates.
- thehappypm 4y agoAre you implying that people have zero control over their spending?
- akmarinov 4y agoOn inelastic products, if you've read my point above - yeah. Can you turn off your spending on food? Edit: from the report: > Increases in the shelter, food, and medical care indexes were the largest of many contributors to the monthly seasonally adjusted all items increase. Can't turn off spending for food and medical care if you want to live
- Auracle 4y agoYou need a house, you don't need a nice house. You can buy food you need to cook instead of expensive premade stuff - or even go to primarily rice, beans, and potatoes. Medical care you can put off, switch to a cheaper generic medication, etc.
- thehappypm 4y agoI can absolutely turn off my spending for food, probably by 95%. If I lost my job I’d switch to beans and rice and other cheap homemade food and totally cut out anything expensive like takeout. I could live out of my pantry and freezer for a while if I had to, even.