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by jp555 1896 days ago
Have you noticed how your cash is buying fewer items than it did a ~year ago? My daily item costs are WAY up, which is really just saying the value of the cash is WAY down.
2 comments

Honestly, no, I haven't. My groceries are the same. My electric bill is stable. The watch I'm replacing today is the same price today as ten years ago when I got its predecessor.

I don't know if it's because I buy different things from you, or if I live in a different place from you, or what. But my andecdote is that no, I'm not paying more for stuff than a year ago.

Odd that some people don’t notice things like this... https://en.m.wikipedia.org/wiki/Shrinkflation

Do you actually track spending or just don’t notice?

A gallon of milk is still a gallon of milk. A pound of carrots is still a pound of carrots.

It sounds as if your basket of goods is different from mine. Most of the examples on that Wikipedia page are sugary foods, which I just don't buy a lot of.

I used to buy 3lbs of carrots, but now the bags are 2lbs but cost the same.
Here, two pounds of carrots are $1.79, just as they have been for as long as I can remember. I don't have a spreadsheet, but I know what carrots cost. They certainly haven't shot up by 50%.
>Do you actually track spending or just don’t notice?

Do you? The BLS does, and their inflation numbers for food is 3.5% YOY.

[1] https://www.bls.gov/cpi/

I do actually. Because I am poor, I’m extremely conscious of my spending, and have spreadsheets and save receipts to track price changes in normal purchases.
I just saw this in real-time this past month with cat food.

A 24pk of Rx Renal cat food went from 5.8oz to 5.1oz[1]. I buy two packs at a time and what used to cost $113.76 is now $114.72 Effectively they're charging me an extra buck to keep 33.6oz (5.7 old-cans / 6.5 new-cans) of cat food from me.

[1] https://www.chewy.com/royal-canin-veterinary-diet-renal/dp/2...

Clothing prices seem to be way up in the US, especially shoes. My suspicion is people are flush with cash from the stimulus checks and retailers can charge whatever and people are buying.
Yes, inflation is real, and since I’m on a fixed income I noticed that despite cutting out luxuries and limiting meat purchases, my groovy bill went up and I still lost weight.
Insufficient data - supports several modeks.

If you are trying to lose weight, shifting away from sugary & processed foods & meat to high-quality fresh fruits, vegetables, nuts, etc. can definitely increase your grocery bill while reducing your weight in a very healthy way. Food bill may go down by going directly to farmers, but travel & fetching costs increase.

Or, it could be an unhealthy shift towards more processed foods, costing more in factory work & transport, and you are seeing real inflation.

So, insufficient data to indicate inflation or not.

Wasn’t trying to lose weight and my diet remained essentially the same other than modification due to cost (mainly less meat).

I had a fixed grocery budget, and over months, I lost weight due to a caloric deficit. Literally I bought less food with the same money and the result was just over a pound a month lost .

I'm sorry to hear that you are having such difficulties; I hope things improve for you soon.

That is the data we need to confirm that you're seeing inflation. Curious where you are located that you are seeing these numbers?

It’s ok, I might be poor but I’m pretty happy despite the disability.

I live in a city an hour away from Toronto, Canada.