Cost of living crisis

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BaltimoreJack
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Re: Cost of living crisis

Post by BaltimoreJack »

Here we go. Every thread here about prices or cost of living goes 10 pages minimum.

If it’s about the prices of bargirls then it’s 20 pages minimum .
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Alex
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Re: Cost of living crisis

Post by Alex »

BaltimoreJack wrote: Wed Aug 16, 2023 11:53 pm Here we go. Every thread here about prices or cost of living goes 10 pages minimum.

If it’s about the prices of bargirls then it’s 20 pages minimum .
Yes, but how much is the fish in Baltimore these days?
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sigmoid
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Re: Cost of living crisis

Post by sigmoid »

Laos has this problem now.

Skyrocketing Vegetable Prices Highlight Cost of Living Crisis in Laos

https://laotiantimes.com/2023/08/16/sky ... s-in-laos/


Laos' year-on-year inflation rate dropped to 27.8 % in July, from 28.64 % in June

https://en.vietnamplus.vn/laos-inflatio ... 265454.vnp


Currency depreciation is also a problem, falling from approx. 8,500 LAK to the USD 5 years ago to over 19,000 LAK now.

https://www.xe.com/currencycharts/?from ... AK&view=5Y
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BaltimoreJack
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Re: Cost of living crisis

Post by BaltimoreJack »

Alex wrote: Thu Aug 17, 2023 12:34 am
BaltimoreJack wrote: Wed Aug 16, 2023 11:53 pm Here we go. Every thread here about prices or cost of living goes 10 pages minimum.

If it’s about the prices of bargirls then it’s 20 pages minimum .
Yes, but how much is the fish in Baltimore these days?
I don’t know. I don’t eat fish. GONK and I had a pizza in Baltimore last month and used a $10 off coupon.
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truffledog
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Re: Cost of living crisis

Post by truffledog »

Doc67 wrote: Wed Aug 16, 2023 11:33 pm On the bright side, at least they have stopped covering everything in fucking pomegranate seeds.
But they still did not stop to use the fake balsamic glue sprinkeled over everything.
work is for people who cant find truffles
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Doc67
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Re: Cost of living crisis

Post by Doc67 »

truffledog wrote: Thu Aug 17, 2023 2:25 am
Doc67 wrote: Wed Aug 16, 2023 11:33 pm On the bright side, at least they have stopped covering everything in fucking pomegranate seeds.
But they still did not stop to use the fake balsamic glue sprinkeled over everything.
Do you mean glassa balsamica?

It's lovely. Balsamic with cornflour, yummy!

I'll bring you some!

P.S. Dont forget all the fake Parma Ham.
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Random Dude
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Re: Cost of living crisis

Post by Random Dude »

It seems like every week there's something in the news about another food-producing area getting hit by drought, flooding, or fire and wiping out crops, that's going to impact food prices. Higher fuel costs and things like the shipping pileup currently going on at the Panama Canal affect the supply chains which no doubt affects the price of goods on the shelf too. I get that, it makes sense.

But some of the price increases seem like excuses to price gouge to me - I have to pay for various business compliance costs, commercial insurance etc and they've all gone up a lot over the last few years. There's no goods being provided, nothing that depends on supply chains but apparantly if a liter of milk or petrol goes up in price, a useless certificate that proves you know about workplace safety needs to almost double in price to 'offset their costs'.
When every business gets these extra burdens they'll usually pass them on to the customer, making life harder for everyone.
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newkidontheblock
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Re: Cost of living crisis

Post by newkidontheblock »

Random Dude wrote:It seems like every week there's something in the news about another food-producing area getting hit by drought, flooding, or fire and wiping out crops, that's going to impact food prices. Higher fuel costs and things like the shipping pileup currently going on at the Panama Canal affect the supply chains which no doubt affects the price of goods on the shelf too. I get that, it makes sense.

But some of the price increases seem like excuses to price gouge to me - I have to pay for various business compliance costs, commercial insurance etc and they've all gone up a lot over the last few years. There's no goods being provided, nothing that depends on supply chains but apparantly if a liter of milk or petrol goes up in price, a useless certificate that proves you know about workplace safety needs to almost double in price to 'offset their costs'.
When every business gets these extra burdens they'll usually pass them on to the customer, making life harder for everyone.
So a business can choose to either pass the extra costs down, or eat the extra costs.

Eat too much of the extra costs, and the business ends up in the red, and then out of business, and shuts down.

So does a business closing down lower everyone’s burden as opposed to a business staying opening and increasing everyone’s burden?

I don’t understand the logic.
Kenr
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Re: Cost of living crisis

Post by Kenr »

newkidontheblock wrote: Thu Aug 17, 2023 6:44 am
Random Dude wrote:It seems like every week there's something in the news about another food-producing area getting hit by drought, flooding, or fire and wiping out crops, that's going to impact food prices. Higher fuel costs and things like the shipping pileup currently going on at the Panama Canal affect the supply chains which no doubt affects the price of goods on the shelf too. I get that, it makes sense.

But some of the price increases seem like excuses to price gouge to me - I have to pay for various business compliance costs, commercial insurance etc and they've all gone up a lot over the last few years. There's no goods being provided, nothing that depends on supply chains but apparantly if a liter of milk or petrol goes up in price, a useless certificate that proves you know about workplace safety needs to almost double in price to 'offset their costs'.
When every business gets these extra burdens they'll usually pass them on to the customer, making life harder for everyone.
So a business can choose to either pass the extra costs down, or eat the extra costs.

Eat too much of the extra costs, and the business ends up in the red, and then out of business, and shuts down.

So does a business closing down lower everyone’s burden as opposed to a business staying opening and increasing everyone’s burden?

I don’t understand the logic.
I call B.S. on that logic. These aren't mom and pop stores here, these are major conglomerates who's sole purpose is to maximize PROFITS at any cost. They are price gouging pure and simple.
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Big Daikon
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Re: Cost of living crisis

Post by Big Daikon »

stevenjb wrote: Wed Aug 16, 2023 11:06 pm
newkidontheblock wrote:Restaurant food costs rose dramatically. Restaurants used to be 5-15 dollars/entree, now 20-40 dollars.

This is the US, Texas. Other places my vary.
The cost for eating in a restaurant in the US has gotten crazy high.


Sent from my Pixel 3a using Tapatalk
My parents and I went out for Thai in rural US. Almost $100. (No alcohol or dessert.)
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