Prices.... Going Up!!!

[rickb119]

I've been shopping for LED retrofit can lights, to replace the ugly ones in the house I just bought. Found one yesterday at Lowes, online. Wrote down the item # and price-$19.98. Checked again today. Price-$20.98.

 

[Erik Tracy]

I filled up yesterday in San Diego with a T-mobile discount of 10cents per gallon and it was still $5.65/gallon for mid-grade (manual recommendation). $75 to fill up.

Ouch.

 

[NH-MAN]

$4.19 today at local boonie gas station.

Didn't need any still had over half a tank but figured it's just going to go up so why not.

 

[kryten79]

$2.48 for a gallon of Great Brand distilled water at Wally World.

 

[kryten79]

Ordered two pizzas and salads delivered from Vocelli last night. $92.59 including tip.
Wouldn't have done it but circumstances dictate.
1 LG PIZZA $24.94
THIN, EXTRA MOZZARELLA, SAUSAGE, MUSHROOM, GREEN PEPPER, BLACK OLIVES
1 LG DELUXE, $18.99
TRADITIONAL
1 SPIN/MUSH ROLLS $9.74 EXTRA MARINARA SC
2 R GARDEN $17.48 BLUE CHEESE. GREEK
Delivery Charge: $2.99
SubTotal: $74.14
Tax: $7.33
Total: $81.47
CC Tip: $11.12
Total w/tip: $92.59

 

[dfunghi]

Yet typical inflation hedges like TIPS and precious metals are sinking, even as geopolitical events heat up. The war on savers continues.

 

[Mystic]

Yet typical inflation hedges like TIPS and precious metals are sinking, even as geopolitical events heat up. The war on savers continues.

Turns out my best hedge on inflation is that portion of my investment portfolio, (most of) which I'd put together circa 2001, comprising hundreds of shares in several "Tech" & "Systems" firms including Boeing (which I alsrewady had but significantly expanded), Raytheon, Lockheed-Martin, Northrup-Grumman, General Dynamics, Haliburton, Analytic Services, BAE, Booz Allen, Bechtel, Fluor Marine and Vectrus. The increased value over that past 12 months has more than made up the inflationa rate here, in France, and vastly ameliorates recent downturns in (certain) investments back in The States.

The prime impetus for diving into these markets was US' bringing former Warsaw Pact states into their defensive umbrella circa 1999~2000, thus eschewing the so-called "peace dividend" and assurring magnificent growth and returns for these industries.

It's worked out rather well.

PS: It's not too late, IMO, to jump into these markets as it appears the are the growth industry for the next little while -- 2~4 years? -- @ least. You could, in 18-24 months, double yer money if you get in now.

 

[grgmchl]

Speaking about prices going up - I was surprised to see how between Jan 2022 and March 2022 prices have gone up on digikey and mouser. A filter capacitor that used to cost about $27 is not $35.

 

[70's Rockfan]

I would imagine the prices at Walmart
will be going up. especially in this region.
MSN
reminds me of a huge carpet warehouse fire I saw in the 70s

 

[tnmike1]

here in Palm Coast FL close to the ocean air conditioning units last about 10 yrs before they need to be replaced. Have to do it this year. 10 yrs ago price was $3500. Today got the quote for $5500. Has to be done so doing it. Living in a salt air environment means rust that takes a toll on everything. Friend lives on the ocean and says his unit lasts three years.

 

[GChief]

here in Palm Coast FL close to the ocean air conditioning units last about 10 yrs before they need to be replaced. Have to do it this year. 10 yrs ago price was $3500. Today got the quote for $5500. Has to be done so doing it. Living in a salt air environment means rust that takes a toll on everything. Friend lives on the ocean and says his unit lasts three years.

If you adjust for inflation that about a $800 increase in 10yrs.

 

[NH-MAN]

here in Palm Coast FL close to the ocean air conditioning units last about 10 yrs before they need to be replaced. Have to do it this year. 10 yrs ago price was $3500. Today got the quote for $5500. Has to be done so doing it. Living in a salt air environment means rust that takes a toll on everything. Friend lives on the ocean and says his unit lasts three years.

Maybe a rinse every once in a while will help you out quite a bit.

Don't forget this... (saltsgone.com)

I am a saltwater boater and just water and or soap just isn't enough.

 

[Drybasement]

Ordered two pizzas and salads delivered from Vocelli last night. $92.59 including tip.
Wouldn't have done it but circumstances dictate.
1 LG PIZZA $24.94
THIN, EXTRA MOZZARELLA, SAUSAGE, MUSHROOM, GREEN PEPPER, BLACK OLIVES
1 LG DELUXE, $18.99
TRADITIONAL
1 SPIN/MUSH ROLLS $9.74 EXTRA MARINARA SC
2 R GARDEN $17.48 BLUE CHEESE. GREEK
Delivery Charge: $2.99
SubTotal: $74.14
Tax: $7.33
Total: $81.47
CC Tip: $11.12
Total w/tip: $92.59

$100 for pizza and salad? Was it good?

 

[Mystic]

If you adjust for inflation that about a $800 increase in 10yrs.

Mostly, but not all of the ~ $2000 increase is explaied by inflation... obviously a lot more than USD 800.

A single USD in 2010 costs 23% more in 2020, the last full fiscal cycle for which we have these data. Thus, those USD 3500 in 2010 cost, in 2020, USD 4550 (4553.9 to be exact).

The source of the additional ~ USD 1000 quote (i.e., USD 5500) member @tnmike1 is anyone's guess. My guess is assorted labor market and/or supply chain -- or combination thereof -- irregularities we've been witnessing throughout the year 2021 - into - 2022.

cc: @tnmike1

 

[GChief]

Mostly, but not all of the ~ $2000 increase is explaied by inflation... obviously a lot more than USD 800.

A single USD in 2010 costs 23% more in 2020, the last full fiscal cycle for which we have these data. Thus, those USD 3500 in 2010 cost, in 2020, USD 4550 (4553.9 to be exact).

The source of the additional ~ USD 1000 quote (i.e., USD 5500) member @tnmike1 is anyone's guess. My guess is assorted labor market and/or supply chain -- or combination thereof -- irregularities we've been witnessing throughout the year 2021 - into - 2022.

cc: @tnmike1

Yeah I didn’t nuke it, just used the first inhalation calculator that popped up in a search, close enough

 

[OnTheBlitz]

January 1st 2021 = $9.99


Hey Knucklehead, shred'em "them" to bits! Get'em!

 

[Swokie63]

Yet typical inflation hedges like TIPS and precious metals are sinking, even as geopolitical events heat up. The war on savers continues.

The way I handle tips, is to hand the money to the person I feel 'deserves' the tip.. if I put a 'tip' on my tab it's for the establishment, they share it.. if one person stands out, the cash goes in their pocket.. I don't work in a 'tip' environment, and don't expect em..(I'm paid for what I do)..

Precious metals are an investment, based on speculation, like any other investment..
Stocks, bonds, etf's, are paper(like money).. physical precious metal, if you bought it at the right time, is definitely a good hedge..

And for transparency, I also have paper investments in at least a few of the corp's @Mystic mentioned..

 

[OBMG74]

Mortgage rates jumped to 4.95%.
Bad for homebuyers, might be good for savers. Finally.

 

[Mystic]

Yeah I didn’t nuke it, just used the first inhalation calculator that popped up in a search, close enough for US government work...

Fixed it for ya.

 

[Supercool!]

@kryton79 Now I know why I see old retired guys delivering pizza!