https://twitter.com/markets/status/1260186609191923712

ROCK BOTTOM

Food prices are definitely going up. And that is a larger proportion of spending than it used to be, now that so many stores are closed.

(05-12-2020 08:35 AM)bullet Wrote:  Food prices are definitely going up. And that is a larger proportion of spending than it used to be, now that so many stores are closed.

I too have noticed the grocery bill drifting upwards. Now, some of that is having two kids home all day constantly eating; however, some of it is absolutley price creep.

(05-12-2020 08:35 AM)bullet Wrote:  Food prices are definitely going up. And that is a larger proportion of spending than it used to be, now that so many stores are closed.

Yea for sure they are climbing.

supply/demand = deflation vs. relative inflation....who'd a thunk it....

#muhWealthSiphon

Our gas prices In MI have quietly climbed about $.30 this week.

(05-12-2020 09:33 AM)rath v2.0 Wrote:  Our gas prices In MI have quietly climbed about $.30 this week.

Got gas for $1.66 Sunday. 3 miles away they were charging $1.99.

(05-12-2020 09:38 AM)bullet Wrote:  

(05-12-2020 09:33 AM)rath v2.0 Wrote:  Our gas prices In MI have quietly climbed about $.30 this week.

Got gas for $1.66 Sunday. 3 miles away they were charging $1.99.

we have the same range in price no farther than 4 mi. apart....'they' will tell ya it's due to how it's transported and the corp doing such....lol...

(05-12-2020 09:38 AM)bullet Wrote:  

(05-12-2020 09:33 AM)rath v2.0 Wrote:  Our gas prices In MI have quietly climbed about $.30 this week.

Got gas for $1.66 Sunday. 3 miles away they were charging $1.99.

Yep, one mile from my house it's $1.29, 5 miles up the highway it's $1.79.

(05-12-2020 09:42 AM)stinkfist Wrote:  

(05-12-2020 09:38 AM)bullet Wrote:  

(05-12-2020 09:33 AM)rath v2.0 Wrote:  Our gas prices In MI have quietly climbed about $.30 this week.

Got gas for $1.66 Sunday. 3 miles away they were charging $1.99.

we have the same range in price no farther than 4 mi. apart....'they' will tell ya it's due to how it's transported and the corp doing such....lol...

All BS. I'm 20 miles outside of Memphis where the Valero distribution center is yet prices out here are lower than closer to town.

(05-12-2020 09:52 AM)TigerBlue4Ever Wrote:  

(05-12-2020 09:42 AM)stinkfist Wrote:  

(05-12-2020 09:38 AM)bullet Wrote:  

(05-12-2020 09:33 AM)rath v2.0 Wrote:  Our gas prices In MI have quietly climbed about $.30 this week.

Got gas for $1.66 Sunday. 3 miles away they were charging $1.99.

we have the same range in price no farther than 4 mi. apart....'they' will tell ya it's due to how it's transported and the corp doing such....lol...

All BS. I'm 20 miles outside of Memphis where the Valero distribution center is yet prices out here are lower than closer to town.

XACLY!

I ain' the brightest bulb in the pack, but ya cannot shite the bullshiTTTer.....

fwiw, it's exactly the same relative to demographics in the 'burg/surrounding....it's not hard to figure out where the $$$ reside...

(05-12-2020 08:56 AM)stinkfist Wrote:  supply/demand = deflation vs. relative inflation....who'd a thunk it....

#muhWealthSiphon

Went to the local grocery chain yesterday and saw a 6 pack of Bounty paper towel on a display for $21.99. Granted they were the big fat rolls.

Took weeks for gas to go under $2/gallon here.. Yesterday morning the price was how it's been for a week and yesterday morning it was over $2.

(05-12-2020 10:40 AM)gdunn Wrote:  Took weeks for gas to go under $2/gallon here.. Yesterday morning the price was how it's been for a week and yesterday morning it was over $2.

#muhTaxes

(05-12-2020 10:39 AM)Eagleaidaholic Wrote:  

(05-12-2020 08:56 AM)stinkfist Wrote:  supply/demand = deflation vs. relative inflation....who'd a thunk it....

#muhWealthSiphon

Went to the local grocery chain yesterday and saw a 6 pack of Bounty paper towel on a display for $21.99. Granted they were the big fat rolls.

#captInsano

had to be muh corner market, Ja?!

dissapointed in Forrest....(and you know who)

#stillMissDoc