Money printer goes brrrr
Aug 14, 2021
One of my work suppliers just increased their price 37% for august on top of 33.5% increase in July… probably nothing
— BowTiedFarmer (🌲,🌲) (@bowtiedfarmer) August 13, 2021
I looked at the local sale price increases of a few items compared to two years ago.
Eggs: $2 --> $2.8
Butter: $3 --> $3.5
Milk (4L): $4 --> $4.7
Coke (6 pack): $2 --> $2.8
Potatoes (10 lbs): $2 --> $4
TV dinner (300g): $2 --> $3
Peanut butter (1kg): $3 --> $4.5
Chicken legs (1 lb): $1.5 --> $2.5
Lean ground beef (1 lb): $3 --> $5
For a second, I was surprised by the tiny increase for milk. Of course, the milk price is set artificially high by the Canadian government. So, it didn't go up as much because it's not the market price. Add in the price increases for rent, electricity, internet, electronics (especially graphics cards and laptops) and your average person is getting squeezed hard.
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