No mercy from the money printer
Nov 11, 2021
It's 30%. Go in to Amazon previous orders from a couple months ago and hit 're-order.' Food prices up 30% since March of this year. pic.twitter.com/FmfjeFBMd8
— ChuckDBQ (@Chuck_DBQ) November 10, 2021
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
Milk and butter prices are set by the government in Canada. They're set to go up by roughly 30% by the end of March. The Federal Reserve increased the money supply by 40%. Prices are simply catching up. Imagine, if you made $20,000 a year and prices didn't change at all but your income crashed to $14,000. That's the same reality. This is the largest "tax increase" on the poor since the late 70s.
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