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: Inflation


Meowjin
03-25-2011, 01:04 PM
I can't be the only one feeling it :(

Food is more expensive lately, gas is more expensive. I'm not getting an increase in my wage yet.

anyone else?

bengy
03-25-2011, 01:07 PM
Most people on here live with their parents, so I doubt they're "really" feeling it.

For the rest of us that support ourselves, yes of course we're feeling it.

E-40six
03-25-2011, 01:07 PM
Feeling it here right now.

I'm not looking forward to the increase in the minimum wage anytime soon. Business owners are stating that they are going to be raising their prices maintain the same margins.

Meowjin
03-25-2011, 01:10 PM
Blame food speculators. Let's bail those fuckers out again.

edit: And yeah for the people that are living at home, i can see the complaints lining up now... "ZOMG GAS IS SO MUCH"

"I bought 3 ipads 2 today, all for my washrooms :troll:"

tool001
03-25-2011, 01:25 PM
wait till oil prices filter down ..food will get more expensive.
interest rates go up due to inflation... mortgage rate go up . :S

Ducdesmo
03-25-2011, 01:26 PM
Watch for gas prices this summer! Better get yourselves a scooter.

achiam
03-25-2011, 01:28 PM
I can't be the only one feeling it :(

Food is more expensive lately, gas is more expensive. I'm not getting an increase in my wage yet.

anyone else?

Hey dude,

The reasons for the above two price increases are due primarily to their supply, and not inflation per se.

Inflation occurs in countries where the value of the cash decreases -- in most cases this occurs when the country prints out more cash or injects more liquid cash into the economy. Because there is now a greater supply of cash in the markets, and demand is constant, the value decreases (e.g. in the money markets/capital markets where companies borrow large chunks of cash for projects etc).

Because the supply vs demand causes the value of the currency to decrease, businesses must hence gain more revenue to purchase the same amounts of raw materials from other countries to make their product. This is reflected in the prices you see at the market place.

For food and fuel however, the increases in the past year were not tied primarily to inflation. Fuel prices have soared due to the instability of the Middle East. With production from Libya decreased and the Saudis suspected to be near maximal output, the value of fuel has increased as demand is only increasing -- largely powered by China.

Food has also increased largely due to two major events. Russia is one of Asia's largest breadbaskets, and the region had a major drought, causing commodity prices in wheat and other staple grains to soar. Because the world still had to eat, this allowed producers all over the world to raise their prices and still find buyers.

Fuel is also required to transport food around the world, and its increased prices were also a factor in the rise of food prices.

Fuck, jetlag sucks.

Meowjin
03-25-2011, 01:30 PM
I'm pretty sure speculation is a major factor here.

twitchyzero
03-25-2011, 01:45 PM
just stock up on groceries stateside...do that once a month and you can save a bit

especially for rice and dairy products it's much cheaper

Carl Johnson
03-25-2011, 01:46 PM
This might sound harsh, but stop bitching because it doesn't solve anything and instead do something about it. Food, gas, rent and apparently just got noticed that my Shaw monthly bill is going up as well. If you got crap load of money sitting in your savings account earning you junk return then you have ask yourself why. Not a very smart move to protect and grow your wealth. I was like you a few years back but have since moved on because as an individual there is not much you can do about macro forces.

bloodmack
03-25-2011, 01:49 PM
This might sound harsh, but stop bitching because it doesn't solve anything and instead do something about it. Food, gas, rent and apparently just got noticed that my Shaw monthly bill is going up as well. If you got crap load of money sitting in your savings account earning you junk return then you have ask yourself why. Not a very smart move to protect and grow your wealth. I was like you a few years back but have since moved on because as an individual there is not much you can do about macro forces.

I'm 21 and run a company , and I am definitely feeling the hurt from all the price changes. We can bitch all we want :)


edit: accidentaly pressed failed instead of quote, my bad :P

TheNewGirl
03-25-2011, 01:52 PM
I've noticed it too. But I've also had an ironic benefit come of it. I'm on a gluten free diet and so I can't eat a lot of normal (wheat containing) products. Until recently my foods have been substancialy more expensive then their normal wheat containing counterparts. BUT since wheat and grain prices started going up, it seems more and more people are turning to local, organic, and more natural foods which has actually brought their prices DOWN.

Once a month I do a trip to Planet Organic for staples from there, and also to my organic butcher and the prices for those products are about 10% less then they were this time last year. And while some are still more than their non local and non organic counter parts, the gap is a lot smaller then it used to be. (My butcher now sells many of his free range meats for the same price as his standard though)

So yeah, use it as an excuse to eat healthier.

unit
03-25-2011, 02:09 PM
just stock up on groceries stateside...do that once a month and you can save a bit

especially for rice and dairy products it's much cheaper

yeah but often the quality is lesser on that side. you have to make a lot of informed choices to ensure you get the same quality. i wouldnt buy milk or meat in the states thats for sure. has anyone seen chicken at the US costco? $1/lb. something about that is just so wrong. food should not be so cheap.

noventa
03-25-2011, 02:20 PM
damn msp went up as well

Skyline350gt
03-25-2011, 03:10 PM
I've noticed it too. But I've also had an ironic benefit come of it. I'm on a gluten free diet and so I can't eat a lot of normal (wheat containing) products. Until recently my foods have been substancialy more expensive then their normal wheat containing counterparts. BUT since wheat and grain prices started going up, it seems more and more people are turning to local, organic, and more natural foods which has actually brought their prices DOWN.

Once a month I do a trip to Planet Organic for staples from there, and also to my organic butcher and the prices for those products are about 10% less then they were this time last year. And while some are still more than their non local and non organic counter parts, the gap is a lot smaller then it used to be. (My butcher now sells many of his free range meats for the same price as his standard though)

So yeah, use it as an excuse to eat healthier.

Gluten free foods is NOT healthier.

In fact it's only recommended unless you have celiac diseases.
You are intaking more calories and highly processed gluten free look alike products :)

carisear
03-25-2011, 03:19 PM
Gluten free foods is NOT healthier.

In fact it's only recommended unless you have celiac diseases.
You are intaking more calories and highly processed gluten free look alike products :)

damn my celiac disease =(

i jsut avoid all of those products period. i'm pretty much on a strictly carnivore diet now. works well for me :)

mmmmmmm bacon.

optiblue
03-25-2011, 03:20 PM
Bank of Canada wants to raise the interest rates by summer... the dream of owning a place is slowly slipping away :(

Gnomes
03-25-2011, 03:25 PM
Minimum wage increase. More food price to increase from grocery stores to keep staff and to keep profit margins.

unit
03-25-2011, 03:29 PM
Bank of Canada wants to raise the interest rates by summer... the dream of owning a place is slowly slipping away :(

better than buying a place now then interest rates go up and you're locked into something you cant afford.

twitchyzero
03-25-2011, 06:10 PM
yeah but often the quality is lesser on that side. you have to make a lot of informed choices to ensure you get the same quality. i wouldnt buy milk or meat in the states thats for sure. has anyone seen chicken at the US costco? $1/lb. something about that is just so wrong. food should not be so cheap.
where are you hearing this from?

BNR32_Coupe
03-25-2011, 06:48 PM
here's some tangible figures as opposed to gut feelings

http://www.bcstats.gov.bc.ca/pubs/CPI/CPIdata.pdf

coles notes:
-fresh fruit is getting cheaper
-coffee, dairy, and restaurant dining are getting a lot more expensive faster
- BC has a comparatively lower increase in costs than the rest of canada

GabAlmighty
03-25-2011, 06:52 PM
And yeah for the people that are living at home, i can see the complaints lining up now... "ZOMG GAS IS SO MUCH"


I live at home, fill my truck up every 4 days ($65-$70), paying interest on a 40k+ line of credit, paying my phone, paying maintenance, and everything that doesn't constitutes groceries or house bills.

Oh, and i'm only working 2 days a week. So, keep assuming it's doing you good.

Razor Ramon HG
03-25-2011, 06:57 PM
just stock up on groceries stateside...do that once a month and you can save a bit

especially for rice and dairy products it's much cheaper

I can see more and more Chinese people stocking up when Superstore has rice on sale now.

taylor192
03-25-2011, 06:59 PM
I can't be the only one feeling it :(

Food is more expensive lately, gas is more expensive. I'm not getting an increase in my wage yet.

anyone else?

Vote NDP/Liberal and your taxes will go up too. :whistle:

taylor192
03-25-2011, 07:03 PM
Food prices have not even kept pace with inflation over the past decades. Sure certain foods have increased, yet most are cheaper today than decades ago priced in today's dollars.

Unfortunately people are speculating as investors dive into commodities as financials suffer, yet you don't have to suffer. Just change what you eat. I have noticed fresh fruit/veggies are down in price, which benefits me!

Nightwalker
03-25-2011, 07:16 PM
From what I understand petty much everything is cheaper today than it was years ago except housing and fuel when adjusted for inflation.

BNR32_Coupe
03-25-2011, 07:34 PM
From what I understand petty much everything is cheaper today than it was years ago except housing and fuel when adjusted for inflation.

it definitely is. people's wages should be going up along with the costs of everything as well.

if you're stuck at a job that gives you an increase of 10% every 5 years, then you're behind the pace of inflation (~3%), so understandably, everything is getting more expensive. however, it's your employers fault you're not being compensated accordingly, not society, government, or businesses on a macro level.

hotjoint
03-25-2011, 09:29 PM
Everything keeps going up. Just had to deal with it

Death2Theft
03-25-2011, 09:53 PM
IN the 1950's ppl spent 17% household income on food now it's down to 10% thanks to GMO's Enjoy your cancer.

Yuffa
03-25-2011, 11:02 PM
Welcome to Extreme Couponing -

http://www.youtube.com/watch?v=P-BsjPjm2bo

Cillu
03-26-2011, 12:45 AM
^ Was not expecting that at all. Damn.

Teh Doucher
03-26-2011, 01:52 AM
Welcome to Extreme Couponing -

http://www.youtube.com/watch?v=P-BsjPjm2bo

wow....

dinamix
03-26-2011, 02:23 AM
only way out is to find a good paying job. Being a 14 dolla balla won't cut it.
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Culverin
03-26-2011, 03:26 AM
Welcome to Extreme Couponing -

http://www.youtube.com/watch?v=P-BsjPjm2bo

Yeah, wow is right. But I think the corporations are bigger in the states and can't keep track of how many coupons they are giving out. I'm almost certain we can't pull off anything close in Canada.

Meowjin
03-26-2011, 03:43 AM
I'm pretty sure those riots in egypt and tunisia all began because of the price of food.

Meowjin
03-26-2011, 03:44 AM
Yeah, wow is right. But I think the corporations are bigger in the states and can't keep track of how many coupons they are giving out. I'm almost certain we can't pull off anything close in Canada.

without watching it (and basing off the show on tlc) all the products contained hfcs and wheat products.

It's dirt cheap to make and the profits are $$$ on those items.

LiquidTurbo
03-26-2011, 06:32 AM
Does anyone else think that it's almost cheaper to eat out for 1-2 people than to buy groceries and prepare all the food?

Gnomes
03-26-2011, 07:45 AM
Does anyone else think that it's almost cheaper to eat out for 1-2 people than to buy groceries and prepare all the food?

Most of the time when I buy grocery for 1-2 person, I end up getting left over unused food for my 1 meal. I always buying more than what I needed so that is added cost. Unless I buy more in larger cheaper quantities- ie. large 4L jug of milk rather than 1L.

Nightwalker
03-26-2011, 08:07 AM
Does anyone else think that it's almost cheaper to eat out for 1-2 people than to buy groceries and prepare all the food?

Absolutely not, lol!

Nightwalker
03-26-2011, 08:08 AM
What is up with 2damaxmr2 just randomly failing posts?

jmvdesign
03-26-2011, 08:42 AM
Does anyone else think that it's almost cheaper to eat out for 1-2 people than to buy groceries and prepare all the food?

uh no. The usual $30-40 dollars of groceries can last myself a whole week. You just need to know how to portion and cook your food.

iEatClams
03-26-2011, 09:34 AM
yeah but often the quality is lesser on that side. you have to make a lot of informed choices to ensure you get the same quality. i wouldnt buy milk or meat in the states thats for sure. has anyone seen chicken at the US costco? $1/lb. something about that is just so wrong. food should not be so cheap.

watch Food Inc. it's a documentary on how food is supplied in the US and you'll see why it's soo cheap. . . . It's a good eye-opener.

GoneGuru
03-26-2011, 10:12 AM
Mcdonalds value meals for life.

TypeRNammer
03-26-2011, 10:17 AM
Mcdonalds value meals for life.

Yuck, synthetic food LOL
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tiger_handheld
03-26-2011, 10:33 AM
may not really relate to inflation but... have you guys noticed that McDonalds just made everything double?

Double Qtr Pounder
Double big mac
Double fillet o' fish

i was in there yesterday to grab a quick bite, and i was like WTF -

Does a $ go further at mcdonalds or does it make it you fatter - leading to a burden on the healthcare system ? ?

The_AK
03-26-2011, 10:37 AM
Does anyone else think that it's almost cheaper to eat out for 1-2 people than to buy groceries and prepare all the food?

That doesnt make sense, so you pay more when you eat alone? Pretty sure menu prices stay the same.

bing
03-26-2011, 01:58 PM
Mcdonalds value meals for life.

mmm nothing like eating processed food that's been subsidized by taxdollars (sugar and corn are heavily subsidized industries, corn is used to feed livestock) and then using coke or any pop to wash away the disgusting beef aftertaste and thin layer of fat in your mouth

Gh0stRider
03-26-2011, 02:33 PM
my fucking bank account is feeling it.

Yuffa
03-26-2011, 04:07 PM
without watching it (and basing off the show on tlc) all the products contained hfcs and wheat products.

It's dirt cheap to make and the profits are $$$ on those items.

Not when she ends up getting 90% of her stuff FOR FREE......:\

Nightwalker
03-26-2011, 04:11 PM
I know someone who is couponing and some stacks actually result in MAKING money by buying things.

soowu
03-26-2011, 04:35 PM
save some money by growing a few types of veggies out on your yard :) . me and my family do well with the veggies we grow , saves us some money and some of the veggies grow huuuge so thats a big bonus

unit
03-26-2011, 05:24 PM
Does anyone else think that it's almost cheaper to eat out for 1-2 people than to buy groceries and prepare all the food?

depends how you cook. if you know how to plan meals then definitely not.

asian_XL
03-26-2011, 08:41 PM
75% of our salary went to paying expenses and debt.

It sucks to be born in the 80s.

LiquidTurbo
03-26-2011, 08:53 PM
uh no. The usual $30-40 dollars of groceries can last myself a whole week. You just need to know how to portion and cook your food.

What kinds of meals do you eat?

2damaxmr2
03-26-2011, 09:15 PM
ramen

BMW135i
03-26-2011, 09:46 PM
I'm feeling the same too. Everything went up. A meal easily cost over $8 plus tax and tips.

Gunsmokez
03-26-2011, 11:09 PM
What kinds of meals do you eat?

Crappy food.

dbaz
03-26-2011, 11:57 PM
it depends what you eat really, if you like pasta(the packaged stuff you can get for like a dollar when on sale), soup etc its cheaper to buy as groceries. if you like to eat hamburgers everyday its cheaper to go to mcds value meal. you just gotta know your shit when shopping, store cards save you a lot, western family/safeway version is usually the same stuff just cheaper price, dont let your mind fuck with you and make you think its shittier because of the packaging. just because it says 2 for 5 doesn't mean you cant get 1 for 2.50. you'd be surprised how many people don't know this stuff.

goo3
03-27-2011, 12:26 AM
may not really relate to inflation but... have you guys noticed that McDonalds just made everything double?

Double Qtr Pounder
Double big mac
Double fillet o' fish

i was in there yesterday to grab a quick bite, and i was like WTF -

Does a $ go further at mcdonalds or does it make it you fatter - leading to a burden on the healthcare system ? ?

They keep making their burgers smaller.

What kinds of meals do you eat?

pork

Nightwalker
03-27-2011, 01:35 AM
I was tracking my purchases for a while. Here's an example without any coupons of shopping at the local grocery store:

http://a5.sphotos.ak.fbcdn.net/hphotos-ak-snc4/40611_10150218998645184_537145183_13799554_3865394 _n.jpg

1 whole pink salmon
2lbs lean ground beef
12 large eggs
2lbs broccoli
1/2 head of cabbage
5lbs potatoes
1L Homo milk
1.5lbs carrots
2 x 750gr granola w/ nuts and fruit
750gr yogourt
4 oranges
bunch of bananas

Total: $36.06

That's not far from a meal for 2 out at a restaurant, far less depending where you go.

taylor192
03-27-2011, 08:38 AM
75% of our salary went to paying expenses and debt.

It sucks to be born in the 80s.
No, it sucks to make bad decisions.

I can see why you think it sucks to be born in the 80s. I'm born in 1978, close enough. We lived through the 80s financial bubble and saw our parents spoil us, then the high tech bubble where people were making ridiculously money, and finally the housing bubble where we were convinced everyone should buy a house.

I have never paid more than 20% of my salary toward living expenses, and that included when I owned a house (I had roommates). After paying off my student loans have never carried debt.

quasi
03-27-2011, 09:13 AM
Does anyone else think that it's almost cheaper to eat out for 1-2 people than to buy groceries and prepare all the food?

You get more when you make it yourself. Something like Lasagna might cost me $20 to make it. If my wife and I went out it would cost a little more for both of us to order it. The difference is my lasagna is better and not only do we get dinner for my wife, my son and myself. We had enough leftovers for all of us to have lunch the next day and then some.

murmur
03-28-2011, 12:00 PM
instant noodle raising price again..

Qmx323
03-28-2011, 12:02 PM
instant noodle raising price again..

:fuuuuu:

Glove
03-28-2011, 01:33 PM
Yep, definitly started feeling it a couple years ago,

I now fix my own car, fix my own house, cut my own hair ect ect...

If I can physically do it myself, and if I have access to google, I will do it myself. People charge WAY too much for services these days,

even a god damned 15 minute haircut costs 25 collars now including tip, its unbelievable, god forbid you need a plumber or a mechanic.

and every fuckin proffesion wants a tip these days. Im not gonna tip you for making me fast food god damn it, nor will I tip you for washing my car, its your fuckin job.

hirevtuner
03-28-2011, 04:34 PM
instant noodle raising price again..

it's not even healthy

murmur
03-28-2011, 04:39 PM
it's not even healthy

exam season
time constraint

instant noodle/canned foods are the temporary solution.

but yeah i agree instant noodle is not even healthy
i cook my noodles and wash it with cold water to minimize the chemical lol.

TypeRNammer
03-28-2011, 05:46 PM
25 dollars for a haircut?!?

I pay maximum of 10 bucks tips in!
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Simplex123
03-29-2011, 01:02 AM
watch Food Inc. it's a documentary on how food is supplied in the US and you'll see why it's soo cheap. . . . It's a good eye-opener.

MEGAVIDEO - I'm watching it@@AMEPARAM@@value%3D%22http%3A%2F%2Fwww.megavide o.com%2Fv%2F71JUQUNPc1ac087697206747bea00f6075d6cb 21@@AMEPARAM@@71JUQUNPc1ac087697206747bea00f6075d6 cb21

Wongtouski
03-29-2011, 01:07 AM
^ Just had Pacific coffee and it says my cup was made out of corn.........eerie.

Simplex123
03-29-2011, 01:10 AM
1 whole pink salmon
2lbs lean ground beef
12 large eggs
2lbs broccoli
1/2 head of cabbage
5lbs potatoes
1L Homo milk
1.5lbs carrots
2 x 750gr granola w/ nuts and fruit
750gr yogourt
4 oranges
bunch of bananas

Total: $36.06

That's not far from a meal for 2 out at a restaurant, far less depending where you go.
And how long does that last you?

Nightwalker
03-29-2011, 07:19 AM
And how long does that last you?

A week, I was challenging myself to eat for $5/day. Found out that it's completely do-able to eat well on that.

This wasn't all the food I had for the week though, I still had some stuff in the kitchen. I'm still eating this cheap but haven't been tracking it. Maybe when I run out of free meat lol. (my parents bought half a cow from a local farm, and I've been welcome to it)

hotjoint
03-29-2011, 07:29 AM
25 dollars for a haircut?!?

I pay maximum of 10 bucks tips in!
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:werd: when I used to get my haircut thats how much I would pay as well. Now it's free cuz I shave my head :)

hotjoint
03-29-2011, 07:29 AM
What is up with 2damaxmr2 just randomly failing posts?

boredom

jmvdesign
03-29-2011, 07:33 AM
I buy my meats (chicken & beef) from Costco, buy my condiments (eggs, milk, sauces, nuts etc.) from Superstore, and buy my fruits and vegetables here at a local farm. I average about $20-30 of food a week for myself. I eat out with the GF occasionally on the weekends though.

murmur
03-29-2011, 10:05 AM
btw
i feel bad that subway discontinued their sub-of-the-day promotion
much less choices now :fuuuuu:

valent|n0
03-30-2011, 01:16 PM
some meal tips when you want to save . I find it works really well for me

go to yaohan or crystal mall
buy the hot food, they have 4 large hot food for $20 . get all the meat and fish ones.
go home and freeze it. only leave the one you want to eat. put it into smaller container so that it is easier to use little bit at a time.
cook your own rice
cook your own vegetable ...
I can easily go by 1 week for $20 - $30 :P

jmvdesign
03-30-2011, 01:25 PM
People who can't budget $20-30 a week per person for food are either rich, don't understand the value of money, or still live at home.