The investment..speculation, out right gambling thread

<p>I currently see grocery prices as stable with a few exceptions like red meat.</p>

<p>food costs have risen around here in the past five years, significantly so.</p>

<p>I will look for a cite</p>

<p><a href=“Behind the Rising Cost of Food - The New York Times”>Behind the Rising Cost of Food - The New York Times;

<p><a href=“Paying More for Filling Up - NYTimes.com”>Paying More for Filling Up - NYTimes.com;

<p>the last is a good graphic</p>

<p><a href=“http://www.deseretnews.com/article/865556069/Grocery-costs-are-rising-heres-why.html[/url]”>http://www.deseretnews.com/article/865556069/Grocery-costs-are-rising-heres-why.html&lt;/a&gt;&lt;/p&gt;

<p>My grocery store food costs and restaurant meal costs have risen dramatically in the past five years. </p>

<p>I used to buy a 24 oz soda at the local convenience store for 99 cents five years ago. Now it’s $1.59. It’s high enough now that I sometime refrain from buying just because it makes me mad they are charging so much for a little bit of liquid.</p>

<p>If you shop smartly, costs are not significantly diffeernt…2 liter of soda few years back was 1.09 everyday, and now on sale i can stock up at 99 cents for c or p …though everyday price is 1.59… Shop smart and costs are not significant…red meat is differnt, bit i pay up at a butcher for better quality</p>

<p>Since you presumably live in the tri-state area like I do, we shop smart and it is still either more expensive or the size of the product is less. We don’t drink soda or eat junk food so I can’t comment on that.</p>

<p>Food prices are up…</p>

<p>Waiting for sales doesn’t mean food prices aren’t up…</p>

<p>I don’t know how you can exclude red meat and fish from food prices…</p>

<p>Maybe…when something is on sale you can get a similar price to 5 years ago…</p>

<p>But…maybe the sales price 5 years ago was similar to the price 10 years ago. ;)</p>

<p>“All I can say is amazing, we’re seeing our foodbill go up constantly but of course this isn’t included in the cpi that doesn’t include the costs of food and energy which are volatile - LOL”</p>

<p>Lol.</p>

<p>The cost of buying a house has decreased as we all know…so that is deflationary…</p>

<p>Of course, that isn’t in the cpi either. :)</p>

<p>^^yes they’re both volatile, around a trend that is continuously going up.</p>

<p>Lol…true.</p>

<p>Looking through my father’s records, he was in the hospital for a week after having an ulcer operation in 1953, the bill for the hospital stay was $265. I’m right now looking at a catalog of my college that I stole 40 years ago that is dated 1854 - 1855. The tuition per year was $103 and “board, washing and lodging” was $60. The cost today is $55750.</p>

<p>That is why I wonder about retirement…</p>

<p>Inflation can wreck havoc on the best laid plans…</p>

<p>That is all we need…inflation in our 70’s and 80’s and 90’s. Hospital stays of $70,000 a night. Maybe, we will have vouchers…yeah…that will save us. ;)</p>

<p>Here’s some comments from that bowtie guy again. [News</a> Headlines](<a href=“http://www.cnbc.com/id/47470339]News”>More Turmoil to Come, Buy Real Assets: Jim Rogers)</p>

<p>He is a broken record. F him. He can’t afford to pay a capital gains tax. F him.</p>

<p>F stands for freak. ;)</p>

<br>

<br>

<p>We’ve cut way back on meat and increased fish but overall the mix of animal-based protein has gone down.</p>

<p>We’ve also discontinued things like soda, juice, ice cream and things that contain added sugars and sweeteners. We mostly drink tap water now. A lot of the staples that we buy are up modestly and many did go up but came back down.</p>

<p>A loaf of Barowsky’s Natural Whole Wheat was $2 (day old) a few years ago. It went up to $2.50 last year and is back down to $2.00 as of a few weeks ago.</p>

<p>I only buy these things on sale - five years ago or today. When they aren’t on sale, I buy bread from Trader Joes for $2.49 and it’s been at that price for several years.</p>

<p>Well…prices are up where I live…food prices too…</p>

<p>I see it the way doct sees it…prices are up or the sizes are smaller.</p>

<p>Food substitution is ok…and can lower a person’s cost of food.</p>

<p>We do pay up for fish, meat, vegetables and fruit. </p>

<p>I think there is a difference in quality.</p>

<p>When we are old…and our taste buds go…maybe we will go with cheaper products.</p>

<p>I walked to Trader Joes…which isn’t far…but the store did not blow me away…it just didn’t do it for me.</p>

<p>I know people that swear by it…I guess it works for you BCEagle91.</p>

<p>By the way, our gas prices are still 4.30 a gallon.</p>

<p>Our gas prices are in the $3.60s.</p>

<p>NH is a fairly inexpensive place to live if you don’t have a big house.</p>

<p>I do prefer $3.60. :)</p>

<p>I like this article…</p>

<p>[TIPS</a> Give Bernanke Green Light to Ease Amid Record Yields - Bloomberg](<a href=“http://www.bloomberg.com/news/2012-05-21/tips-give-bernanke-green-light-to-ease-amid-record-yields.html]TIPS”>Bloomberg - Are you a robot?)</p>

<p>With all the mega trillions of money pumped into the economy…inflation is not running out of control.</p>

<p>The velocity of money is pretty low. As long as the velocity of money stays down…money can be pumped into the system.</p>

<p>Our debt service as a percentage of gdp is down 25 percent from 12 years ago. The increase in debt is not onerous…yet…and might not be for awhile…despite what politicians say.</p>

<p>Gas prices in my town are still above 4.00 per gallon. Fish has been and is always more expensive than meat, nuts are much more expensive as is cereal (we don’t eat junk cereal).</p>