We're also heading for a crash because we invested in financial scams rather than infrastructure that would allow us to make groceries cheaper.
But this is just a submarine anti-Trump piece. Everybody knows that groceries are expensive and why. The idea that annualized inflation rising to 2.9% in October when it was 3.0% in January is a huge failure for Trump is silly when he's actively pursuing policies that are expected to raise prices (tariffs and the deportation of workers that have no rights and are paid trash.)
Trump's failure is that he's simultaneously trying to cut the social safety net because he's a dumb libertarian at heart, surrounded by dumb libertarians, who engineer policy to serve their plutocrat sponsors (who aren't dumb libertarians) whims. They convinced him that he could get rid of the enormous number of illegal aliens to create a wage renaissance without spending a dime, but they aren't easy to get rid of. They're here, and they don't have anywhere else to go because we fucked up their countries. In fact, he's still fucking up their countries because he serves the people he golfs with. Even if you warehouse the illegals, all that's doing is keeping them from feeding themselves, and making them an even larger weight on the citizen economy. He even knows that most of them will have to be made citizens. At least the gate is closed for now.
He needs to put price controls on necessities hard, and start doing stimulus checks so hard that it looks like UBI. His goal is to lower the dollar anyway, print a ton of them and don't give them to the wealthiest people in the country who don't spend (or who "spend" on trash like the metaverse and AI being anything like AGI.) By that, I mean be better than Obama. People will forget that you reigned over the completion of a genocide in the holy land, and remember that you saved the West.
It's weird how certain things have remained the same, or even cheaper when accounting for inflation.
I've bought an $899 MacBook Air. I've bought a $229 65" TV. $20 handheld emulator. A lot of tools and random things from Amazon are still the same price.
But the house I bought was double what the one was in 2018. The car I haven't bought would be up 50%. Insurance costs are way up. Phone bill is the same.
Groceries are way up in general, certain things like meat basically doubled but Yogurt and cheese is still about the same price. Junk food like soda, cookies, and chips are double (thankfully I don't buy much). Potatoes, onions, peppers are still the same price.
A little late on this story, it all happened last year and the years before. Inflation is a monetary phenomenon, when the govt floods the world with free money, the price of goods goes up.
Slowly, global warming will take its toll. There won't be one big disaster, one big crash leading to global famine, but crops failing more and more, constantly, removing first the luxuries (cacao, olives, fruits, etc) and then the staples.
Why? If there's one positive it's that global warming is giving us vastly increased amounts of farmland, and in the north and the south (the most productive countries on the planet) Worldwide even.
This seems to me unlikely to lead to famine. We'll need to adapt, because farmland is moving, but we'll have a lot more food, not less.
Using words like "jumped" in headlines exactly why NPR is continuing to lose public trust. The data is super easy to find. CPI rose slightly last month, and the overall trend looks to have stabilized. I believe the FED targets for ~ 3% inflation.
The one thing I get from these articles, as I suspect the majority of tech workers on here feel, is that I'm grateful for this to not affect me. I have always shopped for sale items, but I've never had to go to several grocery stores to get the best deal. I've never had to choose a cheap spaghetti meal (since college, anyways) because of price. I'm grateful for this
I listened to Planet Money from NPR in August[0] where it claimed that inflation was based on feeling rather than data. The summary was that groceries are not a good measure of inflation since they're seasonal and the best way to buy groceries was the same as dollar cost averaging investment - buy the groceries when you need them and the prices will average out.
I think this has less to do with policy and more to do with grocery economics: They will raise prices until the public stops buying - basic economics. They've raised the prices and have zero incentive to reduce them. What are you going to do, grow your own food? Buy local?
15 comments
[ 4.0 ms ] story [ 26.1 ms ] threadThere’s some fascinating writing on this. It’s really private equity causing the price increases through supply chain control.
But this is just a submarine anti-Trump piece. Everybody knows that groceries are expensive and why. The idea that annualized inflation rising to 2.9% in October when it was 3.0% in January is a huge failure for Trump is silly when he's actively pursuing policies that are expected to raise prices (tariffs and the deportation of workers that have no rights and are paid trash.)
Trump's failure is that he's simultaneously trying to cut the social safety net because he's a dumb libertarian at heart, surrounded by dumb libertarians, who engineer policy to serve their plutocrat sponsors (who aren't dumb libertarians) whims. They convinced him that he could get rid of the enormous number of illegal aliens to create a wage renaissance without spending a dime, but they aren't easy to get rid of. They're here, and they don't have anywhere else to go because we fucked up their countries. In fact, he's still fucking up their countries because he serves the people he golfs with. Even if you warehouse the illegals, all that's doing is keeping them from feeding themselves, and making them an even larger weight on the citizen economy. He even knows that most of them will have to be made citizens. At least the gate is closed for now.
He needs to put price controls on necessities hard, and start doing stimulus checks so hard that it looks like UBI. His goal is to lower the dollar anyway, print a ton of them and don't give them to the wealthiest people in the country who don't spend (or who "spend" on trash like the metaverse and AI being anything like AGI.) By that, I mean be better than Obama. People will forget that you reigned over the completion of a genocide in the holy land, and remember that you saved the West.
I've bought an $899 MacBook Air. I've bought a $229 65" TV. $20 handheld emulator. A lot of tools and random things from Amazon are still the same price.
But the house I bought was double what the one was in 2018. The car I haven't bought would be up 50%. Insurance costs are way up. Phone bill is the same.
Groceries are way up in general, certain things like meat basically doubled but Yogurt and cheese is still about the same price. Junk food like soda, cookies, and chips are double (thankfully I don't buy much). Potatoes, onions, peppers are still the same price.
This seems to me unlikely to lead to famine. We'll need to adapt, because farmland is moving, but we'll have a lot more food, not less.
https://www.bls.gov/charts/consumer-price-index/consumer-pri...
1. Seed prices - there is a lot of patented GMO stuff in circulation and pricing around that.
2. Farm equipment - bigger equipment, more sensors and computers, higher costs (even around fixing things)
It would be great if there was some investigative reporting that covered all the angles.
[0] https://www.npr.org/2025/08/15/nx-s1-5500523/when-our-inflat...