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Originally Posted by Frank Lee
At the grocery- without actually comparing year-old receipts to today's- I'd say prices have gone up somewhere between 0 and 20, maybe 25 percent...
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Yes, that's in one year. Compare prices over ten years and tell me there is no inflation.
I can remember that ten years ago gas was $1 a gallon (or even less). Over the ten year span, the price has quadrupled. So tell me there is no inflation. People have short memories when it comes to prices. The older you get and the more decades you can remember, the more obvious it becomes.
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Kinda like gas prices, people are getting nutso and saying they'll lose their homes, won't be able to feed the kids, etc. and I'm like, yeah, if gas went to $10/gallon I'd have to fork over another $60 IN A MONTH.
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The ones hit the hardest are those who have to commute long distances to their work and have no alternative. They aren't nutso. You and I might be 'sitting pretty' but some are hit harder by price increases than others.