February 2, 20214 yr 9 minutes ago, Dave Moss said: Every commodity has a certain price where you start looking at alternatives. Not sure how often you grocery shop, but just as an example the meat aisles have started filling up with plant-based food. also, do you read Michael Pollan? Seems like a guy who would be on your wavelength (somewhat) How often do you think I go grocery shopping? Instacart for us. Which I have no idea how to use - that’s what a wife is for. During the beginning of the pandemic, I needed eggs. I ordered 2 dozen eggs on Postmates and paid like $20 with all the fees. That is the last time I can recall buying any grocery product.
February 2, 20214 yr 23 minutes ago, vikas83 said: How often do you think I go grocery shopping? Instacart for us. Which I have no idea how to use - that’s what a wife is for. During the beginning of the pandemic, I needed eggs. I ordered 2 dozen eggs on Postmates and paid like $20 with all the fees. That is the last time I can recall buying any grocery product. I have no idea how often you go. I have 4 people in my family so I’m at the store 3 or 4 times a week. I tend to shop at stores where middle to upper class people shop so I’m not that price conscious to be honest. Is this what you’re like at a grocery store?
February 2, 20214 yr 4 minutes ago, Dave Moss said: I have no idea how often you go. I have 4 people in my family so I’m at the store 3 or 4 times a week. I tend to shop at stores where middle to upper class people shop so I’m not that price conscious to be honest. Is this what you’re like at a grocery store? Pretty much. I might have gone to a grocery store 3 times a year before the pandemic, to get one item at the request of the wife. I have zero clue what food costs. Just looked at my Postmates order history. $28 for 3 dozen organic eggs.
February 2, 20214 yr 2 minutes ago, vikas83 said: Just looked at my Postmates order history. $28 for 3 dozen organic eggs. Eggs cost anywhere from 99 cents to 6 or 7 bucks for a dozen in a grocery store. I usually look for the USDA label, but that’s always going to push up the price. Fun fact: an item can be sold as organic, but not necessarily be USDA organic. Figure that out...
February 2, 20214 yr We’re talking chicken prices again? Where’s Munson?!?! His mom is going to let him post the receipts on his $20 per lb chicken any day now!
February 2, 20214 yr 3 minutes ago, TEW said: We’re talking chicken prices again? Where’s Munson?!?! He’s banned from the EMB 4 lyfe!!
February 2, 20214 yr 6 hours ago, we_gotta_believe said: I don't know that's there's an easy answer but a good first step I'd like to see is more personal finance classes/subject matter being added to high school curriculum. I remember getting the basics, but in hindsight, we probably should've gotten more. They have them (at least here anyway). The problem is they are offered as electives. Who CHOOSES to take those classes? Usually the smart kids with a sense of direction and maybe some that have influence from their parents.
February 2, 20214 yr Author 2 hours ago, Dave Moss said: He’s banned from the EMB 4 lyfe!! Go ask him how much he pays for chicken in 2021 and report back please.
February 2, 20214 yr 15 hours ago, EaglesRocker97 said: So if it feels like you're working harder for less money than your parents' and grandparents' generations, that's because you are. The above is a quote from the article you posted. I'd just like to point something out. Just about every single product today costs less to purchase than it did 50 years ago, with a few major exceptions. Healthcare, education, and housing. The three big items that government is heavily involved in trying to "manage" the cost of to make it "affordable" for everyone. The only reason it feels like you're working harder for less money than previous generations is because government policies have resulted in the inflation of prices of the 3 items listed above. A higher % of your hard earned money has to go towards paying for your healthcare, for your education, and for your housing than previous generations all thanks to government trying to step in and "fix" things. The other problem is people also making bad decisions. You ever listen to the Dave Ramsey show? I highly highly recommend it. He's been helping people manage their money and get out of debt for over 20 years. And the stories people call in with sometimes are incredible. Taking out $200,000 of school loans for a job that pays $60-70 grand a year. Someone who makes $75,000 a year buying a car that costs $45,000 and only putting $5g down with an interest rate of 10%. And unfortunately, these aren't outlier stories. In 2019, the average car payment was $545 a month with an average interest rate of 6%. 1/5 of the outstanding auto loans today are subprime loans. People are buying things that they can't afford.
February 2, 20214 yr 9 hours ago, we_gotta_believe said: You bring up a valid point. If an idiot like you can figure it out on your own, then anybody can. I retract my previous statement. Its not actually difficult. You just have to look at what successful people do and learn from it rather the envy it our of foolish pride i do recall almost starting a riot at thanksgiving one year when i made a statement against labor unions...my grandfather was westinghouse and my uncle was boeing lol...
February 2, 20214 yr 10 hours ago, EaglesRocker97 said: Lol. I just paid something like $3 for a single bell pepper the other day. For the same amount of money, I could've purchased 1000 calories+ off the dollar menu at McDonald's. I'm not saying some of it isn't bad habits being perpetuated, but price is definitely a factor. I'm not sure that I have all of the answers, but if we can create new tech. and manufacturing processes and train new generations of people to perform the manual labor needed to produce/service them, that seems like a solid route to go. You'll probably laugh, but green energy comes to mind as a way to at least down the line grow the economy by opening up manufacturing. Unskilled labor is worthless, you're correct, but we used to have ways for the general population to acquire skills either through apprenticeships or on-site training in the manufacturing sector. Now those jobs have been outsourced, and I agree that they're not coming back. So, the question on my mind is, how can we corner the market again in this way? I mean, I think I half agree with you. In the internet era, your typical "revolutionary" is a basement-dwelling dweeb, but we've seen how the mob can coalesce pretty quickly and without warning. Look at what happened on January 6th. For a rabble, they were surprisingly well-coordinated, unified, and motivated. We might not be so lucky the next time around. Peppers can be had for 99 cents on sale. Feels like we are back to munson being a moron paying 6$ a pound for chicken... Corner the market? You want to bomb china?? Lol. Vikas already showed you the period you are using as a reference is the historical outlier. Other nations will follow anything we do very fast and undercut the costs. Its not as if we have some unique resource we can leverage. infrastructure will get money (invested put in front of that last year) but again thats just govt debt and feeding the net drain longterm. Thats maintenance not investment.
February 2, 20214 yr 4 minutes ago, ToastJenkins said: Peppers can be had for 99 cents on sale. Feels like we are back to munson being a moron paying 6$ a pound for chicken... Definitely no bell peppers for $.99 around here, and it's an item that's rarely on sale. No one pays $6/lb. unless, like Dave said, it's organic, but that also shows that the only way you get cheap meat is factory-farmed, hormone-injected crap that likely...makes people fat/unhealthy.
February 2, 20214 yr Nope you can a healthy whole chicken for a buck a pound most of the time. Might take two hours to cook but again stupid people dont plan and want the easy quick thing. organic is a giant scam and cheap meat is not making people fat. Bad decisions and lack of exercise make people fat
February 2, 20214 yr 12 minutes ago, ToastJenkins said: Corner the market? You want to bomb china?? Lol. Vikas already showed you the period you are using as a reference is the historical outlier. He didn't need to show me, I understand that. I'm saying we could theoretically create those conditions again in peacetime if we innovated and protected those innovations. If there was maybe one thing Trump was realistic about, it was China's theft of intellectual property. Create new tech., new productive processes, new managemen methods, etc. At least I'm throwing ideas out there instead of saying "We'be peaked; we'll never be an economic power house again." Have some ambition... 12 minutes ago, ToastJenkins said: Its not as if we have some unique resource we can leverage. True, but maybe we could if we focused on innovating.
February 2, 20214 yr Lol, innovation is a unicorn? Invention and ingenuity are unicorns? What a sad outlook to have. I guess the dream really is dead. Infratstructure should be a no-brainer: we need it, the economy benefits from it, and if we did something like, say, built a highspeed rail network, it would create mIllions of new jobs AND spur development of towns and cities along the routes.
February 2, 20214 yr innovate what exactly? you are talking about hope. hope is not a plan. you need to be specific. i work in life science R&D. people have no concept how hard it is to develop a gene therapy. and even then who is going to pay millions for it? infrastructure i already covered. thats just spending. there is no ROI. its repairing your car. depreciating assets. high speed rail? you mean the Springfield Monorail lol...do you have a single idea that is in anyway creative or new? these are all old left talking points. mass transit is a terrible investment. i'll give you one - change medical care so NPs can do primary care - you dont need MDs to prescribe antibiotics and give shots anymore. instead of subsidizing demand, recognize that many of the services have reached the level of being commoditized. but who opposes this? oh...right...the MDs. subsidizing demand is almost always a foolish move. get off that idea.
February 2, 20214 yr 1 hour ago, ToastJenkins said: Nope you can a healthy whole chicken for a buck a pound most of the time. $2.50 here. Just checked my fridge. And that one is from Aldi which is generally cheaper.
February 2, 20214 yr I've said it before and I'll say it again. If you know how much you're paying for chicken, you've failed at life.
February 2, 20214 yr Author Hell, even in Stockholm which is an expensive city and has large VAT the price of a lb of frozen chicken is only about $2.80 in the city. Just now, vikas83 said: I've said it before and I'll say it again. If you know how much you're paying for chicken, you've failed at life. Or maybe you just know how to google to find out when you are posting in CVON
February 2, 20214 yr 6 minutes ago, vikas83 said: I've said it before and I'll say it again. If you know how much you're paying for chicken, you've failed at life. Hey now that's age/situation dependent. When I was a resident you're damn right I looked at home much my chicken cost. Now not so much.
February 2, 20214 yr Author 2 minutes ago, DEagle7 said: Hey now that's age/situation dependent. When I was a resident you're damn right I looked at home much my chicken cost. Now not so much. True. I don't think I've looked at the price of chicken for 30 years.
February 2, 20214 yr 2 minutes ago, DEagle7 said: Hey now that's age/situation dependent. When I was a resident you're damn right I looked at home much my chicken cost. Now not so much. When I was in I-banking out of college, I never bought any groceries. All meals were at the office, so no point. After leaving banking and going to the buyside, I lived alone for one year before my wife moved in. So...I got delivery for a year. I honestly don't think I've ever purchased chicken from a grocery store in my life.
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