What changes have you made due to inflation?

[QuarterMillionMan]

Ha-ha with the yawn. A lot of the members here can afford to pay $12 for a single Big Mac but some of the less fortunate may have to settle for a happy meal instead. Or force some to skip McDonald's all together and resort to home cooking which wouldn't be a bad thing. It's been years since I ate at McD's or any other fast food joints because it is so unhealthy. A big Mac has 40 grams of fat.

[ua_guy]

Ha-ha with the yawn. A lot of the members here can afford to pay $12 for a single Big Mac but some of the less fortunate may have to settle for a happy meal instead. Or force some to skip McDonald's all together and resort to home cooking which wouldn't be a bad thing. It's been years since I ate at McD's or any other fast food joints because it is so unhealthy. A big Mac has 40 grams of fat.

We're over $18/hr minimum here and a Big Mac is still in the $5 range. Not sure from where you get your Burgernomics, but something doesn't smell right.

[QuarterMillionMan]

You're right. I hadn't stepped in a McD's in years so my mind's inflation skyrocketed. It is $5.17.

[QuarterMillionMan]

California-based 99 Cents Only Stores is closing down, citing COVID, inflation and product theft (msn.com)

It is sad that they had to go out of business but I predict this is just the beginning.

[disneysteve]

California-based 99 Cents Only Stores is closing down, citing COVID, inflation and product theft (msn.com)

It is sad that they had to go out of business but I predict this is just the beginning.

The problem with the dollar stores is that there was only so long they could continue to maintain that business model. Even with modest inflation of 2-3% annually, they had to know it would get harder and harder to meet that price point and maintain an adequate flow of product with a good profit margin. Dollar Tree finally gave in a while ago and upped their base price to $1.25 as well as adding a section to the store for items that cost more than that.

I’m amazed they’ve lasted as long as they have. According to an inflation calculator, $1.00 in 1986 when Dollar Tree started would be $2.83 today.

[QuarterMillionMan]

.99 Cents Only stores were one of the true .99 cents stores with nothing over .99 cents, until COVID 19 hit then they started to include items a lot over .99 cents which I liked it that way and I could buy $5 or even $10 items. When it was only .99 cents most of the items were junk stuff. They should have put .99 cents items in the back corner and sell more expensive items throughout the stores. Oh well, that ship has sailed already.

[QuarterMillionMan]

In Los Angeles just now I paid $4.99 a gallon cash price, credit card is $5.09 a gallon.

[QuarterMillionMan]

Here we go. California is now excluded along with HI & Alaska. KFC has a Tuesday special 8 pieces for $10. When I tried to place my order online it keeps saying $22. When I click on the terms and conditions it says CA excluded. Hum, I wonder why? Is it because minimum wage is $20/hr for fast food workers?

[QuarterMillionMan]

[kork13]

Here we go. California is now excluded along with HI & Alaska. KFC has a Tuesday special 8 pieces for $10. When I tried to place my order online it keeps saying $22. When I click on the terms and conditions it says CA excluded. Hum, I wonder why? Is it because minimum wage is $20/hr for fast food workers?

Alaska & Hawaii at least are almost always excluded from specified-price promotions, because everything costs at least 50% more to get shipped up there. Welcome to the suck, California! They do it to themselves.

[LivingAlmostLarge]

sigh and no coupons work in Alaska and Hawaii either

[QuarterMillionMan]

Crazy times we live in from free hotels to student loan forgiveness, etc. And we wonder why all this inflation?

[ua_guy]

Just pretend the student loan forgiveness is a tax break for the rich, which most of us didn't receive or care too deeply about, either.

[disneysteve]

Just pretend the student loan forgiveness is a tax break for the rich, which most of us didn't receive or care too deeply about, either.

I read an article the other day that said that colleges in the US are closing at a rate of about one per week. Often those closures come with little to no notice, leaving the students stranded. Because the schools have often lost their accreditation prior to closing, credits already earned may not be transferable to another school. If someone was in their first semester, maybe not a huge deal, but lots of students are in their 2nd or 3rd or even 4th year close to graduation and suddenly no school, no degree, no transferable credits, and a bunch of student loans. They may not have the means to start over from scratch. Every single one of them deserves to be compensated with loan forgiveness. They held up their end of the bargain but didn't get what they paid for.

Think about people like that when you are criticizing loan forgiveness.

[ua_guy]

I read an article the other day that said that colleges in the US are closing at a rate of about one per week. Often those closures come with little to no notice, leaving the students stranded. Because the schools have often lost their accreditation prior to closing, credits already earned may not be transferable to another school. If someone was in their first semester, maybe not a huge deal, but lots of students are in their 2nd or 3rd or even 4th year close to graduation and suddenly no school, no degree, no transferable credits, and a bunch of student loans. They may not have the means to start over from scratch. Every single one of them deserves to be compensated with loan forgiveness. They held up their end of the bargain but didn't get what they paid for.

Think about people like that when you are criticizing loan forgiveness.

You know my views...I'm all for student loan/bad debt forgiveness for the future economic value alone. But I also empathize with the situations like you describe. To blame inflation on this is incorrect. We all know where inflation came from and the spending that caused it and it wasn't this.