Shopping at Costco last week vs yesterday...ground beef up 25%, $5/# when last week it was $4/#, so no purchase and regret not buying last week. Just one example, every single item I bought was higher than just last week. Vinegar has doubled. I think prices have risen far more than 13.1%, but maybe it's because I live in extreme democratic state. Gas prices are obscenely higher in poorer neighborhoods.
As I've expressed many times, the destructive influence of inflation comes chiefly in the inequities and distortions that arise as prices move unevenly.
Shopping at Costco last week vs yesterday...ground beef up 25%, $5/# when last week it was $4/#, so no purchase and regret not buying last week. Just one example, every single item I bought was higher than just last week. Vinegar has doubled. I think prices have risen far more than 13.1%, but maybe it's because I live in extreme democratic state. Gas prices are obscenely higher in poorer neighborhoods.
As I've expressed many times, the destructive influence of inflation comes chiefly in the inequities and distortions that arise as prices move unevenly.