I mean, I could handle the prices going up if wages went up in equal proportions.
Not only could you handle it, it's actually beneficial. Inflation - if matched with equivalent increases in wages - eats away at debt over time, because your debt is locked in at the point where you take it on, but your buying power relative to that debt continues to increase.
Our enemy is not inflation. Inflation can be our friend. Our enemy is stagnant wages that no longer rise in step with productivity.
Everyone needs to see this graph and really understand what our problem is.
and stagnant wages are a product of capitalism’s profit over people mindset.
the problem is capitalism and it needs to go.
Let's not forget around 1971 is when the USD got off the gold standard. This allowed the US to print more money and that surely never caused any problems.
but then how would you move money from down here to up there?
I know there are more important things to say about this receipt, but since everyone has already said them:
Wow, look at that receipt. So simple. Actual ink on actual paper. No coupons on the back. And one line per item. No “price - savings = real price!” bullshit or anything else. I long for that kind of simplicity in even the little things in life.
This is why I use Keyhut for my POS. FUCK THE NEW SHIT!
I remember beans being that cheap, hell I remember a few years prior to that Tesco would sell them for less than 10p. Now it's like £1-£1.50 for a single tin
Something has gone very wrong somewhere
I remember 9p beans! Everything is ludicrously expensive now
I was about to comment I remember similar figures…was that knock off brand though?
actual inflation should be based on food prices. i think
That 84 pence Beefburger x4 must have been quite a sight to behold.
Made from 100% burger
"Beef" was the name of the horse
Seeing a receipt like this takes me right back…I remember collecting them when I was like 4, and my mum gave me one folded up so I didn’t want it.
Back then they called it a "grocery store". But we don't use that term anymore because it's old fashioned.
I've literally never heard anyone call it anything other than a "grocery store". I know of the word "supermarket", but I've never heard anyone actually say it in public in my 38+ years on planet Earth.
Yeah same. I'm referencing a Trump speech where he talked about "groceries" being an old fashioned word.
Are you tilting at their use of 'food shop'? Because that isn't being used in place of 'grocery store'
I'm riffing on Trump recently learning the term "groceries".
I remember how bad stores were then it was before celebrity chefs took over and stores started carrying more than the basics.
Except in the meat department. There were a lot more cuts of meat back then.
what does Lenorc’Trate go for these days?
About £5.50
We should redenominate the dollar. When you do this, you essentially create a "new dollar" or a "Dollar 2.0." You could make 1 new penny equal exactly to 1 old dollar. No currency is actually rendered worthless and no new inflation occurs. Just a relabeling to make things more convenient. Really this is the kind of thing we should do as a matter of course every century or so.
Is that specifically so Scotcheggsx2 can be 89p again? I’m on board with if it is.
This is literally one of the most highly regarded ideas you could have, economy wise
Up there with price controls, increasing minimum wage monthly by decree, increasing taxes just for the lolz, printing money to fund domestic spend and random companies expropriations
Look how it went for Venezuela, ArgentinaLMAO 🤣
I have no sides and I must KEK
so is there an approach you wouldn't dance around the R word to describe?
44c worth of sausage meat, what was that one patty?
