Not only have prices gone up, they've stayed up. They will never go back down. Products are smaller and more expensive so we're getting shafted 2x.
For the first time in my 40 years. I picked a tub of butter looked at the price and put it down. Picked up an olive oil bottle and put it down. I refuse to pay that much. These items aren't even 20%. We are talking 150%.
Finally someone who explained it correct
Now plot it vs wages.
Most people don't realize that when the media says "inflation is decreasing" what they mean is "prices are not rising as fast as they were, but prices are still increasing".
Inflation is like a flooded basement. While the rate of rise may slow, your basement remains flooded.
I'm 38 and I felt richer when I was 23. I used to go on little holidays back then and treat myself to smart clothes and smart trainers every once in a while. Not anymore. My wage just gets me through bog standard life and that's it. Any spare pennies I have I cling onto desperately because you never know what expensive curveball's coming next these days.
Yes. When you remember the prices 5, 6 years ago, you realize how screwed we are.
Finally a non gaslighting video about inflation
And here I am in Georgia (the country) seeing basic food items (think vegetables and chicken) rise 50-150% over the course of two years, while the official inflation figures are way below 20%
Exactly! They say inflation is back in its target range but ignore the fact that prices jumped up significantly before that!
Thanks for showing how I've actually been given a PAY-CUT over the past few years instead of a pay increase.
I just know that my food shop, electric bills and a lot more is all over a 20% rise. My receipts prove it. I wish it was only 20%
I remember in 2021 I used to do my monthly groceries for about 120-140 pounds,now I'd pay anything between 200-220 for the same stuff essentially.
We ALL know this. But, for msm news, this is actually very clear at helping people understand that we, everyday people, are STILL in a price crisis.
I know this is the UK, but this is a good clip that highlights why economists & companies say the economy is good but why polled American consumers say “No. No it is not.”
I have the same salary as 3 years ago. How fun!
supermarkets here got away with charging more during COVID and never went back to normal prices
Its not just about inflation. it's about how quality is going down, its about planned obsolescence for all of our everyday gadgets, its about shrinkflation, where we are getting less and less from our purchase. Its about desperate thieves making stores lock up common goods, so now it just takes more time out of our day to do the shopping because we need to find someone to get us the item. Its so many things that just keep adding up and up.....
@sp4rtavus244