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Frogkey

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05/08/20

22:46

Post #: 46332965
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Originally posted by sydneyguy: ↑

mate have nt you experienced any inflation since qe?

I know they report it as low but it’s definition and calculation is a crock

personally it pisses me off how fast prices have been rising around here

coffee is 5 dollars now from 3 , cup is smaller and there are tap charges
Tolls on all the roads around here have more than doubled
Health insurance upski and less benefits
They charge 9-10 bucks a beer plus tap charges now-
Flights were up big since- bit since pandemic up more
Taxi costs here are nuts
Hotel charges huge
Groceries up and shrinkflation everywhere
Courier fees up 100 percent easy in a decade
Postage up
Mobile phones - up 2 2k
Rates , parking metres - school fees
Public transport - shsssh
Hired a sparky or plumber? - shssh brain surgeon rates
Home delivered food - wtf- annoys me

ok so they take out fuel oil and anything else in the basket to suit

the lost of prices going up big in my world is long- ok some tvs came down but it is still possible to pay 6 k for a fridge or 20 k for a tv

hyudais down for some apparently to 1994 prices but cars in the main way more expensive - some lossy Benz is 90 k- had a mate show me a ute quote no tray and it was 89 k

everything up - been annnoying me for years but maybe I’m the only one- personally I think real inflation has been skyrocketing for years

more amazing is USA- 2 percent core inflation target- was over it for 9 months out of last 12 ( I posted it for you before) fed said - no inflation- nothing wrong and Then cut rates

rates - real rates when you deduct real inflation- transaction fees, account fees and fact the majority receive no interest whatsoever on there transaction accounts is much worse than reported imo

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Yes, it’s a scam how they calculate inflation.

A big factor is that if a product improved through technology, then you are taken to have more purchasing power. Eg. if a computer is double the speed but double the price, then in the eyes of inflation it hasn’t gone up (even if the cheaper inferior model is no longer available).
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