My personal inflation rate is 33.52%

The Wall Street Journal put together a handy little personal inflation estimator. You check off the boxes of the things you normally consume and they pop out an inflation number. If I was a more normal person that consumed more processed food, pop, beer & wine, and less meat...

Price of July 4th BBQ in 2022 up almost 21%

Remember when good ole Joe told us we were saving $0.16 on our July 4th BBQ in 2021? In case you don’t remember here’s the tweet. So, what is the story for 2022? According to a story in Marketwatch the price of your BBQ this year is up almost...

Why we suddenly feel the effects of inflation

Inflation isn’t something that just happened. It’s been happening. It’s been rising for decades and government has been misinforming the public. Since the Ronald Reagan Administration the U.S. Government changed the way consumer inflation is calculated. In fact, inflation has been above 5% consistently and probably close to 7%...

Economic professor suggests price controls to curb inflation

Talk about idiotic. How do these people get economic degrees, let alone a professorship in the subject, when they have nonsense ideas like price controls. Today, there is once more a choice between tolerating the ongoing explosion of profits that drives up prices or tailored controls on carefully selected prices. Price...

Venezuela is our future if we don’t stop the march towards socialism

Venezuela nationalized most of their big industries. Government pushed out the private sector in the name of equity and fairness for the people. The standard definition of socialism is “government ownership of the means of production.” When government takes ownership of the means of production, that is called “nationalization.”...

Higher wages… less purchasing power. The Biden inflation legacy

I doubt the $15 minimum wage promoters will understand that you can get paid more but make less in the end. I’m sure the Biden administration will print up more money to pass out. That’ll solve the problem. Real (after inflation) average hourly earnings have declined for seven consecutive...

Inflation starting to look a little sticky

I’m starting to lean towards the notion that this will not be a transitory inflationary period. If a federal $15 minimum wage comes to pass combined with further climate change regulations there is nowhere for costs to go except up. “In an environment where inflation continues to rise quarter...

Inflation infected my burger

Ivermectin war on Wikipedia, Jen Psaki is tone deaf, inflation is affecting supermarkets and my cheeseburger, and I travel to Chicago to visit my father....

Supermarkets stock up to protect profits from inflation

Nah, inflation isn’t happening. After all Sleepy Joe told us our 4th of July cookout cost us $0.16 less than last year. Sure, he ignored the 8% increase in cost over 2 years ago because it was inconvenient. The nation’s supermarkets also must not be living in reality. They...