Looking forward to the day where we start printing 1000$ bills again.
Dollar Tree says US$1.25 price point to become new standard
191–200 of 341 posts
Re: Dollar Tree says US$1.25 price point to become new standard
#192Earlier quoted context omitted.
And now globalization has equalized global workforces with purchase and compensation parity. Costs must rise. Money is to be made on trade and labor cost deltas, but those eventually, almost thermodynamically, equalize.
That's one thing. Also, China is no longer buying US treasuries, which for a long time contributed to reducing US inflation via underpriced imports.
Re: Dollar Tree says US$1.25 price point to become new standard
#193I don't think that people in this thread appreciate how prevalent grocery shopping in dollar stores is. In the US, half of shoppers buy groceries from a dollar store. They do it because it's literally all they can afford anything else. There are more dollar stores than Walmart, Starbucks and McDonald’s combined. "Kyle Dishman can’t afford to shop at the local grocery store anymore. Instead he goes to Dollar General,…
Re: Dollar Tree says US$1.25 price point to become new standard
#194Earlier quoted context omitted.
> deeply unsettling Care to elaborate? What about the logo makes you feel this way?
it's those beady little °s
Re: Dollar Tree says US$1.25 price point to become new standard
#195Earlier quoted context omitted.
His Chrysler 300? This thing Wikipedia describes as a V8 powered “full-size luxury car”? https://en.wikipedia.org/wiki/Chrysler_300
In no world is a Chrysler 300 a luxury car.
Re: Dollar Tree says US$1.25 price point to become new standard
#196Re: Dollar Tree says US$1.25 price point to become new standard
#197I don't think that people in this thread appreciate how prevalent grocery shopping in dollar stores is. In the US, half of shoppers buy groceries from a dollar store. They do it because it's literally all they can afford anything else. There are more dollar stores than Walmart, Starbucks and McDonald’s combined. "Kyle Dishman can’t afford to shop at the local grocery store anymore. Instead he goes to Dollar General,…
Isn't that the motor oil that's not rated for cars after the mid-80s or something?
Re: Dollar Tree says US$1.25 price point to become new standard
#198Earlier quoted context omitted.
Not necessarily, let's say it's a 2008, you can easily find 300 junkers now worth almost nothing.
Are these any good? I might need a car on the cheap soon.
Re: Dollar Tree says US$1.25 price point to become new standard
#199I don't think that people in this thread appreciate how prevalent grocery shopping in dollar stores is. In the US, half of shoppers buy groceries from a dollar store. They do it because it's literally all they can afford anything else. There are more dollar stores than Walmart, Starbucks and McDonald’s combined. "Kyle Dishman can’t afford to shop at the local grocery store anymore. Instead he goes to Dollar General,…
> They do it because it’s literally all they can afford anything else. Dollar stores very often aren’t cheaper than other sources for similar products especially for grocery items (which they tend to have very limited selections of.) People that shop for groceries at dollar stores do it because: 1. They shop for other things at dollar stores (either for price, or for reason #2, or because its the only place close by…
4. They only have a dollar.
Yes, it's cheaper by the fluid ounce to buy a barrel of Pine-sol at Costco. But if you have $100 for groceries and household expenses this week, you'll pay more per ounce to minimize the cash-flow problem.
Their cash-flow constraints and cost of credit both prevent them from economizing. That is how most Americans shop.
Re: Dollar Tree says US$1.25 price point to become new standard
#200Earlier quoted context omitted.
That's one thing. Also, China is no longer buying US treasuries, which for a long time contributed to reducing US inflation via underpriced imports.
So what are they doing with the extra US dollars now?