451–460 of 918 posts
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I'm riding my bike a lot more to get places, rather than just for recreation; and it seems this is true for many around me as well.
But when you think about it, what’s the benefit of driving? For reasonably short drives you don’t save much time with parking in cities and you don’t get any exercise.
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£0.03/kWh to £0.18/kWh. Yes the number overall is tiny - but it still means that whatever I used to spend on heating/hot water, is now 6x higher.
Damn what tariff are you on? My gas is currently 7.34p/kWh with Octopus.
Great. All I know is I'm trading a lot more time for money this year. Way less takeout, avoiding toll roads unless it saves at least 30 minutes, fewer streaming services (will renew on a show-by-show basis), and food is getting so crazy I might start going to multiple stores to try and save money instead of my one consolidated trip to Wegmans. I'm also stuffing my freezer with meat and have a year's supply of non-per…
If you live in the USA, a Costco membership is very worth it.
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I don't think anyone serious is taking this as anything more than mildly encouraging.
Since the baseline fear level was "inflation will keep going up and the Fed will keep raising rates, sending us deeper into a recession in the process", this seems extremely encouraging. If inflation has peaked and is starting to fall, we will get out of this much less painfully than prior recessions.
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I'm riding my bike a lot more to get places, rather than just for recreation; and it seems this is true for many around me as well.
I'm planning on getting a bike to commute to work. I don't have a car right now and also don't really want to buy one because it's a huge expense. My only regret is that it's much harder to get groceries with a bike so I might end up walking instead for that.
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Careful with that last line. Toward the end Trump was making some serious moves towards not accepting the outcome of the election, and the idea that the election was "stolen" is still the going line in Trump circles. Say what you will about the Biden administration, at least it's not threatening to burn the house down out of spite.
Not to mention Stacy Abhrams in 2018 and Clinton in 2016 saying the election was stolen from them.
Not accepting elections and claiming elections were stolen is quite bipartisan.
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The issue has to do with the harvest coming up. The next harvest will come from fields with less fertilizer and higher fuel prices. We can expect corn prices in the fall jumping significantly. Next year will even be worse, we are using a fuel reserves now and fertilizer will still be an issue (unless peace is made with Russia). I’m expecting a significant increase in the next 2-3 months then again in 15-16 months.
Don't futures cover the cost of most of this stuff?
Unless they just redefined inflation. I'll believe it when the prices stop jumping. Also, given that the government is ultimately responsible here. And we pay taxes to the government. You'd think they might cut us some slack on that. Having fucked up and all.
Some random things I've noticed in my personal experience during the last few weeks that are inflated at way above 8.5%: Gasoline (gallon) - 3.00 last summer, 3.75 today (25% increase) Towing a Car (~50mi Round Trip) - 125 last summer, 350 today. (180% increase!) Bag of Dorito's - 4.50 last summer, 6 today (33% increase) Can of Spray Paint - 4.25 last Summer, 6.50 today (54% increase)
It's so much worse if you compare it to ten or fifteen years ago. Or even five.
2022, a $100 shopping cart may still have space left before you have to start stacking things. More like $300-$350 if you fill it up.