this post was submitted on 15 Aug 2025
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[–] explodicle@sh.itjust.works 7 points 4 days ago (2 children)

The purpose of a system is what it does. Inflation isn't just temporarily malfunctioning - it's a transfer of wealth from the poor to the rich.

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[–] Microw@piefed.zip 6 points 4 days ago (14 children)

If you take the timeframe between these two photos and apply a monthly inflation rate of 2.7, you would land at 70,5$ for August 2025. Now obviously either the inflation was higher in some month in between, or the vendor just hiked the price. But the general drift is correct.

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[–] Meron35@lemmy.world 4 points 4 days ago

As much as it fun to rag on supposedly out of touch economists, this "cheapflation" phenomenon is very documented and accepted among mainstream economists. Like many others in the public sector, government economists have been calling for more suitable and timely measures of inflation for decades, only to have their requests for more funding and support denied as the public service falls apart.

Price discounts and cheapflation during the post-pandemic inflation surge - ScienceDirect - https://www.sciencedirect.com/science/article/pii/S0304393224000977

[–] homesweethomeMrL@lemmy.world 5 points 4 days ago

That’s right . . . Big smile . . . Eeeeverybody’s happy . . .

[–] surph_ninja@lemmy.world 3 points 4 days ago (4 children)

That’s not “inflation.” That’s tariffs. And it wasn’t “inflation” under Biden. It was price gouging.

Fuck, I wish some of y’all would read a book once in a while.

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[–] jerkface@lemmy.ca -1 points 2 days ago* (last edited 2 days ago)

Meat isn't food, it is a luxury good made by refining mountains of actual food through the body of a vulnerable individual. Of fucking COURSE it's expensive. It's been cheep for decades because you pay for it in your taxes and I'm fucking sick of paying so much money so you can have cheap meat. Fucking deal with it.

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