I was thinking of how the US is on par for hyper inflation 6% this year 5% last year and has been doing this since bush in 2001. I realized this when:
Eggs at supermarket normally 0.79 (at some shops or all shops last years) with in last three months they are 2.79-3.00
allergy pills normally 3.99 now 8.99-10.99 over two years
I used to be able to forecast grocery store prices by looking at the cost of diesel fuel and seeing the price go up and a month later food goes up. then diesel goes down and price drops. Now diesel goes up stores go up then diesel goes down and price stays high at stores. (perishable items have the most price flux)
Im 2000 we build an entire 3 bed room 2 floor with basement house from home depot: Not some shanty but a proper 2000sqft 3 bed 2.5 bath carpet granite counter tops the whole nine years hard wood floor down stairs. ALL from nails to sheet roch to 2x4's to plumbing to wiring to fixtures to appliances cabinets paint siding shingles drive way and grass and bushes ll from depot. Only thing we did buy else where was the carpet because depot didn't carry high enough end Capet. store didnt sell the higher quality we needed. That was sold for 60% profit built in 9 months from a plot of forest with a two car garage basement in rocky soil. By a bunch of (
high school kids board over one summer. We did manage to borrow a back hoe to dig it out from a friends dad and took a tech school classed on wiring to get it up to code and had a friends dad certify it. We sold for like 300K!
Today at depot yeah right! they sale 0.75 fasteners for 5.00 and the whole store is like that. You could do an edition on you house and do all the labor yourself and make off but not doing that from profit anymore.
Eectronic stores selling 5$ hdmi cables for 50 bucks. Target sell form injected plast cubes for 5$ that cost less then 0.1$ to make.
Hyper inflation sort of but different in that it caused by wall street instead of the fed.
EVERY store here in the US is like this. Are all the other countries following suit?