Meat should be “too” expensive for daily consumption
Maybe, but that should be due to removal of subsidies and banning of factory farms, not rampant inflation.
…are you under the impression that this is restricted to meat?
…are you under the impression that straw man arguments are effective?
Not even close to what straw man means
are you under the impression that the OP picture includes flax and machine parts?

This is an extremely monkey’s paw post if I’ve ever seen one.

(I tend to agree that meat is too cheap and has many externalized costs that we all bear, though.)

Fuck off, humans have been consuming meat for our entire existence
Something isn’t ‘right’ just because we’ve been doing it for a long time. We have the knowledge and tools now to improve ourselves.
okay v*g*n.
Enjoy your bowl cancer and odor
It’s okay, you are allowed to say vegan on the internet. Just don’t show your parents if you’re worried about them seeing it.
Right? Slavery was common for a very long time. People used to just dump shit in the water in early cities and cause cholera outbreaks. Lots of old practices are no longer done for good reason

Yes, but it was never daily until a couple of decades ago.

Before you had like 3 meals a week with meat.

How much meat so you believe humans have been consuming for most of that existence?
Pretty weak argument, that. Humans have also been murdering, raping, and enslaving other humans for our entire existence.
*insert Thanos balance meme*
They use a “basket of goods” that conveniently has nothing to do with how real people actually live.
According to our studies: accordion straps, horse shoes, goat bladder, those antenna from old TVs, and musket shot prices have all remained stable! Inflation solved!
braidon save the big piece of tv antenna for your father
You joke but musket shot ie. Soft lead is actually up as well.
Boil the tap water and profit!
They use chained CPI too, which accounts for “the consumer adjusting their purchasing”. It literally bakes in the concept of enshittification.

You see, inflation is not in fact up, because if you replace your steak dinners with ground beef, you will be spending just as much as before!

If retirees replace beef with beaf, social security will save millions! That’s fiscal responsibility.

It’s The Jungle all over again. History sure rhymes.

Hedonics is a whole fucking thing… I… I dont wanna talk about it lol.

What I can briefly mention is that uh…yeah, recently?

Well, there have been budget cuts to the orgs that actuslly do the price surveys… so a growing number of econ data dorks suspect that… we are now up to roughly 1/3 of individual items in the CPI being calculated by… imputation.

Which is more or less a fancy stats way of saying ‘we were not actually able to count this so we are just gonna assume it stayed the same.’

This is why you really shouldn’t underfund or fuck with the people that produce some of the most important numbers in a financialized market economy, but oh well I guess!

I used to love me some new York strip ☹️ I can do some amazing shit with chuck roast these days tho.

Honestly, chuck is great. I’m cutting weight, and trying to maintain muscle mass. I just make a big roast, portion it out into 180g servings (50g protein each), and make poor man’s steak sandwiches out of them. It’s generally tender, and not bad at all.

That, and you can use it for high protein stews etc.

Go to Texas Roadhouse. You can get a strip for under 30 bucks and sides. Somehow their prices are still reasonable.
National restaurants buy ingredients in massive volumes at a steep discount compared to grocery stores and even butchers.
Makes sense. Still a good deal because they are the only chain steak place that cooks them properly.
yeah the high end restaurant, Fallow, in the UK made a video on how they are able to make a profit on beef. Basically, they buy whole sides, butcher it in house, make all the beef dinner something people expect to pay extra for, but keep the price within reasonable expectations.
That’s bullshit because grocery stores buy them in larger bulk and should be cheaper. The whole idea of cooking at home is supposed to be cheaper and it’s the labor you pay for at a restaurant. How have we swung completely backwards to where a restaurant is cheaper than cooking at home?

Grocery stores don’t sell as many steaks in a day as a busy steak restaurant does. They also sell all of the other parts of a cow and have competing food items for sale as well. Plus they pay their staff higher wages because they aren’t tipped and have other overhead costs that impact all of the things they sell.

Restaurants are all about quickly moving a comparatively smaller number of items as quickly as possible. That means they buy specific types of things in bulk and have lower costs to get them to the customer.

People need to learn that when they hear ‘inflation is down’, it doesn’t mean things are getting cheaper, it just means that the increase in cost is slowing down.

Is it a psychological tactic that news media is using to make consumers more complacent? Who knows. But, whenever I hear someone mention that phrase like things are improving, I die a little more each time.

“Inflation is just supply-and-demand when you think about it.”
Yes, vut with the supply being almost literally just a printer. Typically 2% inflation are intentionally targeted to prevent deflation (which is also not good).
Not really… The economy is more and more controlled by a hand full of large multinationals. So if one corporation has 90% of the market (using different brand names to fake competition), they can raise the price far beyond just supply and demand. In the end we all need food and Healthcare etc. When you have the option of paying way to much (for some medicine) or dying, you can’t really say no, right.

And shelter, which developers, slumlords, and property management companies would be more than happy to see doubled every decade.

If you include necessities beyond just what is needed to not end up dead, we also have:

  • Electricity
  • Sewage and waste disposal
  • Personal transportation (in North America, where suburbs are sprawling and transit is inadequate)
  • Phone or internet (needed for employment)

There are plenty of places where the average person has no choice but to get bent over and fucked by profit-seeking corporations.

if inflation made my paycheck go up, that’d be great. As it stands I have a LOT less buying power and my industry is waffling so I’m only seeing 2% increases for years.
It exists. In Belgium and I think also Luxembourg inflation in prices of common consumer things automatically triggers wages, unemployment money, pensions to rise too. For most jobs it triggers when it hits 2%. Life got 2 % more expensive, wages rise 2 % a few months / a year later. Using a basket of consumer prices, excluding things like fuel, alcohol, tobacco prices
Heh I stopped in Belgium years before the Euro money conversion, chill place. I remember going to an atm to get some local currency to shop and the options were something like 1000, 5000, 10000. It was pre smartphone so I had no idea what the conversion was or what to choose. So I just hit something in the middle and had WAY too much money to buy some fresh fruit and chocolate.
Yet they still manage to fuck us over by “jumping” an index. 2% may not seem much now but compounded we lose a lot over the years
You (and every step angle other employee at your company) should be demanding AT LEAST an inflation adjustment every year from your boss.
Sure, but to only get told there is no budget now and it will be re-evaluated next year
Which is the point of having the rest of the employees behind you, no raise, no work.
In other countries EVERY index gets jumped unless they successfully negotiate/strike for the raise. Yeah, jumped index sucks but it was still a rather occasional thing. There’s been only 4 I think, 3 times in the eighties, 1 time in 2015…
The inflation figure is an annual figure though. It means things are 2.7% more expensive than they were last year. OP is showing an example nearer 60%.
It’s actually showing 47%. The price is based on pounds which increased from $10.99 to $15.99.

Since it’s from April to August, it’s actually showing 31% annual.

And since a sample size of one, and the location is redacted (could be comparing Texas with NYC or Hawaii) it’s showing nothing.

And meat prices are factored into a CPI I presume.
I think OP is trying to demonstrate how useless CPI is as a measure.
Inflation isn’t based on the cost of a single thing. You’re confusing it with stocks.
The Titanic is sinking slower! HORRAY!
Tactics like this can be used because the education system has gotten so bad that people have terrible critical thinking skills.
They want us smart enough to push the buttons and pull the levers, but dumb enough to not realize how badly we’re getting fucked.

How it feels when headlines celebrate that inflation is down:

Celebrating the discontinuance of something bad happening… isn’t that weird.