Obviously prices are higher. Have you noticed, though, that sizes are shrinking?
I love chocolate, paricularly Dove milk chocolate. A bag of it was $5.87! AND, when I pulled it off the shelf the bag was puffed up with air, and there were 10 pieces inside. I remember beingable to buy a bag for $3.50 and there were 26 pieces in it.
I put it back. I just couldn't do it.
Now, chocolate is a dumb example, I realize. The same thing is happening to everything. Here's the good news: smaller packages means you can store them more easily as you stock up before prices go hyper-crazy. And, another positive thing: it might be a good time to break some bad habits (such as not buying the chocolate, for me).
One last thought: the smaller volumes is a sneaky tactic, and many people will not understand the double-whammy and will go through their grocery money way too fast. Credit card debt will spike, but so will crime. Keep extra vigilant.
i remember when a two pack of twinkies was 13 cents.
.23 for a loaf of bread?
Burger Chef and McDonald hamburgers were 15 cents, so were the fries and shakes!
imagine if there was no minimum wage and taxes were capped at 5% -- based on consumption and not earnings. We would be sooooooo much wealthier as a nation! The obsession with money and material things would be less pervasive (always there, of course) because the ability to earn enough for simple living would be greater.
I never saw any snacks back then with odd prices. They were always 10, 15, 20, 25 cents on up. It really hurt when candy bars doubled from 5 to 10 cents. You could get a loaf of bread for 10 cents when I was younger.
It's sad what has happened since 1913. I hope that when central banking fails and we go back on the gold standard, they will redo the currency 100 to 1 so prices will go back 100 years. BTW, whenever currencies have been revalued in the past, they didn't bother with coins. That means whatever coins you have would suddenly have 100 times the purchasing power. Needless to say, I have a crap ton of change saved up just in case. If that doesn't happen, there's still the increase in the melt value of the metal.