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Same as in the UK, probably why they didn’t include us in the new increases.
Let's drag this off-topic subject to a new thread, yes?
https://forum.audiob.us/discussion/52151/how-much-is-too-much/p1?new=1
Or not, my state doesn’t even have a tax on goods.
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Absolutely yes.... just started making a BF list a few weeks ago.
That's a good state. Which one?
Major corporations have been recording record profits over the last several years.
Although it should also be noted that everything is more expensive due to a huge increase in inflation. In my area, everything is 20-40% higher than it was 2 years ago. Those profits aren’t as high as previously thought because the money is now worth even less.
What country do you live in? In the U.S. total inflation is nothing like 20-40% on everything over the last 2 years.
Valid point.
The last 3 years I’ve only found one product that has gone down in price. 1.
https://www.usinflationcalculator.com/inflation/current-inflation-rates/
I live in the country of California, where taxes are higher on everything. And the “minimum wage” is soon to be $22/hr. Everything is outrageously expensive and needlessly so. California also has the biggest outmigration of residents than any State in the US. This is because the cost of living is through the roof.
Which one?
There is one upside. Only 15% of the increases go to Apple. The other 85% goes to developers, I assume. So that is protecting them from the effects of currency rate fluctuations as well. I think.
As for Apple profits, every shareholder and everyone who has a retirement or other savings plan, or mutual fund, that invests in Apple, benefits from their stock remaining healthy. It doesn't all go into the pockets of just a few.
It's not unusual for companies to adjust pricing based on fluctuations of other currencies vs. their own.
On the other hand ... they never seem to go down based on fluctuations the other way now, do they?
Inflation on everything in California over the past 2 years has not been 20-40%.
You really love picking nits. Do you live here?
Weed prices have come down radically in California. That balances it out.
During Covid, and the leftists communist anti corporation scare of the 2021-2022, corporations increased their profits in record breaking numbers. Inflation is only for the poor.
I am not picking nits. You are exaggerating the situation and acting as if your exaggeration is fact.
I see. And I don't partake.
I won't start an argument because I don't care enough. But that doesn't seem like it adds up to me. If corporations were raking in the bucks, then I would expect the stock market to rise in proportion. It has tanked. I'm probably over simplifying and missing a lot. But it does make me wonder if that's really the case in a general sense as you've stated it.
Nationally, commonly purchased grocery items are up between 8-12%. In California, it's closer to 20-40%, based on my own data tracking.
Gas is still about double what it was 2 years ago. And those exorbitantly high gas prices affect the cost of everything that needs to be transported.
https://news.yahoo.com/gas-prices-falling-across-u-215608569.html&c=16051052192538071965&mkt=en-us
New cars are now 19.62% more expensive than 2 years ago.
https://www.in2013dollars.com/New-cars/price-inflation/2000-to-2022?amount=30000
Do your own homework and provide evidence to the contrary if it's available. Making contradictory statements without providing evidence is played out.
Marijuana products, flower, vape cartridges, etc at the medical dispensary.
Lol. I didn’t even see this. That’s funny because that is the only thing I’ve noticed that’s dropped in overall pricing. I’m in Maryland.
Although I don't use it, I'm actually glad more States went ahead and legalized it. Too many people were (and still are) being thrown in jail for something they use voluntarily and harm no one else with.
Uhhhh…I really wanted to comment but… I’ll refrain.
Seems like evidence (at least for major urban areas) doesn’t support your theory:
https://www.bls.gov/regions/west/news-release/consumerpriceindex_losangeles.htm
https://www.bls.gov/regions/west/news-release/consumerpriceindex_sanfrancisco.htm
Well, there's your solution then. You just need to take up consuming mass quantities to balance things out.
I learned that from my wife, who regularly saves me massive $$$ by buying clothes and shoes because they're on sale.
@NeuM: the 8-12% you now cite doesn’t actually seem close to 20-40%. Even doubling that (which hasn’t been the case if talking about prices across the board) is 16%-24%.
To the contrary, I said over the last two years and cited gas prices, grocery items and cars. Your source cites none of those in the chart. It actually says, "Energy prices rose 20.7 percent" (over the last year).
"Over the year, the index for all items less food and energy rose 6.2 percent. Components contributing to the increase included new and used motor vehicles (13.4 percent), medical care (6.9 percent), and shelter (5.2 percent)."