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zug_zug 2 days ago

Well the thing is -- when you have rampant inflation, the cost of everything in USD goes up -- be it houses, eggs, or even stocks. So when you subtract out how much the value of the USD has gone down relative to other currencies it's basically another 10% drop.

francisofascii 2 days ago | parent [-]

Eggs are pretty cheap right now. Housing and healthcare are why Americans struggle with affordability. Food, gas, etc. are all just drops in the bucket.

bnycum 2 days ago | parent | next [-]

Eggs may be cheaper than when they were during culling/avian flu, but food sure isn't. Where I am most grocery items are now 50-70% more expensive than last January. The milk I buy weekly at the grocery store has increased 67% since then. Beef is roughly 50% more, and I haven't even had steak since late 2024 at this point. That isn't sustainable.

atmavatar 2 days ago | parent | next [-]

> Beef is roughly 50% more, and I haven't even had steak since late 2024 at this point.

Sadly, the nebraska wildfires guarantee that situation isn't getting better anytime soon (and may actually get worse).

the_doctah 2 days ago | parent | prev [-]

Post-Covid I was shocked that skirt steak was $17/lb at my grocery store. Today it is $19/lb.

0xR1CK a day ago | parent | prev | next [-]

Why did you go to 'eggs'? -- An avian flu issue, not an inflation issue. We're struggling not just because of healthcare or housing but because everything is being optimized/maximized for value extraction. Variable pricing, rampant plagiarism, counterfeiting, fraud in every industry, in every political office. the stocks are being propped up with the promise of value that has circular investing, monopolies are basically encouraged. Gas and food is relatively benign even with shrinkflation and petrol dollar (not for long) preference.

johnnyanmac a day ago | parent | prev [-]

It's not the biggest expense, but adding another $100 a month to gas when Americans are already relying on debt to cover bills doesn't spell a good omen.