Inflation effects???

[mathjak107]

One thing for certain is the effective value of my bank savings account I saved up over the last 8 years before retiring is continually shrinking due to low interest rates. Rates the enormous real estate and financial corps promote because it allows them to keep buying up properties with government play money and then selling them at inflating profit to we peon fools that have no choice.

Our investments are at record highs and despite spending down for 6 years in retirement we are way higher then the day we retired even though we run a very conservative portfolio.

the fed did everything but drop leaflets from helicopters telling people not to use cash instruments as investments .

those who listened did very well. , those who didn’t paid the price

 

[mathjak107]

Once the pandemic is under control, things will get back to "normal."

Unlikely , since once many goods and services go up they are not going to roll back , especially services ..

so while we may see some drop in inflation as the supply chain improves it is not likely that much of it will be temporary

 

[oldpop]

$17.. for one pack of twenty Cigarettes... a carton
containing 10 packs of 20 here in the UK would cost £130... or US equivalent $173...

When I quit smoking ten years ago I was spending about $275.00 a month on cigs. To date that is a 33.000 savings....

 

[CarolfromTX]

My hairdresser raised her price. My grocery bill is way higher. Is costs way more to fill up my gas tank. My teaching pension is not likely to increase, so I am effectively losing money there. Ditto my husband’s pension. Glad we invested for all those years or we would really be hurting.

 

[CarolfromTX]

Once the pandemic is under control, things will get back to "normal."

And when is that going to be? This pandemic has given unprecedented powers to a lot of politicians. They want the pandemic to go on, especially since they hold themselves above the rules they impose.

 

[Don M.]

I pay a little over $60 per carton (10pks of 20cigs), and that's the cheap ones. My usual brand (American Spirit) is around $90 per carton.

I suspect much of that price is California Tax....just like the price of gasoline in California.

Out of curiosity, I looked up American Spirit Cigarettes online, and found this. You might want to check out buying your smokes online.

https://www.cigarettesdealer.com/american-spirit-cigarettes-c-13.html

https://www.usa-cigarettes.com/american-spirit-cigarettes-c-65.html

 

[Murrmurr]

I suspect much of that price is California Tax....just like the price of gasoline in California.

Out of curiosity, I looked up American Spirit Cigarettes online, and found this. You might want to check out buying your smokes online.

https://www.cigarettesdealer.com/american-spirit-cigarettes-c-13.html

https://www.usa-cigarettes.com/american-spirit-cigarettes-c-65.html

I bookmarked both of those. Thanks! I didn't peruse yet but I will. If the total after shipping is still cheaper than the Calif price, I'll be ordering.

 

[Aneeda72]

I bookmarked both of those. Thanks! I didn't peruse yet but I will. If the total after shipping is still cheaper than the Calif price, I'll be ordering.

Cause heaven forbid you give up smoking.

 

[Murrmurr]

Cause heaven forbid you give up smoking.

Oh, for sure.