by Pretorian » Thu 27 Apr 2006, 02:37:52
I had a day-off yesterday so we went out shopping and stuff. Gas is $3.06 in my area (Northern VA), but thats fine. First visit to Petsmart-- catfood is up 10%, litter is up 15%. Than Dunkin Donuts-- price is apparently the same, but... Donuts got really skinny. I mean, REALLY skinny. I couldn't beleive my eyes. Than we go to Shoppers-- lettuce is $1,5 (never seen it at more than 0,99 in 2 years), a lot, a lot of stuff went 10-20% up. Meantime , I make exact same amount of money as usual and my savings rot exactly same way as before ( interest is less than inflation, minus taxes). I really want to stock up corn/olive oil, sugar, rice, flour, salt matches while prices didnt go check the roofing up there... But , I live in a rented apartment and we are planning to move . What about your area? How fast is a price-rise? What to do with the money? Clearly inflation will be 10% + this year, at 4,5% rate savings will bring $70 of pure loss per each grand you got...( counting "income" tax too)