Tuesday, December 5, 2023

The cost of everything has gotten too expensive. Price of food and and inflation out of control.

As we near the end of 2023 the cost of living has skyrocketed. Ever since the pandemic the cost of everything has increased dramatically. Even the price of basic necessities like food and housing have gotten out of control. A little inflation each year is expected, but the increases we have seen over the past few years have been way too much. And the problem is that salaries and income from jobs have not increased to match it.

I don't know how many people are managing it these days. I am getting by but that is because I was in the habit of living a very frugal lifestyle even before all of this started happening. I saved up and continue to live even more frugally so I am ok, but for the average person living paycheck to paycheck without savings, they are pretty much screwed.

I'm not expert in economics but there does not really seem to be a reason for the dramatic increase in cost of living other than everyone just trying to get more money and stay ahead of the curve. The cost one thing will go up and then everything related to that goes up to try to make up the difference. Ultimately the consumer at the end is hit with a higher bill.

I can understand how the pandemic caused big issues with supply and demand and it had a huge effect on the workforce, but it is long over with and things have not changed back to how they were, they have only gotten worse.

I think there is a certain amount of greed involved with companies raising the cost of goods that people need and people keep buying them because they feel like they don't have a choice.

As far as I am concerned, I am not tolerating these price hikes. Certain grocery stores that I used to shop at on a regular basis, I no longer even step foot into. Certain food that I used to buy every week I no longer buy anymore because the price has nearly doubled in the past year or so. I changed my frugal buying habits into being even more frugal because I will not support these price increases. I think more people have to do the same to send a message that these prices have gotten out of control.

If things don't change, people will need to make more money and they will demand higher pay from their jobs. Then of course this will make companies raise prices on goods and the cycle just continues to get worse.

We just need to get some stability in the economy back. Maybe government needs to step in to put some regulation in place. Maybe more people have to stop putting up with these price increases. If people can no longer afford to pay for basic living expenses while working a full time job, this could lead to even more serious problems.

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