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01-05-2008, 04:41 PM
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#1
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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And the dam breaks...
Costco has always had roast chicken for $4.99, pizza for $7.99-8.99, and of course the venerable hotdog and a drink for $1.50.
The chicken just went up to $5.99 and the pizza to $9.99. So far the hotdog is safe from a price increase.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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01-05-2008, 05:00 PM
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#2
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,498
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 Quote:
Originally Posted by cute fuzzy bunny
Costco has always had roast chicken for $4.99, pizza for $7.99-8.99, and of course the venerable hotdog and a drink for $1.50.
The chicken just went up to $5.99 and the pizza to $9.99. So far the hotdog is safe from a price increase.
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You never know exactly what's IN a hotdog, though. Prices at my grocery store have been going up from their already astronomical prices, too. Rotisserie chickens went up a buck (and they look scrawny), and I noticed quite a few other increases as well.
I thought this post was going to be about the levee that broke in Nevada, flooding hundreds of homes. Some storm you're having!
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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01-05-2008, 05:51 PM
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#3
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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We got a good dose yesterday. 70mph winds, sideways rain and hail, lots of stuff blown down and over. Worst wind in 60 years.
These items have sort of been costco's "loss leaders" to get people to come into the store, figuring they'll load up with other stuff while they're there. And it works. I'll go there for a huge pizza or a big roast chicken for a buck or two less than the supermarket, and I cant walk out of the place without spending $100+.
Gabe got a giant yellow RC truck yesterday. It was either that or the gas powered red dune buggy he was sitting in.
One of those indicators of inflation (to me anyhow) is when a company jacks up the prices on their loss leaders.
The hot dogs are the large dinner sized kosher all beefs on a sesame bun. With a refillable drink for $1.50 its the best lunch deal in town. If a costco near you has an outdoor food service counter (the one in Santa Clara CA does), you dont even need a membership.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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01-05-2008, 06:04 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Dec 2005
Posts: 1,228
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We don't have roast chicken at our city Costco, but I have been noticing price increases on staple foods like milk and eggs at most of the grocery markets out here.
On the other hand I just went shopping at Mervyn's and was amazed at how low the clothing prices are now with the cheap Chinese labor. I've seen several nice new real suede jackets for about $30 recently, at Mervyn's and Costco. I've been shopping used clothing stores for the same item and it costs $20-25 used in much worse condition, and out of style. I think clothing is fast becoming disposable, not worth the trouble of selling secondhand.
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01-05-2008, 06:35 PM
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#5
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Recycles dryer sheets
Join Date: Jan 2007
Posts: 284
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My gawd- this means we've hit 20% inflation.
I wish I had started a personal inflation spreadsheet about 5 years ago- with my most commonly purchased or most important items.
I'd love to be able to have a real personal inflation rate to use to calculate future income requirements, rather than the stupid CPI.
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01-05-2008, 06:42 PM
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#6
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2004
Location: Laurel, MD
Posts: 8,323
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hmm. Sam's club has the best roast chickens I've ever had for $4.85.....I'll be checking next week for price increase. Inflation is bad...stagflation is worse...check the other thread.
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01-05-2008, 07:03 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Location: Los Angeles area
Posts: 1,708
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Pizza at Long Beach,CA Costco have been $9.99 for a while - years, I think
__________________
learn, work, save, invest, fire
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01-05-2008, 07:22 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Jul 2006
Posts: 1,901
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Quote:
Originally Posted by free4now
We don't have roast chicken at our city Costco, but I have been noticing price increases on staple foods like milk and eggs at most of the grocery markets out here.
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The price of corn is being blamed for most of the food increases. Trying to get out of one pickle is getting us into another  .
__________________
“I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said” Alan Greenspan
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01-05-2008, 07:24 PM
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#9
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,071
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Little Caesars large 1 toping pizza still going for $5. 
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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01-05-2008, 07:42 PM
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#10
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Thinks s/he gets paid by the post
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,698
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Now Dawg, that's not Pizza!
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01-05-2008, 07:47 PM
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#11
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 2,450
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Quote:
Originally Posted by Bikerdude
The price of corn is being blamed for most of the food increases. Trying to get out of one pickle is getting us into another . |
Yeah...dang ethanol...Quite a few people around us selling horses since the cost of hay is up, also....more land being used for corn
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01-05-2008, 08:00 PM
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#12
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Recycles dryer sheets
Join Date: Aug 2007
Posts: 433
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You fools! This is FOOD!!! This does NOT count as inflation.
Just call Ben Bernanke and he'll set ya straight.
What kind of America-hating Bolsheviks are you guys spreading this kind of hearsay.
You're going to take some more rate cuts and like it, by golly.
No price is too high to pay to support the PTB.
When the going gets tough, the tough go shopping.
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01-05-2008, 08:17 PM
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#13
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gone traveling
Join Date: Aug 2006
Posts: 994
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I just paid $2.30 for a medium jar of Jif peanut butter...
the last time I bought it [several months ago]... I paid
$1.69.
How much corn goes into a jar of peanut butter ? 
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01-05-2008, 08:38 PM
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#14
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Full time employment: Posting here.
Join Date: Dec 2004
Posts: 699
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Quote:
Originally Posted by free4now
I think clothing is fast becoming disposable, not worth the trouble of selling secondhand.
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I read somewhere that Goodwill takes in huge excesses of clothing that they cannot sell in the US - and they "wholesale" used clothing to other parts of the world for pennies a pound.
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01-05-2008, 09:22 PM
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#15
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Thinks s/he gets paid by the post
Join Date: Dec 2005
Posts: 1,228
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Maybe the goodwill clothes go to the poor chinese workers that produce our garmets?
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01-05-2008, 09:40 PM
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#16
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2007
Posts: 7,746
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Our sam's club pizza just went from 7.97 to 8.97. Still the best deal in town. I did notice today that 18 eggs are barely under $3 now. It wasn't more than 4-5 years ago when we paid $1 for a dozen. However lots of stuff hasn't seen major price increases.
Looks like we all might be eating super expensive canned cat food in retirement, huh? Until that gets too expensive. Maybe I can eat electronics and clothes!
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01-06-2008, 02:08 AM
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#17
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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One thing that caught my eye. Is fricken Asparagus. I realize its not in season but wow 6.99
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01-06-2008, 02:46 AM
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#18
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Thinks s/he gets paid by the post
Join Date: Jul 2007
Posts: 2,487
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Quote:
Originally Posted by Helena
I just paid $2.30 for a medium jar of Jif peanut butter...
the last time I bought it [several months ago]... I paid
$1.69.
How much corn goes into a jar of peanut butter ? |
Not much, but you may be surprised. There are six varieties of Jif, two of which contain "corn syrup solids". Lots of things have corn derivatives in them, esp. corn syrup as a sweetener.
R
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01-06-2008, 03:15 AM
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#19
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2005
Posts: 6,176
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Quote:
Originally Posted by cute fuzzy bunny
Costco has always had roast chicken for $4.99, pizza for $7.99-8.99, and of course the venerable hotdog and a drink for $1.50.
The chicken just went up to $5.99 and the pizza to $9.99. So far the hotdog is safe from a price increase.
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ive always said the most accurate inflation indicator is the pizza index. the cost of a slice of pizza really does seem to be pretty accurate here in new york city
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01-06-2008, 03:17 AM
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#20
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2005
Posts: 6,176
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Quote:
Originally Posted by free4now
Maybe the goodwill clothes go to the poor chinese workers that produce our garmets?
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i sure hope so its got to be better than the crap they make on their own.
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