Good news for Americans. “For the second year in a row, the cost of buying Thanksgiving dinner has decreased from the year before, according to the American Farm Bureau Federation’s annual report released Wednesday.”

  • Coreidan@lemmy.world
    link
    fedilink
    English
    arrow-up
    5
    arrow-down
    1
    ·
    19 hours ago

    And I distinctly remember stores nationwide last year were giving discounts around thanksgiving on staple holiday food items. So just another bullshit metric that doesn’t mean anything.

    In general food is considerably more expensive now than it’s ever been so these moronic skewed metrics aren’t going to change my opinion on how badly the government’s monetary policy over the last fifty years has been fucking over the public.

    All of the money printing by the federal reserve in response to Covid is largely why you’re feeling pain right now.

    • overload@sopuli.xyz
      link
      fedilink
      arrow-up
      6
      ·
      edit-2
      18 hours ago

      Yep, excess money printing (there is now 5 times more money in circulation in the USA than the start 2020) and flowing to the hands of the few wealthiest individuals means the middle class share of the overall financial pie becomes smaller.

      Wages haven’t increased to match the increased money flowing around society.

      That results in regular people having less purchasing power and things feeling more expensive.