Viral TikTok Makes Big Claims About Grocery Inflation
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- čas přidán 20. 08. 2024
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I did this myself also. My first order was in July of 2020 for 154 items. The grand total was $252.71. ‘Reordered’ all of them today and my grand total was $421.77 NOT INCLUDING 10 ITEMS- I did NOT replace any items with expensive options.
I have had the same argument with people. My bill is up but not by 50% or 100%.
Check the quantities in the boxes. They can hide the inflation by reducing the amount of stuff you are getting.
If you are buying stuff sold by the pound (steak etc) prices have gone up a lot.
@aaronjjacques Even with shrink -flation the increase is not 400%. And steak prices have increased. I buy less steak more chicken or pork. And still the steak has not increased 200 or 400 percent.
@lindaSmith6588 a tenderloin roast is 66 per kg it used to be 20. It even more with dry aged beef.
@aaronjjacques where in the US do we speak in kg? An used to be what? 20 Euros. None the less my steak price has not tripled. I buy steak too!!!
@@lindaSmith6588 I am Canadian.
“He’s lying because I said so”
😂😂😂😂😂
@@bweags4194 😂🤣
"Don't believe your lying eyes. The economy is good, so shut up"- The Media
The TikTok is claiming 333% increase…which makes his bag of chips now $5.00
That means…in 2022 it would have been
$1.50?!?!?
For a regular sized bag of chips?!??
Dude is lying.
100%.
It’s just too bad people like you need it spelled out so clearly. You need to start seeing these things for yourself, kiddo.
It's corporate greed plain and simple. Corporations across the board report record profits to shareholders virtually every quarter. Corporate greed/neo capitalism = inflation.
So why did corporations only now become greedy?
Yes, they've had "record profits" almost every year, year-on-year, for the last 10, 20, 30, 40, or however many years.
That's how a successful (big) business works, its profits increase year-on-year, and every year, or most, is a record profit year
This continued because they raised their prices inline with increased costs
So what is your point exactly ??
profits are up.profit MARGINS are down
If cost have doubled and profit margins stay the same then profits double too.
Stop using shoddy math to hide who is actually responsible.
No profit no business. Ever balance a checkbook?
@@dewaldt8104they have benefited from increased market size and increased demand due to population growth. The kicker is changes in lobbying rules, decreased corporate taxation, decreased competition and the blinding of economic conditions via covid. Additionally, more governments that are right leaning also encourage this outcome.
It's NOT inflation. And it hasn't been since the end of 2022. Inflation happens when the cost of making the widget goes up. That costs is passed on to the consumer. There are many reasons the costs of making the widget could go up. Infrastructure, cost of goods, hgh demand and low availability. But none of that has to happening for almost 2 years. Corporations have been posting RECORD profits. Meaning the cost of making widgets hasn't increased. It's GREED, plain and simple, GREED!!!
TELL IT!!
Yes, they've had "record profits" almost every year, year-on-year, for the last 10, 20, 30, 40, or however many years.
That's how a successful (big) business works, its profits increase year-on-year, and every year, or most, is a record profit year
This continued because they raised their prices inline with increased costs
So what is your point exactly ??
This is a LIE.
if cost of goods double and profit MARGINS stay the same profits DOUBLE.
IF what you were saying was true profit margins would be going thru the roof
They are not in fact they are going down.
Biden raised the cost of the widget. Good point.
Dyejob another uneducated uninformed citizen when you spend dollars that aren’t paid for or beyond your budget example you have 5 gold blocks each block is represented by a 100 dollar bill if you print up 5 five more 100 bills now in reality each bill is only really worth 50 dollars each time you print more bills your buying power shrinks please use the intelligence that God gave you your thought process is like the child that thinks an ATM just gives out money
he's not lying. i did something similar and it came out as 2-3x more expensive. and now the supermarkets here have removed the old orders and reorder button from the history of the app.
I’ve seen a few others report this too
He is lying. You can tell he tripled his order. I have the old order button and did it myself, and while yes, the cost went up, it wasn't even double. He's lying and if you are claiming you did what he did, you are lying too. And I still have the reorder and order history available with my Walmart app, which is what he used.
Dude…his chips say they cost $5 today.
You’re trying to tell me you think a regular sized bag of chips cost 2-3x less than $5, just in 2022?!?!?!
Ask mommy what she pays for groceries before you try to answer.
@@MichelleLyn84
A LOT of people have reported this.
Yet not a single one of them can provide a full list for us to check ourself.
Have you noticed THAT???
@@sendthis9480 r u stupid?
Grocery stores mark items up as much as 5-6 times. I know, I order food from a distributor for a food bank. Recently we ordered nearly 4,000 dollars worth of food wholesale, and at retail it was nearly 20,000.
I ordered cereal on Amazon. I opened it to find only half a bag
It's almost as if they sell it by weight.
@@mikeb5664 I know that, the weight was lower also. So not fully packed
@@Hunter225 If the weight was reduced and you paid the same price, that's just shrinkflation. Otherwise, the bag was never intended to be full. The air space is there for a reason. Whatever the weight was, it was printed on the package. Was this your first cereal purchase?
No, I am a fraud investigator. I check for scams. I have caught, and gotten removed people on Amazon for price gauging. I also instigate banks, all businesses.
You couldn't walk to the store? Lazy.
I keep pretty good track of my groceries. I've found that from like $150, they've gone up to like $200. But they've actually come down a bit recently to about $180-ish, so hopefully that continues.
I will add the caveat that I have also been buying cheaper brands and cutting things once the bill started hitting $200, but there wasn't all that much to cut since I mostly buy essentials. I haven't gone back to my indulgences for the most part, so maybe that would increase my bill again.
Cutting things down and buying cheaper options and still things cost more, hun? This post is cognitive dissonance at its finest
What is the point of this comment?
Don't believe your lying eyes.
What annoys me is that the Biden-Harris administration do things…but then they don’t talk about them. So by the end of it, everyone is asking what did they actually accomplish…Trump takes a 💩 in the woods and he’s on at least three different networks praising how big it was, how smelly it was, how he didn’t have to even push that hard 😂😂😂
You can’t name one thing that the current administration or congress has done to help inflation or fuel prices instead every policy has hurt the average American and they haven’t even told everyone how these open borders are going to cost the average American and how it will kill education the health care system and social security and all the safety nets in place like snap housing you need a real education not the G ET E ven D umber Degree
@@MayTheOddsBeInYourFavor
You're supporting whom?
But what does that have to do with inflation? 😂
@@MichelleLyn84 The fact that inflation should’ve been worse but Biden worked to make sure it wasn’t like releasing gas reserves so gas prices stay low in the summer and talking with certain businesses to keep prices lower like…it’d be nice if they mentioned the things they do behind the scenes so people know it’s not just Sleepy Joe sleeping at the wheel
@@SouvenTudu1 …who do you think I would be supporting in this scenario?
the fact that Safeway sells a box of cereal for $9 that was $4-5 dollars a few years ago tells a very different story
That Safeway is too expensive and you should try another store. Or buy it when it is on sale and buy 2 or 3 and put it away.
And who’s fault is that? It’s called price gouging and if you keep paying that much, they’ll never lower it.
@@bifuriousaf Yes
@@GoblinsMom Don't blame customers
@@SouvenTudu1 You never heard of voting with your wallet? Or apps that notify you of price drops? If you keep spending $9 on cereal, they’ll keep charging you $9 for cereal.
You get what you vote for. Record inflation wasn’t an issue 4 years ago
We were in a pandemic 4 years ago. When the global economy opened back up to breathe, you got global inflation. The President doesn't control that.
I just bought about 3 weeks of groceries for $210.00. I look for sales, I buy store brands, I actually cook, I use store circulars and coupons, and go to multiple stores to take advantage of bargains. It's not hard to do. If I were to buy all pre-made precooked foods, I could easily spend 3 times that much, but I don't. Also, it's not inflation that is causing higher prices. It's corporate greed. Conagra admitted that because consumers are willing to pay more, they charge more. The profit margins for 3 of the largest food companies are Cal-Maine 718%, Kraft-Heinz 448%, and Conagra 56%. They charge it because we pay it.
💯💯💯
Inflation is the reason my fridge and pantry are empty. Thanks Democrats!
@@imperialmotoring3789 Yes
So what he is saying is vote for the same peeps that doubled ur grocery cost..smart
Also,don't let people lie to you like this? Like what? claiming the presumptive candidate is fine and hasn't been experiencing cognitive decline?
Coperate greed.
Government greed. Don't take it out on the workers.
@@imperialmotoring3789Who's taking it out on the workers?
You wouldn’t know corporate greed if it hit you
@@madaug4389 Learn English
@@imperialmotoring3789 *bad governance
Corporate greed is a major factor. Companies are posting record sales imcome and are paying CEO's exorbitant salaries.
@@mariegarside8830 CEOs are employees
Do you run a corporation?
In Canada most food items have doubled since 2021 - the steepest food rise in years
Idk, in my area my yogurt was .99 three years ago and now they’re 2.99 each. That’s a 200% increase. Idk what this guy is saying but the prices are up WAY more than 20%. I WISH my yogurt was only 1.19.
The government data on inflation is a lie. This guy attempting to debunk this clearly doesn’t do his own grocery shopping. 🙄
Anyone who believes what is on Social Media an any subject is the truth, is either totally brain dead, or just plain lazy. The need for constant attention or voicing craziness and out and out lies is running rampant, largely because there is no accountability!
We don't need more people lying to us we already had Trump as president once 35,000 lies 😢 remember
@@tanyawilliams8254 Get a life
Sure things have gone up, but not that much. Just gotta how and where to shop.
And all of the ppl in this comment section shouting “it’s not inflation, it’s corporate greed !”
Will continue to buy from these same corporations rather than seek out alternative brands. 😂😂😂😂😂😂😂
Many things have tripled or quadrupled in the last 3-4 years. I keep and file all of my receipts and have for decades.
Like what? I have receipts on the Walmart app (they're still there) so I can easily compare then to now to see what has gone up by 3 or 4 times.
There is a funny trick in Math that when prices go up the percentage is larger, a great example are prices of eggs. My cost of 12 eggs was $3 in 2019, in COVID with the Chicken disease that spread around (some bad timing there) the cost of 12 eggs went up to $6 so 100% increase, notice the number 100%. However since then the price of 12 eggs is now back down to $3 so we are back to 2019 price but that is only down 50%. See, 100% up, 50% down but the end price is the same as the start price. A trick of math that makes rising prices look BIGGER than falling price back to the original value.
Remember this in November. The media will do anything to cause you to forget when you vote. And you all know who the media wants you to vote for. Thanks Bidenomics.
He looks like Chris Chan before he transitioned to a woman
Amen!! Thank you for reminding folks of truth!!
From Sep/Dec 21 to Jan/Apr 22 I went from making $400/month to $800/month. I was eating out or making meals at home at the same places just as much, but I was only able to save $100 more. I took a picture of gatorade prices then and now, and Gatorade alone is up over 50% in two years for the same size. Concessions prices have doubled as well, and a lot of sizes for things have shrunk to "keep their same price". It isn't just inflation that's up. Higher wages and corporate taxes have to be passed on to the consumers to maintain profitability and growth. Since everything has gone up 50-100% in the past 4 years, it's not difficult to believe that the same items have increased 100-400%. Sure you could swap out for off brand prices, but off brand has increased by a similar amount in the same timeframe.
It isn't true. The tiktoker lied. The guy tripled the order. You can tell when you look at the only two items he shows, claiming that was his order for the month, but with each of those x3. They were crackers and chips. You're telling me he had 6 of 53 items that were crackers and chips for a monthly food order? You can even go back and check the prices of those two items from 2 years ago and see that those 2 items did not increase in price by anywhere close to 100% even. So then other items would have had to increase by 5 or 6 times to make up the difference.
@@elizabethbaird2132 I just shared my example which is true. I know that a lot of businesses changed to only offer smaller sizes and slapped the old larger sizing price tag on the smaller sized products before increasing the price by 50%. Cutting the size of a product in half and increasing the sale price by 50% increases the overall price for the same amount of a product by 100%. I'm not going to claim that I looked into the TikToker's basket and verified that those x3 crackers and chips were added because the larger size was no longer offered requiring more smaller bags and boxes to be bought.
All I'm saying is that it is insane that I was able to grow up with things priced at $1 for well over a decade, and after 1 presidency, all of those dollar menu items increased by 30-50% with no other true dollar menu items coming into existence.
Here, here! I concur.
Walmart does that ALL OF THE TIME! If an item is out of stock, they'll have a 3rd party seller selling it for a fortune. I usually just look for the item at another store, and the price is usually a lot more comparable to normal.
I dont see the premise of this video? just handwaving that says emphatically THIS IS NOT TRUE? And? whats the point?
Lol completely believable in Canada.
I agree with things that you say but certain products have absolutely gone up 50 to 100% let’s just take dollar tree dollar tree overnight inflated by 25% and just recently in two years many products have gone up by 50 or 75% so be careful about the reality that we live in, please. And all of this is before the product itself shrunk in quantity so inflation on groceries is well over 25%.
The liar doing a response video forgets that some of us took pictures of deals we got and forwarded them so in our messages and pictures we can see the price difference.
If you are going to dispute the original do your own apples for apples comparison. You might see a 3 digit percentage increase in the cost of... well apples
Critical thinking.🕶 People. 🧠 or 🕳
Choice
Stop gaslighting
He's not....if your groceries that cost $125 two years ago cost $450 now you're doing something incredibly wrong. And he admitted they may be around 20% more expensive but not over 4x as much that's bs.
To be honest no one should be taking anything on social media as honest..... as far as the cost of food, now if we were all allowed to upload pictures of our receipts on CZcams it would be a different story....
I think both this individual and the other individual are just trying to enforce their own narrative and realistically, food cost fluctuate depending on what state and city you live I live in... I live in New York City I'm not imagining a dozen of eggs being 11.99 the cheapest you can get a dozen of eggs out here in New York City this under $9 but nowhere near $6 a pack of chicken legs can cost you $10 to $15 I could go on... ... However my point is that everyone tries to sway the masses in their direction and that is not the real narrative because it is broad it affects us all 🤨 food is ridiculously expensive for all of us not just the left or right not the MAGA supporters or Biden supporters stop the lies stop spreading social media toxicity and just tell the truth period 🧐
Yep and we are making more I dont know anyone who hasn't had a nice raise because Biden added so many jobs they have to pay more or lose you
Exactly. People have more money to spend.. and they are
Everyone I know is making a good 25% more than 4 yrs ago.
@@elainstill1671 and yet magatards keep insisting they are poorer under Biden. I just don't get it. They have benefitted just as much as any other American
Depends where he is. In Canada its pretty bad, not Venezuela 20,000% inflation bad, but its worth noting.
The grandmas of Canada got together and even seemed to have a "steal from Loblaws day", the main grocer in Canada. $50 for olive oil means Loblawsisoutofcontrol
On a side note: There was so much excess natural gas this year in Alberta (because it is a byproduct of oil extraction) that the price of electricity generation dips below 1 cent per kwh on some days.
lol @ all the simpletons trying to understand inflation
Or he is too lazy to go to the grocery store, where as Amazon can be triple the price!
I buy on sale items from the grocery store, $2 for a standard size bag of Lays potato chips but not on sale price is $4.50. I know his mother or father taught him but looking stupid is more his style.😂
We don't know his situation. So let's not just assume that someone who orders online is lazy
@@VixxKong2 I'm more leaning towards finding a way to prove that prices have risen by exaggerating it, by purposely buying items at rediculus 3rd party selling prices. The lazy is not learning that he only hurts his own self interest by not learning what party protects the little guy and the other that gives massive tax breaks to millionaires, billionaires and corporations. Also don't count on Social Security or Medicare should he have a tragedy or simple old age, that will be cut or completely canceled under the dictator.
Did this guy shower today?
Bidenomics
This video is misleading. Inflation actually drives profit, not the other way around.
it certainly can be. it's called profit inflation. This type of inflation, where corporations raise prices to protect - and even increase - their profit margins, causes prices to rise faster than the costs to make goods or provide services.
@@mfsebcwThat's not what happened in this case. Even snopes debunked it, and that's a left wing fact checker.
@@MrEkzotic what seems to have happened in this case is a tiktokker tried to suggest that we have four times the cost of things under biden.
Cope
You heard it here everybody. This channel is notorious of using people's TikTok videos like it's news or accurate. Meanwhile your president is actively trying to ban TikTok
It was tfg that brought up banning it first
@@katalacIt's Joe Biden who is pushing for it. Can't blame that on trump
@GavinCooper05 that's right, what am I thinking? Nothing can be blamed on trump
Tik tok should be banned. It’s a CCP surveillance and propaganda tool whose purpose is to collect information on the American populace and to spew and/ give attention to disinformation in the hopes of dividing the American people. It’s working and It needs to go.
@@GavinCooper05 dude it's all of them supporting it
Cope
Fast forward to March 2024, and the latest data shows food prices have risen a whopping 25.8%-
Copium from the left