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Prices are always rising, and were just trotting along trying to keep up.
The only problem is that prices are rising way faster than wed ever expect.
People could not believe how insanely hiked up the costs were.
He saw the reorder button and decided to check how much it would all cost now.
But, to his surprise, the price had tripled to $414.
The worrying thing is that the U.S.inflation rateis supposed to be at 3.27%.
But videos like this show that the cost of everyday items is rising exponentially.
How can that be possible if the inflation rate is staying steady around 3-4%?
Many commenters thanked the guy for making the video, because it validated their feelings about skyrocketing prices.
Some even said they struggled to put food on the table because of expensive groceries and necessities.
I wonder how many items the guy could have bought from his 2022 shopping list with $126?
In this video, the price of 45 groceries shot up more than three times their original price.
People are spending nearly 7% more on essentials than they did before 2020.
This leaves almost no room for smallluxuriesor just going out for dinner occasionally.
Inflation might seem like such a killjoy, and it almost makes you wish the reverse was true.
What if prices dropped and people could buy way more with the same amount of money?
But it turns out thatdeflationis no cakewalk, either.
TheFederal Reservedoes take steps to prevent inflation from dropping too low or climbing too high.
Their sweet spot is around a 2% annual rate of increase.
Hopefully, they also watched this video and are trying to make things right.
Its also a better time to buy property because of the diminishedhousingmarket.
But it reminds us of something important that nobody really wants to believethings will keep getting more expensive.
We must do everything we can to protect ourselves against inflation.
It also helps to read up on the subject and arm ourselves with the right facts.
Till then, shocking videos like this will keep bowling us over.
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