We try to only shop BOGOs at Publix, but I was trying to pick one of my children’s favorite foods, something we always purchase, as an example.
There are many other examples though, goldfish crackers, nacho chips, tortillas, ground beef. All of it has increase between 20% and 90%.
If we only judge inflation and cost increases based off the necessities, or based off the cheapest variant of an item, then we ignore the quality of life aspect.
If you base inflations off a fixed set of items, then companies would avoid adjusting those fixed set of items to justify not increasing employee pay. Our government has already been doing this to avoid the truth of how bad inflation is by using “equivalent” substitutes for staple items.
There are many other examples though, goldfish crackers, nacho chips, tortillas, ground beef. All of it has increase between 20% and 90%.
If we only judge inflation and cost increases based off the necessities, or based off the cheapest variant of an item, then we ignore the quality of life aspect.
If you base inflations off a fixed set of items, then companies would avoid adjusting those fixed set of items to justify not increasing employee pay. Our government has already been doing this to avoid the truth of how bad inflation is by using “equivalent” substitutes for staple items.