r/inflation

▲ 1.4k r/inflation+1 crossposts

do you think gas prices will keep going up all the way to election day?

u/___Noah____ — 5 days ago

Electric socket quote

Recently, I bought a portable generator. I paid around $1000 for it. I did not know that I needed to hire an electrician to an install a special connector from the electrical box inside my basement to the outside for the generator to connect to.

So I got two local estimates from two electricians. The first came over and looked around and emailed me a quote for $1100 with no breakdown of what those costs were. The second guy came over took a bunch of pictures of my generator in my electrical box and then wrote up a detailed quote for $2100 of which 700 labor. I’m in Connecticut so I understand maybe labor is inflated a little bit. So I hired the first guy in the labor took Max three hours so let’s call it at $150 an hour or $450. the parts would cover the balance. Which means that the second guy quoting me $700 of labor for the same three hours worth of work was charging almost $250 an hour for labor. How is this not a crime? All these people are supposed to be licensed in someway isn’t there any regulatory body looking at what these idiots are charging? It’s beyond frustrating.

reddit.com
u/Onomatopoeia-sizzle — 3 days ago

Is Amazon Driving Up Prices At Other Stores? | So Expensive

TL; DW: Yes. Yes, they are. Because Bezos is an anti-small business, parasitic POS.

youtu.be
u/A4t1musD4ag0n — 4 days ago
▲ 185 r/inflation

1 Lara Bar now costs $2.99 at Safeway. They're delusional.

These things used to be 10 for $10.

So yeah, no thanks. 😂

These executives making price increase decisions are out of touch.

u/Secret-Broccoli9908 — 6 days ago
▲ 55 r/inflation+1 crossposts

Oil Surges, Treasury Yields Spike, Mortgages Hit 7.40% — Is Inflation About to Bite Again?

Worked for 41s

Headline

Oil Surges, Treasury Yields Spike, Mortgages Hit 7.40% — Is Inflation About to Bite Again?

Tight r/economy story

Oil jumped hard today, with Brent finishing around $104.28 a barrel, up 4.1%. Treasury yields climbed with it as investors worried that higher energy costs could keep inflation hotter for longer. The 10-year briefly pushed to about 5.31% before easing after a strong Treasury auction.

Now the pain is showing up in housing too: the average 30-year mortgage rate hit 7.40%, its highest level since November 2023.

That’s a rough combination for households: higher fuel costs + higher borrowing costs + already-expensive housing.

The question is simple: how much more can consumers absorb before spending finally cracks?

u/ExcellentWinner7542 — 7 days ago

Prices down on day one me a**.

Even at bulk pricing, food shopping on general items has become a luxury expense.

u/A4t1musD4ag0n — 12 days ago