
r/inflation

do you think gas prices will keep going up all the way to election day?
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.
Inflation on many everyday items was entirely due to tariffs, NY Fed says
cnbc.comFarmers Say U.S. Immigration Policies Are Making Food More Expensive
triplepundit.comIs Amazon Driving Up Prices At Other Stores? | So Expensive
TL; DW: Yes. Yes, they are. Because Bezos is an anti-small business, parasitic POS.
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.
Frozen Corn Dogs four pack: $13.69.
Frozen corn dogs. $13.69 four pack.
Inflation, tariffs set to push holiday spending to $1.7 trillion
nbcnews.comOil 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?
Prices down on day one me a**.
Even at bulk pricing, food shopping on general items has become a luxury expense.