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June Inflation Highest Since February, CPI +2.7%

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  • #16
    Originally posted by myrdale View Post
    I'm scratching my head how tariffs on foreign goods have any effect on domestic agriculture. I'm pretty sure tariffs have zero effect on locally grown poultry, beef, or grains.
    You'd be pretty wrong. Retaliatory tariffs in response to our tariffs have affected the pricing and demand for all 3. Because we export those things, and they become targets for other countries in our made-up trade wars.
    History will judge the complicit.

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    • #17
      Originally posted by myrdale View Post
      I'm scratching my head how tariffs on foreign goods have any effect on domestic agriculture. I'm pretty sure tariffs have zero effect on locally grown poultry, beef, or grains.
      The answer is simple: retaliatory tariffs. They've been put in place in response to the ones imposed by this administration. That has a huge effect on exports.
      Steve

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      • #18
        Originally posted by myrdale View Post
        I'm scratching my head how tariffs on foreign goods have any effect on domestic agriculture. I'm pretty sure tariffs have zero effect on locally grown poultry, beef, or grains.
        They don't have much of anything to do with the price of beef.

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        • #19
          Export prices have nothing to do with local inflation. They are prices of importing countries which impacts their inflation not our local inflation.
          Kill the debt, before it kills you!

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          • #20
            Originally posted by Fishindude77 View Post

            They don't have much of anything to do with the price of beef.
            Can you explain what happens when our exported beef is tariffed by other countries?
            History will judge the complicit.

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            • #21
              The US only exports +/- 10% of it's beef. If those counties impose a tariff on our beef it costs those consumers more to buy it and / or makes it less attractive for them to buy it.
              With beef at current high prices they are fetching, any tariffs being imposed are obviously not causing any problems.

              It's a good thing beef prices are pretty high now because a lot of the AG commodity markets are pretty poor. Many AG producers diversify by raising; grain, beef, pork, poultry, etc. and beef prices are helping them out.

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              • #22
                Originally posted by Fishindude77 View Post
                The US only exports +/- 10% of it's beef. If those counties impose a tariff on our beef it costs those consumers more to buy it and / or makes it less attractive for them to buy it.
                With beef at current high prices they are fetching, any tariffs being imposed are obviously not causing any problems.

                It's a good thing beef prices are pretty high now because a lot of the AG commodity markets are pretty poor. Many AG producers diversify by raising; grain, beef, pork, poultry, etc. and beef prices are helping them out.
                Except that so much of the imported beef (read: most ground and fattier beef at grocery stores, fast foods, etc) is more expensive. So, like you said tariffs do have an impact. Because tariffs are taxes and they raise prices, and we pay them.
                History will judge the complicit.

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                • #23
                  Did anyone else see the earning reports from Stellantis and GM this week? Billions lost due to tariffs, just in Q2 alone. I guess we can all expect to pay more for our next vehicle.

                  The American automaker reported that tariffs cost it $1.1 billion and reduced the company's profit margin from 9% to 6.1%.



                  Last edited by disneysteve; 07-23-2025, 03:40 PM.
                  History will judge the complicit.

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                  • #24
                    I haven't been shopping much since we've been on this insane eat everything in our freezer and pantry kick. ugh I hate it but it saves a lot of money. I will add this is months of slowly working our way through. That's how much food we ahve. My husband is so particular about we have to turn over food every 1-2 months. So i stopped cold turkey shopping except for fruits and veggies and a little meat here and there and we've been working through all the meat and frozen stuff. It's insane the stuff you leave in your pantry and freezer. Okay maybe it's just me
                    LivingAlmostLarge Blog

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                    • #25
                      I occasionally do similar -- I'll come across a handful ingredients that have sat unused in the back of the fridge/freezer/pantry for easy too long. If it's still reasonably edible, it becomes my own little Food Network challenge with my pantry's mystery box, and I figure out a way to get through it. Most recently, I found a bunch of old pasta & sauce, plus mozzarella with an embarrassing "best-by" date. I needed to buy some ricotta, but I made huge (too big) batch of baked ziti that we'll be eating for lunch the rest of this week.

                      It's a great way to clear space while also saving money by virtue of not wasting already-purchased goods. Plus depending on what I find, sometimes the results are a happy surprise at how great they turn out. But then, I love cooking & I always see it as a fun adventure.

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                      • #26
                        Kork, I did the same recently...had a container of pesto which we bought for chicken, but ended up using the chicken for something else. The pesto was approaching its Best By date, still plenty fine. I went looking for noodles, though, and the best I could find were some that expired in 2021 in our pantry. That's not the norm for us and I don't know how they managed to stick around for so long.

                        I can verify that boxed noodles 4 years expired are simply no good! lol. They didn't cook right, and they didn't taste very good. Ended up using the pesto on some sandwiches instead, another impromptu Food Network with available ingredients moment
                        History will judge the complicit.

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                        • #27
                          I wasn't sure where to put this but $1 for tap water could be considered inflation. Momofuku is in the Cosmo in Las Vegas.

                          Momofuku $ Tap water : r/vegas

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                          • #28
                            It is clearly listed on their menu, $1 unlimited filtered water to reduce impact of shipping fancy water. It kind of makes sense to charge $1 for the Vero filtered water. In addition, the labor and materials to wash the cup and serve it to the guest, it's not free.

                            zesoloist on X: "@VitalVegas Listed on their menu. $1 unlimited filtered water to reduce impact of shipping fancy water https://t.co/cH1KU2eI9U" / X

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                            • #29
                              Originally posted by QuarterMillionMan View Post
                              I wasn't sure where to put this but $1 for tap water could be considered inflation. Momofuku is in the Cosmo in Las Vegas.

                              Momofuku $ Tap water : r/vegas
                              Charging for tap water isn't about inflation, it's price gouging. Proportional to overall sales, tap water is the same today as it was 20 years ago. They chose not to charge $0.xx then, now they do.

                              Debating whether or not tap water / ketchup / bathrooms / napkins should be free is a completely separate argument, and companies are allowed to charge as they see fit. There is a real cost for the clear plastic cup, and for the water coming out of the tap / soda machine. Most restaurants just roll that cost into the price of their other goods sold.

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                              • #30
                                Charging for tap water in Vegas is probably not related to inflation. Tourism in LV is way off, though, so it will be interesting to see how that changes the experience there.
                                History will judge the complicit.

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