Wednesday, May 3, 2023

Grocery Store Inflation

Q. Hi Lynn I have a question. I don't know if this is happening in the USA, but here in Canada grocery prices have gotten out of hand and are at the highest I have ever seen. Many people are mad and there is a lot of pressure being put on the federal government to reduce prices or at least justify why prices are so high. The problem with that is many grocery chains have publicly come out and sad they are having "record highs" in profits. If prices were raised due to inflation they should not be saying this, they should be breaking even or have slight profits not record highs. It has led many people to believe they are being gouged at that grocery stores. So what do you feel is this just a factor of inflation or is this corporate greed? 

A.  This is a situation that many people in many countries are facing.  Most are seeing items cost more with each trip to the store.  It isn't just one item (such as dairy) it is nearly all items.

In getting to the root of this, I get it is a combination of greed, inflation and manufactured supply chain break-downs.  The goal is to create a two-class government in which there are poor and rich.  It is a way to create a socialist system in which the rich and connected rule the world.  The inflation and shortages only impact the poor because the rich will always be ok.  Walmart or Amazon may feel the hit, but they will survive the storm and gain a huge market hold due to the collapse of their competition.  This is a long game they are playing.

Once they get what they want from a socio-economic standpoint, it will make implementing the digital currency easier too.  People will need the help, need their income and need their retirement accounts, so they will have to submit to this trackable, controllable and taxable currency.  This is about collapsing what we have to build something they want.

I do get the big stores are making record profits.  As some smaller businesses are forced to close their doors, their market share goes to the larger chains.  The big companies are taking this consumer crisis and using it to manipulate their own profit margins for the better because choices are limited and people still need certain goods and services.  

This is a sad time and it is more important than ever to become self-reliant.  Learn a trade, grow some food, find someone to barter with and create a plan.

And that is all I have for this reading.  Love and light, Lynn 

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7 comments:

The enlightened one said...

Same thing in Sweden! They are taking their chances to raise prices now, because everyone will blame it on Putin. People are so brainwashed by propaganda in media, that they'll think all price increases are because of Putin.

I heard on the radio today that food prices in Sweden dropped by 0,5% in April, compared to same month last year. This is the FIRST time in FOUR YEARS that food prices drop AT ALL. In just the last 16 months, food prices in Sweden have increased by a whooping 21%.

However, the Swedish branch of the German grocery chain Lidl has started a campaign to temporarily lower their prices on their most essential products. This has probably put pressure on the other grocery chains to lower their prices too.






Lynn White, Focus Sessions said...

@enlightened one: Interesting... I bet Lidi is tied to Aldi (a sister store here). I'm curious to see if they follow suit. The prices in the states are up a LOT too. Some items are even 100% increase. This is ALL manufactured and meant to destroy the economy.

Robert Schoen said...

Since this is manufactured inflation it is also reversible, just like gas prices were. Change for the better is coming and it's important to remain optimistic despite all the darkness we're currently in now.

The enlightened one said...

@Lynn
Apart from both being German in origin, they are completely unrelated. Aldi and Lidl both have stores across much of Europe, with the difference that Aldi has no stores in the Nordic countries. Lidl isn't as well established in the US as Aldi, having stores only on the east coast https://www.lidl.com/stores.
As a little fun-to-know fact I just learned that the food that increased the most in in the last year is leek with 120%.

RealCousinIT said...

I was at Walmart yesterday and the price for a watermelon 🍉 was $7.75.
I don’t need to eat watermelon that bad, as a retired chef these prices are escalating
at a rate most people can’t comprehend. I shop at Aldi and local farmers markets
owned by the Amish and Mennonite communities, I’d rather give them my money than
the big box stores.
I don’t seen an end to this inflation for the near future.

Lynn White, Focus Sessions said...

@Robert: Great point! It is possible to reverse if we can get our administration to fight for rather than against us.

@enlightened one: I heard the division of the two had to do with the sale of cigarettes. Lidi was for it, and Aldi was against... so they are sister stores. I could be wrong, but just what I heard years ago..

@RealCousinIT: I agree with everything you said.. I do a very similar thing..

Kalamota Kook said...

Lynne, yes and no! Aldi split into two companies in Germany as the brothers who ran the company disagreed about selling cigarettes. They are referred to as Aldi Sud (I don't know how to do the umlaut) and Aldi Nord - i.e. South and North Germany. There is no link to Lidl.

In the USA "Aldi" is Aldi Sud and Trader Joe's is the Aldi Nord company, but there is no current link between the two (or Lidl).

Hope that helps!