The price of food continues to drop and I recently went to the grocery store and picked up two boxes of 18 eggs for $2 and I’ve never seen such a deal on eggs before, at least not in recent memory.  I have also noticed the price of other staples down significantly such as rice…
Category: Basket of Goods
Have You Noticed The Price Deflation Everywhere?
If you haven’t noticed, almost every fast food restaurant has a new “value priced” menu which is significantly lower than previous menus. Quiznos now has the $4 Torpedo sandwich; KFC has a new dollar menu; Popeye’s has a $1.99 special; Subway now has $1 sides with the purchase of a sub; Domino’s now has $5…
Deflation Hits Grocery Store
I went shopping today and thought it was time enough to update my “Basket of Goods” category since it’s been a while since I measured inflation. I like to measure my own inflation because I don’t trust any BLS report that comes from the government. All sorts of hedonic adjustments and other crap are factored…
McDonald’s Still Has $0.99 Double Cheeseburgers
A little over a year ago, I wrote this post questioning The Simple Dollar’s math regarding the benefit of a home made burger vs. McDonald’s $0.99 double cheeseburger.   The math was close and depending on what variables you included it was pretty much a wash. It’s now a year later and inflation has made the…
The Simple Dollar’s $0.99 Double Cheeseburgers Math Redux
I was combing through some old posts gathering research for an entirely different topic when I came across an old post that connected so many dots, I figured I had to write this post to try to paint a picture for everyone. Back in September 2007, Trent over at the Simple Dollar wrote this post…
Inflation at ZERO Percent and I have Proof!
I went grocery shopping and bought my “basket of goods” to track inflation. I had intended to do this quarterly but I’ve been swamped with too many personal and business projects to keep up. In any event, here’s my basket of goods and the rate of inflation. April 2008 Item Unit Cost Total Cost 1…
Fed Decision Forces New Category at Get Rich Slick
Who are the big winners with the Feds move yesterday? Borrowers. Who are the big losers? Savers. A few readers questioned my motive a month ago why I went to all my credit card companies and requested credit line increases in this post. I by no means foresaw the Fed cutting rates by 1/2 point…