• Jesus@lemmy.world
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    4 个月前

    It’s earning season, the numbers are in, and at the end of the day, the execs are more afraid of Wall Street than Trump.

    Many more price are finally going to start reflecting tariffs in the states. The big companies are no longer holding back.

  • Treczoks@lemmy.world
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    4 个月前

    “Eat the tariffs” - As if companies like Walmart would love to make less profits just to please politics. Heck, they usually pay politicians to help them make more profits!

  • VitoRobles@lemmy.today
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    4 个月前

    Stopped going to Walmart because prices were comparable everywhere else. Or, the price was slightly lower but the quality was garbage.

    • Buddahriffic@lemmy.world
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      4 个月前

      I remember back about a decade ago, I was buying kitchen stuff, getting ready for moving out of home for the 2nd time. I had gotten a few things from one of the specialty stores but was with my partner at the time at a walmart (which I hated already and wouldn’t have been there on my own) and decided to hold my nose and grab some other things we still needed while there.

      Only when I looked at the prices, they weren’t any better than the specialty place. Some things were even worse.

      I realized they probably just advertised some loss leaders to get people in and then their prices for everything else were normal or high.

  • fartographer@lemmy.world
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    4 个月前

    Are we getting close enough yet to the hyperinflation stage of Nazi Germany for experts to consider this an issue?

    • N0t_5ure@lemmy.world
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      4 个月前

      Not quite yet, but as Trump increases his grip on the Federal Reserve, which should reach a tipping point when he appoints a new Chairman in May of 2026, you can bet 100% that monetary policy will hyperinflation on a level never before seen in the U.S… Expect >50% annual inflation level.

      • fartographer@lemmy.world
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        4 个月前

        Yippee!!! 50% increase! So you’re saying I should buy all the bread and eggs right now, store them until May of next year, and then I’ll be a billionaire, too???

        Me in December: this place smells like shit…

        • N0t_5ure@lemmy.world
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          4 个月前

          A better strategy is to buy real assets like gold and silver, which not only hold their value with inflation, but generally tend to explode in price as people wake up and pile in.

          • fartographer@lemmy.world
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            4 个月前

            Gold and silver are expensive compared to bread and eggs. You’re just jealous because I came up with the plan first!

            • SabinStargem@lemmy.today
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              4 个月前

              It was true during the Great Depression and the Weimer Republic. I think Trump’s profile would neatly slot into both of their shapes, if we are to predict the future.

          • prole@lemmy.blahaj.zone
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            4 个月前

            When people “wake up” and trade their paper for shiny metals with no real inherent value beyond maybe industrial uses.

            • N0t_5ure@lemmy.world
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              4 个月前

              Shiny metals have had value to men for the entirety of recorded history and across societies, perhaps originating in their desirability for jewelry, for which they are still in significant demand today. They have been used as money more or less since the advent of money.

        • N0t_5ure@lemmy.world
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          4 个月前

          Buy real assets like gold and silver. There is a reason why they are near their all-time highs, and the general public hasn’t piled in yet. The current bull run has been largely driven by central bank purchases. When the shit hits the fan there will be exponential growth.

      • fartographer@lemmy.world
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        4 个月前

        I worded my comment poorly. I’m including the rise of the Nazi party as a stage of Nazi Germany. I find the reaction to hyperinflation just as integral as the Beer Hall Putsch (which I often compare to J6) to the existence of Nazi Germany.

        I think Trumpler is trying to check all the same boxes and isn’t particular about the order.

        • Doomsider@lemmy.world
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          4 个月前

          One of the only things he has seriously studied in life is Nazism. He has always had an unquestionable fascination with Hitler. I wish I was making this up.

          So yeah, it would not surprise me if he and his cabinet are ticking off an all too familiar checklist.

  • melsaskca@lemmy.ca
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    4 个月前

    What do they mean “on a week to week basis”? We’ve been shown, based on their television adverts in the last decade, that the little yellow price ball does that all the time. Were those commercials fake news?! /s

  • vala@lemmy.dbzer0.com
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    4 个月前

    I just can’t accept that employee owned grocery stores like WinCo are somehow keeping prices down but big grocery stores like Kroger are just skyrocketing.

    Prices on many items are literally 200% the cost of the same exact item at WinCo.

    They don’t pay their employees more so where is that extra 100% profit going?

    • Pyr@lemmy.ca
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      4 个月前

      Employee owned stores have a massive competitive advantage over corporate owned stores.

      They have no shareholders.

      Corporate stores need to show consistent growth in profits, not simply consistent profits.

      Employee owned stores can at least get by without making more profits year after year, as long as they make enough to pay themselves and keep up with maintenance.

      • bountygiver [any]@lemmy.ml
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        4 个月前

        Employee owned stores can even get by with exact 0 profits, since the employees would’ve already gotten their fair share in the form of their salary.

  • 1D10@lemmy.world
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    4 个月前

    Hey! wanna play a fun game? find a few items in walmart and take note of their price, then take note of the new tariff price, now the fun part, after the tariffs are over see if the price goes back to the pre tariff price (be fair adjust for inflation) .

    Spoiler if the items still sell at the tariff price they will only go down a fraction of the tariff increase.

  • b000rg@midwest.social
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    4 个月前

    The Walmart in my town is weird as fuck because it barely has any food in it. Like MAYBE 10% of their floorspace is foodstuffs. And it used to be okay because there was an employee-owned grocery store in town. Well, that grocery store chain apparently got bought out recently, and not only are they raising their prices faster than Walmart, they also can’t keep the shelves stocked because the people doing the ordering don’t work in the stores. I’m actually thinking I might have to start driving an hour to the nearest WinCo if prices keep skyrocketing like this.

      • b000rg@midwest.social
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        4 个月前

        Yeah, I get that. This one store has remained in its early-2000s renovation layout while all the other nearby locations of its size went the opposite direction and became Neighborhood Markets and only sell food. That’s what has me baffled by it.

  • cuteness@sh.itjust.works
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    4 个月前

    But Trump told me that they won’t do this and he’s watching them!! How could they go against daddy Trump! 🤣

  • DarkFuture@lemmy.world
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    4 个月前

    Wondering how much more of my life I’m going to have to live watching our society become less stable every single time Republicans gain control before Americans put 2 and 2 together.

    Based on the last 10 years, I’m assuming it just isn’t going to happen.

  • TrackinDaKraken@lemmy.world
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    4 个月前

    Walmart, the Walton family billionaires, publically blaming Trump’s tariffs doesn’t leave much room for Trump, MAGA, or Fox to shift the blame. I suppose they’ll still try, but I think even MAGA will understand the truth, though they may not admit it.

    • PMmeTrebuchets@lemmy.zip
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      4 个月前

      One of my best friends voted Trump, and I have tried like 3x now explaining to him how HE PAYS MORE NOW FOR GOODS because of the tariffs and I think I’m finally getting through to him. But he somehow keeps thinking it’s a net positive 😭 this is what disposable income does to a MF I swear /s

      • Netrunner@programming.dev
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        4 个月前

        Might wanna consider a new best friend set. If these people haven’t come around yet they just aren’t going to.

  • Windex007@lemmy.world
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    4 个月前

    THEY BETTER NOT! I’LL BE WATCHING AND LET’S JUST SAY THAT THEY WON’T APPRECIATE A CALL FROM ME (BUT IT GOES WITHOUT SAYING THEY’LL TAKE IT)! THANK YOU FOR YOUR ATTENTION TO THIS MATTER.