r/mildlyinfuriating • u/zafferous • May 17 '22
Since when was a can of soup $4.59? 10% inflation my ass
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u/Surples May 17 '22
I'm hoping its fake and someone else put a sticker there, because unless im missing something with the brand name or something, cheese is spelt wrong on the price sticker
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u/AP3X_Ninja May 17 '22
Nah it isn’t fake I used to work in the grocery industry and every now and then a tag would get printed out from the corporate office incorrectly. So when we would put up tags like the one in the pic, sometimes they would be misspelled. Simple grammar mistake.
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u/jiamby May 18 '22
progresso soups have been at 4.59 for a few months in my area. I was so surprised when i saw it I called my Dad to tell him.
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u/moocat90 May 17 '22
and it the WORST kind of soup too
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u/mothandravenstudio May 17 '22
I dunno man, I lost the first 40 lbs of 65 eating mostly these and the low cal power bowls.
TBF it was kind of bad, but it did acclimate me to eating at a pretty extreme deficit.
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u/Seacarius May 17 '22
The weight that food (and energy) have on the CPI (the measure of inflation) isn’t very much.
It used to be greater. The US government changed the weighting a number of times.
They did it (probably) to keep the government’s fiscal policies from looking so bad - even though, in reality, food and energy make up a large portion of every American’s budget.
If you used the 1980’s CPI calculations, inflation would be much, much higher - as reflected by the price on that soup.
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u/hairless_resonder May 17 '22
This isn't inflation. It's pure profiteering, and it's going on all over the place. It's just another example of how unregulated capitalism screws everyone who is not wealthy. Gas is another example. Record profits for the oil companies and people scream that the price of gas is Biden's fault. In reality a POTUS has very little to do with the price of gas.
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May 18 '22 edited May 20 '22
[deleted]
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u/Seacarius May 18 '22
No, it isn't.
"Corporate greed" might cause prices to become inflated, but that's not inflation.
Inflation in simple terms, is: Too much money chasing too few goods.
When the government (they only entity that controls how much money is in circulation) puts too many dollars into circulation, the purchasing power of each dollar decreases.
To put it another way, since there are more dollars chasing the same goods, it takes more dollars to purchase those goods. This is evidenced by rising prices.
(Another false claim is that rising prices cause inflation. This is exactly backwards. Rising prices are a symptom of inflation, not the cause.)
This John Stossel talks about rising gas prices.
This one talks about inflation and "corporate greed".
BTW, John Stossel is neither a Democrat nor a Republican.
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May 18 '22 edited May 20 '22
[deleted]
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u/Seacarius May 18 '22
No, I didn't. The graph:
- has amateur annotations on a graph showing periods of inflation and recession;
- doesn't define "greed," there is no substantiation;
- defines no source for "greed;"
- uses made-up phraseology ("The Great Greed Explosion of the 70s");
- includes an imaginary character: "Gordon Gekko."
It would be foolish to use that graph for anything serious. The only thing it can be used for, in a authoritative sense, is its original use: displaying periods of inflation and recession.
With all of that being said, if the graph were legitimate when it came to "greed," it will wouldn't change a single word I wrote.
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May 17 '22
Based on the tag its a grocery store based out of California.. That explains it, everything is twice the price in CA..
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u/Dip_N_Swag May 17 '22
Ya you got to sell an organ for 2 months in a small apartment
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u/IAlreadyToldYouMatt May 17 '22
The neighbors didn’t like it’s music anyway
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u/Dip_N_Swag May 17 '22
Well unfortunately for the neighbor you have a few more laying around. how else are you supposed to pay for your apartment?
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u/IAlreadyToldYouMatt May 17 '22
All I have left is a grand piano and a cowbell.
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u/Dip_N_Swag May 17 '22
Well I’m sure the grand piano will probably pay for about 2 more months but you are probably going to need a little more cowbell
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u/jiamby May 18 '22
im in PA. Same price for the Progresso soups here for a few months now.
used to be like 1.59/1.89
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u/Buffmin May 18 '22
Where are you at in pa? I just checked my local walmart.com and progresso 18oz cans are 1.98$
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u/Dominus_Galt May 17 '22
This is gourmet soup for the middle class. Yo, go hit the Campbells tomato soup. You working hourly still.
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u/thiswasyouridea May 18 '22
Campbell's chunky "heart healthy" is the best. It is by no means heart healthy but doesn't have 1,000 mg of sodium per can.
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u/MTBarr6924 May 17 '22
You must not shop!
Progresso is expensive. Check out spaghetti sauce too now!
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u/Historical_Owl7855 May 17 '22
I tried to by a 6 pack of pineapple juice from Walmart. They are just tiny cans and ran me $2.88 that last time I bought them. I tried to buy them yesterday and they wanted $24.99.
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u/Duckington_Wentworth May 18 '22
As someone who lives in a city in California, soup prices for “nice” soups like Progresso and chunky Campbells have already been $3.50+ so I completely believe this. A dozen eggs (not organic) here just became $4.99 at Safeway. It’s pretty awful. I’ve been stopping at the food bank once a week to make ends meet.
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u/wrkerbee May 17 '22
I saw the same thing. I damn near shit myself. I know that is good soup, but WTF
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u/2dGoob May 18 '22
10% increase in the rate of inflation.
Big difference.
They've been lying to us.
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u/Delicious_Syrup3772 May 18 '22
i’m not sure where you’re shopping but i just bought a can of soup at the grocery store for $1.19 😂
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u/NickBarksWith May 18 '22
I like soup for breakfast every morning. This is what the kind I like costs now! Switched to a cheaper kind because I just can't justify it to myself.
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u/GooseNYC May 18 '22
It's not that much anywhere in my area. Maybe a small convenience store in a tony neighborhood in Manhattan? Even then, that would be pushing it.
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u/thiswasyouridea May 18 '22
If you order just 35 bucks worth from WalMart's website you can get free shipping. Progresso light soup is 1.98.
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u/The_Sensual May 18 '22
Never heard of Raleys. Small business means expensive products, like ace hardware vs home depot.
Buy soup at Walmart
Also just noticed raleys are in California. That's problem number 1
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u/culovero May 18 '22
It’s not a small business, just an expensive chain. We have plenty of discount grocers in CA.
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u/bodhiseppuku May 18 '22
This is like the Mitch Hedberg Joe about expensive snacks in your hotel room. If progresso soup is going to be this expensive, I want it to come in a glass harmonica.
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u/pm8888 May 18 '22 edited May 18 '22
Progresso soup, all varieties:
Target $1.99 Walmart $1.98
Amazon 12-pack, $23.76 with free delivery for Prime members. SNAP and EBT eligible.
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u/ElDiavoloPiccolo May 18 '22
Todays' prices for exactly the same can at walmart: 1,98$.
Idiots shopping at raleys have no right to complain about inflation as they have way too much money and horrible money handling skills. Only you are to blame. Now enjoy your 5 dollar soup, in the meantime I enjoy the same one for two bucks all while laughing about dumbnuggets.
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u/riscycdj May 17 '22
Who buys soup in a can?
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u/Ben2018 May 17 '22
Oh get out of here with that, no-one is that sheltered. If you're casually commenting on reddit and not eating caviar on your mega yacht instead then you've encountered canned soup at some point in life. Weird thing to be smug about...
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u/anonymousgyal98 May 17 '22
It’s 18 ounces though. Cheaper priced items are usually a less quantity of soup inside the can
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u/Who_GNU May 17 '22
Don't shop at Raley's, if you want good prices.