- Now could be a good time to start a plant-based diet, if you need that extra financial incentive. Meet, poultry, fish, and eggs have prices have grown at least twice as much as food and beverage category.
- It is also better for your pockets to be an alcoholic than a chain smoker (although these are not mutually exclusive and I am not taking future heath care costs into account!). Inflation of tobacco products is around 5%, whereas inflation of alcoholic beverages is about 2%.
- It is also a great time to buy a computer, with personal computer prices falling by about 8% over the last year. Here is more info on the so called "Great Deflation."
Friday, April 29, 2011
More on inflation
Flowing Data posted this nice graphic on the latest inflation numbers. Obviously, if you have a long commute everyday, then your wallet is getting thinner. Gas prices are arguably the most visible prices in our society. But most people are much less aware of other prices. A few other observations:
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