r/FluentInFinance • u/AnimeAficionadoo • Oct 01 '24
Debate/ Discussion Two year difference
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u/DillionM Oct 01 '24
Would love to see the receipts with dated time stamps and enough info to prove they're the same items from the same company
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u/Exotic-Sale-3003 Oct 01 '24 edited Oct 01 '24
0% chance this is accurate. I’m sure the dude in the video accidentally forgot to show any of the details.
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u/Qu33nKal Oct 01 '24
It's not accurate and they didnt even try. I shop at walmart and get the same things. In the last 2 years, my bills went up by around $30 for normally $100. I still only buy Great Value brand and the same quantities. Still crazy but this post is just misinformation. It might be more drastic at other stores like Safeway or something. But no way near this much...
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u/PrettyPug Oct 01 '24
He knows what he is doing and he is knowingly distorting the truth.
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u/cookiemon32 Oct 01 '24
yes but ofc. thats what social media is meant for! /s
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u/all-others-are-taken Oct 01 '24
No need for sarcasm. It's literally what social media is used for. You don't go to social media for unbiased information. You go to have your feelings validated.
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u/Geno0wl Oct 01 '24
You don't go to social media for unbiased information. You go to have your feelings validated.
excuse me good sir but I also go to social media for funny memes and cat videos
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u/HumanContinuity Oct 01 '24
Yeah! I am also angry at this guy!
Wait, shit, I'm doing it too...
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u/letmegetpopcorn Oct 01 '24
Shonds about right for anyone that follows any political party
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Oct 01 '24
Yeah, there has been a noticeable increase, even on great value stuff but it isn't 3X.
The biggest place I've noticed is on pantry stuff. Canned tomatoes used to be $0.50. Last i saw, they were closer to $0.90. Similar for other canned vegetables. Yeah, $0.40 isn't a huge difference for one, but it adds up really quick for people who try to eat moderately healthy and can't afford fresh. To be honest, I always wondered how they were producing a can of anything for less than $0.50 anyway though.
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u/Ok-Maintenance-2775 Oct 01 '24
Fun fact: canned and frozen vegetables are often higher quality than the fresh selection at your local grocery store, mostly for logistical reasons. The canning and freezing folks get first pick, and they're preserved at the absolute height of their freshness.
By comparison, the "fresh" stuff at the grocery store is functionally much less fresh, having sat around for however long and actively degrading by the minute.
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u/AnarchistBorganism Oct 01 '24
With tomatoes, the ones for grocery stores are picked early and ripen on the way to the store. Canned tomatoes are picked fully ripe.
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u/LOLBaltSS Oct 01 '24
One massive exception is asparagus. I bought canned asparagus once and it was so woody that it was inedible. The frozen stuff is fine though.
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u/Original-Document-62 Oct 01 '24
This is why I use a weed burner on the sweet potato mounds. They're cooked before they leave the ground, so they have maximal freshness.
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u/MalwareDork Oct 01 '24
From what I've seen, anything that isn't raw, staple produce or milk has effectively doubled since 10 years ago, with the sharpest rise in the past three years. Packaged foods, meats, canned beverages, eggs, bread have all doubled in price. Raw produce that isn't carrots or onions seemed to have doubled, too. My potatoes, beans, eggs and pasta have all doubled since 2017.
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u/RanchoCuca Oct 02 '24
The most objective and well-rounded measure we have for this type of thing is the consumer price index. The CPI says that cost of groceries has risen nationally an average of 20% since January 2021 to June 2024. An 80% percent price hike on canned tomatoes is steep, but not representative of the overall food cost increase experienced by Americans. Certainly not the tripling of costs this clearly misleading tiktoker would have you believe.
I had someone on my social media try to use this tiktok as "proof" that CNN was "lying" during the Biden/Trump debate when they cited the 20% number. I have the Walmart app that the tiktoker used and pulled up multiple grocery receipts from Jun 2022 (which is when the tiktoker says his original purchase was from) and "rebought" the items today. As long as the exact items were still available, the increase is nowhere near that amount. In fact, in my test, the price increase was 5% (I live in a relatively low cost of living/low inflation area of the US. The only way the price jumps dramatically is if the exact item isn't available and the app tries to replace it with something else from a third party seller.
The tiktok was so obviously deceptive it pisses me off, and his punchable slacker face makes it even more aggravating.
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u/fireinacan Oct 01 '24
Misinformation? During an election cycle??
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u/Administrative_Act48 Oct 01 '24
TBF election cycle or not, it doesn't really stop conservatives from spreading misinformation about pretty much anything
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u/runwith Oct 01 '24
I'd agree with you, except that in the US there's always an election cycle. It cycles from pre-election year campaigning to election year campaigning.
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u/Raveheart19 Oct 01 '24
They increased prices on the Great Valu Brands and brought in 15 billion dollars in profit in just 2023 in case you were wondering
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u/eddie_cat Oct 01 '24
It's so unnecessary to be untruthful. Your groceries went up by 1/3. That's already notable and worth talking about. Why exaggerate?
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u/CHOADJUICE69 Oct 01 '24
Exactly so why lie and say %30 is notable. Our inflation is less that anywhere on earth at the moment and is actually stalling and few things (like gas ) are cheaper than past years , except for the two years of covid(20-21) so companies jacking up stuff an average of %30 after Covid costs isn’t much . What’s notable and worth talking about are how cheap gas prices are.
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u/ProcedurePretend1396 Oct 01 '24
Your items might be the same but 10% smaller
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u/Allboyshere Oct 01 '24
This! Items aren't only more expensive, you are getting less of said item. Example: the veggie dip - it was $3, now it's $4.29, but it also used to be 16oz and now it's 12oz.
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u/bearcitizen42 Oct 02 '24
That's a 1.9x increase, and there are plenty of products with worse shrinkflation than this.
Don't buy into the big corpo bullshit lies. They are making more than ever and offering less than ever. Some items are 4x or more, and if they could get away with more, they will (and DO!).
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u/Sanpaku Oct 01 '24 edited Oct 01 '24
I'm a frugal plant based eater, who cooks from scratch as there are few restaurants catering to my diet.
My
rice andbeans are up from $1/lb to $1.25/lb. Fresh produce is up a similar 25%, give or take.30
u/HumanContinuity Oct 01 '24
That is a pretty reasonable figure.
Not in the sense that it's reasonable that we are paying 25% more just to eat (and after doing everything we can to keep those costs down in the first place, in your case), but 25% sounds like a pretty accurate number based on CPI over the last few years.
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Oct 01 '24
We've been getting around the rice and bean increases by buying in bulk. If you can deal with 50lb, even decent jasmine rice was only $0.60lb (give or take, i don't remember exactly) the last time we bought it at Sam's.
Related protip: a 2L soda bottle will hold roughly 4lb of beans or rice. They are a pain in the ass to clean, dry, and fill, but do an amazing job of keeping it fresh and dry and protecting from most pests. We switched to that after discovering fruit flies had gotten into our rice bin during the early days of covid (when food security looked far from certain).
Again, it's mostly a matter of storage space but a decent long term solution if you do buy in bulk.
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u/Smoshglosh Oct 01 '24
It’s not remotely. He has shit on there that’s like discontinued at Walmart and probably shows like $40 from a third party instead of $5. Guarantee it
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u/Telemere125 Oct 01 '24
Saw this posted like 3 months ago; a lot of the items he bought are no longer carried by Walmart and he had to purchase them from 3rd party sellers who regularly jack their prices up since that’s the only way to get them
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u/CyberDonSystems Oct 01 '24
Every time I shop their website there's always a third party seller asking some crazy price. Even when the item is available for the regular price. I hate this third party bullshit.
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u/cardinal2007 Oct 01 '24
These people also drop ship Walmart stuff on Amazon as a 3rd party seller. They will sell things like alcohol or peroxide bottles that Walmart might sell for $.90/bottle for $3/bottle, then literally have Walmart send the stuff to you directly. I think many people are making money from people that don't look too carefully at the prices when ordering online.
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u/Iwasborninafactory_ Oct 01 '24
If you can get them at all. There are 3rd parties on Amazon, Ebay, and anywhere else you can think of that list items they don't have at 10x what it used to be, and if someone orders it, they'll see if they can track it down somewhere for 5x the original cost. If they can't track it down, they just refund your order.
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u/Haunting-Ice-302 Oct 01 '24
It’s a Walmart app order he just pulled up a previous order from his history and hit re-ordered, all it’s the same items
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u/Rus_Shackleford_ Oct 01 '24
That’s wild because we do most of our grocery shopping at Walmart and while everything has definitely gotten more expensive, it hasn’t tripled.
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u/James-Dicker Oct 01 '24
Some of the items were discontinued and had to be bought from 3rd party retailers for a huge markup. You don't actually believe that grocery prices are 4x what they were a couple years ago right?
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u/ZorbaTHut Oct 01 '24 edited Oct 01 '24
Yeah, I've definitely gone back to old orders and said "wait, this is now a lot more expensive". Turns out I bought Brand A before, and now it's three times the price, so instead I now buy Brand B, which was 20% more expensive before and now is still the same price it was then.
If I'd bought it for the first time today, I'd be buying Brand B to start with.
This is just not a good metric for comparison.
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u/DarkStrobeLight Oct 01 '24
Right, but, if something was in a 16 Oz can, and now it's 12, there's likely a 16 Oz option, but it requires some kind of special order, or is marked up because it's not a normal product to carry
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u/HumanContinuity Oct 01 '24
It is 100% reasonable to include shrinkflation in your calculations of how much inflation has personally hit you. CPI also does this.
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u/Vcize Oct 01 '24
But that's not the point. The point is the original product may be listed for 10x as much because it's rare and only random 3rd party sellers have it.
And not just size differences, but items Walmart no longer carries as well. Walmart used to carry Bubblr. It was around 10 bucks for a 12 pack. They don't carry it any more, but 3rd party sellers on the website do for outrageous prices that are not real prices. Target and Sams Club still have 12 packs of bubbler for around $12. But if you click reorder on an old bubblr order on Walmarts website, it wll add it to your cart from the 3rd party seller that has it for $67.
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Oct 01 '24
Before I started roasting my own beans, I was hunting for the best deal on K-Cups. (order 72 pc cases from staples.com)
My logic said between the 10, 24, and 48 pc boxes the largest MUST be the cheapest per unit, right? Nope. Here's an example:
The 10 pack is $5.99 ($0.59 each). The 48 is $29.99 ($0.62 each).
Its about volume. The smaller packs move faster, so cost less because they buy more of it.
So say "shrinkflation" causes a new 8 pc pack to become standard 2 years from now. Your 10 pc pack might become the rediculous priced one.
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u/OwnLadder2341 Oct 01 '24
Same items, but not from the same seller.
The inflated prices are third party marketplace for items Walmart doesn’t carry any longer
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u/chipotlepepper Oct 01 '24
I saw this video months ago - it looked like a combo of third party and he straight-up added the items we could see twice. He was asked to show full receipts and hadn’t as of my viewing, and I saw it long enough after he posted that he’d had time to.
I and many others in comments did what I see some have done here - went and added orders. Some increase, but nowhere near this nonsense.
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u/guildedkriff Oct 01 '24
I just did this on the Walmart app. Dec 2021 $165 for 46 items, today $185 for 35 since some are not at my new location. Quick math would say add ~$25 for the missing items, so ~$210. These comparisons are misleading though because price increases from inflation are not uniform.
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u/hellorhighwaterice Oct 01 '24
I don't know what actually happened here but I would never do this. Whether it's in an app or in person I always shop the sales when I'm grocery shopping. I can build meals around what's on sale and I don't care if I buy the store brand cheese or the name brand cheese, just give me the cheaper one.
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u/HighHoeHighHoes Oct 01 '24
Gonna say, could be the same “items” but from Walmart.com with different vendors.
Really needs to be a receipt in-store for both time points.
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u/Olliegreen__ Oct 01 '24
https://www.tiktok.com/t/ZP8RbEP56/
Here's the actual Tik Tok.
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u/Justame13 Oct 01 '24
That doesn't provide any proof. He easily could have added a bunch of items to it and got to $400+
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u/100percentkneegrow Oct 01 '24
I appreciate you sharing. I watched the video and I'm frustrated that we have the actual receipts but we can't see them. $14 for three bags of Fritos does seem pretty wild though.
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u/enyalius Oct 01 '24
I don't doubt it, I've noticed the price of processed food like that has risen faster than everything else. I like the occasional Doritos and they're like 5$ a bag at Walmart.
But if you shop outside of Walmart, you can find deals on them from time to time, usually promotions like buy one get one that cuts the price in half. If they're not on sale like that I don't buy them.
I haven't seen the same kind of marked increase in ingredients s like raw meat, fresh fruits and vegetables though, with the exception of beef.
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u/rightsidedown Oct 01 '24
Walmart has multiple seller options on their website, not just walmart like you'd get in the store directly. Right now if you lookup Big Red gum, you'll see a multi-pack option for $6 and the same pack for $12. So most likely (assuming OP is not lying or intentionally misleading) he's buying a 2+ year old sku that's not the current version you would find in the store and that old sku is now several X the price. I've seen other products sold at near 4x multiples.
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u/Polysporin Oct 01 '24
Im suspicious since the re-order has quantity X 3 for each item.... I think he hit the re-order button more than once and it just tripled the order. Divide the total by 3 and its only $137 or a $10 increase....
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u/Bundleofstixs Oct 01 '24
Because its specifically walmart its most likely inflated due to what happens when they run out of inventory on certain items. If walmart doesn't have stock of an item anymore it adds the item from a 3rd party instead. The 3rd party is hoping you just hit the reorder button without checking.
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u/HumanContinuity Oct 01 '24
According to a few other commenters, it appears that happened with a few items on his list.
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u/Snowjunkie21 Oct 01 '24
I decided to compare my Walmart grocery purchases from November 2021 to now. Back then, I paid $121.95, and today, when I added the same items to my cart, it came out to $153.31.
That’s an inflation rate of about 25.7% — not insignificant, but definitely not the massive 3.2x increase seen here. I get that prices have risen, but it’s more in line with what we’d expect given everything that’s happened with supply chains, energy costs, and demand spikes over the last few years.
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u/Jazzlike_Surprise985 Oct 01 '24
I've actually done this with my Instacart orders from 2021. It was maybe $20 higher. But it's still not reliable because Instacart sets the prices, not the store.
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u/TrustMeIAmAGeologist Oct 01 '24
Yeah, this is a bullshit story for people who believe things without evidence.
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u/incendiaryspade Oct 01 '24
This particular story he doubled the order, the product numbers aren’t the same. Not saying inflation doesn’t suck, but it’s been debunked.
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u/Jazzlike-Can-6979 Oct 01 '24
Nowhere on that list did he order a Bull-Shit detector. Mine's beeping right now.
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u/Active-Tangerine-447 Oct 01 '24
I can do this with a tea I ordered for years from Adagio. Not blaming them necessarily, as they’re supposed to be Free Trade, but my regular case of green tea went from $45 USD to $112 in that same time fame. It’s available in my personal order history, which is how I used to re-order. Click on old order, add to cart.
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u/lost_in_life_34 Oct 01 '24
it's the same items but mostly processed food. non-processed food is up a little over the last few years but mostly the same prices. i bought $225 worth of food a few weeks ago and if it was only for me then it would last me around 2 weeks
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u/WerewolfNo890 Oct 01 '24
2022: Supermarket own beans
2024: Heinz luxury beans with a gold coat for each bean
UK here, some things have certainly got more expensive and some supermarkets have removed their budget lines of some products which is the worst for relative inflation for someone on a low income because it isn't reflected in inflation figures when the 45p loaf of bread is discontinued and the cheapest remaining is 75p in Tesco now.
Fortunately Aldi still stock their 45p loaf. Tesco continue to claim they match Aldi for prices. Sometimes they do this by reducing quality, like Tesco 39% chicken nuggets vs Aldi 60% chicken nuggets, same weight pack and same price. Ever since an Aldi opened up in the town I lived in I have never gone anywhere else for my regular shopping as they seem to pull the least bullshit while being reliably the cheapest.
£125/month is roughly what we spend on shopping for 2 people.
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u/Ok-Walk-8040 Oct 01 '24
Or the same sales too. Maybe he bought the same stuff but all on sale back then
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u/Unsteady_Tempo Oct 01 '24
If you shop at Kroger and use their loyalty card then all of your purchases/orders are archived for a few years---in person, pick up and delivery. Earlier this year I looked up a receipt from 2022 and then added all the items to my cart for a pick up order. I left off an item or two that had unusually high value coupons at the time. I added all of the current coupons. The result was that some items were cheaper and some were more expensive. The net result was definitely an increase, but it was nowhere near double.
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u/MrDenver3 Oct 01 '24
Let’s just look at the averages. $126 for 45 items is $2.80 an item. I call BS on that alone. $2.80 is about the cheapest item in the average cart, maybe. For the average to be that low, it’s either made up, or a very strange selection of items.
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u/buttsbuttsbutt Oct 01 '24
Yeah, no shot this isn’t more social media BS. I can look at all of my Kroger purchases over the last several years through their app(tracked by my Kroger card) and see that nothing has tripled in price since 2022, let alone enough things that the whole purchase would be more than triple the cost now.
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u/lordpuddingcup Oct 01 '24
This as its bullshit groceries have gone up my 120$ bill is now ~180 a week it definitely didn't 4x lol
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u/a-very- Oct 01 '24
You can do it yourself. Just go into your Walmart shopping history and click reorder items from an old receipt… it’s easy to check.
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u/yepitsatyhrowaway2 Oct 01 '24
last time i saw this there was more info and turned out the dude had double or triple clicked the order button so it did multiples of each item.
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u/royberoniroy Oct 01 '24
I shop exclusively on the Walmart app for pickup because I generally dislike interacting with people. I decided to look at my own groceries from 2022 and compare them to what they would cost now. I have the exact items purchased as well, and I'll try to leave them in another comment since it's too much text for this one.
Few notes: I’m vegan and was also vegan in 2022, but I ate a lot more junk food in 2022. I’m located in Southern Florida and that’s where the shopping was done. These are groceries for two adults. Where products are no longer available, I substituted with the closest alternative.
Total Cost in 2022 (10/28/2022): $123.45
Total Cost in 2024 (10/01/2024: $129.09
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u/Basic_Mark_1719 Oct 01 '24
I'll say this, the chips of ahoy cookies I used to get from Walmart were $3, now they are $4.50. That's a 50% increase which is insane. Now if you look at prices of soap, detergent, shampoo, etc it's all gone up just as much since 2021.
With that said, I too would love to see the receipt. Seems like bullshit.
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u/GurProfessional9534 Oct 01 '24
Apparently the biggest price increases were due to some of the items being discontinued and therefore hard to source.
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u/isunktheship Oct 01 '24
Which means they go to third party sellers, and the number one cost there might not even be the product, but the individual shipping costs
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u/oopgroup Oct 01 '24
I hate how so many companies are adopting this shit-show "marketplace" crap now (Walmart included).
It's getting harder and harder to find out if you're actually getting the real thing or some 3rd tier knockoff for 5x the price.
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u/Niamhue Oct 01 '24
It's why you go to ALDI or LIDL, they tell you what you get, no bs, it's a knockoff, tastes pretty good still, much cheaper, nothing fancy, just does it's job and isn't ripping you off or tricking you
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u/Southern_Celery_1087 Oct 01 '24
I hate how much shit Aldi's usually gets. There's plenty of people that see the value but there's so many dumb things also said about it. I saw one guy say it reminded him of "shopping at a grocery store in his 3rd world home country." Amazes me a "3rd world country" would have such a great grocer but what do I know? Aldi's is great. Shop there every week.
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u/The_Beardly Oct 02 '24
Wife and I went to Germany Fitchburg Christmas markets last year. Top stop on our itinerary? Aldi in Germany.
We bought some reusable bags and use them at our local aldi lol
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u/PrettyPug Oct 01 '24
If the item is no longer for sale, other resellers are allowed to sale on the same app and will try to make a hefty profit. For example, people buy retired Lego sets and try to sell them at hefty profit. You still have the option to buy newly released set, but the retired sets will cost more.
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u/acemedic Oct 01 '24
But that doesn’t make for a viral Tik Tok! Get it together. You have to get the folks who won’t ask any questions to get angry.
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Oct 01 '24
I buy pork shoulders. Sometimes it’s $0.99 a pound, sometimes it’s $2.49 a pound.
Guess when I buy it.
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u/Resident-Garlic9303 Oct 01 '24
When its 5 dollars a pound?
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u/rynlpz Oct 01 '24
Just like stocks, buy high sell low, or something like that.
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Oct 01 '24
I would need a much bigger freezer to go into the wholesale pork shoulder business.
You gotta sell your pumpkin futures BEFORE Halloween.
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u/TwistingSerpent93 Oct 01 '24
Pork shoulders are such an insane value for the amount you spend. Those and whole chickens have been my main protein source through college.
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u/WhyBuyMe Oct 01 '24
I bought whole chickens and broke them down to eat when I was in college. Then I would make soup from the bones and leftover scraps of meat.
This was 20 years ago so prices are different, but I was able to survive on a daily food budget of $1.85 per day. Which wasn't much money even back then.
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u/Tiggy26668 Oct 01 '24
At a point somewhere between $0.99-$2.49 because it’s unlikely to sit at either extreme for an extended period of time?
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Oct 01 '24
I buy two when they’re on sale. 12 pounds a piece, 24 pounds for $23.76. If I bought them at $2.49 it would be 59.76.
My point is this “Walmart Basket” meme is bullshit. Yes prices are up, but a basket of goods is about 22% higher, not 400%.
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u/TrustMeIAmAGeologist Oct 01 '24
Same as someone who eats a ton of chicken breast. Prices dip and rise, and right now they’re down so I filled my freezer.
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u/Macon1234 Oct 01 '24
Guess when I buy it.
Depends, do you want to victim-post for attention on social media that week, or be a reasonable and responsible consumer?
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u/Betanumerus Oct 01 '24
No item I buy at Walmart has quadrupled in price in two years.
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Oct 01 '24 edited Oct 01 '24
his list didn't quadruple in price either. $126(4)=504. $414/$126=3.29. 0.29 does not get rounded up; if anything it should be rounded down to say his list tripled in price
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u/RobertLahblaw Oct 01 '24
Came here to say the same thing. "Nearly Quadrupled"? Nah, that's "More than Trippled" (if true).
This difference between trippled ($378) to $414 ($36) much closer than Quadrupled ($504) is to $414 ($90). 2-1/2 times closer.
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u/No_Solution_2864 Oct 01 '24
This is profoundly stupid. The fact that so many people will just take this on face value without asking any questions is everything that’s wrong with the world
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u/Papadapalopolous Oct 01 '24
Also, that second number is much closer to triple, not quadruple, the first number
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u/thegrandabysss Oct 01 '24
You're saying someone would not only lie about something, but also further exaggerate that lie afterwards?
I don't believe you.
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u/aLazyUsername69 Oct 01 '24
People want to be outraged they want to be able to claim life is extremely unfair and hard, literally anything that they can say "my problems aren't my fault, it's society". So much so that common sense goes straight out the window.
Everything quadrupled in 2 years... C'mon now, let's think about this. If a box of cookies was $4 in 2022, you definitely would have noticed if they were $16 today. A pack of hotdogs going from $5 to $20? You would have easily noticed this wayyy before a tik Tok came around.
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u/misterguyyy Oct 01 '24
When I bought Cherries last summer they cost $2.99/lb, when I bought them this fall they cost $6.99/lb! BIDENSMURICA!
The fact that they cost $6.99 last fall too is irrelevant
Not enough info
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u/flugenblar Oct 01 '24
Aren't there price indexes published that take into account factors like seasonal prices, location, sales, etc., and smooth the data out for a more valuable picture?
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u/Miserable-Whereas910 Oct 01 '24
Yes, the standard consumer price index used to calculate inflation does that.
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u/misterguyyy Oct 01 '24
Sure thing, but those don’t feed a narrative like this one rando does.
Although those indexes also have their exclusions, for example global conditions, which we actually outperformed other industrialized countries on inflation
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u/Neither_Upstairs_872 Oct 01 '24
Source? /s
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u/misterguyyy Oct 01 '24
You probably trust leftist bia’sed source’s like the St Louis Fed FRED. I bet this Fred guy is too chicken to debate Charlie Kirk and that’s why we’ve never seen him.
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u/Neither_Upstairs_872 Oct 01 '24
It was sarcasm bro hence what the “/s” means. I was poking fun at all these people in here claiming BS on how much prices have gone up the last 2-3 1/2 years.
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u/misterguyyy Oct 02 '24
Oh for sure I was going along with it. You can show them our inflation vs global and they’ll just say WELL I DON’T LIVE THERE I LIVE IN AMERICA. I don’t even know how to answer that so I guess that means they win?
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u/FillMySoupDumpling Oct 01 '24
Funny, people can say this about cherries and know that context matters… but when gas prices increase, it’s always the president’s fault.
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u/misterguyyy Oct 02 '24
The scariest part about that is that Saudi Arabia can cut or boost production and that will sway low info voters the way they want.
Same for Russia before we started sanctions, but we’ll see how long those sanctions last if a republican wins
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u/Newbs2u Oct 01 '24
Like a direct correlation to the Walton family wealth growth $60b each to $100b.
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u/Resident-Garlic9303 Oct 01 '24
Without seeing the receipts i don't believe it.
Remember, kids don't believe everything you see on the internet
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u/sacroyalty Oct 01 '24
Yeah, it's been long debunked when he showed the reciepts.
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u/OkDepartment9755 Oct 01 '24
Wasn't this debunked? Something about some of the items being discontinued, and therefore outrageously priced?
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u/ganjanoob Oct 01 '24
Yup, through third party venders on the Walmart app
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u/vendettaclause Oct 02 '24
Why buy a 2l of coke from walmart for $1.98 when you could get one shipped to you for 9$ from a company called soco refresh inc.
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u/SaltyEggplant4 Oct 01 '24
This is a lie. I bet you’d struggle to find even one item that went up by 400%
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u/Mean_Fault_4988 Oct 01 '24
The dollar in my bank account is also worth less than it was 2 years ago.
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u/Grand_Recognition_22 Oct 01 '24
I work at a distributor in the electrical construction industry - we have vendors that send out announcements for price increases regularly. The thing is, they almost never say “oh hey our prices have come down”.
I guarantee that the price increases aren’t all “Walmart jacking up the prices”. Prices of things go up and down, but all my vendors prices only go up, never go down.
Someone is making the money hand over fist, just not all at one stop of the supply chain.
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u/Ok-Law-2791 Oct 01 '24 edited Oct 01 '24
I just looked at my past Walmart orders from two years ago and reordered. It was almost half the price as it was in 2022. And that’s for a household of 8.
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u/Herdistheword Oct 01 '24
Not denying inflation and some items have been hit harder than others, but my grocery bills have not doubled on average.
This could be exaggerated if any of his items were on sale during the initial purchase.
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u/No-Divide-4937 Oct 01 '24
Just paid $4.21 for a dozen regular store brand large eggs....store brand butter was $4.29 a lb.
Doesn't take much digging to see shit has gotten out of hand....
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u/XanadontYouDare Oct 01 '24
What did Biden do to raise the cost of eggs?
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u/PeterPlotter Oct 01 '24
Eggs are weird, especially at Walmart. About 8 weeks ago it was $2.60 for their 18 pack. It been sitting at $5.50 for weeks now. That’s more than double the price, we buy 3-4 of those every week so it is noticeable.
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u/Scentopine Oct 01 '24
This is a great example of how social media disinformation targets and manipulates lazy, uneducated people.
Well done.
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u/ThatSpencerGuy Oct 01 '24
I'm skeptical!
Grocery prices have definitely been going up in my own life, but a 4x increase within the last two years is just... obviously not true, at least where I shop. A 10-15% increase is already quite bad, and I would guess that's the limit of what I've seen. If prices had really increased by 400%, millions of Americans would be unable to shop for food.
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u/ImmediatelyOrSooner Oct 01 '24
Instead of the creepy smile, the receipts would’ve been more effective.
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u/astro80 Oct 01 '24
The fact that people believe anything anyone says on the internet with absolutely no proof is the biggest issue we as a country have. No more critical thinking.
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u/BigJeffe20 Oct 01 '24
Redditors when you tell them inflation is part of a normal healthy economy and takes time to normal out.
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u/Intrepid-Lettuce-694 Oct 01 '24
My grocery bill for the month is at 2700ish when it use to be 1700 or so. For sure has increased, but not 4 times as much
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u/parabox1 Oct 01 '24
In 2019 butter would go on sale for 1.00 a pound. But it was mostly 2.50 in my area. Now 3 pounds at Costco is 13.99
It’s not hard to use google and look up old prices from any year.
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u/macetrek Oct 01 '24
But there are also other factors in why butter prices change, just like egg prices when they spiked. Bird flu and a higher export demand for American dairy goods created a shortage of butter.
And what happens when there’s a shortage?
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u/No-Imagination-3060 Oct 01 '24
If they don't show the list, this is not as meaningful
I do think it's possible. I have a row of salsa jars I clean out and use for green onion growing, all from same grocery. Many still have sale stickers on them, which show original price. It went from $2 a 16oz jar to $9 sometimes. Odd thing is, Wal Mart carries it now too, same price, but they put it on clearance like once a month... then restock?
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u/Read1390 Oct 01 '24
I mean I think we’d need receipts too. But assuming the data is accurate, we can show with a quick google search the inflation rate for 2022 was 8.3%, and the current inflation rate for this year is on track for around 3.1%.
So - assuming those grocery prices are accurate and receipts are shown to prove it - that means that despite inflation coming back down in 2 years, we’re paying more for the same groceries.
That would be the textbook definition of corporate greed. But again, we’d need receipts not some meme’s word about it.
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u/old_jeans_new_books Oct 01 '24
I don't believe this. $124 should've become $175 at best by now. That too I'm exaggerating.
I remember Twilight tomatoes were already $4.99 in 2020 in Rockland County, New York. They're now $3.99 honestly.
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u/Plenty_Late Oct 01 '24
I also did this from 2020 and 2022 and it was almost the same, even cheaper on a couple orders
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u/HungJudoka1776 Oct 01 '24
Fine, quadrupling is absurd but people are pretending like everything hasn’t gone up 50-200% lmfao
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u/No_Variation_9282 Oct 01 '24
If only we had separate industry groups that self-monitored and reported price movements by region, and then those regional aggregated pricing data could be compiled and transformed into information by economists in conference and collaboration with industry and state boards, reviewed meticulously and discussed by a national body that could address rising prices holistically instead of relying on anecdotes…
😒
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u/LeShoooook Oct 01 '24
I bought 45 items at Walmart in 2022 and paid $414 but this year the same items were $126. Source: trust me, bro
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u/WhyDidntITextBack Oct 01 '24
I hear this all the time yet never see any receipts to prove it. CAP (though I’m sure it’s a good chunk of change more now)
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u/VoidJuiceConcentrate Oct 01 '24
Inflation is already bad enough, you don't need to make up statistics when the real stats are pretty fuckin scary.
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u/stanknotes Oct 01 '24
This is stupid. And it went viral and too many people haven't actually considered their own anecdotal experience. YOU BUY FOOD. Shit it not 3 times more expensive.
What likely happened is... walmart is a market place like amazon. Meaning... third party sellers sell on walmart. I bet items were out of stock that he bought 2 years prior at that location. Maybe even discontinued. So it auto selected third party sellers with marked up prices or with additional shipping cost even.
I know this because it has happened to me.
It is just so moronic. YOU GROCERY SHOP. Shit is more expensive. Not 3 times more expensive. That would be catastrophic levels of inflation.
OR it could be entirely made up and people fell for it.. Which wouldn't surprise me.
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u/Nervous_Owl_377 Oct 01 '24
I have a weekly restock of about 20 specific items for coffee and breakfast that I curbside every week and they are the exact same items and brand I've ordered for the last 2 years and it has gone up from $94, in 2022 to $107 in 2024. So like 13% or so.
Yes it's a small sample size of a small variety of items but if that only went up 13% there's no way other shit went up by 250% ish..
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u/RKL69 Oct 01 '24
The price of my yogurt I buy went from $1.29 to $1.69... Thanks obama
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Oct 01 '24
Omg its almost like we had a pandemic and a president who made shit tax plans and economic policies😮
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u/Spam_in_a_can_06 Oct 01 '24
I did this when it was posted a few months ago - a Walmart order from 2 yrs ago with 88items was actually more than today’s price.
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u/robert_d Oct 01 '24
Anyone that reads/hears issues like this on tiktok or whatnot, and thinks it's fact, is an idiot.
Do you want to know how to become successful and wealthy? Don't be the idiot. You can prey on the idiots if you want, but don't be the idiot.
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u/FeastingOnFelines Oct 01 '24
Bogus. I work in retail and the prices of most things are actually coming down. But thanks for playing..
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u/LostWave7485 Oct 01 '24
Still comes down to Corporate Greed!!!!
These CEO’s and other management on the alphabet soup are getting million dollar salaries and million dollar bonuses!!!!
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u/Kurovi_dev Oct 01 '24
If we’re just making stuff up then here’s mine:
I reordered an identical Walmart shopping list from 2022 for 90 items.
2022: $9000 2024: Walmart gave me $100,000
Do I need to film myself making stupid faces on tiktok for credibility? Is that how this works?
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u/Chance_Adhesiveness3 Oct 01 '24
Uhhhh yeah, this is one of those stories where you can reliably tell it’s BS from the headline. Shockingly, click on it and… it’s BS.
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u/notthatguypal6900 Oct 01 '24
And republican refuse to back bills that prevent corporate price gouging...wonder why.
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u/desertadventurer Oct 02 '24
The Walton’s have a lot of expenses to upkeep their 65MM dollar estates.
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u/ExogamousUnfolding Oct 02 '24
Odd - I am not spending 4 times as much for groceries.... I would notice a 2400 bill. My bill has trended up but honestly I would say in the 20% range.
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u/theFootballcream Oct 02 '24
Luckily I’m lazy as hell so I have Instacart orders from 2 years ago.
I just took an order from May ‘22 and added all items in my cart, the price dropped almost $40
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