Inflation — the uninvited guest at Thanksgiving dinner
The uninvited guest — inflation, has arrived at Thanksgiving dinner.![]()
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Turkeys are more expensive than a year ago. And other costs from Thanksgiving dinner have also gone up.
![Inflation — the uninvited guest at Thanksgiving dinner](https://ussnsimg.moomoo.com/1681789321018091376.png/bigmoo)
![twitter@@WaltLightShed](https://ussnsimg.moomoo.com/3033955291274819861.jpg/bigmoo)
Gas prices have increased nearly 50% on the year, appliances are 6.6% more costly and even things such as cookware and tableware are more expensive.
Oh, everything is expensive.![]()
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![Inflation — the uninvited guest at Thanksgiving dinner](https://ussnsimg.moomoo.com/6590710661698128415.jpg/bigmoo)
In October, the CPI rose 6.2% from a year ago and hit a 30-year high. ![]()
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To be specific, food costs rose 5.3% on the year, with the largest gains driven by price increases of meat, poultry, fish and eggs.
![Inflation — the uninvited guest at Thanksgiving dinner](https://ussnsimg.moomoo.com/1639448538569833654.png/bigmoo)
According to Google Trends, interest in "inflation" is higher than it has been at any time in the last decade.![]()
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![Source: visualcapitalist](https://ussnsimg.moomoo.com/4020153139713844861.jpg/bigmoo)
88% of Americans are concerned about inflation. And these are the top 5 areas they plan to cut back on their spending.![]()
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![Source: visualcapitalist](https://ussnsimg.moomoo.com/132811646295154357.png/bigmoo)
Experts said inflation will decelerate going into 2022. But consumers will need to adjust to the sticker shock for the near term.![]()
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![Inflation — the uninvited guest at Thanksgiving dinner](https://ussnsimg.moomoo.com/3324663682992768726.gif/bigmoo)
How do you deal with inflation in your daily life? ![]()
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iSpyderTrader : At least for me, to deal with inflation I only buy what is really necessary for living, put food on the table mainly. Whatever is luxury (cable, car, eating out, etc.) I start to cut down because you don't really need it. This helps me keep the balance and still have enough money. If I can still afford after the necessary things then I buy the luxury items. Hope this helps someone as well.
Happy Thanksgiving!!! Stay safe.
爱插大乃眉的狂人 : whats the big deal? just spend within our affordable range. the costs increase year to year for a sure, so live with it.
Winner01 :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
PlsLetMeEarnMoney : just keep buying SPY CALL LEAPS
71361537 : black flys
MoMa Doge : Just need to live with it
YTRT : thanks
xremy : All prices will goes up
sky vinc : ok
Smart Jerry OP iSpyderTrader : Happy Thanksgiving!![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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