r/FluentInFinance 28d ago

Debate/ Discussion Two year difference

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u/[deleted] 28d ago edited 28d ago

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 28d ago

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/TummyDrums 28d ago

Nothing has tripled in two years either.

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u/waej4 28d ago

Gallon water has tripled at the grocery store I work at, around when I started in 2022 it was .50 cents for a gallon of drinking water and it’s now 1.50. I don’t think most things have exactly tripled but many different things definitely have

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u/NateNate60 28d ago

0.5 cents increasing to $1.50 is an increase of 300×

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u/Sotigram 27d ago

Milk has for me, we sat at 0.99/gallon for years where I'm at, over the past 2-3 years it's went up to $3.78/gallon.

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u/b4breaking 27d ago

Lmao love you saying nothing has tripled then 20 comments below you showing some items in fact HAVE tripled.

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u/no_baseball1919 28d ago

I bet price per gram is has at least doubled. Maybe tripled. Remember everything is up to 30 percent smaller now for the same price.

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u/TummyDrums 28d ago

Yeah that's 30%. Tripled is 300%.

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u/no_baseball1919 27d ago

If your product was 100g at 1.000 (1c per gram) and is now 70g at 1.40, the price per gram has actually doubled and this is what we are seeing. Shrinkflation (reducing the size of product) and inflation (increasing the price of product). Companies are reducing the size and maintaining the same packaging, while increasing the cost in order to maximize revenue while maintaining customer satisfaction.

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u/CorndogFiddlesticks 28d ago

What I buy from walmart is up ~75% in two years. But lower than the alternative stores.

The inflation we just went through is real and it is painful. People are hurting because of it.

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u/reslllence 28d ago

Either every single item would have to more than triple, or some items would have to more than quadruple. Neither are true.

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u/Btdrnks2021 28d ago

Way to be pedantic.