Red Tag Mayhem at the Supermarket

Posted by Sean | Posted under Food | October 11, 2008

DW and I went grocery shopping Thursday. I wish I took a picture. Seriously, half the store had red tag specials. Not just a nickel here and a dime there. 20% and 33% off everywhere. I know the price of gas is dropping and everything, but wow.

And we are talking about… inflation?

“But wait,” you may say, “those were special prices.”

If half the prices are special, are any of them really special?

PDB of MadMoneyMachine starts show #130 with a tsunami metaphor for a potential deflation/inflation whiplash. (Apparently some tsunamis begin with the water receding, before the massive wave that follows.) Even if we are gearing up for inflation (reflation) can it keep up with the wealth evaporation?

Ehhh… maybe this trip was a one-off and not the whistle of the d-train.

DW liked the lower prices and we spent way more than usual this week.

But if 100% of the items have a red tag soon, I start getting suspicious.

Too bad we can’t wait a few more months on the used car front…

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