Americans’ refusal to keep paying higher prices may be dealing a final blow to US inflation spike

5 comments

1. More on this subject from other reputable sources:

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   – Bloomberg (B): [BOE to Get More Cause for Caution With Inflation to Pick Up](https://www.bloomberg.com/news/articles/2024-08-12/uk-to-see-first-inflation-rise-this-year-bolstering-boe-caution)
   – U.S. News & World Report (B+): [Harris Pulls Ahead of Trump on Economy as Markets Prepare for New Inflation Data](https://www.usnews.com/news/economy/articles/2024-08-12/harris-pulls-ahead-of-trump-on-economy-as-markets-prepare-for-new-inflation-data?utm_source=usn_fb)
   – inews.co.uk (B-): [Inflation set to rise back above 2% Bank of England target this week](https://inews.co.uk/inews-lifestyle/money/inflation-rise-above-2-bank-england-target-3218019)
   – Reuters (A): [India’s July retail inflation eases to five-year-low of 3.54% y/y](https://www.reuters.com/world/india/indias-retail-inflation-eases-354-july-2024-08-12/)

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2. Americans need to do this more. Say no and walk away. Prices will drop

3. We go through this every few years. Remember the “Fight for $15?” Should have been fighting for $30

4. Good for all folks.

   Say no to car payments…and if you must have one, say no to over $500 car payments (keeping some higher price cars in mind).

   I know $500 a mobth is still a long money. But this was purely aimed at dealers normalizing $1k+ car payments

5. This sounds stupid but I’m pretty much addicted to Coca Cola. It’s the only thing in life I can say that I crave every day, with almost every meal etc. I mean I swear there is something highly addictive in there and it’s not just sugar. Sugar is ubiquitous if it were the sugar, I could easily substitute for coke. I can’t. I don’t even like Pepsi, only coke.

   Anyway. Prices for coke have gotten so high that Ives stopped buying it. I will only buy it when it’s on sale and it has to be a true sale. I refuse to pay more than 50 cents a can when buying 36-48 cans. With that being said, I haven’t had cans of coke in my fridge for weeks. I crave it every day still but I’m just not going to keep paying higher and higher prices to a company that’s been selling the same sugar water for 100+ years. It’s just my anecdote but I wonder how many other people are thinking the same way with the products they enjoy.