alt Hacker NewsI feel like I am living in a different universe to the author. My beef still costs around $5/lb, my milk is still roughly $3/gal, similar on a lot of staples I buy regularly. My shirts cost about $5 for a t-shirt, and my jeans cost $20 or so. I spend 80% at Costco and 20% at King Soopers (Kroger).
Ancedota I know, but the author is writing like Big Business has 100% coverage of the whole market.
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Sincere question: where are you buying beef for $5/lb? I shop at Costco and ground beef is close to $10/lb
Cattle herds are at historic lows to the point that meat packers have closed a handful of facilities, laid off thousands, and still have excess capacity. Your beef prices are either not accurate or not representative of the macro.
Is America Falling Out of Love With Beef? Surging prices are finally hurting demand for the country’s favorite meat - https://www.bloomberg.com/news/newsletters/2026-08-21/after-... | https://archive.today/2K1Rh - August 21st, 2026
Skyrocketing Beef Prices Finally Have Americans Reaching Their Spending Limit - https://www.bloomberg.com/news/articles/2026-08-16/skyrocket... | https://archive.today/9AYzx - August 16th, 2026
Tyson to Close More Beef Plants as Cattle Shortage Drags On - https://www.bloomberg.com/news/articles/2026-08-13/tyson-to-... | https://archive.today/KYI6P - August 13th, 2026
Define "beef"? My beef is $20/lb for flank!
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The article contains 31 references. Of course, no report on the _general_ market trends are going to cover every anecdote in the US. It could be that the staples you mentioned aren't affected to the same degree. How about your non-staples? How about cars? Houses? Vacation expenses?
In fact, your comment could be read as the exception that proves the rule: you haven't been affected by rising costs because you stick to staples and avoid "frivolous" purchases (that is, you live frugally, as suggested by the article).