This must be on par with the alleged remark made by Queen Marie Antoinette, who, on hearing her French peasant subjects had no bread, said "Let them eat cake."
I'm from South America but I lived in the US for a while. I was surprised that most food, insurance and consumer products are concentrated in a few companies that in turn belong to a few funds. It is easier to speculate in that environment. In South America, when they try to do that, small competitors immediately appear with better prices and regulate the market. People here buy in neighborhood markets. They do not belong to bankers or funds. In 2021 Bloomberg said that we would starve due to Russia's blockade of fertilizers. They lied. Small companies started making their own fertilizers and prices dropped. Lol. That is the key, supporting small companies and not giving everything to multinationals.
Russia's blockade of fertilizers? Bloomberg is lying. Russia has not been blocking anything. Russia's fertilizers were stuck in EU ports in 2022 and 2023 on EU orders.
WOW. Cereal companies pushing cereal for dinner, in A COMMERCIAL? That's heartbreaking to me. I know many families are FORCED to eat that because they have nothing else, but to make a COMMERCIAL about it? horrific. Also want to insert a plug here for the $5 costco chicken- it's one of my go to food staples! 💜 Although I know that some folks don't have a costco near them. 😥
They are the same people that publish fake research that not eating breakfast would lead to heart disease because it hurts their profits if you don't buy their cereal.
Thank you for highlighting this issue. Social media needs to expose all these grocery products and food corporations. It seems like things I buy have gone up beyond the 25% from 2019 to 2023. Some things have even doubled in price. These food corporations need to be shamed for doing this while Americans are really hurting.
Guess what? The grocery stores are adjusting their prices due to INFLATION. They are in a very, very competitive business, so if they cannot make money they have to fire people, adjust prices upward or go out of business. I really don't know how Shelby can be posting this uninformed nonsense. She is clearly not actually talking to business people. And her comments about "MMT" (Modern Monetary Theory) by Thomas Piketty recently tell me that she has fallen for the economic theories of fraudsters.
I check almost ALL prices. We shop at Aldi's and Walmart for certain items (be wary of Walmart packaged meats) and the local Publix - but only for 2-for-1 deals (that beat Aldi prices) or something special we need. I keep a monthly budget of what we spend and it has steadily gone up. It's so frustrating as we are on fixed incomes. Our government needs to enforce the elimination of these monopolies (call it what it is). And get that lobby money out of there. The people that are supposed to be watching out for us are watching out for the corporations lining their pockets. Ugh.
Thank you for mentioning us Aussies about how we are (and we ARE) experiencing "same price - less food" (the shrinkage is REAL) for years now. Thank you for looking beyond the US and showcasing that other countries are also experiencing this BS.
I agree groceries are more expensive, but I also think grocery shopping and cooking is a skill that can be learned. Buying your staples when they are on sale, not buying ultra processed foods which are where I see a lot of the markups, and meal prepping. My husband and I eat out maybe once per week (meaning 20 meals and all snacks are at home) and we spend $450 a month on very “healthy” whole or minimally processed foods AND laundry detergent, toilet paper, shampoo, deodorant, athletic supplement (electrolytes, running chews) etc.. It does 100% take energy, thought, and time to make nearly everything homemade which is what keeps this possible, but it is without a shadow of a doubt cheaper than eating out and the long term health benefits are a cost savings as well.
I hate boxed cereal. I would sooner eat a baked potato, bowl of rice, or bread and butter. To me that is a way better dinner. Cereal is like eating deserts or like eating crunchy leaves. I think people are spending a lot because they are not making full use of what they buy. They must be throwing out a lot of it before or after cooking. Learn to save and reuse all the leftovers and use all of what you buy that is edible. You can also shop when there are sales and stock up so that you have a pantry with lower cost items when you need it. When you see ten boxes of pasta for $10, buy it and then you have if for maybe a year when you need it instead of paying $15 to have one serving prepared for you out.
I've eaten cereal a few times in my life, but none of it felt like real food to me, but like sweets. I never became a fan of them. I'm 55 years old and I live happily without that crap. I mostly buy unprocessed food, prepare my own meals and I love it.
Its even worse for those with intolerances and allergies too. To save on groceries you have to make bulk by scratch. If you want something new every day itll be a lot harder to keep costs down, giving the illusion that eating out is cheaper.
I live in Canada and my family of 4 (2 are under 4years old) spend about $800 a month on groceries. We do what we can to reduce that but don’t have a specific budget we stick to. In 2019 my husband and I spent half of that. Like yes, 2 kids were added to the equation but they’re toddlers… they don’t eat THAT much 😅 it’s crazy how the prices have gone up. A normal paycheck is about $1000-$1500 (biweekly) so how in the world is a family who depends on a single income supposed to afford anything??
OMG i noticed it too! Offer prices on the shelves, when checking out it's suddenly way more expensive. When you confront them about it they act like you're the crazy one and shame you for it. They make a scene so everyone is looking at you and just say: Then don't buy it.. So next time you won't even dare to say anything about it. It's soo wrong!!!
That's why I take a photo of the price with the item with my phone and have the cashier correct it. The amount of times I've had to have Target correct their prices is ASTOUNDING. I've never had an issue getting it corrected.
i think it’s important to remember how privileged you are if you live in an area without just big box stores. i live in an urban suburb of chicago where there are countless store options, a few are family owned. i can do my weekly grocery shopping & only semi break the bank. when i was in college, my town only had a walmart, target, and meijer. aka all stores with big box brands. my grocery bills were significantly higher then versus now. also you’re lucky if you live in a walkable city so your transportation doesn’t cut into food costs. it’s just a whole mess.
That is why I will travel a little further to get the deals vs. shopping at a nearby store for convenience. Especially these days when you have to go to multiple grocery stores to complete the shopping list anyways
To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Renee Marie Harrison focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.
I began my investment journey at the age of 38, primary through hard work and dedication. now at the age of 42,I'm thrilled to share that my passive income exceeded $100k in a single month for the first time.this success reinforces the important of the advices mentioned earlier. It is not about achieving quick wealth but rather ensuring long term financial prosperity.
She is my family's personal broker and also a personal broker in many families In United States, she's a licensed broker and a FINRA AGENT in United states
What impresses me most about Marie is how well she explains basic concept of winning before actually letting you use her trade signals. This goes a long way to ensure winning trades.
11:50 It is extremely unsettling that farmers are being forced to plant specific seeds. At that point, I want to know what’s really going on with those seeds more than I’m concerned about the money 😳 and they can TEST THE PLANTS to make sure….
Lidl is another discount Germany-based grocery store chain similar to Aldi that is also expanding in the USA. They're now on the East Coast from NY state to Georgia. I find their store designs are more inviting than Aldi. They have self-serve bakeries and self-checkout's at some locations. One even had a pop-up plant nursery in the parking lot this spring. Good prices on patio plants and gardening supplies.
Shelby, Food pricing is a great topic. I am a single person and I spend about $150 a week on food. I eat fresh fruits and vegetables which are super expensive. Philadelphia has places that specialize in buying bulk produce and sell it at more reasonable prices than grocery stores but as one person I can’t eat that quantity. I don’t even eat meat but other things I eat in addition to produce just add up. I agree with you that as a single person it is actually better to eat out. Of course, there are huge variations in prices when eating out but as a single person if you choose healthy options and evaluate the right place to eat it is better to eat out at least on occasion. 😊
-$5 Costco chicken > baking a whole chicken -I shop at Baja ranch for produce that is cheaper and then go to trader Joe's for what is left on my list -We buy in bulk for commonly used freezable or shelf stable items from Costco -I grow vegetables in my back yard when I can -There are actually so many common weeds in California that are edible. I would see them on my commute even in more urban parts of los Angeles: Dandelion greens, cat's ear, sorrel, and mallow are just a few -We enjoy takeout when it's cheaper -I meal plan and make more things from scratch -We have become an "ingredients house" I wish I could boycott more, but I have definitely changed my purchasing habits in light of grocery store greed.
I've eaten cereal a few times in my life, but none of it felt like real food to me, but like sweets. I never became a fan of them. I'm 55 years old and I live happily without that crap.
I am from Sweden and here you have the right to pay the price that is on the product even if the store claim it is wrong. They should have the control over there pricing and as a costumer you have to know before how much things cost. And the Kellogs man made me think about Marie Antoinette.
OMG i agree 😮 these videos are so poignant, but I find the microphone to be so distracting, especially if there’s already a wireless mic in use, the big podcast mic is just a bulky prop. Also when you put the wireless mic right in your throat, it makes the sound super muffled 😣
this is one of my favorite videos of yours! angry Shelby is amazing!!! :) but yes you're so right, we are not experiencing inflation in the US, we are experiencing greedy corporations gouging consumers and reaping record profits. Also thanks for teaching us about seeds - i never knew!
Her videos on breaking down her costs vs. profits are worth the watch. When she ventures into areas in which she has little to no knowledge, she presents conjecture and opinion. Not so good.
Groceries are insanely priced right now. Unless you are bulk meal prepping, you almost save nothing compared to eating out (depending on where you go). Made a chicken casserole last week, had to buy 6lbs of chicken to get a good price.
According to Nicole did an experiment on this on her channel, she is Canadian and living in the Greater Toronto area. She found you save a lot by not eating out. Especially when you consider delivery charges and fees.
Stores are staged a certain way for the customer to buy more. I took a marketing class and wasn't surprised what they do to get customers to spend more.
I keep a list of the things I regularly need to buy for each store, so I know which item is priced better at each store, etc. That way I'm not buying whatever. I will look at the specials too.
It’s always been much cheaper sometimes by 75% less than your average grocery store. They also have much better quality! No matter your diet preferences everything is delicious not just cheaper. By a landslide. I’ve been explaining this to peeps for like 18 years that TJ’s is the least expensive and often has the best quality food items! 😎😝
Dollar Tree is another one. In a year that ended with record profits of $4 billion, they decided to raise prices by 25 percent and reduce the size of some of their most popular items such as dish and laundry soap. These companies do these things for one simple reason. Because our laws and the consumers allow them to get away with being as greedy as they want.
And have you noticed that DG won't even hire enough workers to unload and stock the shelves in a timely manner, you have to deal with stacks of products in the aisles or empty shelves.
We have publix in my city... it's wild how expensive they are now. They used to be a normal grocery store with reasonable prices, but now a lot of stuff is marked way up and even double what you pay at other stores. $8 for a bag of chips lol. Their prices are so inflated they have to regularly promote BOGO deals every week, which is all I buy there now. On the plus side it's like a ghost town in there since they scared everyone away with their prices.
Had cereal for dinner a couple days ago. Got home from work, lazy, tired, and don't want to cook. Quick and easy, every now and then though. Not all the time... 👍👍 Shelby. Great contents!
As a person who works in corporate for these big companies, it was more than 10% each year. It was faster than that. in 2021 we took four pricing movements from jan to december.
Hi Shelby = Thanks for the video. Unfortunately, inflation will increase profits. It is inflation that is driving the prices higher, but when there is inflation if the margins stay the same for the companies the overall earnings will go up as well. That's really how inflation works. If you're spending 50 cents for a product that sells for 80 cents, and your cost to produce it goes to $1, then the sale price goes to 1.60, and you have larger profits. It wouldn't make sense to only raise your price 50 cents as your risk for selling it goes up along with the cost. Unfortunately, the blaming of corporations for providing us products we want and charging for them is silly. It allows people to just blame others as they blame the government as well. It makes for more clicks and people like to say things are someone else's fault, but I hate the idea of people being stuck where they are blaming others.
In my country, it's the same shit. They all say "ah it's the gas prices are too high so everything that needs to be transported are also high!" meanwhile you shop at costco or small independent supermarkets and the prices are very reasonable. I even thought at one point I was going crazy because there was a time that the prices are going up every week at the supermarket. I thought I was delusional because when I asked the grocery store staff, they deny they changed the prices and yet when I checked my phone (because I take photos of prices now to keep track of them) there's my proof and I'm not delusional.
Aldi's and Trader Joes are the same family owned company. 2 brothers own each company. 1 is known as a different name in America aka Trader Joes. The other is Aldi's
It's corporate greed! Every time a big food company posts earnings, it give away the game. Unit sales are down, but revenue and profits are up. They brag on the earnings calls about their price hikes!
I just checked and I’m spending $620 a month on average on groceries, so $1200 for a couple seems pretty normal. I’m actually quite surprised because I don’t feel like I use $20 a day in groceries. Most of my meals probably only use $5 in ingredients and I only eat 2 meals a day. Pushing cereal for dinner is criminal. It’s so unhealthy it’s not even fit for breakfast.
Love this! Needs to be talked about way more. It’s 2 of us and a dog and we also spend 1200+ a month. Absolutely mind blowing. I feel like it used to be more expensive to eat healthy foods but now it’s anything.
Hi Shelby, thanks for the video’s. Kroger has corn flakes for $2.29 a pound and chicken thighs for $1.49 a pound. If people can’t figure which one is better for them then they get what they deserve. Sounds a little harsh? Well so is life. If money is a problem, rice and beans is a perfectly good meal enjoyed by a great portion of the worlds population and costs about 30¢. It wouldn’t surprise me if Kellogg had someone on the committee to put together the FDA food pyramid chart.
We got people asking for $20 minimum wage, stores combatting theft/shrinkage, and grocery stores with lower margins to begin with...grocers are entitled to make a fair return. Don't get mad at the stores, get mad at the politicians.
"fair return". Did you skip right over all the record profits she showed are are you just ignoring them so you can blame someone who wants to make a living wage? What did politicans do to create those record profits?
@@toddpdroneworks563 Capital is not free. Politicians have long propped-up the economy with cheap debt. Forcing employers to pay higher wages for unskilled labor only adds to inflation.
I 100% thought it was just me or my grocery store! im blessed to hav my parents send me grocery money while im in college and back when i started in the beginning of 2020 i could cook whatever i wanted and i dont even remember ever really struggling when it came to deciding what i need to buy for the week. But nowww i still get the same amount for groceries and i can only get maybe a quarter of what i used to get for 150 to the point where i only get food for 90 most of the time for the first few days of the week and then use the rest to order food somewhere cuz its cheaper! Like i spent 130 yesterday and all i could really get was a restock of toiletries, condiments, a few juices, a bag of veggies and one frozen bag of fish cuz frozen fish is the cheapest meat i can find. Its crazy cuz half the stuff i need to buy every week isnt even stuff i can eat and the things i can eat r such small amounts tht it only lasts a few days.
Thank you so much, Shelby for this video and speaking the truth. The corporations making record profits. Europe has now boycotted Coke & Pepsi. I mostly buy at TJ and Aldi.
I am single and I definitely spend at least $1200 per month, if not more. This is spent on whole, natural foods (protein, veggies, fruits, cheese, milk, tea coffee, oil and butter). It’s out of control.
Thanks for breaking it down! I spend about 800 a month with just myself and hubby...all kids grown , I would NOT be able to feed kids or a whole family with prices as they are now. The stores and CEOs should be ashamed!!!!
What we do personally is get a CSA box of veggies and fruits and have a monthly delivery of meat (chicken, pork and beef) from a local farm. It helps a bit. It's about 120 bucks per month for the CSA box and 150 bucks per month for the meat box.
🙏🙏🙏Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!
Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God 🙏..
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.🙏
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
People need to take a looooong look at who has their best needs at heart during voting, it matters. November. Edit: I’m sure a lot of people will come for me that this has nothing to do with that, but it does. It all boils down.
Speaking from my experience living on the island of Kaua’i. Farmers markets on this island are such a scam and has turned into a tourist attraction. Charging $20 for local pineapple and anywhere from $5 to $15 for a single mango! YES A SINGLE MANGO. Some vendors have also been known to buy mangos from costco, take the sticker off then label them as kauai mangoes and hike up the price. Watching this all happen is so fucking sad. The farmers market used to be a place where you could directly get fresh food from farmers without paying ridiculous grocery prices. Now its so much more cheaper to just buy shipped products from costco. How wild is that?! Shipped fruits and veg are cheaper than getting local hawaii fruits and veg… big corporations just set the standard and majority of these local owned farms end up following the same path. Greed sucks.
In the "egg fixing" segment you're not holding your big microphone, but your sound is the same as in the other segments. Is your big microphone even connected?
Ugh.. I wish we had a Trader Joe's and Aldi where we live! I live in Western South Dakota, and while the population has increased a lot and there are cities I think would easily support these companies, a lot of companies say they won't come here because we are too out of the way of their shipping routes. So, the closest stores are about 5 hours away. I love stopping at Trader Joe's whenever we go somewhere with one! At Christmas we went to Denver and the employees were soo nice and the cashier even gave me a bunch of free items. Where we are, I try and shop the sales at Safeway for most items, and base my menu off what is the cheapest. They are expensive for regular items, but they tend to have the best sales, and I have been enjoying purchasing online for pickup so that I can check all the prices before checking out. I think they have gotten scammy in store by not showing you the sale price until the finish and pay button is hit, so if you miss a sale, it is harder to catch on the receipt before check out. I will go back to price match mistakes, but it's awkward and who has time for that! Still, Walmart is no longer the cheapest option, and Sam's Club overcharges for a lot of items now, so you really have to shop around!
Not only the groceries are expensive, the restaurants even fast food ones are 2x more expensive compared to 3 years ago. I went to Chick Fil A and it cost me almost $30 just for one person myself!
I think its great that social media content creators are approaching this subject because the regular media isn't discussing this honestly. There are two factors, inflation and price gouging. Inflation is an adjustment in pricing due to a precipitating factor like drought, shipping issues, manufacturing costs, scarcity in resourcing the items needed to make the product. Now, price gouging is the raising of pricing because they want to and see a window to do. That is what this is. Inflation, Covid and the financial effects of the covid are being used to scam higher prices.
Food has definitely been expensive. I feed 2 people (including myself), a dog and a cat. And it's very easy to spend about $900 - $1,000 a month. Regardless if we meal prep or eat out. With how high food cost is fast food or pre-prepped meals are about the same as buying all the ingredients you need for a dinner.
I’m in the UK and I probably spent 1000 usd per month on groceries on a single person. I don’t eat all organic stuff or anything like that. I just eat health with lots of fresh fruit and vegetables and mid range (not even organic or grass fed) meats. It’s INSANE
I do not have a trader Joe's (wish there was one nearby), but I do have Aldi's & Sav-A-Lot. I am now reconsidering where I shop, and thinking of different markets. Then I remembered that SAV-A-LOT is also an independent private label grocer. 😊 We have 6 bellies to fill in this economic crisis, and the prices are having a huge effect on our family...on everyone.
Really need to stop eating these processed foods anyway. Start getting use to eating whole foods and grains instead of processed sugary foods. I buy all my meat from costco because it saves in the end, packaged out, and I can easily freeze it and have meat for a good 2/3 weeks for dinner. I feel it though, it is extremely expensive right now, I am out in Seattle too and it is easily a big expense next to rent each month.
Publix has monopolized key west and the closest Trader Joe’s or Aldi’s is in Miami which is 4 hours away not including any traffic. We need a Trader Joe’s or aldis 😢
can we take a moment to talk about how in Canada, they charge us for bags (because of the ban of single use plastics), they have removed majority if not all checkout lanes and replaced it with self checkout & yet price have increased even more by 2 to 4.5% compared to last years 5% to 7%. The average Canadian family of 4 is expected to spend over $16k on food in 2024
I am into health/fitness and I cook for myself every meal. I eat on average 2800 calories per day of fresh meats, chicken, beef, greek yogurt, oatmeal, rice, and veggies. I also live in southern California where prices are very high. Weekly grocery shopping bill is $140. That is under $7 per meal. You cannot get chipotle burrito for under $7 last I checked
@@Illumination321 If I could make a million dollars with a youtube video I would have a chef making my meals for me. Since I cant, it takes around 2 hours per week to cook. But its not like I have to sit there staring at the oven while it cooks... I can do other things in that time, like watch youtube videos
My closest Trader Joe's is 983 kms away, or in other words, 10 hours and 34 minutes drive. I live in Edmonton, Canada. Now I'm curious what Canadian's current cheapest option is for grocery. It's definitely not Save-On-Foods. Not saving on foods there.
Everything is expensive. My heart goes out to those who are caring for children. I have a ton of people ask why don’t I want kids… there’s many reasons ( I absolutely love & adore children) but the cost of everything is scary. Whole sale isn’t even all that of a better deal nowadays either. It’s sad. We’re made to pay 2k for rent & a ton to eat. One thing I’ve found useful for my husband and caring for my dad food stretches especially if we can use the leftovers… leftover chicken I will make chicken salad or buffalo dip. I shop weekly now it used to be every 2 weeks but it’s hefty. I cook almost daily (around 4-5x weekly) so the other days were either grabbing something or we have food on hand.
No Trader Joe’s in Hawaii. The produce has an insane markup especially in Safeway- $15 for one cauliflower!! We spend more than $1200 a month a family of four( kids are young right now so they don’t really eat a lot)
