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Good I hope it keeps going up until the murderers can’t pay for it and the whole industry dies out.
Eh, 49 + 2.7 = 76 ; close enough
/s
Meat isn’t food, it is a luxury good made by refining mountains of actual food through the body of a vulnerable individual. Of fucking COURSE it’s expensive. It’s been cheep for decades because you pay for it in your taxes and I’m fucking sick of paying so much money so you can have cheap meat. Fucking deal with it.
Meat should be too expensive for daily consumption
…are you under the impression that this is restricted to meat?
are you under the impression that the OP picture includes flax and machine parts?
…are you under the impression that straw man arguments are effective?
Not even close to what straw man means
Fuck off, humans have been consuming meat for our entire existence
Yes, but it was never daily until a couple of decades ago.
Before you had like 3 meals a week with meat.
Pretty weak argument, that. Humans have also been murdering, raping, and enslaving other humans for our entire existence.
How much meat so you believe humans have been consuming for most of that existence?
Something isn’t ‘right’ just because we’ve been doing it for a long time. We have the knowledge and tools now to improve ourselves.
okay v*g*n.
It’s okay, you are allowed to say vegan on the internet. Just don’t show your parents if you’re worried about them seeing it.
Enjoy your bowel cancer and odor
Right? Slavery was common for a very long time. People used to just dump shit in the water in early cities and cause cholera outbreaks. Lots of old practices are no longer done for good reason
*insert Thanos balance meme*
This is an extremely monkey’s paw post if I’ve ever seen one.
(I tend to agree that meat is too cheap and has many externalized costs that we all bear, though.)
Maybe, but that should be due to removal of subsidies and banning of factory farms, not rampant inflation.
Fair
It basically is
They use a “basket of goods” that conveniently has nothing to do with how real people actually live.
According to our studies: accordion straps, horse shoes, goat bladder, those antenna from old TVs, and musket shot prices have all remained stable! Inflation solved!
braidon save the big piece of tv antenna for your father he had a long day
You joke but musket shot ie. Soft lead is actually up as well.
Boil the tap water and profit!
They use chained CPI too, which accounts for “the consumer adjusting their purchasing”. It literally bakes in the concept of enshittification.
Hedonics is a whole fucking thing… I… I dont wanna talk about it lol.
What I can briefly mention is that uh…yeah, recently?
Well, there have been budget cuts to the orgs and personnel that actuslly do the price surveys… so a growing number of econ data dorks suspect that… we are now up to roughly 1/3 of individual items in the CPI being calculated by… imputation.
Which is more or less a fancy stats way of saying ‘we were not actually able to count this so we are just gonna assume it stayed the same.’
And thats all before Trump just straight up fired the BLS chief and replaced her with a Jan 6th insurrectionist.
You really shouldn’t underfund or fuck with the people that produce some of the most important numbers in a financialized market economy, but oh well I guess!
Into lalaland we a-go.
You see, inflation is not in fact up, because if you replace your steak dinners with ground beef, you will be spending just as much as before!
If retirees replace beef with beaf, social security will save millions! That’s fiscal responsibility.
It’s The Jungle all over again. History sure rhymes.
I used to love me some new York strip ☹️ I can do some amazing shit with chuck roast these days tho.
Honestly, chuck is great. I’m cutting weight, and trying to maintain muscle mass. I just make a big roast, portion it out into 180g servings (50g protein each), and make poor man’s steak sandwiches out of them. It’s generally tender, and not bad at all.
That, and you can use it for high protein stews etc.
Go to Texas Roadhouse. You can get a strip for under 30 bucks and sides. Somehow their prices are still reasonable.
National restaurants buy ingredients in massive volumes at a steep discount compared to grocery stores and even butchers.
yeah the high end restaurant, Fallow, in the UK made a video on how they are able to make a profit on beef. Basically, they buy whole sides, butcher it in house, make all the beef dinner something people expect to pay extra for, but keep the price within reasonable expectations.
Chain places probably have a similar operation, but instead of one side at a time, and in house butchering, they are buying 1000’s of sides, and making year+ length contracts with a meat packing corporation.
That’s bullshit because grocery stores buy them in larger bulk and should be cheaper. The whole idea of cooking at home is supposed to be cheaper and it’s the labor you pay for at a restaurant. How have we swung completely backwards to where a restaurant is cheaper than cooking at home?
Grocery stores don’t sell as many steaks in a day as a busy steak restaurant does. They also sell all of the other parts of a cow and have competing food items for sale as well. Plus they pay their staff higher wages because they aren’t tipped and have other overhead costs that impact all of the things they sell.
Restaurants are all about quickly moving a comparatively smaller number of items as quickly as possible. That means they buy specific types of things in bulk and have lower costs to get them to the customer.
Makes sense. Still a good deal because they are the only chain steak place that cooks them properly.
People need to learn that when they hear ‘inflation is down’, it doesn’t mean things are getting cheaper, it just means that the increase in cost is slowing down.
Is it a psychological tactic that news media is using to make consumers more complacent? Who knows. But, whenever I hear someone mention that phrase like things are improving, I die a little more each time.
The Titanic is sinking slower! HORRAY!
deleted by creator
They want us smart enough to push the buttons and pull the levers, but dumb enough to not realize how badly we’re getting fucked.
How it feels when headlines celebrate that inflation is down:
Celebrating the discontinuance of something bad happening… isn’t that weird.
if inflation made my paycheck go up, that’d be great. As it stands I have a LOT less buying power and my industry is waffling so I’m only seeing 2% increases for years.
It exists. In Belgium and I think also Luxembourg inflation in prices of common consumer things automatically triggers wages, unemployment money, pensions to rise too. For most jobs it triggers when it hits 2%. Life got 2 % more expensive, wages rise 2 % a few months / a year later. Using a basket of consumer prices, excluding things like fuel, alcohol, tobacco prices
Heh I stopped in Belgium years before the Euro money conversion, chill place. I remember going to an atm to get some local currency to shop and the options were something like 1000, 5000, 10000. It was pre smartphone so I had no idea what the conversion was or what to choose. So I just hit something in the middle and had WAY too much money to buy some fresh fruit and chocolate.
Yet they still manage to fuck us over by “jumping” an index. 2% may not seem much now but compounded we lose a lot over the years
You (and every step angle other employee at your company) should be demanding AT LEAST an inflation adjustment every year from your boss.
Sure, but to only get told there is no budget now and it will be re-evaluated next year
Which is the point of having the rest of the employees behind you, no raise, no work.
The inflation figure is an annual figure though. It means things are 2.7% more expensive than they were last year. OP is showing an example nearer 60%.
It’s actually showing 47%. The price is based on pounds which increased from $10.99 to $15.99.
Since it’s from April to August, it’s actually showing 31% annual.
And since a sample size of one, and the location is redacted (could be comparing Texas with NYC or Hawaii) it’s showing nothing.
And meat prices are factored into a CPI I presume.
Inflation isn’t based on the cost of a single thing. You’re confusing it with stocks.
“Inflation is just supply-and-demand when you think about it.”
Not really… The economy is more and more controlled by a hand full of large multinationals. So if one corporation has 90% of the market (using different brand names to fake competition), they can raise the price far beyond just supply and demand. In the end we all need food and Healthcare etc. When you have the option of paying way to much (for some medicine) or dying, you can’t really say no, right.
And shelter, which developers, slumlords, and property management companies would be more than happy to see doubled every decade.
If you include necessities beyond just what is needed to not end up dead, we also have:
- Electricity
- Sewage and waste disposal
- Personal transportation (in North America, where suburbs are sprawling and transit is inadequate)
- Phone or internet (needed for employment)
There are plenty of places where the average person has no choice but to get bent over and fucked by profit-seeking corporations.
Yes, vut with the supply being almost literally just a printer. Typically 2% inflation are intentionally targeted to prevent deflation (which is also not good).
That’s not “inflation.” That’s tariffs. And it wasn’t “inflation” under Biden. It was price gouging.
Fuck, I wish some of y’all would read a book once in a while.
Tariffs cause inflation. Price gouging also causes inflation.
“Inflation” doesn’t just mean ‘prices go up.’ Again, please read a fucking book.
It pretty much does.
In economics, inflation is an increase in the average price of goods and services in terms of money.[4][5]: 579 This increase is measured using a price index, typically a consumer price index (CPI).
Not the most fair comparison. Cattle herd is smallest it’s been in 60+ years and prices haven’t gone high enough to reduce demand enough that the herd can rebound yet. You’ll see higher beef prices for another 2 years before things calm down again.
Cattle numbers are definitely down, but monopolization of ranching has been carrying on at a pretty good clip as well. I think it’s a safe bet that the new point of equilibrium they find will still be more expensive, even inflation adjusted. There’s a similar trend across most agribusiness that I’ve seen, especially with farms going out of business in droves because of the pandemic.
Cattle numbers are also down because of Trump btw. Long term effect from his 1st presidency + his current policies helped the screw worm flies get through Panama.
As much as it fun to rag on supposedly out of touch economists, this “cheapflation” phenomenon is very documented and accepted among mainstream economists. Like many others in the public sector, government economists have been calling for more suitable and timely measures of inflation for decades, only to have their requests for more funding and support denied as the public service falls apart.
Price discounts and cheapflation during the post-pandemic inflation surge - ScienceDirect - https://www.sciencedirect.com/science/article/pii/S0304393224000977
Economic “measurements” are one of worst pseudo-scientific grifts out there. Inflation is perhaps the peak example.
Also carnism is disgusting and literally destroying the planet. I hope meat becomes completely unaffordable as it should be and as it would be without massive violent enforcement.
Evonomics is the theology of wealth.
If you take the timeframe between these two photos and apply a monthly inflation rate of 2.7, you would land at 70,5$ for August 2025. Now obviously either the inflation was higher in some month in between, or the vendor just hiked the price. But the general drift is correct.
Inflation is usually by the estimate it would be through the year though.
Not in my country
Like everyone else who’s responding to you, I think you are mixing up monthly reporting of inflation since the same month the previous year (which is a sensible like-for-like comparison) with inflation since the previous month, which is almost always a silly and misleading figure because prices have seasonal change through the year.
Media tend to report this as stuff like “inflation dropped in January” but they don’t mean since December, there are always January sales, that isn’t useful information.
Yeah I got the memo by now, but thanks for the in depth explaination
I wish everyone on social media (including myself) dealt with disagreement in as mature and level headed way as you.
You have my respect, thoughtful internet stranger.
Inflation isn’t monthly. It’s a rolling annual figure.
Inflation isn’t monthly
It is - if you want to make the number appear smaller. You can make it even smaller if you measure it daily!
apply a monthly inflation rate of 2.7
I don’t think the inflation rate is supposed to be compounded on a month to month basis. 2.7 is supposed to track changes in the consumer price index over the course of the entire year.
At least here in central europe, inflation rate is always monthly
No. It’s calculated each month for the previous 12 months.
Unless you live in a country with hyperinflation, it’s always month x of year y, compared to month x of year y-1.
Inflation rate usually is given in yearly rates. Things have to be absolutely fucked if you have to give them in monthly rates.
I mean our country is beyond fucked so that tracks
F
Brazil is the largest exporter of meat and Trump is tariffing them 50%
so, more than 2.7% in that category. almost like that claimed 2.7% is an intentionally misleading choice of “measure” of central tendency.
Sure, and less than 2.7% in other categories. That’s how averages work…
if i alert someone of the possibility of earning either 0 or 100 dollars at a coinflip by saying “the average payout is 50 dollars,” while ive said something true, ive also said something misleading. a reasonable person might say, “0, but you said i could earn 50!” and would you expect them to be mollified by me saying, “no no no, its actually only the average is 50. i was clear about this up front.” its like a student turning in their math homework and they didnt simplify the expression at the end, complaining about the teacher insisting you have to do all the work to earn full credit.
Are you implying the average person doesn’t understand averages? That’s ridiculous! I could understand the average person not understanding standard deviations and other statistical terms, but a simple average is something people deal with every day.
All the inflation figure means is how much your money is getting weaker year over year. If you take everyone’s budget, the average person will be spending that much more year over year. Individual circumstances will certainly vary, such as vegans not being impacted by egg shortages. In this case, beef supply has been reduced, causing prices to increase. This is unlikely to be a long term thing, and prices will return to “normal” (after regular inflation is taken into account) once supply returns to normal. That happened with eggs this year, prices were ridiculous at the start when hen populations were slashed due to disease outbreak, and now production has returned and prices are about where they were a year ago.
The meat shortage is a temporary thing caused by reduced herd populations and tariffs on Brazilian imports, but will likely last a lot longer than the egg supply costs because herds take longer to repopulate than chicken broods.
It’s inane to expect everything to change prices in lockstep. We use averages to smooth over distortions in one area to get a better idea of what’s going on more broadly (i.e. are increased prices part of a broader inflationary trend, or is one area seeing a unique spike?).
We use averages to smooth over distortions in one area to get a better idea of what’s going on more broadly
“we” are using a different meaning of the word average I think. When I say mean, the point is to give an idea of where the “center” of the dataset is, not what the dataset is shaped like.
https://en.wikipedia.org/wiki/Misuse_of_statistics
Misuse of Statistics: Using numbers in such a manner that – either by intent or through ignorance or carelessness – the conclusions are unjustified or incorrect.
https://en.wikipedia.org/wiki/Tyranny_of_averages
the often overlooked fact that the mean does not provide any information about the shape of the probability distribution of a data set or skewness, and that decisions or analysis based on only the mean—as opposed to median and standard deviation—may be faulty.
Are you implying the average person doesn’t understand averages?
That’s an interesting thing to say. Tell me more about that.
When I say mean, the point is to give an idea of where the “center” of the dataset is, not what the dataset is shaped like.
Inflation is a measure of how the value of money changes over time, and the point is to guide monetary policy to increase or decrease the supply of money. The main impact of inflation measures is to impact borrowing rates, since that’s the principle driver of money supply.
Inflation measures are not intended to measure how much eggs cost or what to expect your grocery bill to look like. It can be used for that, but a single number will never be sufficient.
A 2.7% inflation doesn’t mean everything is around 2.7% more expensive, it means that if you look at the average spending across all areas for an average person (again, not an actual person, but the mean), they will spend 2.7% more this year vs last. That could be from rent, groceries, sporting goods, etc. How much you are impacted depends on what areas you spend more in. If eggs are up and you’re vegan, you won’t be impacted much at all, but if beans are up, you’ll be impacted more than most.
Prices fluctuate for a variety of reasons, inflation just indicates how much of that is likely due to money being devalued.
It takes so much into account that it becomes almost meaningless for the average person.
So some people will get it all, some nothing, but the average person might struggle with it?
It was just announced yesterday that inflation is up 3.3%.
Still not 60% as per OPs example.
Ops example would show 31%, if it was statistically significant at all.
We’re both wrong.
$16\lb ÷ $11\lb is 1.4545 or 145.5%. 45.5% inflation.
My mistake was looking at the total price. I’m not sure what yours was.
I know, but it’s the true inflation rate, and I want to make sure EVERYBODY sees it, especially MAGA Nazis.
3.3% this month, up from 2.7% last month. Great job HitlerPig.
it’s actually fits 3%… PER MONTH
april '24 to august '25 is 16 months
1.0316 = 1.605
$49.24 * 1.6 = $78.78
It’s not per month. The “published” figures per month are usually like 0.2-0.4
Lab grow all meats. Problem solved. Too bad Trump and his stupid MAGA base are against it. Timeline blows.
Why would a capitalist company making fake beef be any less inclined to upcharge on fake beef compared to real beef?
They both have lines that must go up.
Sure, but if no one can afford to buy artificially inflated real meat prices, that’s a good reason to sell fake beef at a price where people can afford it… And THEN you start to increase the price of that too, but only once a Democrat is president so people can freak out like they did with egg prices
It’s not like it’s on store shelves. It has to exist in the realm of reality before the public can weigh in to determine its corporate viability/profitability.
It’s available in at least 1 restaurant. But it is also completely outlawed in at least 2 states with more trying to ban it.
? How is it outlawed? First time I hear this 😱
It’s been made illegal to sell in Florida and Alabama and Texas is about to follow suit.
7 states. Blame the huge corporate Ag industry lobbying against it.
https://stateline.org/2025/06/30/texas-becomes-seventh-state-to-ban-lab-grown-meat/
So many good things in our country have come from https://en.wikipedia.org/wiki/Citizens_United_v._FEC
/s in case that wasn’t clear
figure out the bovine serum problem
The problem concerns ethics surrounding pain and discomfort the fetus may suffer in extracting the FSB without anesthesia.
Use fucking anesthesia? 🤷♂️
the biggest issue is that there’s no vegan, or even affordable alternative.
so that’s like using a full can of high grade foie gras to make a sliver of “vegan” duck breast.
original typo was “Fuck breast”, and i debated leaving it there
Lab grown meat isn’t currently scalable at that level. Wish it were but unfortunately not. Consider not eating meat 👍 it’s cheaper
I mix my meat with veggies and carbs to make it go longer
I think thats just called a balanced diet man /s
Nah, that’s not balanced yet. You gotta take the combined weight of all that other stuff, and eat twice that in bread and carbs.
this post brought to you by the old food pyramid
that’s just a food triangle, now square that amount of carbs and we’ve got a pyramid. i took geometry duh
Which has the added benefit of tasting super nice
I literally will become anemic if I don’t eat meat. I grew up vegetarian for religious reasons; it was hell until my doctor worked with a nutritionist when I was a kid and determined that my body just needs the complex protein density that is provided in lean meat.
That being said, considering the global catastrophe that is the way we produce and distribute meat as a civilization, I’m happy to pay high prices for quality and (relatively) ethically produced cuts.
Of course,
<redacted>tariff wars will hurt extra to me and others like myself.the lies we tell ourselves are not convincing to others. if you’re up to your neck in bullshit and you’re happy, keep your mouth closed.
Spinach, broccoli, broth?
Not enough long-chain protein per gram. Though I do eat (and drink, re: broth) those foods.
Anemic
Oh i thought rhat was iron not protein.
Yes, a severe lack of protein can cause anemia. Anemia is a condition characterized by a shortage of healthy red blood cells or a low level of hemoglobin, the protein in red blood cells that carries oxygen.
Here’s why protein deficiency can lead to anemia:
- Hemoglobin is a protein: Hemoglobin is a complex protein molecule. Without an adequate supply of protein from your diet, your body cannot produce enough hemoglobin. This directly leads to a reduced ability to transport oxygen throughout the body, which is the definition of anemia.
- Red blood cell production: Protein is also a fundamental building block for all cells, including the red blood cells themselves. A severe protein deficiency can impair the body’s ability to produce new red blood cells in the bone marrow, contributing to anemia.
While iron deficiency is the most common cause of nutritional anemia worldwide, other deficiencies, including a lack of protein, vitamin B12, and folate, can also be significant contributing factors. In severe cases, such as in individuals with protein-energy malnutrition, anemia is a common and serious complication.
My individual biochemistry is such that I need meat to remain vital and at a healthy body weight.
Have you considered eating chains?
Then why are stats banning it on behalf of Big Ag lobbyists? If it’s not a threat, why would they?
Because here in America we longer innovate, we litigate.
Because it isnt households that want it, its the big companies that make processed meat products or burger chains. If moving to lab grown saves McDonalds 5 cents per burger thats 127 million dollars a year. Imagine how much chicken companies that make cheap breaded nuggets use…
The moment it becomes financially viable to build their own factory they will.
My household wants it, and I’ve spoken to many others who want it. And they’re specifically banning it from sale to direct consumers.
Ill rephrase “it isnt the average household” Lemmy skews hard left, go on facebook and see any discussion about lab grown or plant based and read the “I’ll never buy this shit” from people who you KNOW wont check the ingredients list before dunking the chicken nuggets into their trolley or their cookies into their trolley if they figure out plant based eggs…
It can still cut into profits even if it isn’t scalable to being a full solution and it is still worth it for consumers even if it can’t be worth it for every consumer.
All this can still be true even if “lab grow all meats. problem solved” is not true (or at least not possible, even if it is a logically valid construction).
Well then you should present your research to the Big Ag companies, and cash your massive check. Apparently you know something they don’t.
Hmm I really don’t think you understood me at all or else I just really don’t understand what you’re trying to say lol.
as if republicans needed a reason to placate idiots with their legislation
