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As The Economy & Confidence Slumps, Americans Are Hording This 'Commodity'
With the trick-or-treat-fest over, Americans will be shocked to open their credit-card statements at the end of the month and find it considerably higher than normal for this time of year. As American's consumer comfort has tumbled and economic data has plunged, it appears the 'average joe' has turned to one thing to make it all better - candy.
Having soared 5.7% in September alone - the biggest jump since April 2012 - as broad CPI was unchanged, Candy prices in America have never been higher as, yet again, greed is good (especially when every part of your 'dream' is falling apart).
Charts: Bloomberg
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Great news for dentists. Other than the fact people won't be able to afford even higher prices and decided to go without.
Better start stacking up on 5 pound bags of candy.
Layoff List: http://www.dailyjobcuts.com
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A friend of mine owns a concession stand and I sometimes pick up candy for him from Sam's Club. The first time I did it was maybe 18 months ago. They were ~50 cents per bar. Went to take him some a couple of weeks ago and it was ~70 cents a bar. He still resells them for a dollar. Probably not for long at this rate. But the people who buy from him probably can't afford more than that. It'll sink his candy business, I think.
"They're "emergency food rations" Yeah, that's the ticket!"
"It may be TEOTWAWKI, but we're going out FAT!"
"We keep them for bait. You know, Hansel and Gretel-style."
Notes:
1.) Hard candy is only third to both a) alcohol and b) butter in energy content.
2.) Chocolate doesn't have a very long shelf life compared to hard candy.
3.) Hard candy requires no refrigeration.
4.) Hard candy is a very good barter item.
5.) Small children require less fuel to cook.
(Sorry, some Halloween residual effect.)
4 out of 5 Kenyisians prefer QE 4EVA.
1 out of 5 Keynesians is an imposter.
The people are self medicating, no doubt guided by our superior culture and educational system.
I think oxycodone is included in the term, "candy" for many peeples.
I was recently quoted $23,000.00 for a set of dentures!
Yes, candy can be expensive...
Buy Hershey!
Remember hold physical candy not paper candy.
If you're going to hold physical candy, make sure it's the kind that melts in your mouth, not in your hand.
This 'article' is pretty much the same as teaser ads. A more considerate title might have been:
"As The Economy & Confidence Slumps, Americans Are Hording Candy", and just leave it at that... except that you might consider spelling 'hoarding' right.No, it has nothing to do with Americans buying more candy, but with the fucking greedy retailers trying to expand margins any way they can.
They know people don't want to disappoint children, so they doubled the price of bagged candy from last year.
I saw a price of $12 on a 40 piece bag and said, FUCK THAT ASSHOLES!!!!
I went to Five Below and the Dollar Tree.
Oh please, you subscribe to the Venezuelan model where it must be the merchants who are to blame for higher prices.
Fact is, prices merchants pay for everything - plus the cost of doing business - is steadily climbing.
The same jackass mentality is repeated over and over again throughout history - blame the merchants. Yeah, those damn shop keepers are destroying the economy....we need price controls!
You obviously know very little about running a business or free enterprise. I suggest you do some in depth study and gain some real world experience before spouting off such drivel.
Dark chocolate has gone through the roof in the past ten years despite the Fed's zero CPI.
According to ADR (see his comment above) this is the fault of merchants like the Mom and Pop you shop at next door.
apparently you missed the zerohedge story of how the cocoa market was being cornered a few years back and is on a roll from the 2013 low, or the artificial price supports given to US sugar producers by "uncle sugar" with your tax dollars
retailers are the tail end of the inflation dog. gotta make margin some where.
looking at my owebombacare premium increases it appears that I have adopted a large family of diabetic mexicans so this is bad news for me.
Claim this nightmare vision as deductions on your taxes and let us know how that strategy works out. A psychotic episode such as this may also support a disibality claim, so take heart.
Go to a Mexican bakery some time and watch how they shop and what they eat. And the Indians and muslims, Jayzus you would think cultures that old would have their feminine shit together but the hindquarters of their women look like barnyard stock. The SE and Far East Asians still have a clear edge, since they actually eat fresh food in their countries although they are being heavily bombarded by the likes of Nestles et al to try to condition them to eat what the West eats.
Look around Walmart... same thing.
some cultures consider big chicks to be a sign of wealth. in the west today we've rebranded that as Walmartians
http://tinyurl.com/nzv9zsa
ah, I actually lol'ed
dats racyst!
but true
Snickers are cheaper than pussy.
More loyal, too.
The days and week after halloween are massive candy sales...if you need that.
Not kidding, the simple reason …..
As the price of quality proteins and complex carbs go through the roof Americans are forced to eat crap simple carbs and then suffer through what? Precipitous drops in blood sugar following simple carb ingestion. What's the quick fix for low blood sugar? Candy!!! No doubt in my mind why candy sales are up. Just another unintended consequence of run-a-muck Fed policies that inflate the cost of high quality food.
We were giving away handfuls to every urchin who came to our door last night. Overestimated demand on my part. So now I am long on milk duds.
Unfortunately, I'm long on duds too but they're all in my mining stock portfolio.
Snickers are safer than pussy, also...
But which is the most fun?
Maybe sugar producers need a federal subsidy.
Maybe sugar producers need a federal subsidy. /sarc
FIXED!!!
Recently, Oreo Cookies production went to Mexico because our "leaders", purposely, made sugar more expensive in America. Sugar is much cheaper in Mexico.
For several years now, I've tried to explain to anyone who will listen how when I was a little snot-nosed kid, in 1960 I could walk into any store or Seven-Eleven with nothing more than a Nickel in my pocket, buy and walk out with any candy bar of my choice. Didn't even have to pay tax unless I bought ten cents or more in goods.
Try finding a candy bar for a nickel these days.
But every time I tell this to people they all get this blank look on their faces. It's so sad that these same people can't comprehend that inflation is destroying the value of their money. We don't need more money, we need more value in the money we get.
These are the same people who will break into your homes when the dollar collapses, looking for food.
I get the same reaction when I tell my son's friends about a new Ferrari costing $12,500 in 1962. And back then there were silver certificates, not FRNs.
I no longer bother explaining. Winter is upon us and if they don't get it now they never will. They get all the knowledge they need from iPhones anyway.
I told a fellow worker inflation would someday make the price of a loaf of bread a million dollars.
He said great! He would then be a millionaire!
This is a stupid chart. What is the CORE candy CPI? You have to throw out candy corn and mini Three Musketeers due to seasonal factors.
I measure my quality of life in Doritos. Ie. how many grams of Doritos could I buy with the net of my paycheck? That wipes out all the differences in changing package sizes, income tax rates, etc. Without quoting numbers, I can say that between 1995 and now, my "Doritos purchasing power" has decreased by a little over a third...and that's despite a couple significant pay increases over the course of my career.
Well, I am not exactly hording candy, but, I have a TON leftover from last night, exactly 5 kids came by trick-or-treating. Kind of sad really.
Many candies have a long shelf life. I broke out my 2014 vintage Tootsie rolls last night but tried one before putting them into play. They were a little tough but full-flavored.
Yep,,, slow but surely anything good in ameriKa is being sabatoged by the Big S.... Security!
Halloween is now sexist somehow and all children are somehow unsafe even when accompanied by adults.
Thanksgiving is hammered by the anti white crowd.
Christmas is being destroyed by the anti Christian, anti white crowd
New Years is ruined by all the DUI check stations and the anti drinking crowd.
Valentines Day is being destroyed by the anti hetero crowd
Easter -> See Christmas above
Memorial Day is being destroyed by the government that cannot discern between dying for the country and dying for the empire
Independence Day (Now called July 4th) is being destroyed by the anti slave owning white founders crowd.
Labor Day destroyed by the corporations offshoring and Unions spouting communistic propaganda.
Columbus Day is being destroyed by the anti founders anti white crowd and the native Indians that lost the wars.
But nobody refuses the day off if offered by employers!
Yep,My dad started a family business in 1975. I use to sneak away from the boredom of the work I was doing . Next door was a gas station that had ice cold soda pop in a stand up machine where you put in your money and pull the bottle out of the metal guard behind the glass door.
The service station attendant was in his mid twenties and walked with a limp. He had taken shrapnel from a grenade while serving in Vietnam. At the time I had 3 cousins who had served and remember watching on 1 of the 4 channels on the TV, the helicopters leaving the roof of the american embassy.
I was 13 at the time and I would stop by and talk with him. ( he had a Ford Falcon which he hand painted). He would buy me a soda while he sat in the office while I pumped gas when customers came in. He got to rest his leg and for 25 cents I got a soda. Back then they had 3 types of gas. regular, mid grade and ethyl. Regular was 35 cents a gallon, mid grade was 38 and ethyl was 43.
I wish I had started collecting the pre 1964 coinage then, pretty ggod odds I put a sliver quarter into that coke machine
You know, I'd believe the article a lot more if you could get the spelling in the title right. It's hoarding, not hording.
Quality control is severly lacking. As for candy CPI, everything people actually like or need is going up, up, up in price. This is not really any new and amazing news.
Did you catch the previous article?
It covers the whoring cupcakes trend, where women trade services for flour and sugar and use the end result for icing
Bullish! If you got a thing for fat chicks.
An enormous supply of them available in the USA these days.
https://www.youtube.com/watch?v=ixb5YiscjMQ
Which begs the question, are yeast smarter than humans?
Really you should be hoarding beans, bullets, bandaids, and bullion.
And babes.
When I was a wee tyke in the early 1960's we lived in a gritty, lower-working-class trailer court near Appleton, Wisconsin. At the end of the main gravel lane there was a big cinderblock building that had washers, dryers, shower stalls, a pay phone, a pop machine, and a candy machine. Everything was a dime. It was a rocking place on Saturdays with folks doing laundry, taking showers, calling relatives, etc.
I'm the middle child of three boys, each two years apart. Saturday mornings we got our weekly allowance of a dime apiece. We'd head for the big cinderblock building to spend our paychecks. In the summer we rode bikes, tricycles, and a metal pedal tractor. In winter we bundled up and walked. Three boys, 4, 6, and 8, traveling alone to the social center of a tough working-class trailer park on dangerous peddle-powered machines without any helmets or elbow or knee pads.
Choosing which candy or pop to buy was a group decision, since we'd share what we bought. The pop machine sold 16oz returnable bottles of Pepsi, Mountain Dew, or Root beer; the lone "diet" pop selection was Tab. The machine had a metal rack on the side to put the empty bottles in, which folks did. Many of these people had no phone, no washer or dryer, no hot water, yet they'd dutifully put their returnable bottles back in the rack. No one ever stole the bottles or vandalized the machines.
On Halloween we got a lot of candy and also a lot of home-made treats: popcorn balls, salt water taffy wrapped in wax paper, apples, brownies, etc. We ate it all and never got poisoned or drugged or cut by a razor blade.
Soon to turn to another commodity if this trend continues... Insulin.
Don't bring candy to a gunfight, just sayin.
More candy eaters equals a higher rate of diabetes cases equals more deaths equals more food for me .
Eat hearty dopes
silver or chocolate: https://www.youtube.com/embed/bYhTFz_SGw0
Interested observers will note that US citizens pay twice as much for sugar as do consumers in other countries. This is because, for many years now, the US Dept. of Agriculture has administered a quota system for sugar imports. This benefits cane growers in Florida and Louisiana, (many owned by Cuban migrants and worked by Haitian illegals), beet growers benefitting from government irrigation projects and the much-coddled corn growers everywhere - all at the expense of the US consumer, of course.