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DFW

(60,112 posts)
24. On June 29th, I'll really be able to make an informed comment
Fri Apr 19, 2024, 11:04 AM
Apr 2024

Last year, when my wife and I arrived in Boston for our annual vacation, we noticed people carrying large reinforced plastic bags full of fresh vegetables and fruit away from someplace. They were all loaded down, and we asked ourselves if someone was giving it away or something?

We followed the trail on foot until we came to a vast open air farmers market, right in the heart of Boston's north end. I figured, well, this is the North End, so the vendors must all be Italian. Maybe 50 years ago they were, but now they were all Moroccan. OK, whatever. So we checked out what they were offering, and couldn't believe it. Huge eggplants? $1 each. Cherries? $1 for a pound. Lemons? 6 for $1. A big container of fresh raspberries? $1. And so on. We left there as laden down as everybody else. Got a few stares as we walked back into our hotel! What's the kitchen staff doing taking the guest elevators? For about $20, we loaded up on fresh produce that we guessed would cost us roughly $175 at the Stop and Shop in Provincetown on Cape Cod. How these merchants--and there must have been 50 of them--could offer all this stuff at this price, we didn't (and still don't) understand. If the price has gone up 50% since last year, it's still an incredible bargain. How these people can make a living selling all this fresh food at these prices remains a complete mystery to me. I don't know how they even make their gas money to and from town. But there were dozens of them doing a brisk business--at those prices no wonder!!

This can't be unique. There have to be other markets in other cities like this. But holy cheapo, Batman, this exists right under our noses. OK, they have no overhead, no employees to pay (clearly all family operations), no rent except their market stalls, but considering the price of housing in Boston, they were not walking to work. It DOES make one wonder: do the costs of trucks, supermarkets, insurance, marketing, personnel, building inspection, utilities etc. really make up 85% of the food prices we are paying?

On June 29th, we'll be back at that market in Boston, and I'll let y'all know if everything is still as cheap as it was last year.

Recommendations

4 members have recommended this reply (displayed in chronological order):

It is sadistic abuse of the working poor and folks on fixed income dalton99a Apr 2024 #1
Yes, it is guaranteed profits PatSeg Apr 2024 #30
Now one can see why all those HOAs ban big gardens. OldBaldy1701E Apr 2024 #46
Good point PatSeg Apr 2024 #47
Fuck HOAs Prof. Toru Tanaka Apr 2024 #49
Smart move. Ligyron Apr 2024 #59
Unfortunately, I live in one. OldBaldy1701E Apr 2024 #68
Grocery Giant Kroger Rakes in Billions While Food Prices Soar SalamanderSleeps Apr 2024 #64
If One Looks At Their Financial Statements... ProfessorGAC Apr 2024 #69
It's also a sadistic abuse of working and middle income Americans, families, and B.See Apr 2024 #56
Yep. That's why Yellen's efforts using traditional anti-inflation tactics failed Model35mech Apr 2024 #2
"...consumers to curb spending..." Wednesdays Apr 2024 #22
That is the problem with not using antitrust laws for 40 years post reagan JT45242 Apr 2024 #3
Grocery stores are in an arms race to RAISE prices, not lower them dalton99a Apr 2024 #4
Grocery stores llmart Apr 2024 #12
I am in Rebl2 Apr 2024 #20
Yes, without food and energy prices markodochartaigh Apr 2024 #33
Agree Rebl2 Apr 2024 #42
As a small farmer Farmer-Rick Apr 2024 #28
I knew that. dchill Apr 2024 #5
Wonder how many major news outlets will risk angering their advertisers to spread this news. progressoid Apr 2024 #6
I RARELY hear news or media even mention corporate profits when talking about inflation. CousinIT Apr 2024 #9
We never get the full equation from the media underpants Apr 2024 #11
I'd love to see the media execs confronted with this. CousinIT Apr 2024 #13
I wanted to check my facts on this and look what I found. underpants Apr 2024 #25
This is not entirely true Ontheboundry Apr 2024 #34
Yes, I knew they weren't (and probably won't) cover it senseandsensibility Apr 2024 #55
Predatory Capitalism Emile Apr 2024 #7
They won't. They'll just blame him for inflation. KPN Apr 2024 #14
This message was self-deleted by its author onecaliberal Apr 2024 #8
We didn't really think food & gas were going to let people keep all that 2020 money in THEIR pockets did we? underpants Apr 2024 #10
Why should some stockholders make less profit than others? leftstreet Apr 2024 #15
Supply and demand may, may work at the Macro level Prairie_Seagull Apr 2024 #16
And their massive profits can also end up in PACs Fritz Walter Apr 2024 #17
Yes, stop buying food and houses Puppyjive Apr 2024 #18
There's a boycott of all Kellog's cereals OMGWTF Apr 2024 #19
I've boycotted Kellogg's cereals for years now, but I've boycotted all the rest of the other sugary crap as well elocs Apr 2024 #50
NPR's Fresh Air yesterday SleeplessinSoCal Apr 2024 #21
5 year? like for ever. AllaN01Bear Apr 2024 #23
On June 29th, I'll really be able to make an informed comment DFW Apr 2024 #24
We have farmer's markets where I live. They are VERY busy. CousinIT Apr 2024 #32
We have had a farmers market in my town for the last 800 years DFW Apr 2024 #43
We have two large farmers' markets nearby. Going to them is a Saturday ritual... Mark.b2 Apr 2024 #52
My oldest daughter, a teacher, as a side hustle, Prairie_Seagull Apr 2024 #67
We throw away way too much food as well. littlemissmartypants Apr 2024 #26
Absolutely nowforever Apr 2024 #27
My local guy that sells excess eggs just raised his prices 50%. It ain't just big companies. Silent Type Apr 2024 #29
"Greedflation" is a great name for it. A lot of things have shrunk in size Warpy Apr 2024 #31
It's called shrinkflation: Celerity Apr 2024 #60
If toiley paper gets much narrower Warpy Apr 2024 #61
DUH, someone spent money for a study on this? krawhitham Apr 2024 #35
This message was self-deleted by its author Initech Apr 2024 #36
I take it that you don't have any retirement or investment accounts? MichMan Apr 2024 #37
I'm lucky Faux pas Apr 2024 #38
This. Is. Capitalism. lonely bird Apr 2024 #39
Just some more corporate greed. republianmushroom Apr 2024 #40
What effect does shopping for groceries w/ "cash back" cards have against personal hits due to corporate greedflation Backseat Driver Apr 2024 #41
K&R usonian Apr 2024 #44
Time for a windfall tax perhaps? mwooldri Apr 2024 #45
Actually that's a great idea. Emile Apr 2024 #48
No shit!!! cstanleytech Apr 2024 #51
Being retired & poor, I'm doing alright as far as food goes. elocs Apr 2024 #53
It's Greedflation. Wake up America. oasis Apr 2024 #54
So, Reich & Warren Were Right After All... GB_RN Apr 2024 #57
Isn't free market economics supposed to keep prices low? tclambert Apr 2024 #58
"Free Market" Ligyron Apr 2024 #62
It's happening across the border to our north too. summer_in_TX Apr 2024 #63
Just talked to a Republican about this (my dad) TheFarseer Apr 2024 #65
Right! Emile Apr 2024 #70
The "Biden" is blocking oil production talking point is of course bullshit. This chart shows it up under Biden... CousinIT Apr 2024 #71
K&R ck4829 Apr 2024 #66
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