Behold the Change from Wall Street to Y'all Street!
Price Inflation in the US: My Family’s Basket of Goods from COSTCO
[ Part 1: COSTCO – Part 2: AMAZON] In summer 2018, my family and I went on a trip to the Reno-Tahoe area, mostly for vacation but also to get an idea if the greater Reno area may be a suitable one for relocating from Honolulu, after my retirement from the University of Hawaii. During the visit, I took pictures at Reno Costco of some of the products and items we used to buy at the time in Honolulu. I wanted to compare them with Honolulu’s Costco (at Iwilei). I was expecting that the “price of paradise” would hit again, and many items would be more expensive in Hawaii. I was planning to blog about it. Much to my surprise, the prices were basically the same … nothing to write about. Fast forward to 2024 and the “big news” is inflation and the cost of food items. Actually, most of the inflation occurred soon after the Covid pandemic was under control. The rise in prices was due to high demand and limited supply because of labor shortages and supply chain issues in the harbors, etc. Food i
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