The coffee price hikes have stemmed from lower production in important coffee growing regions, particularly in top grower Brazil, reducing the availability of beans.
That's the closest I could find in the article as to a reason. It'd be nice to know if it was just a bad year or if this is going to be a permanent challenge going forward due to climate change or some other factors.
Crazy. That's effectively prohibition, and we all know what that does to black and grey markets.
I have given up on trying to fight my nicotine addiction. Vape with homemade liquid because I'm cheap and I want to know what's in it. Smoke pipes and occasionally a cigar as I really love tobacco. May grow my own tobacco at some point just to play with it. (From the US)
Anyhow, potato vines contain useful amounts of nicotine that can be extracted and used in e-liquid. Atomizers can be easily made from nichrome wire. If you can't get it direct, guitar strings can be a source of wire after burn off. Vegetable glycerin and propylene glycol are easy to get anywhere.
Already happened to chocolate. Raw cocoa is currently around 10% more expensive than it was at the same time last year - but chocolate products at retailers has shot up 40% or more. Including brands where cocoa isn't the dominant component ingredient like milk chocolate.
Yet businesses like Lindt are celebrating a 7.8% increase in sales... Make it make sense to me cos I buy far less now. Who are the people who see these increasing prices and buy more 🤡
Decades ago, in undergrad, I wrote a paper on recessions and the effects on everyday items. Oddly enough, the less money people have, the more likely that they will spend a tiny amount on luxury goods like chocolates. You add up all those people who buy small boxes of chocolates when they normally wouldn't, and you've got your uptick in sales.
Yep, becomes a lot less important to save towards something when you have less than before. Those small luxuries are a mental health savior. That plus all the feel-good chemistry that happens with things like chocolate.
There's no sense in saving towards something when it has suddenly become more than you could ever afford. Might as well buy some chocolate, it's good for morale.
The GF and I were looking at houses a while back but never pulled the trigger. Fast-forward 4 or 5 years and now we will literally never be able to afford a house because the prices are fucking outrageous. We've given up and just spend our money on decent food instead.
Housing is so loony right now. I managed to borrow enough to make a downpayment before it got really crazy. For everyone's sake I hope the market gets flooded with affordable units and crashes the values back down to where they were in the 90s.
I'm sorry for all the single mortgage havers whose savings is all their house, but we're already better off than so many people just by paying the bank directly rather than a fucking land lord.
Lol, it only takes a few days to no longer have withdraw effects of caffeine. Some Ibuprofen and Tylenol will take care of the headache in the transition.
It’s kind of a conspiracy theory of mine, but I’m trying to wean myself off coffee because I expect a price hike to come sooner or later. The majority of the Western world can’t get through the day without it, and I expect most people will still pay for it even when the price goes up.
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