Tuesday, May 24, 2011

Should we trust someone who tells us that a gallon of milk costs $6?

http://www.minnpost.com/steveberg/2011/05/20/28480/were_slaves_to_cheap_gasoline#comment_71046
ONE OF MY REPLIES: "Gasoline is basically a bulk generic commodity. $6 for a gallon of milk? At Aldi it used to cost $2.20 and now $2.50. Hardly anyone charges more than three dollars for a gallon-gallon of milk. Again, if we go generic with shampoo Suave works out to around $5 per gallon. Orange juice costs around three dollars per gallon. The coffee and beer seem "on sale" price where you are basically paying for use of the coffeehouse or bar. It is sort of like calculating food prices via menu prices at a good sit down restaurant.

Eleven 12 ounce bottles or cans of beer are a bit more than a gallon. If you price shop a bit like you would with gasoline a twelve pack of Guinness Stout should be well under $20. 

Should we trust someone who tells us that a gallon of milk costs $6?

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