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Cake day: June 18th, 2023

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  • Thanks for the twitter free link 👍, Interesting read. Despite examples on single items that are higher, I think 30% is a bit on the high end, but it’s good to see people debunk the official propaganda.

    I found the butter situation mostly confirming my own estimate.

    https://www.cbc.ca/news/world/russia-wartime-economy-butter-price-inflation-1.7371742

    But even this article on a single issue doesn’t state the size of the package:

    Reuters reporters found shopping bills showed the price of a pack of Brest-Litovsk high-grade butter in Moscow has risen by 34 per cent since the start of the year to 239.96 roubles ($3.41 Cdn).

    Searching further I found that the brand is generally sold in either 120 or 180 gram packages.
    So that doesn’t help much except here we generally used 250 gram but many have shrinked it to 200g, so Russia may suffer some shrinkflation too?
    But the claim is that butter has officially increased 25.7%, but according to Reuter price checks it’s 34%. But butter is supposed to be in the high end.

    For sure inflation is nipping away the value of Russian wages. And it’s weird to read about Russians that are puzzled about why prices are increasing? But maybe they don’t dare say what they are thinking.




  • Even after increasing interest rates 3 times from 16% to 21% over a few months, the value of the Ruble is still declining!
    I haven’t been able to find much info on their inflation though, I’ve had to kind of extrapolate that, but if it’s really higher than 30% for food, there must be a lot of Russian families that feel that badly. Hopefully that will help cool the Russians support for the war.
    IMO it’s unlikely that inflation is lower than 15%, which will already be a problem for many Russians, and will only get worse with Putins current economic policies.

    I’d be interested to know where you get info on inflation in Russia?









  • True, but I use the phone reference to show how ridiculous it is that Intel remained on 4 cores for almost 8 years.
    Even Phenom was available with 6 good cores in 2010, yet Intel remained on 4 for almost 8 years until Coffee Lake came out late 2017, but only with 6 cores against the Ryzen 8.
    Intel was pumping money from their near monopoly for 7 years, letting the PC die a slow death of irrelevancy. Just because AMD FX was so horrible their 8 Buldozer cores were worse than 4 Core2 from Intel. They were even worse than AMDs own previous gen Phenom.
    It was pretty obvious when Ryzen came out that the market wanted more powerful processors for desktop computers.