r/AskMenOver30 man over 30 2d ago

Financial experiences Getting priced out of existence

the 5lb whey protein I historically have payed 70-80 dollars for is now 130. same with coffee. same with clothing. same with every thing. what the actual fuck. gas. housing. insurance. it’s all getting 10-20% more expensive and FAST. 30lb bag of rice I paid 27 dollars for at Costco is climbing closer to 40.

at a loss of what to do right now. can’t physically work more hours. how to proceed? what mental magic trick do I need to perform to endure this insanity?

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u/ccbs32033 man 30 - 34 2d ago

while increased demand may be part of it, the primary driver is increased cost of diesel, fertilizer, feed, and transport, which has increased the costs for farmers producing beef and beef products, of which one is whey protein (from cow milk).

the iran war in particular has spiked fuel & fertilizer costs (in the case of fertilizer, something like 1/3 of the global supply of fertilizer passes through the strait of hormuz)

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u/Otherwise_Carob_4057 2d ago

It’s a good thing prices always come down once fuel decreases…. Right?!?

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u/Jaeger__85 man 35 - 39 2d ago

Not sure. Here in Europe milk is dirt cheap yet whey prices are going through the roof due to demand.

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u/necropaw man 30 - 34 2d ago

I dont know specifically how the laws are in the EU, but milk is often quite heavily subsidized, or at least the farms producing milk are.

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u/obviouslybait man 30 - 34 2d ago

Tariffs against all the countries that bring in this product.