Quote:
Originally Posted by Taf
I wandered into our local large branch and saw that everything was a third off. I noticed some gardening stuff I often bought. It was tagged at around 50% more than I paid just a few months ago? Inflation? Or a con?
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Probably a bit of both. The liquidators won’t want there to be an absolute fire sale. They will know people will go in and buy stuff on the assumption all the prices have been slashed, mostly without bothering to check too closely, so they can make their job a bit easier by fleecing unwary bargain hunters before finally getting shut of the remnants to clearance specialists, where it will be showing up on eBay for years to come (I used to get replacement bulbs for a lovely Christmas tree light set I got in Woolworths a couple of years before it went under. So nice I was prepared to spend almost as much on new incandescent bulbs over the next few years as I would have spent on one LED set).
Inflation most definitely is a thing, and prices have gone up never to come down again, but I think here again some retailers have been extracting the urine and just seeing how much more they can get for their wares.