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Bloomberg has some tips to deal with inflation, like eating lentils and taking the bus

We forgot which order these takes came in, but we remember when there wasn’t really inflation, and then inflation was transitory, and then inflation was actually a good thing for a couple of days there. At first, we thought Bloomberg Opinion was being slick with this tweet, like it was a joke to get you to click the article and find out how “nobody said this would be fun.” But no, it’s absolutely sincere. Take the bus and eat lentils.

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“More Americans than ever expect their finances to worsen as inflation hits a 40-year high. Do you really need that extra car?” That’s a dumb question to ask when the administration is calling on all of us to buy electric cars to skirt fuel costs and save the climate.

Economics professor Teresa Ghilarducci writes:

To deal with gas prices, it’s worth reconsidering public transportation if it’s an option where you live. Fares are up about 8% compared with 38% for gasoline. Now may even be the time to sell your car. It certainly isn’t the time to buy a new or used one. Prices have stabilized a bit, but used-car prices are still up more than 40% from a year ago, and new ones are up 12%.

When it comes to food, don’t be afraid to explore. Prices for animal-based food products will certainly increase. Ukraine and Russia supply a significant amount of corn and barley to the world market, mainly to feed livestock for human food. Meat prices have increased about 14% from February 2021 and will go up even more. Though your palate may not be used to it, tasty meat substitutes include vegetables (where prices are up a little over 4%, or lentils and beans, which are up about 9%). Plan to cut out the middle creature and consume plants directly. It’s a more efficient, healthier and cheaper way to get calories.

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They really aren’t going to stop until we’re all eating bugs.

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https://twitter.com/my_poverty/status/1505315165184663554

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Hear that, Pete Buttigieg? Let’s get some mass transit going for rural America. Where’s that coast-to-coast high-speed rail network that Barack Obama promised us?


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