Inflation, or, the rich stay rich...

Beth and I went to Walmart yesterday for some food ranging from jello to sugar to rotisserie chicken to bagged spinach to frozen bread, where the total quantity of items did Not fill two grocery bags. We were surprised to see the final cost was $85 and some change. The most expensive individual item was a gift card worth $15. Both of us wondered how anyone on a limited income could possibly afford to feed their families.The chart below tracks Walmart prices in a California store since 2024,which clearly shows that the items tracked outpaced inflation by a substantial amount-as indicated by the following data: "The cumulative inflation rate from July 2024 to July 2026 was approximately 7.2%, reflecting a steady compounded increase in consumer prices. Over these two years, trailing 12-month annual inflation fluctuated between roughly 2.5% and 4.2% as the broader economy dealt with energy price volatility." (Click on the chart to enlarge it)

Obviously the billionaires-including the Walton family and Mr. Trump- are benefitting themselves regardless of any claims to the opposite. "Donald Trump made over 1.4 billion..( closer to 2.8 counting other family members) from cryptocurrency ventures, including a massive windfall from the TRUMP memecoin launched just before his inauguration. However, the projects operated as a "rug pull," with retail investors losing an estimated $3.8 billion as the memecoin collapsed 98% from its peak." So, how his supporters maintain their unwavering loyalty is simply astonishing. Perhaps most of the support is now dependent on the fear of 'immigration/socialism' or 'fraudulent election' schemes?..At any rate, it is a common theme throughout history for those in power to blame others for the state of the world, deflecting to immigration or welfare or religion or some other fear mongering theme-often with racist overtones- so that the populace does not look Up towards them and their often corrupt ways of hoarding wealth and resources to keep the 'common folk' suppressed. This is not to denigrate capitalism, just the moral and ethical failures that sustain parts of human nature.