When they go loco ... WeGoLocal

Fighting Greedflation

We’re fighting corporate greedflation, and coming out ahead financially. (We’re also paying less in taxes - legally!)

What is Greedflation?

The first wave of inflation was caused for the most part by the crippled supply chain due to the Covid-19 worldwide pandemic.

When those supply chain kinks were straightened out, and the cost of goods came down, many companies maintained their higher prices - and even increased prices “due to inflation.”

That price-gouging, caring more about corporate stockholders than consumers, is what we call greedflation.

How can we fight greedflation?

Companies want our money - as much of it as they can get. With WeGoLocal, we’re going to explore ways to keep it for ourselves … by doing more for ourselves, dammit!

To their credit, Kamala Harris and Tim Walz are shining a spotlight on the issue and promising to use their administration (if elected) to combat price-gouging.

But I believe it’s in our own power to fight corporate greed without any help from government.

Homemade pizza fresh from the grill (Photo by Tim Prentiss)

Make your own pizza, dammit!

After seeing how easy it is to make stuff for your friends and family, I hope you’ll be encouraged to try it yourself - then tweak it to your own tastes.

Take pizza as an example. Most of us have pizza each week. It’s one of those classic meals that Americans love. According to the slicelife.com blog The Sauce, Americans eat 40 pizzas per year. That is derived from the estimated 38 billion pizzas ordered each year.

Fighting greedflation … with pizza

How much do you pay for a pizza from your favorite shop?

I just made the dough for two pizzas. Total cost: $2. That’s for two pizzas, remember.

Let’s say the toppings cost $2 per pizza, for a total cost of $3 each.

So calculate the savings:

1. The price you pay for one pizza $___.

2. Subtract $3 from the amount above, saving you $___ per pizza.

3. Multiply the savings by the number of pizzas you order per week: $___ per week.

4. Multiply those savings by 52, assuming you order pizza once a week: $___.

That’s enough to subscribe to my newsletter for a year, I bet!

We’ll find many other ways to save

With WeGoLocal, I hope to help you learn how to save on food and drink that you usually buy from stores or restaurants. Here’s a list of future topics:

• Make your own bagels with toppings that are tailored to your taste

• Roast your own coffee beans on a propane grill

• Make no-knead English muffins on your stovetop

• Bake delicious and nutritious cookies with no preservatives or high-fructose corn syrup

• Produce whole wheat bread that you’ll love for sandwiches and toast

And I’ll go into detail on how to make your own pizza, of course.

What would you like to save money on? Add your suggestion to the discussion area below and then watch this Substack for many more ways for Fighting Greedflation!

Further savings

By making things in your own kitchen, you’re paying tax on the price of ingredients, not the finished product. In our example above, rather than paying 10% tax on a pizza that costs $12, we’re paying tax on $4 worth of ingredients!

And whether you eat the pizza in a restaurant (paying a tip to the server) or having it delivered to your place (paying for the driver’s time) you’ll be saving even more by making and eating it at home.

Non-financial benefits

One more aspect that we can factor in, even if it doesn’t save us money: the aroma. Pizza dough as it rises, a pizza on the grill, then the slightly-charred smell of a pizza left a little too long on the high heat (on purpose) … all are provided at no extra charge.

So let’s start Fighting Greedflation together, with WeGoLocal!