You gotta read it at the link at WSJ. The Feds claim there isn't inflation and yet the prices of energy and food keep rising. Then on top of it, devalue our money. Pure genius we have in Washington.| Submit your comments on this article |
| Home Front: Culture Wars |
| Yay! Here comes inflation as food prices rise 5-13% |
| 2010-11-05 |
| You gotta read it at the link at WSJ. The Feds claim there isn't inflation and yet the prices of energy and food keep rising. Then on top of it, devalue our money. Pure genius we have in Washington. |
| Posted by:DarthVader |
| #4 Yes, it is a worry for those who have to pay. Food programs now drive the market. It doesn't matter the brand or the price. The wealthy will still get what they want. They will still eat out but not as often. Private label business works only if you have volume. They give themselves all kinds of space and cut back those who don't pay or pay enough for space. So you see the quality go and size gets ever smaller. The wealthy and food assistance people will get quality so the name brands will remain. Quality product requires a higher price. Good profit margin and you will stay in business. Knock offs and bottom feeders will be hurt the most. |
| Posted by: Dale 2010-11-05 18:28 |
| #3 EPA. greenhouse gas particulate pollution fine takeover/shutdown of farmland practical impossibility standards Fuel Taxes transportation harvest processing refridgerator storage Increasing % ethanol requirements in auto fuel gives farmers sure thing crop selection turning food into fuel. Those are the general outlines for why your food prices will increase, only to be aggrivated by speculators on the one few US industries remaining and then dollar devaluation. It might be easy to point at the marketeers, but the problem is government - the marketeers are a response to government policy. |
| Posted by: swksvolFF 2010-11-05 17:14 |
| #2 If you want to read a nightmare on inflation, devaluation, and collapse, try Chapter 5 of "The Collapse of Complex Societies", Joseph A. Tainter. Scary reading for Americans. |
| Posted by: whatadeal 2010-11-05 17:06 |
| #1 Quit using agricultural land to create state subsidized bio-fuel. |
| Posted by: Procopius2k 2010-11-05 16:25 |