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| Economy |
| The Real Inflation Fear - US Food Prices Are Up 19% In 2014 |
| 2014-03-27 |
| [ZEROHEDGE] We are sure the weather is to blame but what happens when pent-up demand (from a frosty east coast emerging from its hibernation) bumps up against a drought-stricken west coast unable to plant to meet that demand? The spot price (not futures speculation-driven) of US Foodstuffs is the best performing asset in 2014 - up a staggering 19%. |
| Posted by:Fred |
| #3 Yeah, they never count food or energy prices in the CPI because...who uses that stuff? |
| Posted by: tu3031 2014-03-27 19:14 |
| #2 Don't worry, the Fed doesn't include food in its calculation of inflation. Mortgage paper their predecessors and future employers are holding does count. They'll protect the latter. |
| Posted by: Procopius2k 2014-03-27 18:21 |
| #1 They're playing with fire. |
| Posted by: bigjim-CA 2014-03-27 18:10 |