Businesses have to pay for all of Obama's new taxes and the higher cost of employee medical insurance somehow.
Then they have to compensate for the plunging value of the dollar.
Posted on 04/16/2014 3:25:28 PM PDT by ilovesarah2012
The Wall Street Journal and the Financial Times (FT) have recently reported frightening food-price inflation. Prices for staples like coffee, oats, milk, meat, vegetables and fruits have increased so far in 2014 by rates as high as 70%. The FT noted that a breakfast now costs at least 25% more than it did in 2013.
As expected, media attributed the food-price inflation to droughts and to fast-growing demand in Southeast Asia. For fish, for which prices tripled in recent years, the drought factor does not apply, leaving us with high demand. This explanation fits best with what the US Federal Reserve and the administration of US President Barack Obama want us to believe. But it is false, and disguises the failure of the policies of both.
If drought and Southeast Asian demand explained food inflation, then the puzzle remains as to why stock prices have risen 30% per year and housing prices by 15% per year in the past four years. Media, academics, and international financial institutions have never related inflation to the Fed's quantitative easing and near-zero interest rates, or to Obama's record monetized deficits. At a time mother nature held back rainfall, Bernanke's helicopter rained down rivers of money, adding US$3.6 trillion from 2009-2014, or five times the quantity of money the US created from 1776 to the financial crisis of 2008.
(Excerpt) Read more at atimes.com ...
And the packaging is getting smaller & smaller!
Blame Nancy Pelosi and Barbara Boxer. They’ve cut off the water supply to the food basket of the nation — Central California.
Trillions in debt, printing money, QE Infinity, etc. What did anyone expect? It doesn’t help when they attack ranchers (Clive Bundy) and shut down fishermen in the Gulf, keep farmers from using THEIR land by shutting off their water in CA, etc.
Inflation is also the result of TYRANNY!
They have also cut off vital grazing land out west for those rugged individualist farmers out there...
Businesses have to pay for all of Obama's new taxes and the higher cost of employee medical insurance somehow.
Then they have to compensate for the plunging value of the dollar.
Yep. I think Little Debbie snacks are about 2 - 3 times smaller than they used to be. Have you seen what they call a honeybun nowadays? And their prices have all gone up. I expect microscopic sized snacks with the next few years.
I’m sure that not every significant problem facing America was caused by, or made worse by, the Federal Government.
It’s just that after thinking about it for many years I haven’t identified any.
But...but....inflation averages 0.1 - 0.2% per month....how could this be?
The purchasing value of the dollar is dropping like a rock. There’s something amiss in the gold market also.
The economy is too important to trust the government with.
That is true. My family really buys what is on sale (BOGO mostly) and shop for meat at a local grocery store with lower meat prices. Not a fancy store, but who cares? Got Oscar Mayer bacon for $3.50. These days that’s a steal.
the author of this ridiculous nonsense:
Islamic Capital Markets: Theory and Practice
http://www.wiley.com/WileyCDA/WileyTitle/productCd-1118247132.html
Obama’s speech in Cairo will only lend credibility to a dictatorial regime and hamper his quest for a fresh start with the Muslim world.
http://nationalinterest.org/profile/noureddine-krichene
That has worked for everything else since 2008, so why not...
The drumbeat from Pelosi, Frank, Reid, et al, willingly parroted by the "media" during the GWB years about how higher gas prices were the result of W enriching his oil friends was a daily staple.
With gas prices spiking again (but WTI prices near $100/barrel) where is the dem media machine drum-beating that BHO is enriching his oil friends?!
Not holding my breath waiting for that. C'mon Nan, get out there and blame Bush!
I'll stop now...just needed the therapeutic release.
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