Quick, what’s the primary reason food costs are soaring?
“Quick, what’s the primary reason food costs are soaring?”
Hmmmmm, PRIMARY? I can think of 3 reasons.
#1 - As the dollar falls in value, things get more expensive. I think it’s called inflation? (Thank you Ben Bernanke)
#2 - Fuel prices. Farmers use a lot of gas and diesel, and truckers use a lot of diesel to get the stuff to us.
#3 - We’re burning our food in cars! E85. Stupid, stupid, stupid.
If I had to guess, I’d say #2 has the most impact.
(I just moved a big chunk of my 401k to cash, I think it’s going to get lots worse before it gets better).
“Quick, what’s the primary reason food costs are soaring?”
Because Bush hates the poor! (learned that one after Katrina)