Inflation is caused by to many dollars chasing to few goods. Having said that, all of the stimulus is aimed ant unemployment/WIC/food stamps/EBT etc. is free money. It’s value has greatly diminished basically free money for the poor so they are having a field day with it, jacking up the prices and demand.
Your hard earned dollars are competing with the “poors” free government dollars to buy food.
These people are lying. Food prices have already risen by double-digits. The books are being cooked. The next President will find that after his first day in office, unemployment will have risen to 14% and inflation will have risen to 12%. The truth will eventually catch up with you.
And as we all know, the government’s “solution” isn’t going to be the logical thing (like scaling back the government and doing things to try and strengthen the dollar), but more of the same thing that caused it. Wonder how long it’ll be before we see rationing, registration of food supplies and lovely commercials glorifying the whole shebang.
Isn’t government great?/s
“Economy: The rising cost of eating”
Just added a couple of steers to the farm. Now two steers, 12 chickens and two turkeys although the turkeys will be gone by Christmas ;-)
Going to add on a couple of milk cows in the spring (tax return investment) and still considering rabbits for white meat.
1/3 acre garden gets planted in May and harvested and canned in September.
Food will not be an issue here next year. Power bills? that could end up dinging us a bit.
Big agriculture is exporting more food to Asia and other areas—especially beef.
“The U.S. Agriculture Department said last week that it expects retail food prices to increase 3.5 percent to 4.5 percent this year, after climbing just 0.8 percent in 2010.”
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Where do they shop? I want to buy there, too!
My food prices went up a hell of a lot more than 0.8% in 2010, and more than 4% this year. I’d be doing handsprings if food prices went down to what they were 2 years ago - but it would take more than a 5% reduction!
I remember my maternal grandmother always said, “if I didn’t have to eat, I’d be rich.” Everytime I go food shopping, I hear her in the back of my mind and as time goes on, she’s right. I remember hearing a story about an old guy in India who does not eat, yet he lives, been doing it since the 1930’s or so. I’d like to know his secret.
This is the problem with Democrats running things.
Very first rule in saving money, prepare it yourself.
Buy in bulk.
Avoid eating out by any means.
If you are rich with a six figure income you can skip this as it doesn’t apply to silver spoon fed wussies.