Posted on 07/16/2014 5:24:54 PM PDT by blam
By Michael Snyder
July 16th, 2014
The basic necessities in life just keep getting more expensive. On Tuesday, Hershey announced that the price of all of their chocolate bars is going to go up by about 8 percent. That is particularly distressing to me, because I am known to love chocolate. But if it was just chocolate that was becoming significantly more expensive perhaps that would be okay. Last month, it was coffee. J.M. Smucker, one of the largest coffee producers in the United States, announced that it planned to raise coffee prices by about 9 percent. And Starbucks has announced a bunch of price increases across the board on their coffee products. Of course we could all survive without chocolate and coffee, but as you will see below just about every food category is becoming more expensive. If this keeps up, could we eventually see armed guards in grocery stores and on food trucks?
On Wednesday, Robert Wenzel of the Economic Policy Journal shared some new data that has just been released by the federal government about food inflation over the past year. Without a doubt, these numbers are quite startling...
According to the latest data released today by the Bureau of Labor Statistics, year-over-year gains in some food products at the producer level have been truly spectacular.
* Eggs for fresh use are up 33.9%.
* Pork is up 28%.
* Processed turkeys are up 20.4%.
* Dairy products are up 10.7%.
* Fresh and dry vegetables are up 8.4%.
* Fresh fruits and melons are up 7.5%.
Unfortunately, paychecks for most American families are not going up at similar rates.
(snip)
(Excerpt) Read more at theeconomiccollapseblog.com ...
If you have an Aldi store where you live take a look.
Food inflation: big problem severely under-reported by MSM.
Something to think about. Similar scenarios have been discussed before in various ‘alternative’ literature.
Just imagine how much more it would be if Hershey didn’t move factories to CHINA!?
20 Signs The Epic Drought In The Western United States Is Starting To Become Apocalyptic
NOT TRUE:
Though prices of everything , especially Commodities are rising, and rising fast, is just a byproduct of our Monetary System.
THE VALUE OF EVERY DOLLAR YOU OWN IS BEING STOLEN RIGHT IN FRONT OF YOU, and it has been going on since the creation of the Third Central Bank. It really got kicked into High Gear when LBJ began his “War on the Family”, less than 7 short years later Nixon “Officially Declared the US Bankrupt”. Since then the Banking Oligarchy has Stolen at least 5% of your Money’s VALUE Every Single YEAR.
The last 6 years with ZIRP and TARP, and QE Forever it has been around 13% Annually.
Welcome to Serfdom.
All our utilities went up this last month. Gas is up. Our paycheck is down due to insurance hikes.
Armed guards on food trucks. You mean like they do in Guatemala?
*** On Tuesday, Hershey announced that the price of all of their chocolate bars is going to go up by about 8 percent.***
I still remember when a Hershey bar cost 5 cents. And a bigger bar cost 10 cents. And a huge bar cost 35 cents.
But then that money was real silver.
Soon Tide Laundry Soap WILL be money.
I read one story where in Kentucky, all the folks buy canned pop with their EBT, haul it down the street and sell it for 60 cents cash on the dollar to another store who repeats the cycle.
They have been hiding it by putting less in the bag too. Have you bought a bag of chips recently? More than half the bag is air.
CWII Spark — Food, or the lack of it, could spark things. The question is if it’ll spark in time to prevent another Holodomor.
(Armies travel on their stomachs, restrict food and you restrict the effectiveness of any opposing you.)
“Soon Tide Laundry Soap WILL be money.”
Already is in some places. Probably is a better means of exchange as it at least has some utility. I guess you could use FRNs for kindling if you had to, but laundry soap will at least get your clothes clean.
Trade goods seem a good idea at this point. Booze, sugar, gas, ammo, flour, honey, cigs, etc.
Thanks for the tip.
Armed guards on food trucks. You mean like they do in Guatemala?
Si.
Aldi’s has some really good prices. This week here they have pineapples for .99 cents. Now that’s a good deal.
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