Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Loaf of wheat bread may soon cost $23 due to skyrocketing food price inflation.
Natural News ^ | November 7th, 2010

Posted on 11/08/2010 8:34:20 AM PST by TaraP

(NaturalNews) Within a decade, a loaf of wheat bread may cost $23 in a grocery store in the United States, and a 32-oz package of sugar might run $62.

A 64-oz container of Minute Maid Orange Juice, meanwhile, could set you back $45.71. This is all according to a new report released Friday by the National Inflation Association which warns consumers about the coming wave of food price inflation that's about to strike the western world.

"For every economic problem the U.S. government tries to solve, it always creates two or three much larger catastrophes in the process," said Adams. "Just like we predicted this past December, the U.S. dollar index bounced in early 2010 and has been in free-fall ever since. Bernanke's QE2 will likely accelerate this free-fall into a complete U.S. dollar rout."

The upshot of a falling dollar will mean rampant price inflation on the basic goods and services that Americans depend on to survive. Food in particular is likely to be hit hard by price inflation within the decade.

The National Inflation Association has released its food price projections in a free downloadable PDF file here: http://inflation.us/foodpriceprojec...

It offers statements like this: "NIA is confident that the upcoming monetization of our debt will send nearly all agricultural commodities soaring to new all time inflation adjusted highs."

The Federal Reserve, of course, is currently engaged in the most massive money counterfeiting operation the world has ever witnessed. And it seems determined to keep printing money until all the dollars the rest of us hold are near-worthless.

Even the UN sees rising food prices It's not just the NIA that sees a future with much higher food prices, by the way: Both the Organization for Economic Co-operation and Development as well as the U.N. Food and Agriculture Organization also predict rising food prices (although not to the same prices as the NIA).

This is based on the trend of rising energy prices which directly translate into higher costs for farming, harvesting, transporting and processing foods. (Many of those predictions have already come true, by the way!)

Make no mistake: Food prices are on the rise. And with the Fed watering down the dollar thanks to its insane money counterfeiting policies, the U.S. is headed into a price inflation / dollar deflation scenario that mean you will have to spent a lot more dollars to buy the same food in 2015 as you did in 2010. (If the dollar even exists in 2015, that is...)

What does this all mean to you and me? As the spring comes back in a few months, it might be a good time to start thinking about growing a little garden for yourself. We'll be covering this story in much more detail in the spring, including details on where to get heirloom seeds, how to practice "preparedness" gardening (or "gardening when it counts") and other similar topics.

In the mean time, stay tuned to NaturalNews for tips and strategies on how to do more with less in uncertain times.


TOPICS: Business/Economy; Culture/Society; Front Page News; Miscellaneous; News/Current Events
KEYWORDS: bread; economy; food; gardening; georgesoros; gold; inflation; malthusians; ntsa; paulehrlich; preppers; survival; survivalist; thepopulationbomb
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-87 next last
To: Leftism is Mentally Deranged

bttt


61 posted on 11/08/2010 10:02:25 AM PST by ConservativeMan55
[ Post Reply | Private Reply | To 50 | View Replies]

To: TaraP
Photobucket

Just the thing for garden pests.
62 posted on 11/08/2010 10:05:54 AM PST by PowderMonkey (WILL WORK FOR AMMO)
[ Post Reply | Private Reply | To 40 | View Replies]

To: thethirddegree
What a crock.

QE2 The Last Gasp of a Monetary System: A Message to the World
63 posted on 11/08/2010 10:07:49 AM PST by PA Engineer (Liberate America from the occupation media. There are Wars and Rumors of War.)
[ Post Reply | Private Reply | To 59 | View Replies]

To: Leftism is Mentally Deranged

bttt


64 posted on 11/08/2010 10:08:53 AM PST by ConservativeMan55
[ Post Reply | Private Reply | To 50 | View Replies]

To: PowderMonkey
Here is a poor man's claymore. Click on the picture. Get your deer while you sleep. ;-)


65 posted on 11/08/2010 10:12:25 AM PST by PA Engineer (Liberate America from the occupation media. There are Wars and Rumors of War.)
[ Post Reply | Private Reply | To 62 | View Replies]

To: TaraP

Social Security should have some really good COLA increases than. /sarc.


66 posted on 11/08/2010 10:15:15 AM PST by napscoordinator
[ Post Reply | Private Reply | To 1 | View Replies]

To: Psalm 73
when the collapse comes you'll be free to fire away

Great point!

67 posted on 11/08/2010 10:49:43 AM PST by Right Wing Assault (The Obama magic is <strike>fading</strike>gone.)
[ Post Reply | Private Reply | To 52 | View Replies]

To: TaraP
Put a wire fence around?

I'm working on it. Lots of chores to do and that is on the list. I'm limited to 6 feet, which does the job unless the deer are determined. I'll probably go with wood since they are less likely to jump if they can't see what's on the other side (such as a giant pricker bush), or so I've been told.

I've seen video of them easily clearing 8 feet when running. I also read that some forest service folks have seen them clear 12 feet.

68 posted on 11/08/2010 10:56:58 AM PST by Right Wing Assault (The Obama magic is <strike>fading</strike>gone.)
[ Post Reply | Private Reply | To 40 | View Replies]

To: Right Wing Assault

In our little town we have three new dollar stores. Bought loaf of whole wheat bread for one dollar. How soon will they change there names to the 24 dollar or more store.


69 posted on 11/08/2010 3:13:35 PM PST by drdemars (Each moment new)
[ Post Reply | Private Reply | To 68 | View Replies]

To: Psalm 73

heheheh...’storage on the hoof’...


70 posted on 11/08/2010 6:58:20 PM PST by Gilbo_3 (Gov is not reason; not eloquent; its force.Like fire,a dangerous servant & master. George Washington)
[ Post Reply | Private Reply | To 52 | View Replies]

To: PA Engineer

cool site...


71 posted on 11/08/2010 7:05:25 PM PST by Gilbo_3 (Gov is not reason; not eloquent; its force.Like fire,a dangerous servant & master. George Washington)
[ Post Reply | Private Reply | To 65 | View Replies]

To: TaraP

Wow


72 posted on 11/08/2010 7:06:42 PM PST by stockpirate ("......When the government fears the people you have liberty." Thomas Jefferson)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TaraP

Wow


73 posted on 11/08/2010 7:06:45 PM PST by stockpirate ("......When the government fears the people you have liberty." Thomas Jefferson)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Peter from Rutland

How stupid are you?


74 posted on 11/08/2010 7:12:51 PM PST by bmwcyle (It is Satan's fault)
[ Post Reply | Private Reply | To 24 | View Replies]

To: netmilsmom

A water well is good, but the EPA forbids harvesting THEIR rainwater. No joke.


75 posted on 11/08/2010 7:20:03 PM PST by charlie72
[ Post Reply | Private Reply | To 23 | View Replies]

To: charlie72

Seriously?
I have two rainbarrels. I’ve been harvesting for years.


76 posted on 11/08/2010 7:29:57 PM PST by netmilsmom (Happiness is a choice.)
[ Post Reply | Private Reply | To 75 | View Replies]

To: concerned about politics; CynicalBear
learn how to grow a garden in pots
learn to find edible wild plants and how to trap


You two little scamps are adorable.
77 posted on 11/09/2010 1:46:39 AM PST by aNYCguy
[ Post Reply | Private Reply | To 51 | View Replies]

To: sionnsar

Zimbabwe is indeed the model. It’s all part of Obama’s plan for putting the United States in its place for daring to be successful. Instead this country will be turned into a fourth world dump.


78 posted on 11/09/2010 5:27:27 AM PST by Fred Hayek (FUBO! I salute you with the soles of my shoes.)
[ Post Reply | Private Reply | To 19 | View Replies]

To: TaraP
Stupid assumptions and article. How many loaves of bread will be sold for $23? Not many. The bakeries will be closed and more people will lose jobs meaning even less $23/loaf bread being sold. Supply(price) and demand.
79 posted on 11/09/2010 5:30:24 AM PST by mad_as_he$$ (Playing by the rules only works if both sides do it!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TaraP
Within a decade, a loaf of wheat bread may cost $23 in a grocery store in the United States, and a 32-oz package of sugar might run $62. A 64-oz container of Minute Maid Orange Juice, meanwhile, could set you back $45.71.

These claims are too over-the-top. An article projecting OJ at $11.00 a carton or bread at $5.50 would be a lot more scary.

80 posted on 11/09/2010 5:36:10 AM PST by Sloth (Civil disobedience? I'm afraid only the uncivil kind is going to cut it this time.)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-87 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson