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Report: Food Prices Skyrocket: “We’re Going to Have a Major Problem Coming Into the Fall”
SHTF Plan ^
| 5/14/14
| Mac Slavo
Posted on 05/14/2014 4:32:58 PM PDT by Kartographer
The Producer Price Index made available by the Bureau of Labor and Statistics this morning has now confirmed those fears. Consumers are seeing an immediate impact to their wallets in the form of food price inflation and in all likelihood the trend will continue going forward.
These latest numbers are serious. So much so that according to Zero Hedge, “the last time food prices spiked by this much in one month, the resulting Arab Spring wave of revolutions tumbled governments across north Africa and the middle east.”
(Excerpt) Read more at shtfplan.com ...
TOPICS: Chit/Chat; Food
KEYWORDS: foodprices; goldbugs; hr2847; preparedness; preppers; randsconcerntrolls; tylerdurden; tylerdurdenmyass; zerohedge
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Food it's what's for dinner, that is if you can afford it!
To: appalachian_dweller; OldPossum; DuncanWaring; VirginiaMom; CodeToad; goosie; kalee; ...
2
posted on
05/14/2014 4:33:30 PM PDT
by
Kartographer
("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
To: Kartographer
But thank God we have no inflation... lol
3
posted on
05/14/2014 4:33:30 PM PDT
by
GeronL
(Vote for Conservatives not for Republicans!)
To: GeronL
I decided to improve my family’s budget by removing mortgage and utility payments from the equation. I feel so much better now, running a surplus. Why didn’t I think of this sooner?
PS: Bank & power company are messing things up because they still expect to get paid. How uncooperative!
4
posted on
05/14/2014 4:37:29 PM PDT
by
ChildOfThe60s
((If you can remember the 60s.....you weren't really there)
To: GeronL
Necessities like electronics and sporting goods hold firm. :-)
5
posted on
05/14/2014 4:37:59 PM PDT
by
CommieCutter
("For an idea to be too simplistic, it must first be proven wrong" --Thomas Sowell)
To: Kartographer
6
posted on
05/14/2014 4:39:12 PM PDT
by
FlingWingFlyer
(Obama's smidgens are coming home to roost.)
To: Kartographer
Look for Obama to propose raising benefits to help the poor stretch their hard-earned EBT and SNAP dollars.
7
posted on
05/14/2014 4:39:25 PM PDT
by
digger48
To: ChildOfThe60s
They are violating your rights to free stuff
8
posted on
05/14/2014 4:39:47 PM PDT
by
GeronL
(Vote for Conservatives not for Republicans!)
To: Kartographer
Food inflation has already happened. Check the prices anywhere you buy food
9
posted on
05/14/2014 4:40:17 PM PDT
by
Nifster
To: Kartographer
I might have to eat my Y2K beans and rice.
10
posted on
05/14/2014 4:40:32 PM PDT
by
mountainlion
(Live well for those that did not make it back.)
To: Kartographer
Good god! Somebody call Wash DC and get the EBT amounts adjusted up!
11
posted on
05/14/2014 4:42:00 PM PDT
by
nascarnation
(Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
To: Nifster
Food inflation has already happened. Check the prices anywhere you buy food Prices are steady - the boxes are just getting smaller.
12
posted on
05/14/2014 4:42:56 PM PDT
by
Pollster1
("Shall not be infringed" is unambiguous.)
To: Nifster
Even hamburger, which not too long ago could be had for $1.00/lb is now close to $5.00. That’s 500% inflation.
To: Nifster
Beef is getting priced out of my picture. Astronomical. Haven’t had fish with scales in a year - and now shrimp is scarce. What a world. Obama must be smiling.
To: mountainlion
If you had some, but my guess is you’ll be wishing you actually had some in a year or so.
15
posted on
05/14/2014 4:43:53 PM PDT
by
Kartographer
("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
To: Kartographer
16
posted on
05/14/2014 4:43:53 PM PDT
by
Southack
(The one thing preppers need from the 1st World? http://tinyurl.com/ktfwljc .)
To: Pollster1
Bread is up, eggs are up, fruits and veggies are up, meat is up
17
posted on
05/14/2014 4:44:32 PM PDT
by
Nifster
To: Pollster1
lol
That is getting really noticeable lately
18
posted on
05/14/2014 4:44:52 PM PDT
by
GeronL
(Vote for Conservatives not for Republicans!)
To: Kartographer
But thank heavens there is no inflation! My social security increase from 2013 to 2014 is guaranteeing me that inflation is negligible! I trust our government, especially king Barack. /S
19
posted on
05/14/2014 4:45:01 PM PDT
by
entropy12
(I am sick of people who think Obama is no worse than Romney, as bad as Mitt was.)
To: Kenny500c
Eat more beans and rice. It is actually better for you than artery clogging beef.
20
posted on
05/14/2014 4:46:15 PM PDT
by
entropy12
(I am sick of people who think Obama is no worse than Romney, as bad as Mitt was.)
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