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If This Keeps Up, They Will Have To Start Putting Armed Guards On Food Trucks
TEC ^ | 7-16-2014 | Michael Snyder

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 ...


TOPICS: News/Current Events
KEYWORDS: economy; food; inflation; prices
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1 posted on 07/16/2014 5:24:55 PM PDT by blam
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To: blam
Posted back in May:

U.S. Food Inflation Running At 22%

2 posted on 07/16/2014 5:26:39 PM PDT by blam
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To: blam

If you have an Aldi store where you live take a look.


3 posted on 07/16/2014 5:26:44 PM PDT by 2ndDivisionVet (The most dangerous man to any government is the man who is able to think things out for himself.)
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To: blam

Food inflation: big problem severely under-reported by MSM.


4 posted on 07/16/2014 5:28:31 PM PDT by nascarnation (Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
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To: Kartographer; OneWingedShark

Something to think about. Similar scenarios have been discussed before in various ‘alternative’ literature.


5 posted on 07/16/2014 5:29:09 PM PDT by The Working Man
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To: nascarnation
Click here for the articles posted on FR about food inflation. There are many.
6 posted on 07/16/2014 5:30:19 PM PDT by blam
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To: blam

Just imagine how much more it would be if Hershey didn’t move factories to CHINA!?


7 posted on 07/16/2014 5:31:59 PM PDT by Captainpaintball (Immigration without assimilation is the death of a nation)
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To: blam
I thought an el nino was coming to 'fix' this drought problem?

20 Signs The Epic Drought In The Western United States Is Starting To Become Apocalyptic


8 posted on 07/16/2014 5:38:10 PM PDT by blam
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To: blam

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.


9 posted on 07/16/2014 5:40:51 PM PDT by eyeamok
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To: blam

All our utilities went up this last month. Gas is up. Our paycheck is down due to insurance hikes.


10 posted on 07/16/2014 5:41:57 PM PDT by bgill
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To: blam

Armed guards on food trucks. You mean like they do in Guatemala?


11 posted on 07/16/2014 5:42:35 PM PDT by TADSLOS (The Event Horizon has come and gone. Buckle up and hang on.)
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To: blam

*** 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.


12 posted on 07/16/2014 5:50:09 PM PDT by Ruy Dias de Bivar (Sometimes you need more than seven rounds, Much more.)
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To: blam; RKBA Democrat
Ping!

Soon Tide Laundry Soap WILL be money.

13 posted on 07/16/2014 5:51:59 PM PDT by KC_Lion (Build the America you want to live in at your address, and keep looking up.- Sarah Palin)
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To: KC_Lion

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.


14 posted on 07/16/2014 5:53:38 PM PDT by nascarnation (Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
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To: blam

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.


15 posted on 07/16/2014 5:54:10 PM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: yorkiemom; null and void; laplata; Gluteus Maximus; Salvavida; Foundahardheadedwoman; baddog 219; ..

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.)


16 posted on 07/16/2014 5:58:13 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: KC_Lion

“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.


17 posted on 07/16/2014 6:04:05 PM PDT by RKBA Democrat (Be a part of the American freedom migration: freestateproject.org)
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To: 2ndDivisionVet

Thanks for the tip.


18 posted on 07/16/2014 6:07:32 PM PDT by laplata (Liberals don't get it .... their minds are diseased.)
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To: TADSLOS

Armed guards on food trucks. You mean like they do in Guatemala?


Si.


19 posted on 07/16/2014 6:09:47 PM PDT by laplata (Liberals don't get it .... their minds are diseased.)
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To: 2ndDivisionVet

Aldi’s has some really good prices. This week here they have pineapples for .99 cents. Now that’s a good deal.


20 posted on 07/16/2014 6:13:31 PM PDT by Georgia Girl 2 (The only purpose o f a pistol is to fight your way back to the rifle you should never have dropped.)
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