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What Will You Do When Inflation Forces U.S. Households To Spend 40 Percent Of Their Incomes On Food?
Economic Collapse Blog ^ | 5/5/21 | Michael Snyder

Posted on 05/06/2021 3:02:19 PM PDT by Roman_War_Criminal

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To: Roman_War_Criminal

We had to go through Carter years before we got Ronald Reagan.


21 posted on 05/06/2021 3:32:32 PM PDT by MinorityRepublican
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To: Roman_War_Criminal

Just saw a $10 ribeye get priced at $19 in my Giant grocery store today. Not sure if it was a temporary shortage or a permanent one, but did not buy any.


22 posted on 05/06/2021 3:32:44 PM PDT by Textide (Lord, grant that I may always be right, for thou knowest I am hard to turn. ~ Scotch-Irish prayer)
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To: Roman_War_Criminal

I think what is going to go up will be energy this coming winter. We have supply chain problems so grabbing food you can store up for the winter while we are in our growing season is probably a good idea. You’ll have the food when it is no longer our growing season, and if energy costs go up you will be better able to absorb the cost if you aren’t spending on food.


23 posted on 05/06/2021 3:32:46 PM PDT by BlackAdderess (The way to deal with bad ideas is to go through via critical thought, not around)
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To: EEGator
That and a cheap can of Swanson's chicken breast and maybe throw in some a can of mushrooms - DINNA IZ SERVEDA!

Maybe buy a candle from the Dollar Store and put on some Barry White music.

24 posted on 05/06/2021 3:36:31 PM PDT by Extremely Extreme Extremist (Free Republic: The Internet's 1st social media platform. Since 1996.)
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To: Roman_War_Criminal
This is just commodity inflation.

It's not restricted to food.

Everyone, in every case and circumstance, will pay the price.

25 posted on 05/06/2021 3:38:45 PM PDT by Mariner (War Criminal #18)
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To: flamberge

Property taxes are a killer!!

I think many people will cut out so-called junk food and rely more on vegetables and fruit, and maybe chicken. Then again, what is healthiest tends to be more expensive.

OR.....McD’s will be much cheaper for families and that’s where they’ll end up.


26 posted on 05/06/2021 3:39:06 PM PDT by hsmomx3
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To: EEGator

That ramen noodle soup went from $1.94 to $2.27 for 12 about five months ago.

What is the price on 24 in your town?


27 posted on 05/06/2021 3:40:34 PM PDT by Brian Griffin
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To: DoodleBob

Dude.

Your post #15 is one of the best I’ve seen around here in a long time.


28 posted on 05/06/2021 3:42:43 PM PDT by Mariner (War Criminal #18)
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To: Brian Griffin

I’m not sure at the store, but $3.72 on Amazon.
I’m going to the store in an hour, I’ll let you know.


29 posted on 05/06/2021 3:42:56 PM PDT by EEGator
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To: Roman_War_Criminal

There is very little food inflation in my area.

Chinese manufactured goods are up about 10%.

Housing stuff is up much, much more.


30 posted on 05/06/2021 3:43:08 PM PDT by Brian Griffin
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To: Roman_War_Criminal

Eat more rice and beans...laid aside a bunch...


31 posted on 05/06/2021 3:44:22 PM PDT by Adder ("Can you be more stupid?" is a question, not a challenge.)
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To: Anti-Bubba182

“If food gets that high the government will have to pay it or face civil war.”

There is no such thing as government money when it is circling the toilet.

Make your own way.


32 posted on 05/06/2021 3:44:56 PM PDT by Mariner (War Criminal #18)
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To: Roman_War_Criminal

Coral Gables, FL house 1956 - $42,500
same house 2021 - $2,400,000


33 posted on 05/06/2021 3:46:11 PM PDT by Brian Griffin
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To: DoodleBob

This guy has predicting mega doom forever. Its really deceitful and dishonest.


34 posted on 05/06/2021 3:46:59 PM PDT by BiglyCommentary
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To: Roman_War_Criminal

There is a mid-1970’s “Columbo” episode that had a man paying $73/month for a room in Los Angeles.


35 posted on 05/06/2021 3:48:00 PM PDT by Brian Griffin
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To: Anti-Bubba182

“If food gets that high the government will have to pay it or face civil war.”

A few years back the Argentine government put a payable in-kind tax on Argentine farm output.


36 posted on 05/06/2021 3:50:41 PM PDT by Brian Griffin
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To: EEGator

Chemical prices going way up, too. Ramen = no answer!


37 posted on 05/06/2021 3:51:58 PM PDT by Attention Surplus Disorder (Apoplectic is where we want them)
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To: Roman_War_Criminal

“What Will You Do When Inflation Forces U.S. Households To Spend 40 Percent Of Their Incomes On Food?”

Complain like a Lebanese citizen.


38 posted on 05/06/2021 3:53:38 PM PDT by Brian Griffin
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To: DEPcom

Also, there are plenty of deer, turkey, rabbits, and pigs in the woods on the other side of the river.

They will not last long when 100’s of people are hunting them every day. Depression wiped out whole states of deer 90 years ago


39 posted on 05/06/2021 3:54:19 PM PDT by Paperpusher
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To: farmguy
"Do you begrudge paying for the special educational needs of all those poor illegal -er I mean- destitute children (and their folks) that are coming across the border because America needs them? /s"

My blue state county spends over 60% of our ridiculous property taxes on social services. We are done. Selling our house before the next increase.

40 posted on 05/06/2021 3:58:41 PM PDT by NoExpectations
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