Yes, you can probably get a great discount on a vacation cruise but for the things you really want to buy the combination of lockdown disrupted supply and vast money-printing is fueling price jumps of the type we haven't seen in decades. Add beef to the explosive price gains that have also hit eggs and pork.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjzEbgfYIvT5zuz3mIkzekBaXMXXJn__j65sjY2Za1x3fqWJjZ9MAuDEziktmvpMttNG4-Lw1mhFDzr6yS8t5sW9siOlGcZfRXzAjHKIgWVNajC-XKQ9OPcqEMBuj4acrGVmdQRyg5zKyo/s640/2020-04-29_1.png) |
Via zero hedge. |
Wholesale American beef prices have hit a record high of $330.82 per 100 pounds, a 62% increase from the lows in February, according to Bloomberg.
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RW
(ht Joshua Bennett)
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