tag:blogger.com,1999:blog-3758330678390419129.post7283120330037680014..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: US Food Inflation Running at 22%Robert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3758330678390419129.post-66708406731843980462014-05-29T20:37:15.861-04:002014-05-29T20:37:15.861-04:00Damn true anon. Damn true.
The US will riot when...Damn true anon. Damn true. <br /><br />The US will riot when the EBT cards quit working. It will be scary. RDF2https://www.blogger.com/profile/14340534647561133098noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-30563235262175501952014-05-29T18:54:28.834-04:002014-05-29T18:54:28.834-04:00Ha, will be funny when Obama puts wage-price contr...Ha, will be funny when Obama puts wage-price controls on food. Better add in gasoline too, as over 4 bucks/gal. many places now.<br /><br />I raise another point, what is the impact of the expanded EBT card (SNAP) program on food prices? If more govt. funny money is chasing food items (and who knows what else), would that not also add to higher prices? And just think, the non-EBT card users Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-15564862004386852702014-05-29T17:03:09.366-04:002014-05-29T17:03:09.366-04:00On August 15, 1971, President Richard M. Nixon ann...On August 15, 1971, President Richard M. Nixon announced that the United States was abandoning the gold standard and imposed a 90-day freeze on prices and wages.<br />.<br />What can the FED and Obama abandon this time?JT out of Barrownoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-87826916504671392592014-05-29T16:44:45.790-04:002014-05-29T16:44:45.790-04:00That jibes with my grocery bills. Milk is nearly $...That jibes with my grocery bills. Milk is nearly $5/gal and bread is almost $2. Bananas, Romaine, Cheese, bell pepper, broccoli, beef, pork--- all are WAY up over the last year. RDF2https://www.blogger.com/profile/14340534647561133098noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-71741693005833291012014-05-29T16:17:16.884-04:002014-05-29T16:17:16.884-04:00So we have: Industrial metal prices, precious m...So we have: Industrial metal prices, precious metals, lumber, corn, Euro are all weak.<br /><br /> Oil is flat. US government bond prices are almost unchanged since late 2011.<br /> <br /> Coastal real estate, DC, NYC, SF real estate, stock indicies, junk debt are all strong. .<br /><br />The Fed printed a lot of money, and it looks likestevehttps://www.blogger.com/profile/04254728148882930531noreply@blogger.com