thestatedtruth.com | March 3, 2011
Guess Ben Bernanke has been looking at the wrong picture with his “inflation isn’t a problem” rant! The picture above looks pretty darn clear to us. Global food prices rose to a record in February and grain costs may continue to rise in the next several months, with only rice keeping the world from a repeat […]
Category: Charts and Graphs, Commentary, Commodities, National News, World News |
15 Comments »
Tags: Food Inflation, Food Shortages
thestatedtruth.com | February 11, 2011
Look at the chart below, who is that at the far end with the smallest food component percentage in the overall CPI….Yep, good old Uncle Sam. Here we go again, looks like the same dumb bozos that put together our budget deficits, must have designed the current CPI formula! Math 101 should be a requirement for […]
Category: Charts and Graphs, Commentary, Commodities, National News, World News |
526 Comments »
Tags: CPI, Food Inflation, inflation
thestatedtruth.com | January 14, 2011
The FAO (Food and Agriculture Organization of the United nations) said its food price index jumped 32 percent in the second half of 2010, soaring past the previous record set in 2008. Strained by rising demand and battered by bad weather, the global food supply chain is stretched to the limit, sending prices soaring and […]
Category: Commentary, Commodities, Economy, National News, World News |
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Tags: Food Inflation, Food Shortages
thestatedtruth.com | December 16, 2010
Neal Soss at Credit Suisse: We have rising prices in gasoline and food. That is worldwide. It is also the warning sign of the worst-case “nightmare scenario.â€Â It as an “eruption of headline inflation (food and gasoline) with no accompanying pick-up in wages or real growth.â€Â David R. Kotok of Cumberland Advisors: Through the December […]
Category: Commentary, Commodities, Economy, Interest Rates, Bonds, National News, News Letters, Real Estate, Wall Street, World News |
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Tags: Economic Weakening, Food Inflation