World Food Prices Increase To A Record

| 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 […]

Uncle Sam Says Read My Lips, This Doesn’t Count Toward Inflation

| 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 […]

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