Today’s highly interesting read (05/11/21): What will you do when inflation forces homes to spend 40% of their incomes on food?

Is Headline CPI Inflation “Fake News”?

Today’s read is from Michael Snyder, author of the new book,  “Lost Prophecies Of The Future Of America.” Here’s an excerpt:

Did you know that the price of corn has risen 142 percent in the last 12 months?  Of course corn is used in hundreds of different products we buy at the grocery store, and so everyone is going to feel the pain of this price increase.  But it isn’t just the price of corn that is going crazy.  We are seeing food prices shoot up dramatically all across the industry, and experts are warning that this is just the very beginning.  So if you think that food prices are bad now, just wait, because they are going to get a whole lot worse.

Read the entire column here.

One thought on “Today’s highly interesting read (05/11/21): What will you do when inflation forces homes to spend 40% of their incomes on food?

  1. Pingback: CRT; candidates who aren’t awful; inflation; they did steal the election; and NPR | This Just In… From Franklin, WI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s