HOLLA, POOR PEOPLE!
While the U.S. government continues printing and borrowing money for bureaucratic and crony capitalist bailouts … those of us obligated to pay for all this generational theft continue to be squeezed at the margins. Take the spot price of U.S. foodstuffs – which according to a chart unearthed by Bloomberg’s Chase van der Rhoer is up 19 percent this year alone …
Grab your socks and hose and pull, people … (h/t Zero Hedge)
10 comments
Grab my hose and pull? Err…
We need government to create and spend more money. We need to prime the pump. We haven’t done enough spending yet.
Another misleading chart it does not go back far enough to see year over year. The Faux News outlets like to do that. There is no inflation concern at this time. See https://www08.wellsfargomedia.com/downloads/pdf/com/insights/economics/special-reports/InflationChartbook_02102014.pdf
Europe is actually more concerned about deflation.
Shhh!youre ruining Fits narrative here.
A chart from the bailout losers over @disqus_DiOsHmwr3H:disqus Wells Fargo…the ones that didn’t see the real estate bubble either. That’s perfect.
Here’s a year over year for you:
http://www.economicpolicyjournal.com/2014/03/what-deflation-17-years-of-creeping-cpi.html
I have no idea how “bible thumper” got html insert in my comment…ignore it please.
Damn, and just when I was getting ready to finally break down and eat something, too!
While this chart shows a 19% increase after a 12% drop. The drought in California could cause shortages of fruit, nuts and vegetables. Many farmers are cutting back on planting because their irrigation has been cut back.
Come on FITSNEWS…..!? This is something that Brian Hicks would do…!!! Dare to ask your readers to pull up a Google Earth MAP of Ukraine and look at the FARM Land..!?
Look at the OIL implications..??
NO, WIl Folks can’t do that…!!!
Does Wil FOlks get his readers to ponder how the Chicago “markets” may be up to the “libor tricks” with food commodities..!?!?
http://rt.com/business/us-hemp-ukraine-aid-437/
What is this article NOT telling Fitsnews readers….???