Wednesday, August 10, 2022

Headline Today on Marketwatch -- Grocery Inflation Getting Worse!

 

Unfortunately, although overall inflation was down modestly last month, grocery inflation is only getting WORSE! Despite this, stocks skyrocketed more than 500 points today!

Saturday, May 8, 2021

Food Hyperinflation Is Now Coupled With Dollar Devastation

 Unfortunately, we are seeing the soon arrival of both food price hyperinflation coupled with the destruction of the value of the US dollar, as depicted in these two charts. The first depicts the devaluation of the US Dollar over the past several weeks, and the second chart shows the latest update of the price of corn and other food commodities. 




Tuesday, May 4, 2021

Food Prices Continue to Skyrocket!

 This is today's chart showing the price of food commodities! 



Friday, April 23, 2021

Inflation and Food Costs Go Even Higher

 Yesterday, the price of corn futures rose limit up. "Limit up" is the most any commodity is allowed to move in a single day. But today, after moving modestly lower overnight, the price of corn (and other food commodities) rose and closed even higher.