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Beef, Pork, Shrimp, Eggs, And Now Orange Juice
Yesterday we reminded those who fear the dreadful deflation ogre and its extreme monetary policy supporting fantasy that food inflation was in fact soaring. Of course, for those that do not eat Beef, Pork, Eggs, or Shrimp - everything's fine... except today we add yet another 'staple' to the extreme inflationary dilution of the average consumer's pocketbook... orange juice!
- *ORANGE-JUICE FUTURES RISE AS MUCH AS 1.5% TO TWO-YEAR HIGH
Charts: Bloomberg
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It's those darned Duke brothers.
'Essence of Orange' Juice* is still $1.99 gallon.
Purple Drank still cheap, too.
Hedonically adjust yo consumption, hitches!
*Contains 0% fruit juice by volume.
Just wait till sugar ramps ;)
fonestar recommends getting into some orange juice and Bitcoin now to protect your wealth.
Silly Tylers..... Its the weather. Sheesh
No shelter here
AD
100% natural dandelion greens (high in vitamin C, 32% RDA per cup) have been substituted for orange juice on the CPI.
Available at vacant lots and foreclosed homes everywhere.
Silly Tylers..... Its the weather. Sheesh
Heh. Brian Williams & nbc news was all over "it's the weather's fault" meme. Complete with the visual of cowboy boots walking over dried out dirt.
BTC is the Sunny D of 'currencies'.
Bitcoin = the essence of currency
The sky is falling! (what about coffee and peanut butter?)
NY Times: Fake Meats, Finally, Taste Like Chicken
http://www.nytimes.com/2014/04/03/business/meat-alternatives-on-the-plat...
Works on the other end too. Organic foods are not seeing price increases. And my locally sourced free range beef is the same price as last year. Don't eat food commodities, eat real food.
Shrimp is ok, the rest of that stuff is crap anyway. Stop eating it, you'll feel better. Beef, pork, chickens (eggs) have hormones and antibiotics, not to mention the fat and cholesteral. 90% of grocery items are not fit for human consumption. Cut your budget and your calories by growing your own (if possible) or eating fresh-no canned bullshit. I lost 90 pounds without dieting-just cutting out the above.
Just make sure you know where the shrimp comes from. A lot is farm raised in China.
I feel bad using it for bait.
pods
Tidefighter...just know where your food comes from and support local farmers. Just got y bulk box of organic oranges and grapefruit today. Will be busy canning again. :-) Plus my hens are fed organic feed and give me some awesome eggs.
Nutrition supplied by...
As bad as the tuna aka escolar story! Have a trip scheduled to go the coast to pickup local fish to ensure what the hell I am actually getting. I try to avoid local grocery stores since you do not know what the hell it really is.
If one wants to feel better, cut out sugar. Then, cut carbs by half or more. Replace with any animal fat and protein. Sugar and carbs are the real killers.
Sell, Mortimer, Sell!
Probably the best movie if you're interested in Jamie Lee Curtis' assets.
long FCOJ
Long Top Ramen!
And Tampico. Don't particularly recommend ingesting either.
Tropicana 50 – ½ juice ½ water, same price – problem solved.
Take 1 gallon of whole milk, add 1 gallon of water, you have 2%.
Wash your hair with shampoo. Don't repeat.
Take 1/2 of your food on your restaurant plate and take it home.
Don't buy The Ultimate Driving Machine when 55 mph is the ultimate maximum.
Forget the rip-off movie theatres-you can get the same movie the next day if you know where to look.
Stop drinking diet drinks-they cause pancreatic cancer faster than any other substance.
Enough?
I thought you were kidding. You're not. Oh dear.
I'm setting up a healthy lemonade stand.
Using industry secrets, I'll sell lemonade with 50% less calories and sugar.
The limeade industry is hurting bad (don't dare look at the price of limes).
Too late. Something like 4x the cost of a lemon around here.
Don't buy it anymore. OJ has a statistical relationship to the early onset of diabetes in women. Also recent lobbying by chemical companies permit the manufacturers to use more actual poison in their "flavor packs" which are used to make reconstituted boiled sludge taste like Denny's.
Your only remaining vote is your wallet.
Yes that fresh Orange Juice at the market is indeed ""flavor packs" which are used to make reconstituted boiled sludge" Why does that stuff always taste exactly the same anyhow?
Is it safe to assume you squeeze this from an actual orange or buy the corporate industrial garbage?
So the most expensive meal will soon be a super sized Mc Bacon with Orange Juice.
Just kidding, those artificial taste makers will stay cheap.
We have already reached a tipping point when the "extra value" meal at your local burger joint costs over $10... Yep, you read it right...
Soylent Green a big meat market hit!
Yeah, but it's a little stringy and chewy as hell...
Anita Bryant is likely to be quite upset at this news.
"Finally, the FOMC is well aware that inflation could also threaten to rise substantially above 2 percent. At present, I rate the chances of this happening as significantly below the chances of inflation persisting below 2 percent"
And despite this, sales at grocery stores were up a mere one percent last quarter. Discounting for inflation, that tells you that grocery sales are either flat or declining. In any sort of recovery you would think people would splurge a little bit on their grocery bill. There is no growth.
It's ALMOST cheaper to eat out now then it is to buy groceries. Restaurants here in LA are packed and new ones opening up everywhere. Hamburgers, hotdogs and pink slime galore.
The prices are nearly the same. I end up paying just a few dollars more to have someone else cook it. That's because the restaurants here don't take Food Stamps. Everytime I see the freezer section, at the supermarket, I see an EBT sign nearby. Those frozen dinners cost as much as a restaurant meal!
The fact that grocery sales are down and that obesity rates are declining tells me people are simply eating less. (The government is trying to dress this up as "eating healthier" instead of "people are on the path to starvation, even with EBT.")
Just drink Tang.
I prefer to eat it.
+1 for poon
Limes are off the charts..so if you are a Margirita drinker ..you are going to pay double...
Just got a dwarf key lime tree. Gonna plant it in the back yard and hope it takes. Corona Light with a slice of lime......
Got a dwarf lemon tree that gives tons of lemons and a dwarf apple tree that yields some tasty small apples....
Or daiquiri.
$17 T in US Treasury debt
$5 T intra-gov holdings
$12.6 T Public debt
FED ($2.3) Foreigner ($5.9T) Domestic ($4.4 non-Fed)
Bills $1.65 T $0 $600 B $1 T
Notes $8 T $1.6 T $4.5 T $2.1 T
Bonds $1.45 T $600 B $400 B $450 B
TIPS $1 T $95 B $400 B $500 B
And no one had to sell anything to raise the cash to buy record low yields in sovereign debt worldwide, RECORD Equity valuations, Record RE valuations, and now Record commodity valuations...Almost like there is just more and more and moar money floating around...something like hyer-monetization
See if we have any corresponding charts in record low yields in Japan, Spain, Italy, Greece (hmmm)...as these countries no longer offer an arb and all sovereign debts are/will coalescing somewhere around 2-2.25%...where o where will actual "investors" go as yields all collapse worldwide???
And corporations borrow Trillions in nearly free money to buy their own stock...reducing float faster than new issuance...and faster and faster.
ZIRP by neccessity and Hyper-monetization will lead to the greatest and final bubble within this structure...before something totally new will be required. Spread has already been reduced from over 700 bp's to 250 bp's from Spain to Japan...and since Japan can't go up, everyone else will keep going down to close that spread...and down and down and down.
Keep up the good work, Ham-bone. Your message, which is consistently well-expressed, can't be shouted too often.
i love high pulp 100% pure oj
And thats another damned thing.
Know why .gov loves inflation (basically the value destruction of your labor)?
Moar tax revenue.
Think about it, go in and sit down at a restaurant and order a 16oz steak, priced at twelve bucks. At a 10% tax (to make it easy) the tax is a buck twenty. Now say, because of the destruction of the currency (inflation) it goes to fourteen bucks for the very same 16oz steak.
Thats a buck forty in taxes isn't it?
The weight of the steak never changed allowing for a higher price and the TAX RATE never changed either so they can honestly say "we have not raised your taxes."
But they extracted moar tax revenue from the shell game of politics combined with Fed debt-based banking didn't they?
Or, as my parents did, buy a few acres in the country hoping to get out of the big city and retire to a peaceful place some day. 30 years later my mom's cancer destroys that dream and they decide to sell the land to pay bills. Price has gone up appreciably from when they bought, with zero improvements done to the land. Selling price less purchase price = profit in the eyes of big gov. Profit times marginal tax rate = much needed cash out of my parents' pockets. Greater demand for land in that area was hardly a factor
But the tax dollars they collect are just as inflated as the ones you spent... so they're not coming out ahead.
Where inflation does benefit tax revs is when it moves people into higher tax brackets and triggers the AMT.
Ahh.. FROZEN CONCENTRATED ORANGE JUICE.... I heard the Dukes were trying to corner the market.
http://www.popmodal.com/video/1277/Trading-Places-Final-Exchange-Scene-amp-Explanation
Bananas are next.
Bananas are now, Im paying almost half a bernake buck for one freaking banana, and bananas grow here where Im at.
Grow wild here but the dam insects will eat you up trying to get to them.
It is getting expensive to be a fat GMO fed american.
My quarterly bacon order from the farmer was up 9% in just 6 months. At least I'm now long 30lbs of bacon in the freezer.
Just checked an invoice from a year ago - up 14.5%.
Are you getting the nitrite and nitrate free...my local pork producer is charging $10 a pound free of chemicals and the pigs are fed organic feed.
Pork bellies...which are used to make bacon...which you might find in a bacon, lettuce and tomato sandwich.
Beeks! Where is Beeks!
Better known today as a "jam sandwich". Do I have to explain?
Let them eat cake! Now all we need is an affordable cake act.
Eat bugs, they're cheap and good protein. You can find them in the rich elite's garbage.
I guess the Duke brothers got the wrong crop report.
#TradingPlaces
Oh wait. My bad. it's the weather.
Since you mentioned it...
California Drought/Polar Vortex Jet Stream Pattern Linked to Global Warming
Summarized very nicely here:
http://www.wunderground.com/blog/JeffMasters/comment.html?entrynum=2665
Here is the original paper (paywalled)
http://onlinelibrary.wiley.com/doi/10.1002/2014GL059748/abstract
Those with EBT cards will not be effected, only wage earners and they are now in the minority and can easily be ignored and cursed for being selfish and greedy. obama and his supporters in the legislatures just say suck on this. The white house menu is nothing like the school lunch program they have been pushing.
..