What Food Inflation?

Tyler Durden's picture




 

Oh, this food inflation.

Incidentally, the last time food prices spiked by this much in one month, the resulting Arab Spring wave of revolutions tumbled governments across north Africa and the middle east.

Keep a close eye on those who are not exactly participating in the global central bank cartel's "wealth transfer effect" , and suddenly find they can't afford food again.

Source: BLS

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Wed, 05/14/2014 - 09:19 | 4758448 ATM
ATM's picture

Shit hits the fan when people are hungry.

Wed, 05/14/2014 - 09:21 | 4758455 svayambhu108
svayambhu108's picture

Shit is scarce when people are hungry.

Wed, 05/14/2014 - 09:25 | 4758481 ilion
ilion's picture

I have only this to say about food inflation:
https://www.youtube.com/watch?v=B8Nn_FCYFSI 

Wed, 05/14/2014 - 09:34 | 4758528 zaphod42
zaphod42's picture

Now you have a better reason than Spahn and Sain to pray for rain?

Craig

Wed, 05/14/2014 - 09:59 | 4758662 HelluvaEngineer
HelluvaEngineer's picture

Isn't there supposed to be an "Operation American Spring" in a few days?  Hmmmm...

Wed, 05/14/2014 - 10:02 | 4758688 whotookmyalias
whotookmyalias's picture

My wife finally noticed that a half gallon of orange juice is not a half gallon anymore.  Just one of many hidden price increases.

Wed, 05/14/2014 - 10:15 | 4758766 Boris Alatovkrap
Boris Alatovkrap's picture

State is increase Chocolate ration from 5g per day to 20g per week. Much is happiness.

Wed, 05/14/2014 - 11:35 | 4759148 laomei
laomei's picture

But sometime chocolate is not only chocolate

Wed, 05/14/2014 - 10:16 | 4758755 Boris Alatovkrap
Boris Alatovkrap's picture

Do not defecate near high velocity rotational air pressure gradient generator.

Wed, 05/14/2014 - 11:17 | 4759049 davidalan1
davidalan1's picture

a.k.a.  he wont be de-turd (sp)

Wed, 05/14/2014 - 10:18 | 4758782 gtb
gtb's picture

Thanks for the obscure reference...brings back great memories of my father.

Wed, 05/14/2014 - 10:50 | 4758941 zaphod42
zaphod42's picture

I'm from Milwaukee and I oughtta know...

Craig

Wed, 05/14/2014 - 11:22 | 4759072 anarcholeptic
anarcholeptic's picture

I'll eat that...

Wed, 05/14/2014 - 09:32 | 4758514 FieldingMellish
FieldingMellish's picture

Defecake. The new name in snack foods. (repeated from an earlier story)

Wed, 05/14/2014 - 10:30 | 4758834 Dixie Rect
Dixie Rect's picture

Life is like a shit sandwich...The more bread you have, the less shit you have to eat.

Wed, 05/14/2014 - 11:19 | 4759056 detached.amusement
detached.amusement's picture

lol.  you eat the same amount of shit, regardless of whether it is a smaller percentage of your total intake.

Wed, 05/14/2014 - 09:21 | 4758456 Cocomaan
Cocomaan's picture

Or doesn't, as the case may be with starvation.

Wed, 05/14/2014 - 09:43 | 4758575 marchare
marchare's picture

Growing your own food is like printing your own money.

Wed, 05/14/2014 - 09:53 | 4758637 HobbyFarmer
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tax free investment!  costs some time and sweat equity....but the quality is the best.

Wed, 05/14/2014 - 10:19 | 4758786 Boris Alatovkrap
Boris Alatovkrap's picture

Boris is recommend as not to store home growing food in same refrigeration unit as home enrich radioactive isotope.

Wed, 05/14/2014 - 10:49 | 4758934 New Ordnance
New Ordnance's picture

Fukashima-Free Painted Mountain Corn Seed:

rockymountaincorn.com

Wed, 05/14/2014 - 10:50 | 4758937 New Ordnance
New Ordnance's picture

Fukashima-Free Painted Mountain Corn Seed:

rockymountaincorn.com

Wed, 05/14/2014 - 10:52 | 4758949 New Ordnance
New Ordnance's picture

Sorry for the double - fat finger.

Wed, 05/14/2014 - 11:08 | 4759007 Silver Exterior
Wed, 05/14/2014 - 09:22 | 4758463 Grande Tetons
Grande Tetons's picture

Yep. Seems to be the wake up pill for the sheep. 

What happened? Bahhhhh. 

Wed, 05/14/2014 - 10:44 | 4758901 intric8
intric8's picture

Could you spare me some of your mamas milk?

There arent as many noodles in my instant ramen as there was before. and i thought my eating predicament was bad enough as it is.

Wed, 05/14/2014 - 09:27 | 4758490 Sudden Debt
Sudden Debt's picture

well...

people go to McDonalds when they're hungry...

and than their shit hits the fan.

 

Wed, 05/14/2014 - 10:24 | 4758807 w1LE.e
w1LE.e's picture

Your body is torn through

whithered in every place

Wed, 05/14/2014 - 10:39 | 4758875 j0nx
j0nx's picture

Yeah but all these price increases are from sick animals and climate change don't you know. I'm sure that massive dollar devaluation has NOTHINGGGG to do with this at all...

Wed, 05/14/2014 - 12:09 | 4759318 El Vaquero
El Vaquero's picture

It's going to be a triple whammy here.  Much of that QE money hasn't leaked out yet, you have drought that has been and will be affecting food supplies, and expensive oil means expensive food.  We're so fucked.

Wed, 05/14/2014 - 09:20 | 4758450 diogeneslaertius
diogeneslaertius's picture

BLS = cookbook of the month club

Wed, 05/14/2014 - 09:21 | 4758453 CaptainSpaulding
CaptainSpaulding's picture

Boars head turkey. On sale for $5.99. Its all good

Wed, 05/14/2014 - 09:24 | 4758472 Bosch
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I won't eat anything else, but god damn $10/pound of turkey? My memory might be off but that has to have doubled from like $4.99/pound in the last 5 years. 

Wed, 05/14/2014 - 09:27 | 4758488 CaptainSpaulding
CaptainSpaulding's picture

Boars head products are a bit pricy, But they are good. The oven gold turkey is outstanding

Wed, 05/14/2014 - 10:02 | 4758687 dontgoforit
dontgoforit's picture

Gotta' buy the sales.  We paid $0.69/lb for whole turkeys last time we bought - got 3 and froze 2; just finished off the last one last week.  Push comes to shove, we've got game all around and our sights are zeroed.

Wed, 05/14/2014 - 10:43 | 4758907 j0nx
j0nx's picture

Yeah well that game will last about a week when SHTF. If you're lucky. I suggest reading one second after for a look at how long wild game will last and this is in a rural NC area. What wild game there is will last about 30 minutes in a suburban area when SHTF. Even squirrels will disappear overnight.

Wed, 05/14/2014 - 12:01 | 4759274 InflammatoryResponse
InflammatoryResponse's picture

j0nx,

 

yes if that book doesn't pucker you up nothing will.

 

ONE SECOND AFTER

 

that is.

 

Wed, 05/14/2014 - 12:55 | 4759543 dontgoforit
dontgoforit's picture

Haven't read it, but I've heard about it.  After the rabbits are gone, there's always slugs and grasshoppers.

Wed, 05/14/2014 - 09:22 | 4758457 FightingtheFed
FightingtheFed's picture

Inflation - Wall Streets most insidious tax!

We have to raise the minimum wage in order to help the folks says the connected...  (As long as we can preserve our margins..)

Never do they say we have to look under the hood of this diabolical, peverse, and unconstitutional institution otherwise known as the Federal Reserve...

Wed, 05/14/2014 - 09:22 | 4758462 Dr. Engali
Dr. Engali's picture

What inflation? I'm paying the same price for my 12oz bag of coffee that I paid for my 16oz bag last year. There is no inflation. More propaganda trying to make our benevolent loving government look bad. You do know everything they do is for the children don't you?

Wed, 05/14/2014 - 09:24 | 4758473 zaphod42
zaphod42's picture

"You do know everything they do is for the children don't you?"

It's part of the, "No child left, behind" program.

Craig

Wed, 05/14/2014 - 09:34 | 4758526 economics9698
economics9698's picture

rolmao

Wed, 05/14/2014 - 10:03 | 4758699 dontgoforit
dontgoforit's picture

Too true, Doc.  Those 16 oz cans are coming up 15 oz more and more - what's that, 6.25%?  Downsizing. 

Wed, 05/14/2014 - 09:24 | 4758474 Grande Tetons
Grande Tetons's picture

Even if these bullshit numbers come in at a realized annual rate of 20 plus percent....people gottah start waking the fuck up....no? 

Wed, 05/14/2014 - 09:26 | 4758484 fonzannoon
fonzannoon's picture

wkate th fuck up? Maybe. But what are they going to do about it?

Wed, 05/14/2014 - 09:28 | 4758494 Grande Tetons
Grande Tetons's picture

...apparently stumble into a ditch and take a dirt nap. 

Wed, 05/14/2014 - 09:34 | 4758521 fonzannoon
fonzannoon's picture

I am talking to our old friend from this site right now. He is considering shorting commodities here.

Without wage inflation we just keep smashing our heads into the same wall. The amazing thing to me is if the stock market manages to grind higher with the consumer eating itself alive and the fed withdrawing liquidity. I mean the earnings have exposed a lot of the rot, and no one gives a shit. Amazing.

Wed, 05/14/2014 - 09:36 | 4758542 Grande Tetons
Grande Tetons's picture

Interesting take on that short. The guy is fucking bright..I will have to give that the thought it desrves. Pass on my regards to him. 

Wed, 05/14/2014 - 09:40 | 4758558 fonzannoon
fonzannoon's picture

will do. I don't know where this goes but Iam pretty sure it is just a matter of minutes until we see a thread on here comparing gold/food prices in 2011 to gold/food prices today. I just think things are so bad now that the commodity inflation can't sustain itself without wages going up. So I tend to agree with him. Although the drought stuff may throw a curve ball to it all.

Wed, 05/14/2014 - 10:32 | 4758743 Dr. Engali
Dr. Engali's picture

There may not be wage inflation, but there is plenty of people inflation, and they all want what we have.... You know stuff like food and energy. Scarcity is a bitch. 

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