Food Prices Soar

Discussion in 'Financial Cents' started by Yard Dart, Feb 17, 2014.


  1. Yard Dart

    Yard Dart Vigilant Monkey..... Moderator Site Supporter++

    <embed src="CBS News - Breaking News, U.S., World, Business, Entertainment & Video
    Food prices soar as incomes stand still - CBS News

    "bacon has skyrocketed up 22.8 percent" aahhhggggg...:(

    It is interesting to see this article come out of the lamestream media..... guess they figured it was Bush's fault and so the could talk about it a little bit.

    But seriously, many people are being hurt by these price increases.... and nothing is going to change anytime soon.... if not just get worse for everyone.
     
    Last edited by a moderator: Feb 17, 2014
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  2. Dont

    Dont Just another old gray Jarhead Monkey Site Supporter

    Think what it would be like after an increase in min. wage??
     
  3. Falcon15

    Falcon15 Falco Peregrinus

    It is almost that time...

    6 Signs That 2014 Will Be The Year Of The Super Crash | Gold Silver Worlds

    Red Flags To Watch For

    1) Interest rates on US Treasuries go up steeply, and/or suddenly

    The definition of ‘defaulting’ on it’s debt means the U.S. Government isn’t able to pay the interest on the almost $17.5 trillion it owes. Currently interest rates are at all-time lows…but, as interest rates rise, and they will, the interest expense will get bigger – and this will be very difficult for a Government that is already deficit spending way beyond its means.

    You want to keep an eye on the current rates on Treasuries for two reasons:

    Increasing rates will require a debt laden Government to borrow more and will accelerate inflation and the date of collapse. This is a 6-12 month red flag. As of today, rates are slowly rising although they are still very low.

    A sudden and sustained spike in the interest rates indicates that there are fewer buyers of US debt. Without the ability to borrow more money or rollover the existing debt the US Government will have to shut down or do desperate things like stealing from retirement plans or citizens bank accounts. When, this happens get your money out of the banks or markets immediately. This is a very severe red flag indicating only weeks before major financial crisis and economic collapse.

    2) Price of oil goes above $120/barrel

    Essentially everything on this planet depends on oil; food, transportation, heating & cooling, and basically every consumer item you can think of. The world economy cannot sustain high prices of oil without collapsing. We saw that very clearly in 2008 when the price of oil hit a high of $146/barrel in June, and by September of that year we were in a full blown financial crisis…

    If the price of light sweet crude oil rises to, and stays above $120/barrel, then you have very little time before a major financial crisis unfolds. The financial crisis of 2008 was ‘solved’ by atrocious US Government spending of more than a trillion dollars/year. That particular solution won’t be available to use in the next crisis. Does ‘the powers that be’ have another card up their sleeve for the next financial crisis? I don’t know, but I assume the answer is “no”.
     
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  4. Dont

    Dont Just another old gray Jarhead Monkey Site Supporter

    Enough said!!!
     

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  5. VHestin

    VHestin Farm Chick

    Her mentioning apples reminds me of a 'conversation' my mother had with a nutritionist once years ago. Mom was trying to explain reality to her, that if you only have 50cents, and an apple is a dollar and Little Debbie's is 25cents, what are you supposed to do? Of course the nutritionist just did her impression of a broken record, just kept saying that you're supposed to get the apple. The reality of not having the money for an apple was beyond her apparently.

    I plan to grow as much of my own food as possible this year. Even broached the possibility to some friends about whether they'd be willing to raise and slaughter some turkeys for us this year if we paid for the turkeys(they already do that for themselves). Mom has a thing about not eating anything she's seen alive, so since the friends are miles away, she wouldn't see them.
     
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  6. swampbilly

    swampbilly Gone Galt

    Folks better get serious about survival gardening, and I'm not talking about a few tomatoes and peppers.

    If you are able to, but not raising your own meat, shame on ya.

    Lots of folks are behind the power curve, shame on them.
     
  7. nathan

    nathan Monkey+++

    I think a lot of folks do what they can, but don't have a place to raise their own food, I garden where I can, and count on hunting and fishing for some of my foods
     
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  8. swampbilly

    swampbilly Gone Galt

    That's why I specified: If you are able to, but not raising your own meat, shame on ya.

    Lot of folks counting on hunting and fishing, I submit that you have an alternative plan.
     
  9. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    tell me about it. With 4 adults and 2 teenagers in the house.
    My monthly grocery bill now exceeds my mortgage payment and it's been rising every month.
    I don't see an end in sight.
    I'm just waiting for that minimum wage to kick in. That ought to put my grocery bill equaling all my other bills combined.
     
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  10. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    My favorite FED statement recently was (paraphrased) :
    We are disappointed that inflation is below our target rate.

    I read that as:
    We are disappointed that the rate at which we are stealing from you is not fast enough for our liking.
     
  11. oldawg

    oldawg Monkey+++

    If you want to know how dumb the average sheep is ask them if the goobs stated inflation rate is an accurate assessment of the real world. Heck, most of them only know if beer went up.
     
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  12. Yard Dart

    Yard Dart Vigilant Monkey..... Moderator Site Supporter++

    [​IMG]
     
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  13. Minuteman

    Minuteman Chaplain Moderator Founding Member

    This recent newsletter I received made me think of this thread.


    [​IMG]
    February 19, 2014

    Sovereign Valley Farm, Chile

    It's pretty ironic that I have two visitors right now in my home-- one from Ukraine and the other from Thailand.

    Both of their countries are in the midst of chaotic turmoil right now, characterized by riots and violent clashes between protestors and police.

    It reminds me of the old quote from Louis XVI upon being informed in 1789 that the French people had stormed the Bastille. The King asked, "Is it a revolt?"

    "No, sire," the duke replied, "It is a revolution."

    People in both of these countries have reached their breaking points. In Ukraine especially, economic conditions have deteriorated in almost spectacular form.

    History is packed with examples of how people rise up in the streets whenever economic conditions deteriorate.

    The French Revolution in 1789 is one famous example; the French people finally reached their breaking points after nearly starving to death.

    The 2011 Egyptian Revolution and entire Arab Spring movement is a similar example.

    In fact, a 2011 study from the New England Complex Systems Institute showed a clear statistical correlation between social unrest and (specifically) food prices. The higher food prices get, the greater the chances of riots and revolution.

    This is not a condition exclusive to the developing world; it is a fundamental human trait to provide for one's family.

    And while human beings will take a lot of crap from their governments-- stupid regulations, higher taxes, erosion of freedom, and even inflation-- the moment that a man is no longer able to put food on the table for his family, revolution foments.

    Europe and the US are not immune to this. And with deteriorating wealth gaps, 50%+ youth unemployment, unchecked government power, and a system that disproportionately favors the elite, the conditions are ripe.

    The main difference is that Westerners have been brainwashed into believing that the civilized people voice their grievances in a voting booth rather than doing battle in the streets.

    It's a false premise. Unfortunately, so is violent revolution.

    As my dictionary so perfectly defines, "revolution" has two meanings.

    First, it can denote an overthrow of a sitting government, whether violent or 'bloodless'.

    But in celestial terms, 'revolution' denotes a complete orbit around a fixed axis. In other words, after one revolution, you end up right back where you started.

    So whether violent or non-violent, or whether in a voting booth or on the streets, revolutions put a country right back where it started.

    In the French revolution, people traded an absolute monarch in Louis the XVI for a genocidal dictator in Robespierre for a military dictator in Napoleon.

    In 1917, the Russians traded Tsarist autocracy for Communist autocracy.

    In 2011, Egyptians traded Hosni Mubarak for Mohamad Hussein Tantawi (who subsequently suspended the Constitution), for Mohamed Morsi (who as President awarded himself unlimited powers), for yet another coup d'etat.

    All of this is because of a knee-jerk reaction-- 'if our country is having major problems, we should throw the bums out and let the man on the white horse take over.'

    This creates a never-ending cycle in which the fundamental problems perpetuate.

    It's not about any single person or group of people. It is the system itself that needs changing.

    In our system we award a tiny elite with the power to kill, steal, wage war, educate our children, and conjure unlimited quantities of paper money out of thin air.

    This is just plain silly. And antiquated. We're not living in the Middle Ages anymore where we need kings to tell us what to do, knights to keep the peace, and serfs to do all the work (and enrich the nobles).

    Yet this is not too far from the system we have today.

    The real answer is within ourselves. As Ron Paul told our audience in Santiago last year, become less dependent on the government and more self-reliant.

    This idea is beginning to resonate with more and more people who are increasingly disgusted with the system... and all parties.

    With our modern technology, transportation, and access to information, we have all the tools available to do this.



    To your sovereignty,

    [​IMG]

    Simon Black

    Founder, SovereignMan.com
     
  14. Yard Dart

    Yard Dart Vigilant Monkey..... Moderator Site Supporter++

    Becoming more self reliant is the most acceptable of all current solutions. If things go really bad, at least you have yourself to rely upon vs another man or government to provide your daily "bread".
     
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  15. VHestin

    VHestin Farm Chick

    Is it maple and brown sugar bread like the kind Franz bakery makes?
     
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  16. Yard Dart

    Yard Dart Vigilant Monkey..... Moderator Site Supporter++

    I like were you are going with that, I also love a nice raisin bread but being on Primal.... that won't happen now days.
     
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  17. Falcon15

    Falcon15 Falco Peregrinus

    Well, you can pretty much bet remaining on a pure primal diet after a massive SHTF scenario is going to be tough, if not nigh on impossible unless you have some serious pre-planning in place. You better pray you do not have a bad year in a harvest, or have disease run through your herd animals. Just saying, I won't be worried about being on a primal diet after SHTF, I will be more concerned about other things.
     
  18. VHestin

    VHestin Farm Chick

    Yeah I do not expect my edible gardening to always be successful, but that doesn't worry me because there are plenty of wild edibles that grow on our property and nearby. That's why I can/dehydrate my produce when I do have a good year so I can last better through the bad times.
     
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  19. Dont

    Dont Just another old gray Jarhead Monkey Site Supporter

    That is why there is a bakery in every village in france, By law... Like this thread!
     
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  20. Yard Dart

    Yard Dart Vigilant Monkey..... Moderator Site Supporter++

    I agree with you completely. Once the SHTF their is no more primal..... just survival.
     
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