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The U.S. cattle and calf herd is at its lowest level since 1952!!

 
ITZCOMING
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User ID: 12781064
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05/07/2013 03:59 PM
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The U.S. cattle and calf herd is at its lowest level since 1952!!
Get ready for more of the predicted food inflation. Beef prices are hitting an all time high.

[link to www.nbcnews.com]

For me it's always been high, since I buy grassfed, organic no antibiotic beef. And my raw milk is $6.00 a galoon (unchanged the past 5 years).

As of the last year or so the doomers have telling me that we are going to have massive food inflation. This is already hitting in the form of smaller packages even a couple of years ago.

[link to www.nytimes.com]

So do you think we will see hyperinflation with all the money printing?
Area51 Public Relations Guy

User ID: 37945319
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05/07/2013 04:01 PM
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Re: The U.S. cattle and calf herd is at its lowest level since 1952!!
Get ready for more of the predicted food inflation. Beef prices are hitting an all time high.

[link to www.nbcnews.com]

For me it's always been high, since I buy grassfed, organic no antibiotic beef. And my raw milk is $6.00 a galoon (unchanged the past 5 years).

As of the last year or so the doomers have telling me that we are going to have massive food inflation. This is already hitting in the form of smaller packages even a couple of years ago.

[link to www.nytimes.com]

So do you think we will see hyperinflation with all the money printing?
 Quoting: ITZCOMING


Nahh, hyperinflation is not going to happen until we have a debt default, even so, that'll be another 5 years at least. However, beef prices are certainly fucked.

Soon we will see hyperinflation, my friend. Soon.





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