The U.S. cattle and calf herd is at its lowest level since 1952!! | |
Area51 Public Relations Guy User ID: 37945319 United States 05/07/2013 04:01 PM Report Abusive Post Report Copyright Violation | Get ready for more of the predicted food inflation. Beef prices are hitting an all time high. Quoting: ITZCOMING [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? 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. |