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Thread: Food Prices to Rise 10-14 Percent by October

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    1-800-JUNKIE Denton's Avatar
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    Food Prices to Rise 10-14 Percent by October

    https://www.activistpost.com/2021/07...ceo-warns.html
    American families are already struggling amid mounting price inflation that’s eating away at their budgets, with higher costs for housing, vehicles, and more. Yet a top CEO is warning that the growing inflation problem facing Americans could get much worse in the coming months.

    The latest June data already show price inflation at a 13-year high, with prices having risen 5.4 percent year-over-year. Proponents of the big-government policies driving much of this increase insist the uptick in prices is only temporary. But billionaire and grocery chain CEO John Catsimatidis just predicted that overall price inflation, for consumer goods generally, will hit a 6 percent annualized rate by October.
    We've been watching extreme droughts, floods and Biden policies that have been endangering our food supply. Buying non-perishables today will save you money in a few short months.

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    Hairy beast AKA Sasquatch KnuteFartne's Avatar
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    Oh no problem. Biden is going to give me more checks.

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    Just this guy Inor's Avatar
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    If you have your food supply taken care of, make sure you are stockpiling cash/PMs/crypto/whatever trade medium you understand.

    Once food and gas start going through the roof fast, there are going to be a LOT of deals available for things like property, equipment and cars. When the sheep cannot afford to feed themselves this fall/winter they will sell those BMWs, SUVs and investment properties at fire sale prices. By Christmas we should be in the greatest buying opportunity in a generation, maybe of all time. This could get real fun, real fast!
    Admin for the most politically correct site on the web. Welcome to the OTP!

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    Hairy beast AKA Sasquatch KnuteFartne's Avatar
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    If I could give just a one word piece of advice to everyone it would be...

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    It's really depressing to see even junkfood becoming so expensive. Feeding five kiddos who eat like horses without dumping ten different types of sugars on their plates is getting unwieldy. So I've gotten myself 3 green houses and am hoping to grow grow grow, and along with the meat rabbits and the chickens and local meat suppliers, which doesn't raise their prices as quickly, it's going to work out alright. But if it doesn't: Anyone willing to adopt?

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    We don't have Meat Rabbits in MI, the Amish sell us Meat Chickens.
    Keep Your Head Up, And your Stick On The Ice.

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  13. #7
    Quote Originally Posted by Inor View Post
    If you have your food supply taken care of, make sure you are stockpiling cash/PMs/crypto/whatever trade medium you understand.

    Once food and gas start going through the roof fast, there are going to be a LOT of deals available for things like property, equipment and cars. When the sheep cannot afford to feed themselves this fall/winter they will sell those BMWs, SUVs and investment properties at fire sale prices. By Christmas we should be in the greatest buying opportunity in a generation, maybe of all time. This could get real fun, real fast!
    Yup can't wait! Bring it please bring it I could buy my retirement spread and pay cash. That would make me very happy!
    "The clever cat eats cheese and breathes down rat holes with baited breath." W. C. Fields

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    Hopefully, I can use the downturn to increase my real estate portfolio at a discounted price.
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    Quote Originally Posted by KnuteFartne View Post
    If I could give just a one word piece of advice to everyone it would be...

    Bullets!

    Lots and lots of bullets.

    Sent from my SM-G950U using Tapatalk
    I have that suggestion covered Knute.....I invested in lead.

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