Saturday, December 14, 2024

Tag: But They Say Inflation Is “Under Control”

U.S. Vegetable Prices Increased By A Whopping 38 Percent In November, But They Say Inflation Is “Under Control”

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    by Michael Snyder, The Economic Collapse Blog:

    The mainstream media is trying really hard to convince all of us that inflation will soon no longer be a problem, but meanwhile food prices continue to soar to absolutely absurd levels.  In fact, we just learned that vegetable prices increased by a whopping 38 percent in November.  When I originally saw that number, I thought that it must represent the change from 12 months ago.  But that is not the case.  According to the Bureau of Labor Statistics, vegetable prices jumped 38.1 percent from October to November, and they are up a total of 80.6 percent over the past 12 months…