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View Full Version : Bloomberg - Global food prices hit record in January




Patriotxi
02-03-2011, 12:15 PM
http://www.youtube.com/watch?v=n7JD0F4HypE

Travlyr
02-03-2011, 12:19 PM
The price of food going up really means the value of the dollar going down. Fiat money fail... it is as simple as that.

Brian4Liberty
02-03-2011, 12:24 PM
The amount of global fiat currency being created probably also hit a record...

Stary Hickory
02-03-2011, 12:26 PM
you people are dum

food prices cant inflate or else they would be part(real) of the CPI index

pcosmar
02-03-2011, 12:32 PM
Sales Pitch for prepackaged "survival" Food.

Travlyr
02-03-2011, 12:34 PM
you people are dum

food prices cant inflate or else they would be part(real) of the CPI index

lulz... yeah counting real life needs in the CPI only distorts what the central planner's plan. CPI is ~ 2 -> 3% ... and it will always be that way ... damnit. That is set in stone.

HOLLYWOOD
02-03-2011, 01:21 PM
I'm sorry, but that's not what the Bureau of Labor Statistics states... yeah, I believe them! :rolleyes:

Always the statists... telling you what to believe. The Money Masters/US based governments are taxing the hidden shit out of us through inflation, AND... by currency devaluation and increased through CRVs, Fees, Recycling charges, Tolls, Excises, Tariffs, Surcharges, government spending and regulations.

Not many know the "other" avenue...ie, US has a 2.5% tariff on products imported from China. So We The People, pay a 2.5% increase due to the US government on that piece. What's not known, is China has a 25% tariff on all imports from the US. This is how the whores in Washington DC love spending your money for their tenture/enrichments and just have the Chinese finance a portion of the debt created, all the while, our products are uncompetative due to tariffs. There's also Chinese/Korean/Japanese price fixing to either run competing US businesses to close or to profit through monopoly/anti-trust games. Also, it's a way for China/Vietnam/Korea in having US corporations move to their countries to eliminate the tariffs.

China, voted most favored Nation by Congress numerous times, all the while we pay more and lose businesses and jobs in the process. Corporate raiders... to the likes of Mitt Romney's BAIN Capital, exasperated/accelerated the loss of jobs/businesses to foreign nations.

It's the whores in Washington that sold us all out to the highest bidders, in the meantime, we're stuck with higher prices and massive debt.

http://www.bls.gov/news.release/cpi.nr0.htm


The Chained Consumer Price Index for All Urban Consumers (C-CPI-U) increased 1.4 percent over the last 12 months. For the month, the index increased 0.2 percent on a not seasonally adjusted basis.

Patriotxi
02-03-2011, 05:16 PM
yep