That's great you want to discuss crop yields and such, but food insecurity as the USDA refers to it is whether there is food on the shelf and people can't afford it. And there is, and they can't.
22% Food Inflation = middle class destruction
- Thread starter jem
- Start date
That's great you want to discuss crop yields and such, but food insecurity as the USDA refers to it is whether there is food on the shelf and people can't afford it. And there is, and they can't.
Right. The problem is distribution.
in a way you are correct... in capitalism price is the signal that determines the distribution of a product.
So you could say 40 or 50 million or more americans are now priced out of buying enough food on their own incomes.
There is something very wrong. Perhaps it is the fact we have had what really amounts to what thousands of percent inflation since the 60s that has
destroyed the buying power of our citizens. Things that were once once nickel now cost a few dollars.
Crazy spending and devaluation of our dollar has to stop.
So you could say 40 or 50 million or more americans are now priced out of buying enough food on their own incomes.
There is something very wrong. Perhaps it is the fact we have had what really amounts to what thousands of percent inflation since the 60s that has
destroyed the buying power of our citizens. Things that were once once nickel now cost a few dollars.
Crazy spending and devaluation of our dollar has to stop.
So clever of you to narrow the problem with the poor being unable to afford food down to one ambiguous term you call "distribution". Thank you for reminding me what a complete and total waste of time it is to try to have a serious conversation with you.
wasn't your team just telling us that the minimum wage should be at least 15 dollars to keep up with the cost of food?
If the value of our currency rose sharply, working people would simply get paid less of it, because their competition could and would settle for less of it to get the job. Simply restricting the supply of money doesn't solve the problem of distribution of money (or the access to money, i.e. jobs).
that is not the point... a government deficit spending destroys the value of the money in circulation. By keeping the supply of money large enough but constant savings and investment can be more done more effectively and be more effective.
Additionally, when the supply of money is constant the choices society makes based on prices will be far more efficient and effective.
Letting crooked politicians and cronies spend the equivalent of trillions of dollars of newly created money has always destroyed societies.
Additionally, when the supply of money is constant the choices society makes based on prices will be far more efficient and effective.
Letting crooked politicians and cronies spend the equivalent of trillions of dollars of newly created money has always destroyed societies.
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I agree;
part-ly.
But as metals dealer Dr. Larry Bates says ,the FED Reserve is not federal[, its like Federal Express [private, but pres appointed FED head]]+ has doubtful reserves
I really dont blame the FED for not including food + fuel [in inflation index];
eggs are cheaper in the country, so are blueberrys. at least the FED discloses that.
Compared to CROOKS IN GOV , like Bill + Hill Clinton, the screamer.LOL
FED looks better.. Besides with oil discovered/extracted from ND/US, fuel may go down, medium trends.Its really a shame Hillary Clinton is now outraged @ not just FOX news, now its the NYT, also.