Prices of cashews, walnuts, pecans and all other nuts are soaring!!!

Quote from misterno:

Chinese Yuan is appreciating against the USD almost everyday

This makes nuts as well as crude oil which are priced in USD appear cheap in terms of Yuan. Plus the economy is growing wages are rising thus consumption is booming

As long as Yuan strengthens, inflation in the US will be above normal.
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Didn't US government say 1 million times they want to see Yuan appreciate and China kept saying slowly slowly

Why would US want ........

Holy shipt I get it now. US wants inflation to inflate away the debt.

Something tells me it won't work as planned because people pay the price
 
Most people who grew up in US have no idea that even today:

1. Price of Gas is dirt cheap compared to the average per capita income,

2. Price of Nuts (a luxury in most countries) is dirt cheap.

3. Cost of eating out is so high.

Even if the price of Nuts triples, I would say it will still be cheap with respect to how much people make in US.
 
Quote from misterno:

Chinese Yuan is appreciating against the USD almost everyday

This makes nuts as well as crude oil which are priced in USD appear cheap in terms of Yuan. Plus the economy is growing wages are rising thus consumption is booming

As long as Yuan strengthens, inflation in the US will be above normal.
More...

always blame the chinese. if the yuan is stable people say it is causing americans to lose their jobs. the blame game is endless. what can you expect when US debt is sinking the country into 2nd or 3rd world status.
have you heard about toilet paper rationing in New York's coney island?
 
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