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its so dependent where you live and your lifestyle. a 13% average for a family could mean some spend 26% and others 6.5%.. thats a big difference. its so wide as to be a meaningless statistic.
It is not meaningless, the idea that an increase in food is going to cause massive inflation doesn't make sense. Even if food goes up 40% on someone whose food budget is 20%, they would just cut other parts of the budget.
We won't be buying loaves of bread with wheelbarrows full of money.
It is not meaningless, the idea that an increase in food is going to cause massive inflation doesn't make sense. Even if food goes up 40% on someone whose food budget is 20%, they would just cut other parts of the budget.
We won't be buying loaves of bread with wheelbarrows full of money.
Or we'll end up buying less food for the same amount of money. I have a set amount I can spend, I can't cut anywhere else.
It is not meaningless, the idea that an increase in food is going to cause massive inflation doesn't make sense. Even if food goes up 40% on someone whose food budget is 20%, they would just cut other parts of the budget.
We won't be buying loaves of bread with wheelbarrows full of money.
its far from about wheel barrows of money for food. every dollar thats pulled away from somewhere else for food or energy is going to effect our over all economy. we are teeter tottering between inflation and deflation right now and anything hurting other areas of the economy can push us back down towards a deflation .
Or we'll end up buying less food for the same amount of money. I have a set amount I can spend, I can't cut anywhere else.
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Originally Posted by mathjak107
its far from about wheel barrows of money for food. every dollar thats pulled away from somewhere else for food or energy is going to effect our over all economy. we are teeter tottering between inflation and deflation right now and anything hurting other areas of the economy can push us back down towards a deflation .
That's easy to explain, we have been fighting a war for years, billions of dollars a week, the federal government has been spending money like a drunk sailor for years the deficit is out of control the only thang going up faster than oil is the printing presses at the federal reserve punching out green backs by the truck loads. Yep, that's making your dollars more worthless every day, just wait it's gona unfortunately get worse.
Personal opinion counts for a lot when the person presenting the opinion is the one shopping on a regular basis for the food to feed a family.
A price tag with a 10 percent increase on it from a week or two ago is not an opinion, personal or otherwise, no matter who is doing the shopping.
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Originally Posted by user_id
Beacon goes up? Who cares...eat something else.
So prices aren't going up because you're changing your diet? What a joke; how fallacious can you get? That's lovely, for you, but all that means is that you're writing a different shopping list. You asked about food costs, not weekly shopping trip costs. Two different things.
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Originally Posted by user_id
Speaking of shallow, you are ignoring the fact that companies can hedge costs, you are ignoring the fact that Americans toss around 30% of food in the trash, you are ignoring the effect of substitution on food costs, you are ignoring alternative fuels, etc.
And your posts are nothing but so many red herrings.
Quote:
Originally Posted by mathjak107
the reality is we can all substitute everything in life. we can lower our standard of living and we can cheapen every aspect of our lives and everything we buy and then proclaim inflation and rising prices dont effect us.
Food prices? Part weather, part supply and demand, part increase from the lows in 08/09 and part speculation in the underlying commodities.
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