by Mike Adams the Health Ranger
November 06, 2010
Within a decade, a loaf of wheat bread may cost $23 in a grocery store in the United States, and a 32-oz package of sugar might run $62.
A 64-oz container of Minute Maid Orange Juice,
meanwhile, could set you back $45.71. This is all according to a new report
released Friday by the National Inflation Association (NIA) which warns consumers
about the coming wave of food price inflation that's about to strike the
western world.
The upshot of
a falling dollar will mean rampant price inflation on the
basic goods and services that Americans depend on to survive. Food in
particular is likely to be hit hard by price inflation within the decade.
The Federal Reserve, of course, is currently engaged in the most massive
money counterfeiting operation the world has ever witnessed. And it seems
determined to keep printing money until all the dollars the rest of us hold
are near-worthless.
What does this all mean to you and me?
As the spring comes back in a few
months, it might be a good time to start thinking about growing a little
garden for yourself.
November 5, 2010 The National Inflation Association (NIA) today announced the release of its report about NIA's projections of future U.S. food price increases due to the massive monetary inflation being created by the Federal Reserve's $600 billion quantitative easing.
This report was written by NIA's President Gerard Adams, who believes food inflation will take over in 2011 as America's greatest crisis. According to Mr. Adams, making mortgage payments will soon be the last thing on the minds of all Americans.
We currently have a currency crisis that could soon turn into hyperinflation and a complete societal collapse.
NIA projects that at the average U.S. grocery store it will soon cost,
NIA also projects that by the
end of this decade, a plain white men's cotton t-shirt at Wal-Mart will cost
$55.57.
...during the months of September and October alone, these huge commodity price increases have yet to make their way into America's grocery stores because corporations have been reluctant to pass these price increases along to the consumer.
In today's dismal economy, no retailer wants to be the first to dramatically raise food prices.
However, NIA expects all retailers to soon substantially raise food prices at the same time, which will ensure that this Holiday shopping season will be the worst in recorded American history.
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