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Title: 23,462 62 Food Price Inflation Accelerates For Seventh Consecutive Month
Source: [None]
URL Source: https://www.zerohedge.com/commoditi ... rise-seventh-consecutive-month
Published: Jan 10, 2021
Author: Tyler Durden
Post Date: 2021-01-10 01:45:48 by Horse
Keywords: None
Views: 442
Comments: 8

Is it time to worry about food inflation?

Post Comment   Private Reply   Ignore Thread  

#1. To: Horse (#0)

Yet again ZeroHedge displays its appalling innumeracy. A quick glance at that FAO Food Price Index graph indicates that food price inflation has NOT accelerated for seven consecutive months. The inflation rate -- i.e. the slope of the curve -- was lower in May than in June, and it was lower in December than November. When inflation is accelerating the curve gets steeper. When inflation is constant the curve is a straight line. When inflation is slowing, the curve gets less steep.

StraitGate  posted on  2021-01-10   7:52:09 ET  Reply   Trace   Private Reply  

He is not a native English speaker.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2021-01-10   12:22:17 ET  Reply   Trace   Private Reply  

I think it is wonderful. The higher food prices are, the better I like because it hastens the collapse of the economy.

DWornock  posted on  2021-01-10   12:49:01 ET  Reply   Trace   Private Reply  

I think it is wonderful. The higher food prices are, the better I like because it hastens the collapse of the economy.

Can you afford fresh beef? I can't. But I am lucky I have new EBT card for food stamps. Otherwise I would be sucking hind teat. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2021-01-10   13:10:09 ET  Reply   Trace   Private Reply  

If I wanted to cook other than rice or heating in the microwave, I can afford fresh beef.

DWornock  posted on  2021-01-10   22:46:37 ET  Reply   Trace   Private Reply  

it hastens the collapse of the economy.

Interesting. What benefits do you foresee from the collapse of the economy?

StraitGate  posted on  2021-01-10   23:07:17 ET  Reply   Trace   Private Reply  

The Bulgarian's English is fine -- no complaints there. But any article at ZeroHedge that deals with numbers -- and many of them do -- is likely to have the numbers wrong. This applies not only to articles by Ivandjiiski, by also to those by other contributing authors. It happens almost too often to be accidental.

I love the truth, and I hate it when somebody tells me that 2 + 2 equals 5.

StraitGate  posted on  2021-01-10   23:26:19 ET  Reply   Trace   Private Reply  

What benefits do you foresee from the collapse of the economy?

None directly. However, it should be obvious, based on Biden's recent comments, that with the Democrats in complete control that many of the few freedoms we have will soon be illegal and that almost half of the population will be cheerleaders for the new repressive laws.

However, with an economic collapse, there will not be near enough money for food stamps, unemployment benefits, and social security. And, likely there will be insufficient money for most of the 10% of the population that works for the government including the military. When millions are starving and tens of millions are unemployed, hungry, and homeless and have nothing more to lose, as Gerald Celente says, they lose it. Therefore, a revolution follows an economic collapse. Whatever follows the revolution may be just as bad, but it will not be worse and likely will be an improvement.

DWornock  posted on  2021-01-11   11:02:03 ET  Reply   Trace   Private Reply  

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