Food Crisis

Discussion in 'Present & Current Events' started by Toroid, May 18, 2019.

  1. nivek

    nivek As Above So Below

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    Food prices are increasing almost daily, be prepared for food shortages in a few months to a year, there's multiple reasons for this...Everything else is going up in cost as well, however this inflation is caused by the actions of our current government spending and activities...

    I've been purchasing emergency rations, food prepared for long term storage in the event of food shortages along with emergency water storage and portable filtration systems...

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  2. JahaRa

    JahaRa Noble

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    Prices are rising for everything, not just food or lumber. I went in to Walgreens a couple of days ago and found that almost everything seemed to be prices over 50% over what they were a few months ago. My daughter bought 2 over the counter medicines for my grandson and it cost $60.00. She had first gone to CVS, which is the worst gouger in the country, and those two medicines were even higher there.
     
  3. JahaRa

    JahaRa Noble

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    You can blame the president if you want, but he doesn't have any control over supply and demand nor over comodoties futures so it is not Biden's America, it is the effects of a lot of things that have happened before Biden was elected. It is silly to blame any president for anything except being stupid like Trump, or pretending we are stupid like Bush did.
     
  4. nivek

    nivek As Above So Below

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    Printing money and spending like the Biden administration has been crazy about doing lately does affect the economy and causes inflation of prices across the board...The more money in circulation the less value it has...

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  5. Sheltie

    Sheltie good to the last drop

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    U.S. Could Double Tariffs on Canadian Softwood Lumber

    The Biden Administration is proposing roughly doubling the tariffs on imported Canadian lumber from 8.99% to 18.32%. Approximately 30% of the lumber used in US home construction comes from Canada.

    My biggest concern is policies, not personalities. If I feel the President is making good decisions, I will give him credit. If I feel he is making inappropriate decisions, I will criticize him. Why is this so difficult for so many people to understand?
     
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  6. wwkirk

    wwkirk Celestial

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    What's your opinion of the policy you just cited?
     
  7. nivek

    nivek As Above So Below

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  8. Sheltie

    Sheltie good to the last drop

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    I'm not in the building/lumber industry, so I couldn't tell you whether the tariff itself is good or bad.
     
  9. nivek

    nivek As Above So Below

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    Food has really skyrocketed in my area this week, $5.75 for a half gallon of milk, premium carved turkey breast $6.90 for 12 oz. container at the deli are two prices that stuck in my mind as I purchased them along with other items I bought...I spent 95 dollars today on food and barely got anything, oh yeah, $6.55 for 6 protein bars that I paid $4.20 a few weeks ago, ugh...

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  10. nivek

    nivek As Above So Below

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    Inflation will be 'brutal' in short run: Legendary investor Bruce Greenwald

    Federal Reserve officials this week reiterated their support for loose monetary policy and downplayed the threat of inflation, despite a recent report that showed in April the Consumer Price Index (CPI) increased at its fastest rate in more than a decade.

    The stay-the-course approach from Fed officials defies criticism from some economists on the left and right over fears of a persistent spike in inflation that could derail the economic recovery.

    Such critics rightly worry about continued inflation but misunderstand what's causing it, according to legendary investor and Columbia Business School Professor Bruce Greenwald.

    In a new interview, Greenwald — whom The New York Times once called "a guru to Wall Street's gurus" — says inflation will continue to be "brutal" in the short run but it has nothing to do with monetary or even fiscal policy. Because Fed policies didn't cause the inflation spike, the central bank lacks the capacity to rein it in, he said.

    Instead, Greenwald says the Biden administration's support of a waiver of intellectual property rights for COVID-19 vaccines "scared the crap" out of companies that fear adverse government intervention in their day-to-day business. In turn, companies have raised prices to get ahead of other potential government actions, Greenwald said.

    "I think in the short run, [inflation] is going to be brutal," Greenwald tells Yahoo Finance.

    (More on the link)

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  11. Sheltie

    Sheltie good to the last drop

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    I really worry that economically we're witnessing the beginning of a perfect storm that could be devastating. I hope I'm wrong!
     
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  12. nivek

    nivek As Above So Below

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    In a manner of speaking, when you type six trillion dollars into existence at a Federal Reserve Bank computer you devalue all other dollars that already exist...We've seen nothing yet, inflation will likely get worse unfortunately...

    This article below is kind of light on the true percentages of increases and gives a subtle picture of what's likely to come...

    Surging prices may only be beginning; where you're going to feel the squeeze

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  13. nivek

    nivek As Above So Below

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  14. nivek

    nivek As Above So Below

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    'It could be devastating': Deutsche Bank warns 5% inflation may get WORSE as prices rise at fastest rate since 2008 Great Recession

    [​IMG]

    Inflation rose at a faster rate in May than any time since the Great Recession, as consumer face higher prices for everyday goods and services. In its report Thursday, the government said that overall consumer prices rose 0.6 percent in May, bringing the inflation rate to 5 percent over the past year, the highest level since August 2008. Core inflation, which excludes volatile energy and food costs, rose 0.7 percent in May after an even bigger jump in April, and is up 3.8 over the past 12 months, the quickest rate since 1992.

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  15. nivek

    nivek As Above So Below

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    Hunger is not far away! Grasshoppers invade western US in largest swarms in 35 years, plaguing farmers and ranchers

    A massive population of grasshoppers is proliferating in the sweltering American west, where a deep drought has made for ideal conditions for grasshopper eggs to hatch and survive into adulthood.

    “I can only describe grasshoppers in expletives,” said Richard Nicholson, a cattle rancher in Fort Klamath, a small community in southern Oregon, who once recalled seeing grasshopper bands eat 1,000 acres a day and cover the ground like snow.

    The insects cause innumerable headaches for farmers and ranchers, competing with cattle for tough-to-find wild forage and costing tens of thousands of dollars in lost crops and associated costs. “They are a scourge of the Earth … They just destroy the land, destroy the crops. They are just a bad, bad predator.”



    Prolific though they are, the grasshoppers are not interlopers. Native to the western lands, they have been there for millions of years, their populations typically in check. They hatch as tiny versions of adults, so small about 50 can fit on a coin the size of a quarter. In average years, most die off before becoming the winged grownups that now buzz the rural skies. They and their eggs are susceptible to pathogens, brutal winters and starvation while young.

    But grasshopper populations began ballooning in spring 2020, thanks to warmer and drier winters that favored survival, along with a lucky few rains that spur grass that feeds young grasshopper populations.




    Oregon and Montana hardest hit

    Oregon and Montana have been the hardest hit by the insatiable eaters, particularly in the arid eastern flank of both states. Thirteen other states are also facing grasshopper damage, according to hazard maps assembled by the animal and plant health inspection service at the US Department of Agriculture.

    upload_2021-7-8_14-40-24.png

    (More on the link)

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  16. HAL9000

    HAL9000 Honorable

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    291
    We over here in the UK keep seeing US news items about the Billions, then Trillions of Dollars to be spent on things like 'infrastructure' that are supposed to bring in the work and get everything back on course for a good future.

    But can you guys in the USA tell us what has actually been built so far with all this money ?

    Inflation ? Damn right your going to get inflation.

    The idea of virtually doubling the minimum wage for everyone in one swoop may have pleased a lot of folk on the low minimum wage, but it has simply forced all employers to up their costs. Surely y'all saw that coming ?

    By the way, the Fed will want all their funny money back. Tax increases on the horizon for everyone.
     
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  17. JahaRa

    JahaRa Noble

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    Nothing yet. After Congress votes I think the Senate has to sign off on it then the president signs off. Or the president already signed off and Congress just voted on it so the Senate has to weigh in.
     
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  18. HAL9000

    HAL9000 Honorable

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    Any clues on what they intend to do, or at least hope to do ?
     
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  19. JahaRa

    JahaRa Noble

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    The congress person that emails me said it is for "a $715 billion package to modernize roads, bridges, transit, rail, drinking water and wastewater infrastructure, and so much more. Importantly, this transformational bill will lay the groundwork for an infrastructure package for the modern era. Investing in our infrastructure is a chance to intentionally invest in our communities. We must invest on numerous fronts if we are going to rebuild our country from the ground up and prepare for a changing world. I look forward to working with my colleagues to ensure our investments lean boldly into the science and propel far-reaching climate action."
     
  20. nivek

    nivek As Above So Below

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    Our infrastructure like our food supply is going to be tested rigorously over the next few years as the earth and climate goes through its cycles of changes which may be a challenge for us all...I think they want the infrastructure money in place to make repairs and changes as problems arise like bridge damages, road damages, possibly more buildings collapsing as well as food and water...

    Food, water, and shelter, three important factors to living to along with breathing clean air...One thing that I'm curious about, why is Bill Gates buying up farms and farmland around the country?...I'm sure he is one of the elite who are in the 'know' so what does he know that none of us do?...

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