Food Inflation
Every time they run out of something at the grocery stores the price is always higher after re-stocking, without exception. Be it 20 or 40 cents, but it’s always higher.
And I noticed things go out of stock a lot faster (credit issues? other reasons for stocking less?), which means the prices go up quite often. It’s been happening for at least 18 months now.
Food inflation is rampant, despite the fact that the Canadian dollar is doing really well.
More on this topic
(What's this?)
Marc Faber: Massive Inflation and then War
(Expected Returns, 7/14/10)
Inflation’s Coming! Hide Here…
(Contrarian Profits, 8/27/09)
Nobel Prize Winner Predicts the Death of the Dollar
(Contrarian Profits, 8/31/09)
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