Grocery food prices are expected to fall in 2024 and 2025
- Thread starter THE_DEVIL
- Start date
The housing market is getting ready to crash. Grocery store prices will be the least of your worries.
Let the lenders fry this time. Learned nothing from last time.
Grocery stores took COVID and ran with it. Prices never came back down. They are making record profits. Time monopolies to be broken up.
Good. Housing prices are insane.
Glad we got Biden leading the charge on that. Hopefully it’s between 10 and 4 when it finally goes or we might be in trouble.
We're past the halfway point in 2024 and they didn't fall.
yep, companies now own 100s of products, and take profits as high as possible.
Actual responsibility with no government bailouts? The horror.
Last time gave bailouts to billionaires and tacked on trillions to the debt with nobody learning a damn thing except, “ dont worry, the government will bail you out”
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I have a fixed 2.5% mortgage rate. Don't care what prices do.
Tonight was "squirrel brisket"....
Reagan stopped enforcement of the Sherman Act, and look where we are after 40 years of that.
Just sayin'.
They took the money the government printed in response to COVID.
You jack up the money supply to pay for things instead of tax it from the public and the consequence is the regressive tax of inflation.
Supply and demand cannot be conned.
I don’t think food consumption and production have changed much since January 2020. Put the money supply back at 2020 levels and you’ll see closer to 2020 prices.
September of 2019 Federal Reserve balance sheet was at 3.7 trillion. By June of 2020 it was over 7 trillion. Price increases inevitably followed. Balance sheet kept growing until it peaked at 8.9 trillion in May 2022. It’s down to 7.2 trillion now.
We’ll see when they stop and start printing money for bailouts again.
Because they played the same game, but without the globe using their currency for international trade to the degree of the USD.
Look at the ECB balance sheet:
Turkish Central Bank Balance Sheet:
and here is the balance sheet at the Fed, where Biden re-appointed Chairman Powell and has supported every bit and more of the federal spending that has occurred and been monetized by the Fed:
Look up the UK balance sheet, going from 719 billion in 2019 to over 1.3 trillion in 2022.
Without other nations clamoring for Turkish lire, British pounds, or even EU euros with the same level of demand as USD, those countries saw their money printing bring even worse inflation.
Make no mistake, the money printing caused the price increases. It does not do so instantaneously, but through progressive transactions over time.
Draining the monetary pool can have the opposite effect.
In before @FSUTribe76 gives us his preferred methods of preparing squirrel, and the top 20 restaurants he’s had squirrel at.
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