The Mudcat Café TM
Thread #138922   Message #3182026
Posted By: Jack the Sailor
05-Jul-11 - 04:53 PM
Thread Name: BS: The price of groceries!?
Subject: RE: BS: The price of groceries!?
A lot of prices have gone up for us. We are defraying that somewhat with our garden and our freezer, bulk shopping saves a bit. We make our own soymilk. Its funny. When we got married we could buy chicken breasts for $2.00 a pound, I saw them at Sam's Club Friday for 1.99 per pound, skinless and boneless. But species after species of fish is leaving our price range, Fresh or frozen Tuns, Cod, Salmon, Haddock, Talapia etc. There is always something to buy for $2-3 per pound, we look up the recipes on line and use more spices.

But the staples haven't changed much, Bread, eggs, chicken, etc. Is it possible that US produced food is not rising at nearly the level of imports. That would be expected with the "quantitative easing" the Treasury Dept, is doing. Though it would tend to stimulate the economy by making more money available, it would also decrease the value of the dollar in comparison to other currencies and increase the price of fungible international commodities like energy and base metals.

In the long run this would be good for the USA in that local suppliers become much more viable. It also is by far the most effective way to discourage waste and encourage conservation. But in the short run, higher food and energy prices are inevitable.