Unless you have fallen victim to the silent taxation effect of the dastardly grocery store shrink ray (e.g. less food in the container), you would know that food inflation is here in a major way.
In 2010 alone, I’ve seen my dollars, or at least it appears as such, that my November 2010 dollars buy less grub than several of the last years cumulatively combined.
If you’re wondering what’s going on, the answer is pretty simple: commodity prices have soared in the presence of a weakening U.S. Dollar (e.g. quantitative easing).
Take a look for yourself…
It’s for this reason alone that I started my own 2000 square feet recession garden to fight food inflation and grew so much food that I gave between 25% to 33% away to friends and family.
Raising a garden certainly isn’t for everyone, whether it be by personal choice or a lack of options, but present market conditions are definitely demanding that most people make dealing with food inflation a necessary evil. Otherwise, they’re almost certainly going to be cursing Randolph & Mortimer Duke in the check out aisle for cornering the breakfast food market.