Wednesday, Sep 08, 2010

Riots in the streets soon, even now people fight over the reduced items

Bloomberg: U.K. Food Prices Increase at Fastest Pace in a Year, BRC Says

U.K. food prices increased the fastest in a year in August as manufacturers passed on higher commodity prices, the British Retail Consortium said.

Posted by mark @ 11:07 AM (488 views) Add Comment

4 Comments

1. Crunchy said...

As the fool on the hill has said many times here.

"Hyperinflation, food shortages." and I'm not even referring to the Revelation of the coming famine.

The deflationists have far too much faith in fiat currencies and our fiat food masters.

Keep watching gold and supermarket 'labelling' untill it sinks in.

Wednesday, September 8, 2010 12:19PM Report Comment
 

2. sibley's b'stard child said...

Where's Smugdog; this is 'great' news. House prices up; food prices up. Hurrah.

If I could only find a picture of some bright young things doing the conga...

Wednesday, September 8, 2010 01:52PM Report Comment
 

3. alan said...

@ Sibley's B C,

Gold is at a peak (in $) too.

A sign the rest of us don't trust the government or speculators anticipating more QE?

Wednesday, September 8, 2010 02:24PM Report Comment
 

4. estrader said...

"Wheat prices have soared 53 percent in the last three months."

And then my heart with pleasure fills,
And dances with the daffodils

What has property done? *LOL*

Wednesday, September 8, 2010 03:46PM Report Comment
 

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