Re: OT: Inflation in the US

From: default <default@xxxxxxxxxxx>
Date: Sun, 20 Jan 2008 10:43:50 -0500

On Thu, 17 Jan 2008 19:15:38 -0500, krw <krw@xxxxxxxxxxx> wrote:

Food is incredibly cheap in the US.

That is changing rapidly right now. Double whammy lots of corporate
aid to Archer Daniel Midlands to make ethanol will take corn from the
feeds to animals and it is in 90% of packaged food now.

The double whammy comes in when it costs more to mine fertilizer,
transport feeds and chemicals, then transport the product to market
and keep it fresh with refrigeration.

Cheap food is something we will be looking back on in 6 months or
less.
--
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