Gas prices continue to climb without any signs of slowing and if anything that is likely to get worse. More great news this morning, if you are an oil producer that is, but not if fuel is your biggest expense….
Fuel prices drive cost for a lot of items. That fresh fruit you like from the store when it is out of season? That has to be trucked in from somewhere warmer and higher fuel costs mean higher food costs. This is already in the works (see: Food inflation: a growing threat to us all). Rising fuel and food costs will impact those at the lower end of socio-economic spectrum the most as they typically have less wiggle room in their budget. Good news though, the energy policies being pushed in the name of former Vice-President Joe Biden should make this even worse in the coming years! See also Fuel Prices Are About to SKYROCKET. Here Are the REAL Reasons Why.
Inflation is coming. We can’t keep injecting make-believe money into the economy without it driving up prices and inflation is one of those problems that are very difficult to arrest once the ball starts rolling. The rising prices will sap buying power and this will fuel (pun intended) demands for even more “stimulus” long after the coronavirus pandemic has become old news. More money will be printed and injected into the economy, prices will keep going up, the demand for more money will continue ad infinitum.
You over react. The people getting government checks, paychecks or welfare or unemployment, who sit in their suvs with the air conditioner running while people give them free food will NEVER not be able to afford things.
It can't happen here.
Actually, I'm too disgusted by the whole thing and those type of people to go to such places, but it would be nice to get free shit to feed to my chickens. Sadly, the ones I've seen on tv appear to have produce that is better than what is available at any store nearby.
We used to get food being thrown away from a local food pantry and fed it to pigs, you would be shocked (or maybe not) by the sheer volume of food they pitch because it is past the expiration date.