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Food Prices: The road to revolution?

Started by tfn · 1 year ago

by John Browne, Senior Market Strategist Euro Pacific Capital

Baltimore — (TFN): Last week, food shortage became an American reality. Costco, Wal-Mart and other food stores limited the purchase of certain food staples in bulk form. Purchases of rice in California and of oil and flour in Queens were restricted. Customers were angry, voicing strong concern [...]
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1 comment

  • John may have gotten ahead of himself predicting social unrest in the United States based on membership-based discount wholesellers limiting the number of bags of rice being sold per customer. Inflation in food prices do not equate food shortages.

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