Submitted by Tyler Durden: Having pointed out the 'surges' in the cost of your 4th of July burger at the behest of Greenspan and Bernanke [2],
we thought a reflection on the soaring costs of 'the most important
meal of the day' were in order.
As the following chart illustrates in words and pictures even a PhD Fed economist or CNBC pretend-economist could understand - food-flation is here from breakfast through dinner (no matter how many iPads we try and eat).
As the following chart illustrates in words and pictures even a PhD Fed economist or CNBC pretend-economist could understand - food-flation is here from breakfast through dinner (no matter how many iPads we try and eat).
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