Reply to Are food prices (especially on staples) ever coming back down at all?

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Reply to "Are food prices (especially on staples) ever coming back down at all?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]No. 
Climate change. 
war. 
Pandemics
Pollution
End of Earth
Greed[/quote]

No... Biden's energy policies.[/quote]

It couldn't possibly be the influx of $2 trillion in cash in the form of child pandemic payments for two years? It's still leveling off.[/quote]

Of course this influences it through wage hikes:

oil prices go up leads to fuel and fertilizer price increases for farmers leads to fewer acres planted leads to less food produced all lead to price hikes
then higher fuel prices lead to higher trucking prices at each step along with higher packaging costs (derived from oil) lead to price hikes
Influx of cash from government causes many people to quit jobs which leads to fewer workers which leads to higher wages to attract workers
Influx of cash from government causes people to continue purchasing goods at the same pace despite not working, so too much money chasing too few goods leads to price hikes.

So, not climate change, etc.  But basic economics with more expensive energy at the heart.  Price gouging, doubtful.[/quote]

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