newworldafro
DeeperThanRapBiggerThanHH
Add On.....
The Official Inflation (Trillion Dollar Bill) Thread ......
- Thread starter newworldafro
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Add On.....
newworldafro
DeeperThanRapBiggerThanHH
I think its relevant to The Locker Room..... lifestyles will be affected, but I understand if mods don't get it 
Some edumucation.....I'm no expert. Trying to make it understandable to the layman like myself. But I've learned some shiit that they don't talk about in any synergistic way on the MSM or RHOA or SportsCenter or etc.
Chickens are starting to roost their asses off......not an "end of the world thread"... just some real shiit
I'll come back later to fill in some holes......
1) Petrodollar vs PetroYuan and Petro[Pickanothermajorcurrency] - look it up, I'll add stuff later
2) Treasury notes - affected by Petrodollars and other financial thingamajigs, I'll add stuff later
3) Gold reserves [or lack thereof] -
....... real stuff.....I'll add stuff later
4) Environment - weather, man made disaster is fuucking shiit up... I'll add stuff later..
Some edumucation.....I'm no expert. Trying to make it understandable to the layman like myself. But I've learned some shiit that they don't talk about in any synergistic way on the MSM or RHOA or SportsCenter or etc.
Chickens are starting to roost their asses off......not an "end of the world thread"... just some real shiit
I'll come back later to fill in some holes......
1) Petrodollar vs PetroYuan and Petro[Pickanothermajorcurrency] - look it up, I'll add stuff later
2) Treasury notes - affected by Petrodollars and other financial thingamajigs, I'll add stuff later
3) Gold reserves [or lack thereof] -
....... real stuff.....I'll add stuff later4) Environment - weather, man made disaster is fuucking shiit up... I'll add stuff later..
Last edited:
newworldafro
DeeperThanRapBiggerThanHH
Example 1..... Beef
http://www.prisonplanet.com/why-mea...tinue-soaring-for-the-foreseeable-future.html
Why Meat Prices Are Going To Continue Soaring For The Foreseeable Future
Michael Snyder
American Dream
April 10, 2014
The average price of USDA choice-grade beef has soared to $5.28 a pound, and the average price of a pound of bacon has skyrocketed to $5.46. Unfortunately for those that like to eat meat, this is just the beginning of the price increases.
Due to an absolutely crippling drought that won’t let go of the western half of the country, the total size of the U.S. cattle herd has shrunk for seven years in a row, and it is now the smallest that is has been since 1951. But back in 1951, we had less than half the number of mouths to feed. And a devastating pig virus that has never been seen in the United States before has already killed up to 6 million pigs in this country and continues to spread like wildfire. What all of this means is that the supply of meat is going to be tight for the foreseeable future even as demand for meat continues to go up. This is going to result in much higher prices, and so food is going to put a much larger dent in American family budgets in the months and years to come.
One year ago, the average price of USDA choice-grade beef was $4.91. Now it is up to $5.28, and the Los Angeles Times says that we should not expect prices to come down “any time soon”…
Come grilling season, expect your sirloin steak to come with a hearty side of sticker shock.
Beef prices have reached all-time highs in the U.S. and aren’t expected to come down any time soon.
Extreme weather has thinned the nation’s beef cattle herds to levels last seen in 1951, when there were about half as many mouths to feed in America.
“We’ve seen strong prices before but nothing this extreme,” said Dennis Smith,a commodities brokerfor Archer Financial Services inChicago.“This is really new territory.“
The outlook for pork is even worse. The price of bacon is 13 percent higher than it was a year ago, and porcine epidemic diarrhea is absolutely devastating the U.S. pig population…
http://www.prisonplanet.com/why-mea...tinue-soaring-for-the-foreseeable-future.html
Why Meat Prices Are Going To Continue Soaring For The Foreseeable Future
Michael Snyder
American Dream
April 10, 2014
The average price of USDA choice-grade beef has soared to $5.28 a pound, and the average price of a pound of bacon has skyrocketed to $5.46. Unfortunately for those that like to eat meat, this is just the beginning of the price increases.
Due to an absolutely crippling drought that won’t let go of the western half of the country, the total size of the U.S. cattle herd has shrunk for seven years in a row, and it is now the smallest that is has been since 1951. But back in 1951, we had less than half the number of mouths to feed. And a devastating pig virus that has never been seen in the United States before has already killed up to 6 million pigs in this country and continues to spread like wildfire. What all of this means is that the supply of meat is going to be tight for the foreseeable future even as demand for meat continues to go up. This is going to result in much higher prices, and so food is going to put a much larger dent in American family budgets in the months and years to come.
One year ago, the average price of USDA choice-grade beef was $4.91. Now it is up to $5.28, and the Los Angeles Times says that we should not expect prices to come down “any time soon”…
Come grilling season, expect your sirloin steak to come with a hearty side of sticker shock.
Beef prices have reached all-time highs in the U.S. and aren’t expected to come down any time soon.
Extreme weather has thinned the nation’s beef cattle herds to levels last seen in 1951, when there were about half as many mouths to feed in America.
“We’ve seen strong prices before but nothing this extreme,” said Dennis Smith,a commodities brokerfor Archer Financial Services inChicago.“This is really new territory.“
The outlook for pork is even worse. The price of bacon is 13 percent higher than it was a year ago, and porcine epidemic diarrhea is absolutely devastating the U.S. pig population…
A virus never before seen in the U.S. has killed millions of baby pigs in less than a year, and with little known about how it spreads or how to stop it, it’s threatening pork production and pushing up prices by 10 percent or more.
Scientists think porcine epidemic diarrhea, which does not infect humans or other animals, came from China, but they don’t know how it got into the country or spread to 27 states since last May.
It is estimated that up to 6 million pigs may have died already, and it is being projected that U.S. pork production could be down by 7 percent this year. That would be the largest decline in more than 30 years.
But even if someone brought an end to this pig virus tomorrow, we would still be facing a very serious food crisis in this nation.
The reason for this is the multi-year drought which is crippling farming and ranching in much of the western half of the country.
As you can see from the latest U.S. Drought Monitor update, the drought shows no signs of letting up…
Hopefully this drought will end soon.
But I wouldn’t count on it.
In fact, CBS News recently interviewed one scientist that says that the state of California could potentially be facing “a century-long megadrought“…
Scientist Lynn Ingram, author of “The West without Water: What Past Floods, Droughts, and Other Climatic Clues Tell Us about Tomorrow,” uses sediment cores inside tubes to study the history of drought in the West.
“We’ve taken this record back about 3,000 years,” Ingram says.
That record shows California is in one of its driest periods since 1580.
While a three-to-five-year drought is often thought of as being a long drought, Ingram says history shows they can be much longer.
“If we go back several thousand years, we’ve seen that droughts can last over a decade, and in some cases, they can last over a century,” she says.
So what will we do if this drought just keeps going and going and going?
As the article quoted above noted, last century was far wetter than usual. During that time, we built teeming cities in the desert and we farmed vast areas that are usually bone dry…
Scientists say their research shows the 20th century was one of the wettest centuries in the past 1,300 years. During that time, we built massive dams and rerouted rivers. We used abundant water to build major cities and create a $45 billion agriculture industry in a place that used to be a desert.
So what happens if the western half of the country returns to “normal”?
What will we do then?
Meanwhile, drought is devastating many other very important agricultural areas around the world as well. For example, the horrible drought in Brazil could soon send the price of coffee through the roof…
Scientists think porcine epidemic diarrhea, which does not infect humans or other animals, came from China, but they don’t know how it got into the country or spread to 27 states since last May.
It is estimated that up to 6 million pigs may have died already, and it is being projected that U.S. pork production could be down by 7 percent this year. That would be the largest decline in more than 30 years.
But even if someone brought an end to this pig virus tomorrow, we would still be facing a very serious food crisis in this nation.
The reason for this is the multi-year drought which is crippling farming and ranching in much of the western half of the country.
As you can see from the latest U.S. Drought Monitor update, the drought shows no signs of letting up…
Hopefully this drought will end soon.
But I wouldn’t count on it.
In fact, CBS News recently interviewed one scientist that says that the state of California could potentially be facing “a century-long megadrought“…
Scientist Lynn Ingram, author of “The West without Water: What Past Floods, Droughts, and Other Climatic Clues Tell Us about Tomorrow,” uses sediment cores inside tubes to study the history of drought in the West.
“We’ve taken this record back about 3,000 years,” Ingram says.
That record shows California is in one of its driest periods since 1580.
While a three-to-five-year drought is often thought of as being a long drought, Ingram says history shows they can be much longer.
“If we go back several thousand years, we’ve seen that droughts can last over a decade, and in some cases, they can last over a century,” she says.
So what will we do if this drought just keeps going and going and going?
As the article quoted above noted, last century was far wetter than usual. During that time, we built teeming cities in the desert and we farmed vast areas that are usually bone dry…
Scientists say their research shows the 20th century was one of the wettest centuries in the past 1,300 years. During that time, we built massive dams and rerouted rivers. We used abundant water to build major cities and create a $45 billion agriculture industry in a place that used to be a desert.
So what happens if the western half of the country returns to “normal”?
What will we do then?
Meanwhile, drought is devastating many other very important agricultural areas around the world as well. For example, the horrible drought in Brazil could soon send the price of coffee through the roof…
Coffee futures prices are up more than 75 percent this year due to a lack of appreciable rain in the coffee growing region of eastern Brazil during January and February, which are critical months for plant development, according to theInternational Coffee Organization, a London-based trade group.
At this point, 142 Brazilian cities are rationing water, and it wouldn’t just be coffee that would be affected by this drought. As a recent RT article explained, Brazil is one of the leading exporters in a number of key agricultural categories…
At this point, 142 Brazilian cities are rationing water, and it wouldn’t just be coffee that would be affected by this drought. As a recent RT article explained, Brazil is one of the leading exporters in a number of key agricultural categories…
Over 140 Brazilian cities have been pushed to ration water during the worst drought on record, according to a survey conducted by the country’s leading newspaper. Some neighborhoods only receive water once every three days.
Water is being rationed to nearly 6 million people living in a total of 142 cities across 11 states in Brazil, the world’s leading exporter of soybeans, coffee, orange juice, sugar and beef. Water supply companies told the Folha de S. Paulo newspaper that the country’s reservoirs, rivers and streams are the driest they have been in 20 years. A record heat wave could raise energy prices and damage crops.
Some neighborhoods in the city of Itu in Sao Paulo state (which accounts for one-quarter of Brazil’s population and one-third of its GDP), only receive water once every three days, for a total of 13 hours.
Most people just assume that we will always have massive quantities of cheap, affordable food in our supermarkets.
But just because that has been the case for as long as most of us can remember, that does not mean that it will always be true.
Times are changing, and food prices are already starting to move upward aggressively.
Yes, let us hope for the best, but let us also prepare for the worst.
Water is being rationed to nearly 6 million people living in a total of 142 cities across 11 states in Brazil, the world’s leading exporter of soybeans, coffee, orange juice, sugar and beef. Water supply companies told the Folha de S. Paulo newspaper that the country’s reservoirs, rivers and streams are the driest they have been in 20 years. A record heat wave could raise energy prices and damage crops.
Some neighborhoods in the city of Itu in Sao Paulo state (which accounts for one-quarter of Brazil’s population and one-third of its GDP), only receive water once every three days, for a total of 13 hours.
Most people just assume that we will always have massive quantities of cheap, affordable food in our supermarkets.
But just because that has been the case for as long as most of us can remember, that does not mean that it will always be true.
Times are changing, and food prices are already starting to move upward aggressively.
Yes, let us hope for the best, but let us also prepare for the worst.
Domingo Halliburton
Handmade in USA
you should of put this in Higher Learning a couple guys in there would debate inflation and government policy endlessly with you
Here's the deal with inflation, it's not just the stock of money that counts, but the flow too.
I know a lot of folks cite quantitative easing, the Federal Reserve's current policy of buying bonds, and the subsequent expected inflation as a concern. That concern is not unfounded but, at least for now, unnecessary.
First off, Ben Bernanke and Janet Yellen have heard of inflation. If I remember correctly, Bernanke was especially concerned with inflation during the months of the collapse and essentially 'missed the ball' in implementing QE policies because they were more worried about causing stagflation (high inflation and lower growth). But hindsight is 20/20 and all that.
What is happening with that QE money? Well it's basically just sitting. Banks aren't giving out loans like they used to. They now earn interest on reserves so it just sits. Stock doesn't matter much unless there's flow. Now can that become a problem? Absolutely. Do you think that the folks at the Fed don't know this? They in many respects think about it too much. Lots of minutes during meetings devoted to talk about inflation, not growth.
They've begun tapering QE and that signals that the economy isn't going to get a whole lot better than what it is right now. Current unemployment rate is 6.7%. Don't expect to see it back in the 4s or 5s for the foreseeable future. Now as far as inflation, if and when that money the banks are holding starts to flow, the Fed will look to soak it back up. How do they do this? Sell those bonds they are holding right now.
I know a lot of folks cite quantitative easing, the Federal Reserve's current policy of buying bonds, and the subsequent expected inflation as a concern. That concern is not unfounded but, at least for now, unnecessary.
First off, Ben Bernanke and Janet Yellen have heard of inflation. If I remember correctly, Bernanke was especially concerned with inflation during the months of the collapse and essentially 'missed the ball' in implementing QE policies because they were more worried about causing stagflation (high inflation and lower growth). But hindsight is 20/20 and all that.
What is happening with that QE money? Well it's basically just sitting. Banks aren't giving out loans like they used to. They now earn interest on reserves so it just sits. Stock doesn't matter much unless there's flow. Now can that become a problem? Absolutely. Do you think that the folks at the Fed don't know this? They in many respects think about it too much. Lots of minutes during meetings devoted to talk about inflation, not growth.
They've begun tapering QE and that signals that the economy isn't going to get a whole lot better than what it is right now. Current unemployment rate is 6.7%. Don't expect to see it back in the 4s or 5s for the foreseeable future. Now as far as inflation, if and when that money the banks are holding starts to flow, the Fed will look to soak it back up. How do they do this? Sell those bonds they are holding right now.
newworldafro
DeeperThanRapBiggerThanHH
What do you know about the Petrodollar/PetroYuan???
My layman understanding is that this is realer than real deal Holyfield.....
Long story short....a decades long agreement has been for all countries to pay for petroleum in U.S. dollars. Hence, the VALUE of DOLLARS among countries seeking oil has remained high for decades out of necessity, since that is the only way they could pay for oil. However, because of geo-political and econonic shenanigins....countries are making agreements to not use the U.S. dollars....and potentially go the PetroYuan(China) or other major currencies.
THAT MEANS: the potential for a flood of dollars to come back to the U.S., b/se they will be in less demand will contribute to inflation.
Look at the current news and tell me what you see (Keep in mind MSM won't post this information)....
This is not the only thing that can pump up inflation, as I posted in post #2. Trying to keep this thread understandable to the laybreh .....
newworldafro
DeeperThanRapBiggerThanHH
HEY MODS move this to HL thanks 
Soaring Food Inflation Full Frontal: Beef, Pork And Shrimp Prices Soar To Record Highs | Zero Hedge
Soaring Food Inflation Full Frontal: Beef, Pork And Shrimp Prices Soar To Record Highs
Submitted by Tyler Durden on 04/15/2014 17:29 -0400
Prices for shrimp have jumped to a 14-year high in recent months, spurred by a disease that’s ravaging the crustacean’s population. At Noodles & Co., a chain with locations across the country, it costs 29 percent more to add the shellfish to pastas this year, and shrimp-heavy dishes at places like the Cheesecake Factory Inc. are going up as well.
Restaurant chains, already struggling with shaky U.S. consumer confidence, are taking a profit hit as prices climb. Even worse, the surge is happening during the season of Lent, when eateries rely on seafood to lure Christian diners who abstain from chicken, beef and pork on certain days.
“It’s coming at a tough time for the industry,” said Andrew Barish, a San Francisco-based analyst at Jefferies LLC. “With the Lenten season, what you’ll see out there is a lot of promotions with seafood, and usually shrimp is a big part of that.”
In March, shrimp prices jumped 61 percent from a year earlier, according to the U.S. Bureau of Labor Statistics. The climb is mainly due to a bacterial disease known as early mortality syndrome. While the ailment has no effect on humans, it’s wreaking havoc on young shrimp farmed in Southeast Asia, shrinking supplies.
***
James Johnson, a Jewel-Osco supermarket shopper in Chicago, has noticed the price increase. He’s been cutting back on one of his favorite dishes -- shrimp and potato soup -- because of the cost.
“I haven’t made it in a while,” the 29-year-old said. “Shrimp looks expensive.”
***
At Noodles, it now costs $3.34 to add the shellfish to a meal of pasta or pad thai, compared with $2.59 last year.
“We still want to at least offer it as choice,” Chief Executive Officer Kevin Reddy said in a phone interview. “As soon as the costs begin to normalize, we’ll return to the regular price.”
Ah yes, because retailers are always so willing to lower costs...
So for all those whose sustenance includes iPads and LCD TVs, or heaven forbid the pink slime known as fast food - you are in luck: the BLS' hedonic adjustments mean the rate of price increase in your daily consumption has rarely been lower. For everyone else: our condolences.
newworldafro
DeeperThanRapBiggerThanHH
U.S. food prices up 19 percent in 2014; increasing inflation feared
U.S. food prices up 19 percent in 2014; increasing inflation feared
Monday, April 14, 2014 by: J. D. Heyes
Tags: increasing food prices, California drought, subsidized crops
NaturalNews) Despite proclamations that the "economy is improving" and that "unemployment is down," one thing is evident and that is - for a number of reasons - food costs are soaring, and as they do, those most vulnerable, like the poor, the elderly and those earning the lowest wages, are being hurt the most.
"We are sure the weather is to blame but what happens when pent-up demand (from a frosty east coast emerging from its hibernation) bumps up against a drought-stricken west coast unable to plant to meet that demand? The spot price (not futures speculation-driven) of US Foodstuffs is the best performing asset in 2014 - up a staggering 19 percent," notes Tyler Durden over at Zero Hedge.
In February, the site gave voice to a sort of prelude to the aforementioned scenario, in publishing a post by Michael Snyder of The Economic Collapse blog:
Did you know that the U.S. state that produces the most vegetables is going through the worst drought it has ever experienced and that the size of the total U.S. cattle herd is now the smallest that it has been since 1951? Just the other day, a CBS News article boldly declared that "food prices soar as incomes stand still," but the truth is that this is only just the beginning. If the drought that has been devastating farmers and ranchers out west continues, we are going to see prices for meat, fruits and vegetables soar into the stratosphere.
A number of factors are leading to price increases
Sure, prices are up because California's drought is limiting supply. Some have even said that commodities prices are being pushed upward by speculators on Wall Street; that may be happening to an extent.
But there are a number of other factors that the government doesn't report as having much of an effect at all on food prices (and remember, the government doesn't include "volatile" food and energy prices in its monthly inflation reports).
Speaking of energy, the price of a gallon of fuel, especially diesel fuel, has a lot to do with the prices you pay at the grocery store. Historically, food supplies were more much more local; transportation costs, therefore, were much reduced (and that was during the era of much cheaper fuel). Not anymore; the impact on prices that California's drought is having demonstrates how vast the U.S. food supply chain has become. With it has come higher transport costs.
Kimberly Amadeo, a U.S. Economy Guide at About.com notes:
Food prices rise in response to high gas prices. That's because transportation is a large cost of food you buy at the store. When you notice prices at the pump rising, expect to see the same thing happen in about six weeks at the grocery store. High gas prices are, themselves, usually caused by high oil prices. Here again, it usually takes about six weeks for increases in oil futures to translate to the pump.
U.S. food prices up 19 percent in 2014; increasing inflation feared
Monday, April 14, 2014 by: J. D. Heyes
Tags: increasing food prices, California drought, subsidized crops
NaturalNews) Despite proclamations that the "economy is improving" and that "unemployment is down," one thing is evident and that is - for a number of reasons - food costs are soaring, and as they do, those most vulnerable, like the poor, the elderly and those earning the lowest wages, are being hurt the most.
"We are sure the weather is to blame but what happens when pent-up demand (from a frosty east coast emerging from its hibernation) bumps up against a drought-stricken west coast unable to plant to meet that demand? The spot price (not futures speculation-driven) of US Foodstuffs is the best performing asset in 2014 - up a staggering 19 percent," notes Tyler Durden over at Zero Hedge.
In February, the site gave voice to a sort of prelude to the aforementioned scenario, in publishing a post by Michael Snyder of The Economic Collapse blog:
Did you know that the U.S. state that produces the most vegetables is going through the worst drought it has ever experienced and that the size of the total U.S. cattle herd is now the smallest that it has been since 1951? Just the other day, a CBS News article boldly declared that "food prices soar as incomes stand still," but the truth is that this is only just the beginning. If the drought that has been devastating farmers and ranchers out west continues, we are going to see prices for meat, fruits and vegetables soar into the stratosphere.
A number of factors are leading to price increases
Sure, prices are up because California's drought is limiting supply. Some have even said that commodities prices are being pushed upward by speculators on Wall Street; that may be happening to an extent.
But there are a number of other factors that the government doesn't report as having much of an effect at all on food prices (and remember, the government doesn't include "volatile" food and energy prices in its monthly inflation reports).
Speaking of energy, the price of a gallon of fuel, especially diesel fuel, has a lot to do with the prices you pay at the grocery store. Historically, food supplies were more much more local; transportation costs, therefore, were much reduced (and that was during the era of much cheaper fuel). Not anymore; the impact on prices that California's drought is having demonstrates how vast the U.S. food supply chain has become. With it has come higher transport costs.
Kimberly Amadeo, a U.S. Economy Guide at About.com notes:
Food prices rise in response to high gas prices. That's because transportation is a large cost of food you buy at the store. When you notice prices at the pump rising, expect to see the same thing happen in about six weeks at the grocery store. High gas prices are, themselves, usually caused by high oil prices. Here again, it usually takes about six weeks for increases in oil futures to translate to the pump.
newworldafro
DeeperThanRapBiggerThanHH
newworldafro
DeeperThanRapBiggerThanHH
(Jim Willie aka Golden Jackass spits that real fiyah
)