A loaf of wheat bread may soon cost $23 due to skyrocketing food price inflation

Uh oh — Found on Natural News (be sure to read this article in its entirety too. You’ve been warned about Natural News lies before):

NIA projects that at the average U.S. grocery store it will soon cost $11.43 for one ear of corn, $23.05 for a 24 oz loaf of wheat bread, $62.21 for a 32 oz package of Domino Granulated Sugar, $24.31 for a 32 fl oz container of soy milk, $77.71 for a 11.30 oz container of Folgers Classic Roast Coffee, $45.71 for a 64 fl oz container of Minute Maid Orange Juice, and $15.50 for a Hershey’s Milk Chocolate 1.55 oz candy bar. NIA also projects that by the end of this decade, a plain white men’s cotton t-shirt at Wal-Mart will cost $55.57.[...] Read More

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Financial Collapse Storm Ahead

From Vaughn’s links:

Soon, We’ll All Be $1.8 Trillion ‘Richer’! (Nov. 5, 2010 – Rick’s Picks)

A CNBC talking head, for one, averred that if the Fed buys $600B of U.S. debt, it will produce a “wealth effect” three times as large, or $1.8Tr. We could digress by rolling on the ground, convulsed with laughter, upon hearing that this gargantuan Ponzi scheme is evidently thought by some to create “wealth.” [...] Read More

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