Normal
Don't jump in before checking the depth.Media is doing what they do best, sharing the bad news. You may be correct, inflation may take off like a rocket and crash the economy and the market, but before we prepare for the end maybe we should research all the information, rather than just the headlines. That was Cathy Wood's point (see video in my above post).I have some relatives in the US, so far I have not heard any complaint about food prices, though I do accept that different states would have different issues. So far a couple of my cousins are only upset about the price of 'gas', Covid restrictions, enforcement of mask wearing and vaccinations, and Biden .We are in uncharted territory, no economist or policy maker has lived through or has an instruction Manuel of what to do during and after a world pandemic that is affecting most aspects of our lives and business.Inflation could continue to climb, or it could jump around affecting different parts of the economy in different ways, it could be a blip and then back to normal. We don't know, so lets not through all our eggs into one basket, at the moment.I am watching with a very keen eye.Meat and chicken, price per kilogramChilled boneless beef 7 - 8 USDPork fillet 4 - 5 USDSliced beef, fillet 6 - 8 USDRibeye beef steaks 9 - 10 USDMarinated beef for barbecue 8 - 11 USDChicken Breasts 3,3 - 4 USDThe whole chicken 2,6 - 3 USDPrices for fish and seafood per 1 kgSalmon filet 17 - 30 USDSalmon steaks 12 USDFillet of catfish 8 USDTuna fillet 28 USDTrout ocean filet 40 USDShrimp 12 - 14 USDCrab 22 USDVegetables and fruitsPrices of vegetables per 1 kgPotato 1 USDOnion 1 - 1,5 USDTomatoes 1 USDBroccoli 0,80 USDPeppers 3 - 5 USDSalad mix 150 gr 3,3 USD[URL unfurl="true"]https://www.globalprice.info/en/?p=usa/food-prices-in-usa[/URL]
Don't jump in before checking the depth.
Media is doing what they do best, sharing the bad news. You may be correct, inflation may take off like a rocket and crash the economy and the market, but before we prepare for the end maybe we should research all the information, rather than just the headlines. That was Cathy Wood's point (see video in my above post).
I have some relatives in the US, so far I have not heard any complaint about food prices, though I do accept that different states would have different issues. So far a couple of my cousins are only upset about the price of 'gas', Covid restrictions, enforcement of mask wearing and vaccinations, and Biden .
We are in uncharted territory, no economist or policy maker has lived through or has an instruction Manuel of what to do during and after a world pandemic that is affecting most aspects of our lives and business.
Inflation could continue to climb, or it could jump around affecting different parts of the economy in different ways, it could be a blip and then back to normal. We don't know, so lets not through all our eggs into one basket, at the moment.
I am watching with a very keen eye.
[URL unfurl="true"]https://www.globalprice.info/en/?p=usa/food-prices-in-usa[/URL]
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