{"id":532,"date":"2014-10-24T01:11:38","date_gmt":"2014-10-24T01:11:38","guid":{"rendered":"http:\/\/olduvai.ca\/?p=532"},"modified":"2014-10-24T01:11:38","modified_gmt":"2014-10-24T01:11:38","slug":"low-inflation-the-price-of-ground-beef-has-risen-17-percent-over-the-past-year","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=532","title":{"rendered":"Low Inflation? The Price Of Ground Beef Has Risen 17 Percent Over The Past Year"},"content":{"rendered":"<p><a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/low-inflation-the-price-of-ground-beef-has-risen-17-percent-over-the-past-year\">Low Inflation? The Price Of Ground Beef Has Risen 17 Percent Over The Past Year<\/a>.<\/p>\n<p style=\"display: block; padding: 0px; margin: 1em 0px 1em 0px;\"><a style=\"color: #cc0000; font-weight: bold; text-decoration: underline;\" href=\"http:\/\/theeconomiccollapseblog.com\/archives\/low-inflation-the-price-of-ground-beef-has-risen-17-percent-over-the-past-year\/inflation-public-domain\" rel=\"attachment wp-att-7928\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-7928\" style=\"float: left; margin: 10px 10px 5px 0px; border: 0px initial initial;\" src=\"http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2014\/10\/Inflation-Public-Domain-300x300.jpg\" alt=\"Inflation Public Domain\" width=\"300\" height=\"300\" \/><\/a>Thanks to the Federal Reserve, the middle class is slowly being suffocated by rising food prices.\u00a0 Every single dollar in your wallet is constantly becoming less valuable because of the inflation the Fed systematically creates.\u00a0 And if you try to build wealth by saving money and earning interest on it, you still lose because thanks to the Federal Reserve&#8217;s near zero interest rate policies banks pay next to nothing on savings accounts.\u00a0 The Federal Reserve wants you to either spend your money or to put it in the giant casino that we call the stock market.\u00a0 But when Americans spend their paychecks they are finding that they don&#8217;t stretch as far as they once did.\u00a0 The cost of living continues to rise at a much faster pace than wages are rising, and this is especially true when it comes to the price of food.<\/p>\n<p style=\"display: block; padding: 0px; margin: 1em 0px 1em 0px;\">Someone that I know wrote to me today and let me know that she had to shut down the food pantry that she had been running for the poor for so many years.\u00a0 It isn&#8217;t that she didn&#8217;t want to help the poor anymore.\u00a0 It was that she just couldn&#8217;t deal with the rising food prices any longer.\u00a0 Now she is just doing the best that she can to survive herself.<\/p>\n<p style=\"display: block; padding: 0px; margin: 1em 0px 1em 0px;\">Perhaps you have also noticed that food prices have gotten pretty crazy lately.\u00a0 In particular, meat prices have become absolutely obscene.\u00a0 For example, the average price of ground beef has risen to a new record high\u00a0<a style=\"color: #4f809e; font-weight: bold; text-decoration: none;\" title=\"of over $4.09 a pound\" href=\"http:\/\/cnsnews.com\/news\/article\/ali-meyer\/410-pound-ground-beef-price-climbs-another-record-high\" target=\"_blank\">of over $4.09 a pound<\/a>.\u00a0 Over the past twelve months, that works out to a whopping 17 percent increase&#8230;<\/p>\n<p style=\"display: block; padding: 0px; margin: 1em 0px 1em 0px;\">&#8230;click on the link above to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Low Inflation? The Price Of Ground Beef Has Risen 17 Percent Over The Past Year. Thanks to the Federal Reserve, the middle class is slowly being suffocated by rising food prices.\u00a0 Every single dollar in your wallet is constantly becoming less valuable because of the inflation the Fed systematically creates.\u00a0 And if you try to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[303,305,322,426,431],"class_list":["post-532","post","type-post","status-publish","format-standard","hentry","category-economics","tag-fed","tag-federal-reserve","tag-food-prices","tag-inflation","tag-interest-rates"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=532"}],"version-history":[{"count":0,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/532\/revisions"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}