Getting it wrong - must follow the narrative

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Print eight trillion dollars and put them into circulation?  You are going to have huge problems with inflation.  No way around it. Joe did this in one year with the stimulus and the Wuhan Flu funding. Now, it is time to pay the piper and they are casting about looking for someone to blame - PUTIN!!!  Yeah...

From the United Nations Food and Agriculture Organization:

FAO Food Price Index posts significant leap in March
World food commodity prices made a significant leap in March to reach their highest levels ever, as war in the Black Sea region spread shocks through markets for staple grains and vegetable oils, the Food and Agriculture Organization of the United Nations (FAO) reported today.

The FAO Food Price Index averaged 159.3 points in March, up 12.6 percent from February when it had already reached its highest level since its inception in 1990. The Index tracks monthly changes in the international prices of a basket of commonly-traded food commodities. The latest level of the index was 33.6 percent higher than in March 2021.

Of course, Vladimir is to blame - ABC News:

Food prices soar to record levels on Ukraine war disruptions
Prices for food commodities like grains and vegetable oils reached their highest levels ever last month largely because of Russia's war in Ukraine and the “massive supply disruptions” it is causing, threatening millions of people in Africa, the Middle East and elsewhere with hunger and malnourishment, the United Nations said Friday.

Hint for you all:  Sure, Russia's incursion into the deep-state playground of Ukraine certainly has repercussions but the problem was happening long long before this ever started. Go to the links and look at the numbers for yourself.

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This page contains a single entry by DaveH published on April 10, 2022 2:54 PM.

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