Media downplays rising food prices

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“One of the most expensive items the news media economic cheerleaders wants everyone to ignore is the cost of food 🚨

Unfortunately for them, most Americans still go grocery shopping and the immediate impact of higher food prices on the consumer.

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The chart below is based on the BLS’s own indexing to 1982 dollars and illustrates the sustained, persistent cost of cumulative inflationary pressure:

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Thus the idea that “prices are coming down” is a relative or political concept, not an economic reality”

 


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