With all the talk about $4 a gallon gas and the crisis in the Middle East, the specter of surging food prices has gotten pushed to the background.
That’s a mistake, considering that the struggle to put food on the table is what generated the riots in the first place. In the US we focus so much on gas because of the way higher transportation costs infect every sector of the economy, but rising grocery costs are a major threat as well.
No Inflation? That's Not What Food Prices Are Saying - CNBC
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Seeded on Sat Apr 7, 2012 5:53 AM

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