Quote:
Originally Posted by Gourmet Greg
That reminds me of when I liked chicken livers while almost nobody else did. I'd get 'em for maybe 29 cents a pound. Now they've been "discovered" and are expensive like everything else.
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This page (Scroll down), shows that food prices have increased to 20 times the average costs in 1960.
They almsot GAVE dried beans away in 1960. Now what used to be a huge 20 pound sack costs the same as one pound of them now.
When will producers figgure out that inflation doesn't work?
1. Increase food costs to meet cost of living increase.
2. Workers demand higher wages to compensate for food cost increase.
3. Repeat step one and two forever.