So, why is "food" so "EXPENSIVE" in today's world???
Well . . . through history . . . "food prices" . . . have always been "volatile" . . . due to weather, drought or flooding . . . pests and fungi invasions . . . or even eating trends . . .
But . . . in recent years . . . especially during the "pandemic" . . . inflation, supply-chain disruptions . . . and even "tariffs" on certain foreign imports . . . have "steadily" INCREASED food prices since 2020.
And I know . . . we're "all" felt this "pain" . . . because according to the Consumer Price Index (CPI) . . . food pricing in just this past year . . . have risen again!!!
They state . . . from March of 2023 to March of 2024 . . . food pricing went up . . . 3.5% . . . and is STILL climbing.
Now . . . let's better understand how we got to where we are today . .
From 2018 to 2019 . . . "inflation" DECLINED to a rate of 1.81% . . .
From 2019 to 2020 . . . inflation DECLINED again to a rate of 1.23% . . .
BUT . . . then the world changed in the new election term of 2020 . . . with things like . . .
The pandemic
Mass cancellations
Lockdowns
The largest economic recession since the Great Depression in the 1930s
Tension flaring between Iran and the US
Oil prices tanking
A new Government in control
Climate disruptions
An increase in racism with . . . rioting and protesting
And with this . . . the inflation rate INCREASED rapidly . . .
From 2020 to 2021 . . . inflation INCREASED to 4.70% . . .
And from 2021 to 2022 . . . inflation INCREASED again to 8.00% . . .
Now . . . in 2022 . . something happen again . . .
Our political office . . . reported that "inflation" . . . had "started" to DECLINE!!!
Whoohoo . . . but, would we see any relief and what was it "really" all about???
Well . . . from 2022 to 2023 . . . inflation DECLINED to a rate of 6.5% . . . from 8.00%
And from 2023 to 2024 . . . inflation DECLINED again to a rate of 3.4% . . .
With 2024 . . . being projected to end with a rate of 3.1% . . .
So, on "paper" . . . and from what's being reported from our political office and news media . . .
IT SOUNDS WONDERFUL!!!
RIGHT MY FRIENDS???
Well . . . many of us . . . "jumped" on that bandwagon . . . thinking and believing our "government" had finally got their "SH__" together . . . and was doing something "GOOD" for us and our country!!!
And many are "NOW" under the impression . . . that due to a "decrease" in "inflation" that's being reported . . . we will "ALSO SEE" . . . a "decrease" in food, interest rate, gas, etc.
BUT . . . IN REALITY my friends. . .
All that a "DECREASE IN INFLATION" really means . . . is that the "rate" of the economy . . . is "RISING" at a "SLOWER RATE" . . .
IT "DOESN'T" MEAN THAT THE "RATE" OF THE ECONOMY IS "DROPPING" . . .
IT JUST MEANS . . . we as consumers will have "less" STICKER SHOCK each time we visit the store . . . or . . . get "GAS"!!!
So . . . all this "good" hype from the "media" and from our government stating that . . .
WHOOHOO . . . INFLATION HAS "DROPPED" . . . WE DID IT . . . WE DID IT!!!!!
Is really all a "smoke show" . . . to make us "think" relief is on its way!!!
So, if your favorite candidate . . . is just saying "inflation" IS DOWN . . . or will be "DOWN" if they're elected . . .
You need to ask the question . . . HOW?????????????
Because "MY" vote will be on the person that can answer that question with confidence . . . and has a real doable "PLAN" that can get us back to where we were 4 years ago before the "pandemic".
So . . . tomorrow, let's continue . . . because you'll be "surprised" . . . at "WHO" is REALLY in charge and in "control" of whether food prices "drop" . . . or "NOT"!
As always, feel free to DM or contact me at: miraclemeadows.net/contact/
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