Foodflation – Since QE3, Breakfast Is Up Over 24%

Having pointed out the ‘surges’ in the cost of your 4th of July burger at the behest of Greenspan and Bernanke, we thought a reflection on the soaring costs of ‘the most important meal of the day’ were in order. As the following chart illustrates in words and pictures even a PhD Fed economist or CNBC pretend-economist could understand – food-flation is here from breakfast through dinner (no matter how many iPads we try and eat).

 

 

h/t $hane Obata @sobata416




via Zero Hedge http://ift.tt/VwkVwG Tyler Durden

Leave a Reply

Your email address will not be published. Required fields are marked *