Wednesday, June 1, 2022

Dinner: Rice and Beans, if...

... you can afford it; know how to cook this nutritious, hot meal. The sentence says a lot. Let's start with the purchase as we continue with connecting the dots within our economy and life. According to Oxfan, a global charity, 52 million Americans earn less than $15 an hour. To put that number in perspective that is 32% of our workforce. When you plan meals for the week and your wallet is running on empty, rice and beans is a good option. Get use to it because you will be eating it many, many more times in the near-term. I would suggest checking the internet on the various ways to prepare the meal. The two staples are among the least expensive food items. However, all food costs are rising. Food prices are up 9.4% for April and 8.8% year over year (yoy). 

If you find a recipe to mix up the R&B dinner with chicken, forget about it! A bird flu is causing the culling of millions of hens to which will also increase the cost for eggs. It will get worse!

No Wheat and other Grain Exports

You read that correctly. There are no wheat and other grains coming out of Ukraine which is a very large global supplier. No one wants anything from Russia, but they are also a food exporter. Then, we hear this: India is stopping wheat exports due to fear that the nation won't have enough for its population. Other nations are proposing similar measures. In the US, the drought is holding back food production. We have enough for our nation, but the costs are rising due to inflation on fertilizer, gasoline, diesel is at record pricing and labor. Then, we read this report from the...

FAO 

The Food and Agriculture Organization says food will spike to record levels this year. The war in Europe has already pushed up wheat prices by 36%. This increase will eventually filter to everyone just like the jump in oil prices. The US Department of Agriculture has changed their yearly food price outlook due to world circumstances. It was 2.5%. Now, it is 6%. 

Here Come the Shills

However, the latest inflation reports for April present a different picture. It is one that "Yellen" Yellen is using to claim that inflation has peaked. The shills dominate the media. Goldman says the Fed has done enough. The danger has passed. These are some of the crooks that control our lives. It is another reason why our nation needs a new third political party that is for the people to do like the Founders desired, promote the general welfare. Anyway, let us do a little math to prove that they are liars. The April report says inflation slowed to .02% for the month.They adjusted their overall inflation stance to 6.3% yoy. Then, we have a different picture by the Bureau of Labor Stats (BLS). They adjusted their inflation figure to 8.3% yoy. We, at Evolution say BS! Why, you ask? 

If food jumped for the month in costs by 9.4% and you have to eat everyday, your wallet tells you the truth. Meanwhile, these crooks smile as they say, "Inflation was only .02% higher for the month." You can realize how everything is manipulated. Nothing has peaked like the Fed's lie of "transitory" oil prices. This month of May saw record gas prices for the nation with the average price well over $4 per gallon. The Federal Reserve has destroyed the dollar and our standard of living and the crooks know that, but they need cheap money to continue the game and screw the people. This should lead you to join our meme, End the Fed!   Peace.