Soup going higher.

[LightRoasted]

For your consideration ...

Look a real food inflation chart. Which is only a 1130% increase over the years.

The Cost Of Soup Is About To Soar Even Higher; Thank President Biden | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[OccamsRazor]

Always amazes me that the price of something can remain constant for 75 YEARS and then in a matter of 30 years it goes up 1000%

 

[jrt_ms1995]

Always amazes me that the price of something can remain constant for 75 YEARS and then in a matter of 30 years it goes up 1000%

When was it we went off the gold standard? Maybe right around the time that curve started upward?

 

[OccamsRazor]

When was it we went off the gold standard? Maybe right around the time that curve started upward?

The US departure from the gold standard actually started in the 1930s. Didn't actually finish until 1970s.

 

[Clem72]

Always amazes me that the price of something can remain constant for 75 YEARS and then in a matter of 30 years it goes up 1000%

There was a decent amount of inflation during that time (between 600-700% depending on whose calculator you use), I can only assume Cambell's found ways to lower their costs in equal proportion during that span.

 

[LightRoasted]

For your consideration ...

When was it we went off the gold standard? Maybe right around the time that curve started upward?

Nixon, contrary to the Bretton Woods agreement, "temporarily" ended the convertibility of US dollars to gold on Aug. 15, 1971. When countries felt they had too many dollars accumulated from trade/commerce, or just simply wanted gold, they could trade those US dollars for our gold set at $35 to the ounce. If one were to look at near any inflation chart, the line goes near parabolic since 1971. On that day, Aug. 15, 1971, our currency became worthless pieces of paper backed by absolutely nothing. Though today, its use is forced upon other countries backed by our military. One reason we have bases and a military presence all over the world and in nearly every country. Also called the US dollar hegemony. And technically? It really shouldn't be called a reserve currency, since there are no reserves of anything to back them up with, with which a county could trade them for. Well, except for our businesses, farms, lands, etc.. Kinda like what China is doing with their US dollars; re: the purchase of Smithfield Foods, lands around military installations, etc..

Why did ShuangHui decide to take over Smithfield? ShuangHui, [China], was deemed the best fit because it was willing to pay the most and offered Smithfield an inroad to China, ... Easy to do when they are sitting on hundreds of billions of trade dollars. Aka, other potential buyers were outbid.

Though really, we went off a true gold, or bi-metal, standard when the Federal Reserve Act was passed in 1913.

 

[vraiblonde]

I'm pretty sure a can of Campbell's tomato soup is more than $1.28 regular price. A better gasper is looking at the price of meat today vs. 4 years ago.

 

[mitzi]

I'm pretty sure a can of Campbell's tomato soup is more than $1.28 regular price. A better gasper is looking at the price of meat today vs. 4 years ago.

All of Campbell's soup has GMOs. I'll never buy it again.

 

[TPD]

I’m sure 90% of our food supply is now GMO.

 

[Kinnakeet]

The US departure from the gold standard actually started in the 1930s. Didn't actually finish until 1970s.

JFK wanted to bring back the gold standard

 

[rio]

I’m sure 90% of our food supply is now GMO.

And a lot of it in a good way. Some crops are more pest and disease resistant because of being GMO. Not all GMO is bad, just like being "organic" isn't always as good as it sounds.

 

[Sneakers]

And a lot of it in a good way. Some crops are more pest and disease resistant because of being GMO. Not all GMO is bad, just like being "organic" isn't always as good as it sounds.

The resistance is good, but all flavor and real original nutrition have been bred out. I cite tomatoes as an example.

And I've always thought the "organic" label was ridiculous. There are many naturally occurring compounds in nature that are organic, but deadly.
Benzene, Toluene, Cyanide....

 

[GURPS]

just like being "organic" isn't always as good as it sounds.

Organic is no more ' healthy ' in vitamins and minerals than non organic, that is just an excuse to change 4x as much

 

[LightRoasted]

For your consideration ...

JFK wanted to bring back the gold standard

Actually, he was trying to bring back constitutional money by creating a US issued currency backed by, and redeemable in, silver dollars, by authorizing the US Treasury to do so. He did this with Executive Order 11110 signed on June 4, 1963. However this idea, order, was in direct competition with Federal Reserve Notes, which he wanted to replace with US Silver Certificates. Which of course did not go over well with the Federal Reserve owners, monopolists, maniacal international psychopaths, are like this. He was assassinated five months later, on November 22, 1963. Then, after his assignation, only four months later in March of 1964, redemption of silver certificates for silver dollars was halted. Soon after, silver altogether was removed from our coinage. The factual timeline sure sounds conspiratorial, doesn't it?

But remember .... There was, we still had, a quasi gold backing system still in place at the time Kennedy was President, through the Bretton Woods agreement that pegged the US Dollar to $35 to an ounce of gold, that kept the dollar pretty much stable here, and with import/export trading countries. Of course the Bretton Woods agreement was not for the people, as we could not redeem our dollars for gold, since all US gold certificates were pulled from circulation, and any held by people that still had them could not redeem them.

Kennedy was trying to do something for, and for the benefit of, the American people, and it got him killed. Kinda akin to what is happening with Trump becasue he was, (and is till trying), putting the America people, and their interests first.

The resistance is good, but all flavor and real original nutrition have been bred out. I cite tomatoes as an example.

Nutrition hasn't been bred out. It's that the soil used to grow these, and other vegetables, has been extremely depleted of all minerals and nutrients. Farmers do not use natural organic composted materiel anymore, relying solely on chemical fertilizers. That's why garden grown vegetables taste so much better. Because good gardeners, know the value of composting and replenishing the soil with natural organic materiel.

In Germany, many farmers that also raise livestock, save the excrement and compost it for a while, along with the urine that is stored in underground tanks, then some spring, they spread it over their fields. Replenishing the soil with a natural fertilizer.

 

[Kinnakeet]

For your consideration ...



Actually, he was trying to bring back constitutional money by creating a US issued currency backed by, and redeemable in, silver dollars, by authorizing the US Treasury to do so. He did this with Executive Order 11110 signed on June 4, 1963. However this idea, order, was in direct competition with Federal Reserve Notes, which he wanted to replace with US Silver Certificates. Which of course did not go over well with the Federal Reserve owners, monopolists, maniacal international psychopaths, are like this. He was assassinated five months later, on November 22, 1963. Then, after his assignation, only four months later in March of 1964, redemption of silver certificates for silver dollars was halted. Soon after, silver altogether was removed from our coinage. The factual timeline sure sounds conspiratorial, doesn't it?

But remember .... There was, we still had, a quasi gold backing system still in place at the time Kennedy was President, through the Bretton Woods agreement that pegged the US Dollar to $35 to an ounce of gold, that kept the dollar pretty much stable here, and with import/export trading countries. Of course the Bretton Woods agreement was not for the people, as we could not redeem our dollars for gold, since all US gold certificates were pulled from circulation, and any held by people that still had them could not redeem them.

Kennedy was trying to do something for, and for the benefit of, the American people, and it got him killed. Kinda akin to what is happening with Trump becasue he was, (and is till trying), putting the America people, and their interests first.



Nutrition hasn't been bred out. It's that the soil used to grow these, and other vegetables, has been extremely depleted of all minerals and nutrients. Farmers do not use natural organic composted materiel anymore, relying solely on chemical fertilizers. That's why garden grown vegetables taste so much better. Because good gardeners, know the value of composting and replenishing the soil with natural organic materiel.

In Germany, many farmers that also raise livestock, save the excrement and compost it for a while, along with the urine that is stored in underground tanks, then some spring, they spread it over their fields. Replenishing the soil with a natural fertilizer.

So its probably safe to say after JFK was murdered money started going down hill

 

[LightRoasted]

For your consideration ...

I'm pretty sure a can of Campbell's tomato soup is more than $1.28 regular price. A better gasper is looking at the price of meat today vs. 4 years ago.

That was the stated average price that was listed. Here a good visual of price inflation due to the expansion of the money supply that devalues the dollar. Oh, and prior to 1998? Just add another cart. And long before that, such as in the 70's? Add a couple more carts loaded full of food for the same $20. And, remember the time before the election was rigged and stolen when bacon was about $2.99lb? And now is $8.99lb? Just seen the other day, 1lb sausage rolls are now going for $6.99lb or higher. Hamburger is now $6.99lb as well.

 

[Clem72]

For your consideration ...



That was the stated average price that was listed. Here a good visual of price inflation due to the expansion of the money supply that devalues the dollar. Oh, and prior to 1998? Just add another cart. And long before that, such as in the 70's? Add a couple more carts loaded full of food for the same $20. And, remember the time before the election was rigged and stolen when bacon was about $2.99lb? And now is $8.99lb? Just seen the other day, 1lb sausage rolls are now going for $6.99lb or higher. Hamburger is now $6.99lb as well.

View attachment 172262

Most of us are old enough to remember grocery shopping in the 90s (and the 80s, and the 70s). I always buy "about a cart" worth of groceries at a time. Is usually 90-110 now, was 75-85 pre-pandemic. In 1998 it was right around $50-55, but I shopped more often having more mouths to feed, certainly not $20. Wasn't $20 in 1989 either (more like $35). Maybe 1979, though my recollection is not as good and I was buying more frugally priced stuff. I remember paying $0.10 a loaf for wonderbread at the day-old bread store (had twinkies for ten cents too).

Bacon has been $4-5 a lb for the cheap stuff (store brand, or gwaltneys, etc.) for a decade before this last election, rarely $2.99 unless you were buying 12 ounce packages. It was higher last year though I never paid more than $6, but already back down around $3-4 now for the cheap brands and $5-6 for the good stuff.