CHAOS: Turkey Prices Up 41%, Home Heating Oil Up 115%, Food Prices Up 10.5%
“If you want a picture of the future, imagine a boot stamping on a human face—for ever.” ― 1984
22% of all U.S. Dollars were created in 2020 alone? Read that again. 1/5th of all U.S. Dollars were created in 2020. The shit has yet to hit the fan.
No Thanks! Turkey Prices Up 41%, Home Heating Oil Up 115%, Food Prices Up 10.5%
Thanksgiving 2021 is shaping up to be the most expensive in history.
Prices of processed turkeys are up 40.7 percent compared with a year ago, data from the Department of Labor’s Producer Price Index showed Tuesday. That’s even after falling a seasonally adjusted one percent in October.
By: Breitbart News, November 10, 2021:
It may be hard to even find turkeys in some parts of the country this year. The Wall Street Journal reported that turkeys were 60 percent out of stock. Cranberries, yams, and sweet potatoes are also low in stock.
Grain prices are 40.8 percent higher than a year ago, driving up the prices of our largely grain-fed turkey crop. Beef and veal prices are up 41.5 percent compared with a year ago. Overall, food prices are running 10.5 percent higher than a year ago.Getting to the family Thanksgiving will be costlier with gasoline prices are up close to 90 percent, according to the Producer Price Index. Airfares, fortunately for passengers, are near where they were a year ago and still well below pre-pandemic levels.
Home heating oil is up 114.8 percent. Residential natural gas prices are up 28.7 percent. Residential electricity prices are up 5.6 percent.
Overall, the Producer Price Index—which measures prices from the point of view of sellers—is up 8.6 percent compared with a year ago, tying the record high set last month.
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EDITORS NOTE: This Geller Report column is republished with permission. ©All rights reserved.
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