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I decided to push out this podcast before the second part of the Bug Back podcast because I thought it was important enough for you to get this info now.  Here’s a snippet from the National Inflation Association (NIA) about what we can expect prices to look like in the near future due to QE2:

“NIA projects that at the average U.S. grocery store it will soon cost $11.43 for one ear of corn, $23.05 for a 24 oz loaf of wheat bread, $62.21 for a 32 oz package of Domino Granulated Sugar, $24.31 for a 32 fl oz container of soy milk, $77.71 for a 11.30 oz container of Folgers Classic Roast Coffee, $45.71 for a 64 fl oz container of Minute Maid Orange Juice, and $15.50 for a Hershey’s Milk Chocolate 1.55 oz candy bar. NIA also projects that by the end of this decade, a plain white men’s cotton t-shirt at Wal-Mart will cost $55.57.”

You can read the entire article here.

This is the topic for this week’s podcast.

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This entry was posted on Thursday, November 11th, 2010 at 2:01 pm and is filed under Economy, Financial, Food Storage, Preparedness, Preparedness Podcast, Rob, Why we Prep. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.