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Author Topic: Milk price to go up 9% in 6 months!  (Read 383 times)

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Offline Matthew

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Milk price to go up 9% in 6 months!
« on: April 03, 2007, 02:16:03 PM »
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  • I don't have a link for you, but here is what someone posted on a forum I frequent.

    He is addressing this to the Fed chairman, Ben Bernanke:


    here's the latest headlines on milk costs...

    "Milk prices expected to rise 9 percent" by fall due to higher feed costs, higher energy costs, and greater demand.

    9 percent in 6 months? Drawn out, that's 18% a year. WTF? The Fed says the core rate of inflation was on the order of 2% and change...I repeat, WTF?

    Mr. Bernanke, why aren't goods that reflect only the core rate of inflation available??? Do they even exist? And what is the substitute product for milk that the CPI is based on...Plaster of Paris dissolved in water?? The latter would definitely meet the RDA for calcium.

    Mr. Bernanke, where are you??? How about taking a few minutes of your precious time to answer these questions and enlighten us common folk with your wisdom??
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