Article

2020-05-15 Economy

Grocery Prices Spike – Highest Monthly Jump Since 1974

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Posted by Besoeker 2020-05-15 03:12|| || Front Page|| [11134 views ] Top

#1 Somebody has to pay for those highly publicized virtue signaling, box store employee bonuses.

Posted by Besoeker 2020-05-15 03:21|| 2020-05-15 03:21|| Front Page Top

#2 A price for using third world labor force in meat packing plants?

Posted by g(r)omgoru 2020-05-15 06:08|| 2020-05-15 06:08|| Front Page Top

#3 What were people eating then?

It's not like demand for food calories has increased...

Something not adding up here..

Restaurant food is the most expensive way of eating and we are eating far less of that.

Therefore Real food price inflation would be falling heavily.

Posted by Bright Pebbles 2020-05-15 07:01|| 2020-05-15 07:01|| Front Page Top

#4 2% +/- = Get a grip

Posted by Frank G 2020-05-15 09:27|| 2020-05-15 09:27|| Front Page Top

#5 Typical ZH headline: Markets Crash (only up 227 points)

Posted by M. Murcek 2020-05-15 10:48|| 2020-05-15 10:48|| Front Page Top

#6 Besoeker, those aren't virtue signaling. Grocers hit their annual projections during the first couple weeks of this. They're rewarding employees who are hanging on through all the work.

See also the hiring they're doing. Kroger has hired 100,000 since this all started. I believe Walmart has hired even more.

Posted by Rob Crawford 2020-05-15 23:03|| 2020-05-15 23:03|| Front Page Top

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