Though year-over-year inflation of consumer prices overall cooled to 3.8% in September, food prices increased 5.8% from a year ago, driven by surging prices of bakery products (up 8%), fresh vegetables (7.6%), pasta products (10.8%), and poultry (6.5%).
Food prices have long been a sore spot for Canadians. Even prior to 2023, statistics showed that some 7 million Canadians, including 1.8 million children, were in households struggling to put food on the table.
As inflation continued to drive food prices upward in 2023, consumer outrage quickly mounted.“If I’m paying that much, I hope there’s gold in that chicken,” one user responded to a viral tweet in January showing a $37 price tag on a package of chicken breasts. I beg your pardon pic.twitter.com/3IIlc7xtY6 — Siobhan Morris (@siomoCTV) January 4, 2023 The episode prompted accusations […]
Read the Whole Article From the Source: fee.org
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.