From a Boston Globe article;
Quote:
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This combination of a weak dollar, soaring energy prices, and global demand recalls the 1970s, when retail food prices rose an average of nearly 9 percent a year, said Bill Lapp, president of Advanced Economic Solutions, an Omaha research firm. Over the past year, Lapp said, food prices rose nearly 5 percent, more than double the average rate of the previous 10 years. Prices will rise even faster the next five years, he forecasts, increasing at an annual rate of 7.5 percent.
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Plus, don't you remember tw telling us how produce was skyrocketing last summer? 
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The descent of man ~ Nixon, Friedman, Reagan, Trump.
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