I predicted this months ago on Twitter and while several said I was wrong, I was actually correct. Food prices are rising with the rise in oil prices.
Food prices worldwide continued to rise in February, and the recent spike in oil prices could push food costs even higher in the months ahead, according to a report from the United Nations.
Wheat, dairy products and meat are on the rise.
What’s really scary is inflation from our over-spending president hasn’t even started to rear its ugly head. We could be looking at the Jimmy Carter Misery Index all over again.