DBA FOOD INFLATION MAJOR BREAK OUT?
I first warned about food inflation just prior to the Pandemic in Dec 2019.
This time it is far more significant break out since aggs are breaking a 13 year trendline.
While we think of our supermarket and take out food costs, the reality is that social unrest
in various parts of the world tends to break out. Arab spring occurred last time. As a rule of thumb
Social unrest occurs when food to income exceeds 60%.
Inflation is far more destructive the most people understand. I'll stop here.
This time it is far more significant break out since aggs are breaking a 13 year trendline.
While we think of our supermarket and take out food costs, the reality is that social unrest
in various parts of the world tends to break out. Arab spring occurred last time. As a rule of thumb
Social unrest occurs when food to income exceeds 60%.
Inflation is far more destructive the most people understand. I'll stop here.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
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