Bread Prices Soar - But Who or What's To Blame?

[LuxLiving]

Bread prices soar but who or what's to blame?

Read the comments section - quite a conglomerate of opinions of who to point the finger at, but not a lot about a real long term solution...


ABC News: Bread Prices Soar but Who's to Blame?

[rob62521]

Like everything, bread prices have gone up in part because fuel prices have gone up. We are a nation that depends on things being transported. It's scary to see how much grocery prices have increased and for many, they will not be able to afford the higher grocery bills as well as fuel bills.

[jc3900]

The source of the problem is a bad monetary system. The reason all commodities have been surging lately is a week dollar and the threat of high inflation. These two problems have been enhanced due to the Fed's easing of interest rates, trying to pump more money into the system. However, when you pump more money into the system, real items like commodities go up in price. The solution is to go back to the gold standard. If you look at the price of commodities in oil and many other commodities in gold, it is nearly flat for the last 50 years!