Rising Food Costs

Time Magazine just posted an incredible article on the Rising Costs of Food.
"All but the wealthiest readers will have noticed by now that food costs have risen this year. In May grocery prices were 4.4% higher than they were the previous May. If 4.4% doesn't sound like much--you spend $104.40 now for a cartful that was $100 a year ago--it's a huge deal to food producers and to budget shoppers, who are making lots of casseroles. The Department of Agriculture anticipates that grocery prices won't significantly fall before January; if the USDA is right, you would have to go back to 1990 to find a bigger single-year increase." READ MORE

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Muddog American Located An Inflation Calculator 4 U

This is a handy device for checking what exactly the rising costs and inflation are doing to Americans.

Just input your data on initial year, final year, and amount of money and it will calculate for you the effects of inflation on that money.

Visit The Inflation Calculator

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