@ZeroCool@slrpnk.net to Lemmy Shitpost@lemmy.world • 7 months agoInflation?i.ibb.coimagemessage-square90fedilinkarrow-up11.33Karrow-down147
arrow-up11.28Karrow-down1imageInflation?i.ibb.co@ZeroCool@slrpnk.net to Lemmy Shitpost@lemmy.world • 7 months agomessage-square90fedilink
minus-square@DragonTypeWyvern@midwest.sociallinkfedilink3•edit-27 months agoSure. The 20% inflation since 2020 is why food prices have doubled.
minus-square@Knock_Knock_Lemmy_In@lemmy.worldlinkfedilink-1•7 months agoDuring the last federal election on Nov. 3, 2020, food inflation was running at just 3.9% annually. Fast forward to March 2024, and the latest data shows food prices have risen a whopping 25.8% since then. Money supply has gone from 15.5 to 21 = +35% over the same period
Sure. The 20% inflation since 2020 is why food prices have doubled.
During the last federal election on Nov. 3, 2020, food inflation was running at just 3.9% annually. Fast forward to March 2024, and the latest data shows food prices have risen a whopping 25.8% since then.
Money supply has gone from 15.5 to 21 = +35% over the same period