Ben Bernanke hates the poor and middle class.
And he's just getting started. Inflation will roar. And the little guy, as always, gets killed.
Maybe you should have your employer pay you in eggs or milk, instead of dollars.
Want a tip? DBA. 25% wheat, 25% soy beans, 25% sugar, 25% corn. It's gonna take a lot more of those worthless dollars to buy that Denny's Grand Slam and ramen noodles too. Or even fill up your tank to go buy groceries.
Why? Because Ben Bernanke hates you.
Industry analysts and some economists fear the strain will get worse as people are hit with higher home heating bills this winter and mortgage rates go up.
Food costs have increased 4.5 percent over the past 12 months, partly because of higher fuel costs. Egg prices were 44 percent higher, while milk was up 21.3 percent over the past 12 months to nearly $4 a gallon, according to the Bureau of Labor Statistics.
The average family of four is spending $7 to $10 extra a week — $40 more a month — on groceries alone, compared to a year ago, according to retail consultant Burt Flickinger III.