Retailers to raise prices for thousands of food products in 2022

With the inflation crisis expected to persist well into 2022, multiple large retailers have already announced their plans to raise their prices next year. Earlier this month, Mondelez CEO Dirk Van de Put said that the company’s most popular products like Oreo cookies, Ritz crackers and Sour Patch Kids will be more expensive next year. “We, at the … Continue reading Retailers to raise prices for thousands of food products in 2022

Supply shortages aren’t unintentional – they’re actually planned

Supply chains around the world have been facing shortages in recent months due to several factors. However, book author and blogger Charles Hugh Smith argues that the shortages are actually intended to increase the profits of global companies. He adds that the shortages are designed to prevent potential competitors from entering the market and undermining revenue streams. Smith notes in … Continue reading Supply shortages aren’t unintentional – they’re actually planned

Food prices will climb in 2021 as inflation accelerates

It was supposed to be 14 days, to flatten the curve. But now, nearly a year has passed since state governments first imposed economic controls and travel restrictions on small businesses and “non-essential” people. The repercussions of lock downs, medical tyranny and perpetual spending packages continue to have a ripple effect on the current economic … Continue reading Food prices will climb in 2021 as inflation accelerates