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<p>[QUOTE="Clawcoins, post: 3160266, member: 77814"]You forgot debt as a market driving force; sooner or later.</p><p><br /></p><p>The USD *is* the World currency that the banks, oil market, PM markets, et all trade on. So there are many reasons there is a run to the US Dollar. China is trying to convert their part of the world to the same situation but on their Yuan.</p><p><br /></p><p>Many ppl see CPI lump "food" as one category in many summarized charts of 8 major categories.</p><p><br /></p><p>But CPI contains, as separate categories a whole range of *separate* food products, such as (all as separate line items in CPI calculations):</p><p>coffee; frozen/freeze dried foods; juices & drinks, carbonated drinks; sugar/sweeteners; apples; fats/oils / butter; frozen fruits/veggies; snacks; other diary/related products; butter and margarine; milk; flours; salad dressings ;sweets; soups; cereals; ice cream; bananas; bakery products; pork chops; wine, etc etc etc.</p><p><br /></p><p>I haven't added it up, but I would guess that the "food" component of the CPI has far more categories that most ppl would clump into a single category of "food" than any other related categories.</p><p><br /></p><p>The problem is, of course, there are certain categories that have a much more profound effect on CPI than the other categories, such as home prices, gasoline prices, physician services, prescription drugs, cars, airline, etc. This as ppl will spend more money, stereotypically, on those categories than food.</p><p><br /></p><p>For those interested, the CPI numbers are not just released for the country as a whole but are also released for regions too. Which can be obtained on this webpage: <a href="https://www.bls.gov/regions/subjects/consumer-price-indexes.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.bls.gov/regions/subjects/consumer-price-indexes.htm" rel="nofollow">https://www.bls.gov/regions/subjects/consumer-price-indexes.htm</a></p><p><br /></p><p><br /></p><p>Of course, I look at food prices as fairly stable excluding the recent market turmoil. It's the logistics portion of food costs that are mostly being driven up for various reasons, which of course are reflected in the price at the checkout.</p><p>==> <a href="https://www.ttnews.com/articles/truck-driver-shortage-spurs-rising-prices-delayed-deliveries" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.ttnews.com/articles/truck-driver-shortage-spurs-rising-prices-delayed-deliveries" rel="nofollow">https://www.ttnews.com/articles/truck-driver-shortage-spurs-rising-prices-delayed-deliveries</a></p><p><br /></p><p>Generally speaking. a logistics/transportation increase of 10% accounts for roughly a 1% increase in inflation because it affects literally everything.</p><p>==> <a href="https://www.ttnews.com/articles/why-trucking-shortage-costing-you" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.ttnews.com/articles/why-trucking-shortage-costing-you" rel="nofollow">https://www.ttnews.com/articles/why-trucking-shortage-costing-you</a></p><p><br /></p><p>more companies are driven to using the "spot" market for logistics, which is even more costly than the general contracts. etc. Unlike PMs, the spot market for logistics has been steadily driving up A LOT !! .. 30-50+%[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3160266, member: 77814"]You forgot debt as a market driving force; sooner or later. The USD *is* the World currency that the banks, oil market, PM markets, et all trade on. So there are many reasons there is a run to the US Dollar. China is trying to convert their part of the world to the same situation but on their Yuan. Many ppl see CPI lump "food" as one category in many summarized charts of 8 major categories. But CPI contains, as separate categories a whole range of *separate* food products, such as (all as separate line items in CPI calculations): coffee; frozen/freeze dried foods; juices & drinks, carbonated drinks; sugar/sweeteners; apples; fats/oils / butter; frozen fruits/veggies; snacks; other diary/related products; butter and margarine; milk; flours; salad dressings ;sweets; soups; cereals; ice cream; bananas; bakery products; pork chops; wine, etc etc etc. I haven't added it up, but I would guess that the "food" component of the CPI has far more categories that most ppl would clump into a single category of "food" than any other related categories. The problem is, of course, there are certain categories that have a much more profound effect on CPI than the other categories, such as home prices, gasoline prices, physician services, prescription drugs, cars, airline, etc. This as ppl will spend more money, stereotypically, on those categories than food. For those interested, the CPI numbers are not just released for the country as a whole but are also released for regions too. Which can be obtained on this webpage: [url]https://www.bls.gov/regions/subjects/consumer-price-indexes.htm[/url] Of course, I look at food prices as fairly stable excluding the recent market turmoil. It's the logistics portion of food costs that are mostly being driven up for various reasons, which of course are reflected in the price at the checkout. ==> [url]https://www.ttnews.com/articles/truck-driver-shortage-spurs-rising-prices-delayed-deliveries[/url] Generally speaking. a logistics/transportation increase of 10% accounts for roughly a 1% increase in inflation because it affects literally everything. ==> [url]https://www.ttnews.com/articles/why-trucking-shortage-costing-you[/url] more companies are driven to using the "spot" market for logistics, which is even more costly than the general contracts. etc. Unlike PMs, the spot market for logistics has been steadily driving up A LOT !! .. 30-50+%[/QUOTE]
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