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Food Prices

People Are Going to Go Absolutely Insane When Food Prices Double or Triple From Current Levels

by Michael Snyder
August 14, 2022
in Curated, Opinions

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If you think that people are getting pretty crazy now, just wait until the cost of food skyrockets to levels that hardly anyone ever anticipated.  Most people don’t realize this, but to a very large degree we are still eating the food that was grown in 2021.  Unfortunately for all of us, far less food is being grown in 2022 than originally projected, and that is going to cause immense global stress in 2023.  Nightmarish droughts are absolutely devastating crops in the United States and Europe, the major war that is happening on the other side of the globe is greatly restricting the flow of agricultural goods from Ukraine, and the fact that some fertilizers have now more than quadrupled in price is deeply affecting farmers all over the planet.  In 2023, there is going to be a lot less food to go around, and we are all going to pay a lot more for it.  Needless to say, this is not good news.

Of course the cost of living has already gotten completely out of control.  According to Zero Hedge, the median rent in the United States has now surpassed $2,000 a month for the very first time…

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The cost of rent in the U.S. is moving higher at the highest pace in three decades, the report notes, blowing past a median of $2,000 per month for the first time ever. Rents are now above where they were prior to the pandemic in most major cities.

Areas just outside cities, which saw a large influx of new renters during the pandemic, have seen their rents rise disproportionately higher. People returning to large cities, post-pandemic, have also not helped prices cool off.

Who can afford to pay $2,000 a month for rent?

According to the Social Security Administration, the median yearly income for U.S. workers in 2020 was just $34,612.04. No wonder most families need to have more than one income just to survive these days. This is what I mean when I say that our standard of living is being systematically destroyed.

Many people have to work as hard as they possibly can just to pay the bills each month. Yes, the top 10 percent are still doing well, but the vast majority of the country is really struggling.

And that is why the soaring price of food is such a big deal right now.  The latest numbers that we just got from the government tell us that the cost of “food at home” has been rising at the fastest rate since 1979…

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The food-at-home index, which represents food purchased in places like grocery stores for consumption at home, jumped by an annual 13.1 percent, which is the fastest pace since March 1979.

“Consumers are getting a break at the gas pump, but not at the grocery store,” Bankrate Chief Financial Analyst Greg McBride told The Epoch Times in an emailed statement. “Food prices, and especially costs for food at home, continue to soar, rising at the fastest pace in more than 43 years.”

But the truth is that we haven’t seen anything yet.

What we see at the grocery store right now is largely a reflection of what happened last year.

Let me give you an example that illustrates what I am talking about.

In the last few days, the mainstream media has been buzzing about the fact that there is now a potato shortage in Idaho.  But what most people don’t realize is that this shortage was caused by a tremendous heat wave that happened last summer…

Idaho has a potato shortage. If you haven’t heard about it already or noticed fewer and fewer potatoes in your grocery store’s produce section, you will soon.

So, what’s the problem? The weather. Not this year’s weather, mind you. It’s the weather from over a year ago that’s to blame.

“I’m not sure if you remember last June, but we had some just unbelievably hot temperatures here in Idaho. It did a number on our potato crop,” said Jamey Higham, president and CEO of the Idaho Potato Commission. “And so, our yields were significantly down last year.”

So did you catch that?

A bad harvest in 2021 is now being felt in the latter stages of 2022.

Looking ahead, what our farmers are experiencing right now will be felt very keenly in 2023.

For example, it is being reported that the price of some fertilizers has now more than quadrupled…


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“Last year [fertilizer] was around $270 per ton and now it’s over $1,400 per ton,” Meagan Kaiser, of Kaiser Family Farms and farmer-director of the United Soybean Board, told NBC’s “Nightly News with Lester Holt.”

“It’s scary. It turns my stomach a little bit to think about the amount of risk that our family farm is taking right now.”

Farmers are finding themselves forced to pass some of those costs along to customers, resulting in higher grocery prices.

When those cost increases get passed along to us in 2023, a lot of people are going to be screaming bloody murder.

But at least we will have food to eat.  On the other side of the globe, there simply will not be enough food for everyone.

For years, I have been trying to explain that global famines would inevitably be coming, but I still don’t think that it is sinking in for many people out there.

And of course famine is just one of the elements of “the perfect storm” that we are now facing.  Recently, Egon von Greyerz listed some of the other major elements…

Promised Grounds Proverbs 24 Blend
  • Debts at levels that can never be repaid – sovereign, corporate & private
  • Epic global bubbles in stocks, bonds & property – all about to collapse
  • Major geopolitical conflicts with no desire for peace – major wars likely
  • Energy imbalances and shortages, most self inflicted
  • Food shortages leading to major famine and civil unrest
  • Inflation, leading to hyperinflation & global poverty

We have got a giant mess on our hands.

And conditions are going to get worse and worse and worse in the months ahead.

As things deteriorate, a lot of people out there are going to go completely nuts.

In fact, a lot of people are already going completely nuts.  Let me give you an example that just happened…


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An unidentified man reportedly set his car on fire by driving into a U.S. Capitol barricade early Sunday morning. He then got out of his car and began firing a weapon indiscriminately before shooting himself, police say.

U.S. Capitol police say officers immediately responded when they heard the sound of gunfire at roughly 4 a.m. There were no reported injuries aside from the driver.

The only reason you would do something like that is if you have lost all hope.

And in the months and years ahead, much of the general population will lose all hope.

Let us endeavor to be beacons of hope, because hope will be greatly needed during the times that are in front of us.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com.  In addition to my new book I have written five other books that are available on Amazon.com including  “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, “Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending digital copies as gifts through Amazon to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.

I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.

I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to ask Jesus to be your Lord and Savior today.

Article cross-posted from The Economic Collapse Blog.

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For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.

I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.

After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:

  • Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
  • Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
  • No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.

Reach out to Augusta Precious Metals to learn more about protecting your wealth and retirement with physical precious metals.

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Tags: EconomyFoodFood CrisisinflationLedeThe Economic Collapse BlogTop Story
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Comments 4

  1. Charles Lee Ray says:
    3 years ago

    Sorry. Weather and a war halfway around the world don’t have a damn thing to do with the cost of food. Did you forget about –

    – Vaccine mandates on truckers, rail, & dockworkers
    – Supply chain disruptions
    – Dozens of food processing and distribution plants intentionally destroyed
    – Farmers being paid not to plant
    – Bill Gates & the Chinese buying up all the farmland
    – Gasoline prices skyrocketed thanks to Biden pipeline shutdowns, leasing halts, drilling bans

    Reply
    • Oldveteran says:
      3 years ago

      Spot in.

      Reply
  2. Dana says:
    3 years ago

    NO. We are not going to “absolutely go insane”. The unprepared are going to starve. Then those unprepared who have no food, will attack anyone they believe has food. Then those who have prepared, will repel those attackers with deadly force. As soon as that happens, there is no returning to peace before half the world dies. Just like the globalists have wanted and planned for, since WWII. Funny thing though; those globalists, BELIEVE, they will emerge at the other end, as royalty and return to feudalism. In truth, as soon as the shooting begins, their fortunes and their lives, are forfeit. Prepared people KNOW who orchestrated this, and when half the world dies for what they wrought, we will have justice.

    Reply
  3. Steve says:
    3 years ago

    Purging demoKKKrats from Earth has never been more imperative.

    Thank you for your humanitarian co-operation. 😉

    Reply

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