Hyperinflation Has Been Brought to the Forefront Compliments of the Federal

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Reserve Globalists Hyper Pukes, in an Effort to Crush the Working Class Into Submission Food Prices Will Reach 10 Times What It Was This Time Last Year…

As global central banks continue to flood the system with funny money, insisting inflation is non-existent, as such, the Federal Reserve last week announced a new approach to inflation would let it run over the 2% target, food price inflation is rising this summer, according to a new report via the United Nations food agency. 

Food and Agriculture Organization (FAO) of the United Nations said world food prices rose for the third consecutive month in August, led by increases in coarse grains, vegetable oils, and sugar. 

FAO’s food price index, which tracks food prices monthly, averaged 96.1 in August versus 94.3 in July. The index dropped from January through April due to the virus-related recession, bottoming in May and reversing through summer. 

Here’s a long-term view of FAO’s food price index.

As grains, vegetable oils and sugar prices are on the rise, the good news for consumers is that dairy and meat prices were unchanged. Readers may recall beef prices exploded in the US during the pandemic as meat plant closures led to supply chain chaos. 

Here’s a breakdown of FAO’s report: 

As grains, vegetable oils, and sugar prices are on the rise, the good news for consumers is that dairy and meat prices slumped were unchanged. Here’s a breakdown of FAO’s report: 

The FAO Cereal Price Index rose by 1.9 percent from July, averaging 7.0 percent above its value in August 2019, with coarse grains leading the rise. Sorghum prices rose 8.6 percent – and stood at 33.4 percent above their year-ago level, mostly on the back of strong import demand by China. Maize prices rose 2.2 percent amid concerns that recent crop damages in Iowa would impact supply. International rice prices also rose, underpinned by seasonally tight availabilities and increasing African demand.

The FAO Sugar Price Index rose by 6.7 percent from the previous month, reflecting reduced production prospects due to unfavorable weather conditions in the European Union and Thailand, the world’s second-largest sugar exporter, as well as strong import demand by China.

The FAO Vegetable Oil Price Index increased by 5.9 percent, led by firmer values for palm oil especially, but also soy, sunflower, and rapeseed oils. The moves mainly reflect prospective production slowdowns in leading palm oil-producing countries amid firm global import demand.

The FAO Dairy Price Index was virtually unchanged from July, with cheese and whole milk powder quotations declining amid expectations of ample seasonal export availabilities in Oceania, while butter prices rose due to tightening export availabilities in Europe in the wake of the August heatwave reducing milk output. 

The FAO Meat Price Index was also almost unchanged since July – although down 8.9 percent from August 2019 – as the effect of lower import demand for bovine, poultry, and ovine meats was offset by surging import demand for pigmeat from China. -FAO 

A rise in food prices this summer is a reminder that inflation in a post-pandemic world is real, and what’s worse is that it’s disproportionately hammering poor households.

Simultaneously, worldwide economic activity is starting to sputter as surging virus cases in the US, Europe, and Southeast Asia have forced many local governments to reimpose strict public health orders, which could jeopardize the recovery in world trade for the back half of 2020. 

A faltering global recovery, with depressionary unemployment, blended with rising food price inflation is more bad news for low-income households worldwide. 

So can central banks ignore food price inflation? The answer is no – as soaring food costs have the risk to incite further social unrest.

The Plandemic Has Been Designed to Make Society Suffer, They Know If They Crush Society They Will Be Able to Implement the New World Order, the Alternative Would Be FEMA Food Lines, Satan Soldiers Billionaire Financier George Soros  in Full Stride…

These governors and politicians are caught up in their own destruction, the Plandemic has turned on its creators and will wreak havoc…

The World Is In Big Trouble, for Those That Believe We Will Go Back to Some Sense of Normal Life Here on Earth, You Will Be Sadly Disappointed, Seven Years of Hell on Earth Which Began January 1, 2020

The World Is In Big Trouble, for Those That Believe We Will Go Back to Some Sense of Normal Life Here on Earth, You Will Be Sadly Disappointed, Seven and Half Years of Hell on Earth Which Began January 1, 2020

“Our courts oppose the righteous, and justice is nowhere to be found. Truth stumbles in the streets, and honesty has been outlawed” (Isa. 59:14, NLT)…We Turned Our Backs On GOD, Now We Have Been Left To Our Own Devices, Enjoy…

While Mainstream Media Continues to Push a False Narrative, Big Tech Has Keep the Truth From Coming out by Shadow Banning Conservatives, Christians, and Like-Minded People, Those Death Attributed to the Coronavirus Is a Result of Those Mentioned, They Truly Are Evil…

Source: HNewsWire zerohedge HNewsWire HNewsWire HNewsWire HNewsWire

StevieRay Hansen
Editor, HNewsWire.com
Watchmen does not confuse truth with consensus The Watchmen does not confuse God’s word with the word of those in power…

In police-state fashion, Big Tech took the list of accused (including this site), declared all those named guilty and promptly shadow-banned, de-platformed or de-monetized us all without coming clean about how they engineered the crushing of dissent, Now more than ever big Tech has exposed there hand engaging in devious underhanded tactics to make the sinister look saintly, one of Satan’s greatest weapons happens to be deceit…

The accumulating death toll from Covid-19 can be seen minute-by-minute on cable news channels. But there’s another death toll few seem to care much about: the number of poverty-related deaths being set in motion by deliberately plunging millions of Americans into poverty and despair.

American health care, as we call it today, and for all its high-tech miracles, has evolved into one of the most atrocious rackets the world has ever seen. By racket, I mean an enterprise organized explicitly to make money dishonestly.

All the official reassurances won’t be worth a bucket of warm spit. The Globals are behind the CoronaVirus, It Is a Man-Made Bioweapon.

Google, Reddit, Twitter, and FaceBook are Demonization or Demonisation is the reinterpretation of polytheistic deities as evil, lying demons by other religions, generally by the monotheistic and henotheistic ones. The term has since been expanded to refer to any characterization of individuals, groups, or political bodies as evil…

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1 Comment

  1. Patrick Galasso on September 5, 2020 at 1:20 pm

    Sustainable Development, aka Technocracy, is the endgame of the global elite who want control over all resources on earth, including people. The Covid-19 pandemic, or what Patrick Woods calls the “Great Panic of 2020” has been weaponized to create the biggest economic coup in the history of the world. When Technocracy prevails, elected politicians of all stripes will be summarily dismissed and engineers and scientists will run the world directly. For citizens, this is the essence of scientific dictatorship: there is no need for representative government because systems will be run autonomously via algorithm. The threat of killing capitalism and free enterprise is very real and most definitely existential to America as we have known it for over 200 years.

    How much more are we going to allow this overturning of our liberties to go? Where do you draw your line in the sand?

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