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With Grocery Prices Soaring, This High-Tech Food Play Belongs on Your Shopping List

Aside from the continued sell-off in U.S. tech stocks, one of yesterday’s top financial news stories was the fact that U.S. inflation is accelerating – and at a pace that’s exceeding forecasts.

And the surge in food prices is one of the big catalysts…

  • Featured Story

    Why There's No Real Inflation (Yet)

    According to Nobel Prize-winning economist Milton Friedman, "inflation is always and everywhere a monetary phenomenon."

    Well, apparently not...

    There's certainly plenty of cause for inflation today. Every central bank in the Western world is holding interest rates down, and almost all of them are printing money like it's going out of style. And the big deficits governments were running should be making inflationary matters even worse. Taken together, monetary and fiscal policies are far more extreme than they have ever been.

    But today inflation is only running at around 2% - well below where it should be, according to Milton's monetarist theories.

    What does it all mean? Read More...
  • inflation forecast