Wednesday, December 8, 2021

Food Inflation, Rice is Gold

Rising food prices in Brazil since 2020, exacerbated by Covid-19 pandemic. Full story here.

Before the pandemic, a pack of rice cost less than USD2 in Brazil. In 2020, it costs USD 7.50


Image credit - Hedgeye. "What Inflation?"






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Oppenheimer and Oscar Economics

This  article  is quite long, but has important modern implications.  Source: Michael Ramirez, The Gazette.