World food prices have doubled since 2005. There have been recent food riots in Mexico, Morocco, Egypt, Cote d'Ivoire, Guinea, Mauritania, Cameroon, Senegal, Uzbekistan, and Yemen. Partial culprit? Ethanol production. Senator Charles Grassley (R-Iowa) assures us that all is well, so I have that going for me.
Advice? Stock up the pantry. That was a topic of conversation at the office today.
Gasoline thefts are rising. One of our neighbors reports having his vehicles siphoned twice.
Correct me if I'm wrong, but the inflation index does not take into account either fuel or food.