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Biggest food price jump in 18 years
 
Published by kidmercuryblog
05-14-2008

Biggest food price jump in 18 years

The biggest cause of rising prices is the Federal Reserve, which is responsible for regulating the supply of money in the economy. The war and big government work with the Fed to ruin monetary policy. To learn more about the Fed, see our course on the Fed. -- KM

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Inflation pressures eased a bit in April despite the biggest jump in food prices in 18 years. The Labor Department reported Wednesday that consumer prices edged up 0.2 percent last month, compared to a 0.3 percent rise in March.

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food, inflation, food prices, hyperinflation

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