Food Inflation 2012 is now back on the agenda, as the biased mainstream media, pundits, bureaucrats, and tyrants-in-office can no longer lie about rising fuel prices, rising food prices, and rising prices in every sector the fiat dollar is poured into by the Federal Reserve and other agencies. Inflation, as defined by Keynesian economists (ex: the Federal Reserve) who believe the cure to debt is to spend more, is a rise in prices. The real definition of inflation, is the Austrian Economics definition, those who believe the cure to debt is saving, not accumulating more debt, is the increase in money supply. Austrian economists realize that the rise in prices is only the symptom of the disease, which is excessive printing and spending. For the focus of this blog post, I’ll use the Keynesian definition as to make it easier to understand their statistics. You can read more about sound money and real economics (aka Austrian Economics) in End The Fed and Economics in 1 Lesson. The real inflation rate, the rate at which prices are increasing per year, is pinned between 10 and 13 percent, although the new inflation formula, which is formulated discounting food and gas prices, and including [...]
Health Politics
Government Recommended Diet Goes Wrong
What happens when the Government Recommended Diet clashes with another Government dietary recommendation? Statism you say? The Center for Disease Control recently released a report headlining with the statistic, “90% of Americans eat more sodium than is recommended for a healthy diet” [Source]. From the summary at the CDC website, the report highlights the growing problem of sodium in the American diet, and explains how some of the most common and unexpected foods can have large amounts of sodium. Excessive levels of sodium in the diet have been shown to correlate with increased blood pressure and increased levels of risk for heart disease. What’s interesting in the report is something that Mike Stobbe, an AP Medical writer, highlights HERE, that grains are the number one source of salt in the American diet. The officials were surprised at the short list of foods that contributed to the massive amounts of sodium that we consume and probably the presence grain and carbohydrate-dominated foods had on the list. It gets even more interesting when you realize that because of this report, the USDA and related organizations are heightening their advisory of lowering daily sodium levels, but not advising lowering amounts of grain consumed. The United States Department [...]
