Celente – Americans Now Worried About Feeding Themselves Amid Soaring Food Inflation

Today the top trends forecaster in the world warned that Americans are now worried about feeding themselves amid soaring inflation.

Americans Worried About Feeding Themselves Amid Soaring Inflation
August 17 (King World News) – Gerald Celente:  Americans, who are forced to deal with ballooning inflation, have turned to food banks to feed their families. But these organizations are also struggling to keep up with demand due to soaring food prices and a fundraising slowdown.

Last month 25 million adult Americans said they did not have enough to eat in the previous seven days, The New York Times reported, citing data from the Census Bureau. The country has not reached such a high level since Christmas 2020.

The Biden administration celebrated last week’s consumer price index numbers that came in at 8.5 percent, which was lower than expected. The administration conveniently avoided talking too much about food and energy prices that remained at an annual rate of 5.9 percent. Producer price inflation came in at 9.8 percent for the 12 months ending in July. 

The New York Post‘s editorial board wrote the number “ensures more future pain for consumers.”

The food at home category increased 13.1 percent over the last year, putting a strain on millions of Americans. Food prices are rising at the fastest pace in more than 43 years, according to economists…

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These groceries include rice (12.7 percent), potatoes (13.3 percent), milk (15.6 percent), chicken (16.6 percent), eggs (38 percent).

The Urban Institute told the Times that a recent survey showed that one in five adults reported experiencing food insecurity in the past 30 days. Nearly 20 percent of these individuals have a job.

Wendy Osborne, the director of Tabatha’s Way, a food bank in Spanish Fork, Utah, told the paper that her charity normally caters to about 130 families each week, but that number has increased to above 200.

“There are more people who have jobs, they are working, they’re just not making enough,” she said.

She continued, “I repeatedly hear: ‘I’ve never had to use a food pantry. I’m the one who’s helped people, not the one who needed help.”

The food crisis is, of course, not isolated to Utah. The Des Moines Register reported that the Food Bank of Iowa is almost doubling its warehouse space to accommodate the growing demand.

Michelle Book, the CEO of the food bank, told the paper that the 50,000-square-foot facility was last updated in 2018 to triple its storage capacity and currently distributes 1.5 million pounds of food per month. She expects that number to increase to 2 million.

“Food Bank of Iowa is out of room,” Book said. “As the need for food assistance skyrockets, we can no longer make do with cramped space and unreliable off-site storage.”

The Food Research & Action Center said in a report that about 1 in every 12 homes in New Jersey suffered from some form of food insecurity from 2018 to 20……..more here  

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