The alarm on rising food prices is getting louder.

A “triple-whammy” of higher fertilizer prices, lower international supply and higher gas prices mean higher prices at the grocery store.

Fox Business’s Stu Varney is talking about it, too.

He is tying it to “stagflation” — which would cause food prices to go even higher.

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Watch:

Here’s the transcript:

“Stagflation is not a happy subject. There are times when the economy gets into an intractable mess — slow growth or no growth with rising prices. That’s stagflation.
We haven’t felt it in a generation, but it looks like it is headed our way again. You are gonna hear a lot about this.
For the past year, inflation has gradually picked up steam. Now it is running hot at a 10% clip — and I think it gets worse.
Food price inflation will soon accelerate. Couple that with gas prices and electricity bills and everything else, and you have got an inflation problem everybody can see and feel.
Now, it’s the job of the Federal Reserve to fix that. They do this by raising interest rates. And that’s what they’re doing now.
The economy will slow. That’s the “stag” part of stagflation. Stagnant economy, rising prices. Stagflation.
Now, think of the implications of this.
The standard of living — especially for low-income people — goes down. Just about everybody loses ground.
Now, we saw stagflation in the 70s and very early 80s — 10% inflation, slowing economy, rate hikes then recession.
An angry electorate fired President Carter.
This time around, we are already feeling stagflation in our wallets.
I think the politicians will feel it at the ballot box – and soon.”

Unfortunately, we may not have enough time to vote out the politicians.

If higher food prices hit this summer, like farmers are predicting, it will be too late.

Some people are preparing for food price increases by stocking up on long-lasting food.

According to one report, Costco has sold out of some of its emergency foods:

The good people at MyPatriotSupply.com still have emergency food on hand (ordering through this link and the links below benefits Gateway Pundit).

If you can afford it, buying prepared food now creates a buffer for when prices go higher.

Their food kits are packed with 2,000-plus calories a day and last a long time — some for as long as 30 years.

If you have a stockpile, you can use the lower-priced prepared food to soften the blow.

Millions of American families have already bought from MyPatriotSupply.com — making it the largest preparedness company in the nation.

People have said about MyPatriotSupply:

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“Best calories per dollar deal — Over 300 calories per dollar is amazing.”

“The battle to be self reliant is a hand most of the world has lost. Through this company and its outstanding quality we all can sleep easier knowing we are not 9 meals from anarchy.”

MyPatriotSupply has nearly 50,000 4-star and 5-star reviews online.

When you order buckets of long-lasting food, you can put them in a closet or back pantry — and worry less about what your family will need in an emergency.

If food prices skyrocket, you’ve got enough food to last.

To see the latest specials at MyPatriotSupply.com, click here.





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