Sunday, November 7, 2010

Inflation Rate: 2010 To 2020

Author: Brian D. Hill

According to the National Inflation Association they predict many basic consumer necessities will start to rise up in price to unbearable amounts because of the economy in the United States of America being destroyed, due to the second Quantitative Easing.
The prices according to their analysis of the future due to the Federal Reserves mass printing of money under the guise of buying up some of the National deficit.
This table shows the basic Necessities going up in from now to 2020 in response to the QE2:

NIA Estimates 2010-2020 food prices Price
32Oz Bag of Sugar $62.21
64oz Minute Maid 100% Pure Squeezed Orange Juice $45.71
32oz soy milk $24.31
Hershey’s Milk Chocolate 1.55 oz candy bar $15.50
Walmart plain white men’s cotton t-shirt $55.57
1 ear of Corn $11.43
24oz Loaf of the cheapest store brand of Bread $23.05

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