You watched along with Your Survival Guy as food prices did nothing but go up, and fast, during the Biden administration. Each new inflation report delivered grim news to American families that prices were rising. Read through some of the posts below if you need a reminder about the pain caused by Bidenflation.
- FOOD INFLATION: Spending More to Buy Less
- Even Without Food and Gas, Inflation is Soaring
- Inflation Forgotten, but Not Gone
- Inflation Flare Up Frightens Fed
- Don’t Fall for Inflation Obfuscation
- Biden’s Inflation Bedtime Story
- INFLATION: “Lower Doesn’t Mean Solved”
- Will Americans Ignore Joe Biden’s Inflation?
- They’ll Tell You Inflation is “Under Control”
The last time prices fell was July of 2020, during the first Trump administration. Throughout the entire Biden administration, not one month saw lower prices for food and beverages in the CPI report.
In April, though, after only three months on the job, President Donald Trump has delivered on his promise to lower prices, with food and beverage prices falling once again.
Action Line: Lower food and beverage prices mean Americans have more money to spend on other things they want. Retirees on fixed incomes can afford to keep more of their savings invested, compounding, and earning them income for future needs. You’d rather spend that money on a nicer restaurant on your Paris trip than on higher prices for your groceries. You worked your whole life for that trip, you should get to enjoy it. When you want to talk about compounding in your portfolio, email me at ejsmith@yoursurvivalguy.com. In the meantime, click here to subscribe to my free monthly Survive & Thrive letter.
