AdvisorSmith/Adrian Mak/11-23-2020
“AdvisorSmith found that a basket of Thanksgiving foods costs approximately 9.8% more in 2020 when compared to Thanksgiving of 2019. The foods included in our analysis were turkey, vegetables, and baking & bread. Vegetables included were potatoes, cranberries, squash, sweet potatoes, corn, green beans, and pumpkin. Baking and bread products included flour, white bread, milk, eggs, and butter.”
USAGOLD note: This Thanksgiving comes with a cornucopia of government debt and nearly a double digit gain in the cost of turkey and trimmings …… Pilgrim Powell must give thanks. His dogged determination to inflate is beginning to pay off.
Cartoon courtesy of MichaelPRamirez.com
