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In reply to the discussion: Higher grocery prices ARE a result of greedflation, investigation shows: [View all]littlemissmartypants
(33,810 posts)26. We throw away way too much food as well.
It's a complex equation that few take the time to think about. We could definitely survive on less and throw away less. We've become too hypnotized by abundance and our so-called "throw away" society.
Food for thought.
❤️
Food Loss and Waste
In the United States, food waste is estimated at between 3040 percent of the food supply. This figure, based on estimates from USDAs Economic Research Service of food loss at the retail and consumer levels, corresponded to approximately 133 billion pounds and $161 billion worth of food in 2010. Food is the single largest category of material placed in municipal landfills and represents wasted nourishment that could have helped feed families in need. Additionally, water, energy, and labor used to produce wasted food could have been employed for other purposes. Effectively reducing food waste will require cooperation among federal, state, tribal and local governments, faith-based institutions, environmental organizations, communities, consumers, and the entire supply chain.
https://www.fda.gov/food/consumers/food-loss-and-waste
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Higher grocery prices ARE a result of greedflation, investigation shows: [View all]
CousinIT
Apr 2024
OP
Yep. That's why Yellen's efforts using traditional anti-inflation tactics failed
Model35mech
Apr 2024
#2
Wonder how many major news outlets will risk angering their advertisers to spread this news.
progressoid
Apr 2024
#6
I RARELY hear news or media even mention corporate profits when talking about inflation.
CousinIT
Apr 2024
#9
We didn't really think food & gas were going to let people keep all that 2020 money in THEIR pockets did we?
underpants
Apr 2024
#10
I've boycotted Kellogg's cereals for years now, but I've boycotted all the rest of the other sugary crap as well
elocs
Apr 2024
#50
We have two large farmers' markets nearby. Going to them is a Saturday ritual...
Mark.b2
Apr 2024
#52
My local guy that sells excess eggs just raised his prices 50%. It ain't just big companies.
Silent Type
Apr 2024
#29
What effect does shopping for groceries w/ "cash back" cards have against personal hits due to corporate greedflation
Backseat Driver
Apr 2024
#41