Food Prices Out of Control ! At this Rate people cant Afford to buy Food By 2020, Buying Food on CC

Posted on Jan 20, 2015
My Opinion : We are living in a time where food is the cheapest to produce in most of human recored history , As more and more people use Credit cards to buy food it may lead to a potential disaster when these comfortable interest rates go up ! People using Home lines of Credit as ATM Machines will be in for a Rude Awakening !

but um why i'm making this video is because i'm noticing that the price of food is really going up and the second thing i'm noticing when people are buying food is they're all putting it on credit cards and they play that that that card like oh it's for points uh i'm getting point half of those cards are canadian tire cards it's all crap you might as well go and buy something that can entirely save canadian tire money on your canadian tire or your hudson's bait card at 28 interest so i'm just talking about i think people i think there's going to be more because the price of oil is dropping commodities keep going up even though the price the price of producing food has gone down and transporting food has gone down dramatically in the last month uh it's still becoming more and more expensive to buy the food even though like i said it's it's costing less to make the food more than ever in the last five years it's cheaper to produce the food now and with the gmos this [ __ ] gmos they put in our food they said that's supposed to produce more food cheaper and grow larger quantities

yeah and how does that work so dairy went up 6.8 percent uh beef beef and steak and meats went up 10.9 percent um so i was looking at this eggs went up like seven percent uh there's something else that went up pretty high and i was really shocked bread went up five percent i just i'm just saying this that i'm just ranting here and talking about this because i see a lot of people like when i'm in the cash out check a lot of them are really struggling a lot of people here in vancouver put up this big thing like they're the greatest thing that ever lived they won't talk to you they'll they'll they'll they'll walk in front of you in the lineup if they have to to show that they have this this uh entitlement over everybody but i i see a lot of people struggling here and it's pretty sad you know that you know and a lot of these people seem educated too and all i don't know what's going on with jobs in the educated sector because i'm not educated once again that's why i had to open my own business why i've owned my own businesses pretty much since i finished high school so anyways this is mike martin's here at mike martin's channel i just wanted to say hi and put that out there about the price of food going up big time anyways thanks for watching bye

Food is in a sharp incline and it's going out of control. Gas goes down !! Food production goes down ? Transportation of food goes down ? So now what . Why is food so expensive ??
Food costs are largely determined by the time and resources it takes to do all of the steps required to get the product from the farm or manufacturing facility to your local store. And like everything else on the market, supply and demand also plays a part. Here's the skinny on why some food items are so expensive.
A more expensive price tag usually indicates higher quality, but this isn't always the case when it comes to food products. Brand name foods are often produced by the same manufacturer as generic or store brands, but the brand names cost significantly more. This is because brand names need to advertise and market their products, and these costs are built into the price of the food. Generic brands rarely advertise, so the savings are passed along to the customer. Advertising and marketing in the United States is a major expense -- a full page print ad in a national magazine can hit five figures. And production costs for a TV commercial usually runs hundreds of thousands of dollars, which doesn't even include the cost of air time

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