Friday, August 27, 2021

Peak Salmon and Halibut?

Chart shows the producer price index for salmon (blue), halibut (red), and meats (black) each independently divided by the consumer price index for all items. January 1950 = 1. Chart therefore shows how the real producer prices for these items have changed relative to what they were in 1950.


Is anyone keeping track of all the prosperity we've "borrowed" from future generations since the dotcom bubble popped? Seems like there should be a national database for it, you know, for posterity.

On a brighter note, the real producer price for meat is quite a bit cheaper. And to the best of my knowledge, it's not even that soylent yet. That said, meat hasn't exactly been getting cheaper since 2000. You could more easily see that in the chart if salmon and halibut weren't so shocking and awing.

3 comments:

Anonymous said...

It’s transitory.

Stagflationary Mark said...

Looks like we’re transitioning back to 2020. Once bitten, twice shy.

There's a Shortage of These 5 Popular Grocery Items Right Now

https://www.eatthis.com/news-grocery-shortages-right-now/

No worries. It’s just lunchables, canned goods, turkey, chicken, and pet food so far. I’m sure the supply chains will be fixed in time for the upcoming busy holiday season. *cringe*

I’m adding to the problems by stocking up at Costco for the winter, like a squirrel bracing for the storms. Again.

How long before there are “no reason to hoard” headlines again? Here’s a fun one from March of 2020.

Experts say there's no reason to hoard food, supplies

https://www.wptv.com/news/national/experts-say-theres-no-reason-to-hoard-food-supplies

The experts from Ready.gov suggest that your best bet is to stock up on foods that will last for a while like pasta, peanut butter and flour.

The experts were almost half right. They were completely wrong on there’s no reason to hoard. They were mostly right on flour being a good bet, but in hindsight the much better choice was yeast.

Stagflationary Mark said...

Just went to Costco.com. There’s a new warning.

Service Alert: Due to high demand there may be a delay in processing your Grocery order. A notification will be sent once your order has been shipped.

Here we go again. Sigh.