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Good Time To Go On A Diet
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Not your imagination: grocery prices spiked to their highest level in 46 years in April. Seems that higher demand and hamstrung supply equals higher prices. But when this happens precisely because there's a public NEED for the stuff they're buying, it raises questions about whether letting the market raise prices in reaction to demand is good for humankind. After all, you gotta eat. Conversely, stuff that's less necessary dropped in price because we're not using it, so there's that. (CNBC)
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