Skip to content

Rising Food Prices Really Do Hurt Some Consumers More Than Others

As regular readers of this blog know, many of my posts are about the impacts of rising food prices and food price volatility.

As it turns out that rising food prices really do hurt some people more than others:

“The price of the Beefy Crunch Burrito had gone up from 99 cents to $1.49 and the man at the Rigsby Road Taco Bell drive-thru had just ordered seven.

The fast food customer was so disgruntled by the price hike he shot an air gun at the manager, displayed an assault rifle and pistol while in the restaurant’s parking lot, fled as police were called, and pointed one of his weapons at three officers who pulled him over. Fleeing when they opened fire, he barricaded himself in his hotel room — all over $3.50 plus additional tax.”