Food price inflation hits emerging markets hard

Bloomberg/Max DeHaldevang

“Rising food costs are hitting emerging markets with a double whammy: driving millions into hunger, and thwarting central banks as they try to end the worst slump in decades.”

USAGOLD note:  The canary in the inflation coal mine?  Needless to say, developing countries, needless to say, will not be immune to the problem. In a separate article, Bloomberg tells the story of a hunger crisis in Latin America under the ominous headline: No meat, no milk, no bread: Hunger Crisis rocks Latin America.

Repost from 10-22-2020