Inflation Strikes Back: Peanut Butter Prices Rise 24-40% In Last 12 Months

This blog has railed against the theft that takes place through incipient inflation. And friends it is showing up more often at a grocery store near you. The humble jar of peanut butter is now going up across the board and across brands,(yes even the generic brands) and shall hit yours truly especially hard, as I have a soft spot for the nutty spread. Who doesn't ;)  Anyways, the question to be asked is.... Have my wages gone up 24-40% in twelve months?? Am I 24-40% richer than I was twelve months ago? If not friends then the higher prices of peanut butter, gasoline, bread, and DVD's will only continue to show itself most acutely in our life, and how far our daily wages will go. Now not so far.  Here is the link to the news article.....

http://www.clevelandleader.com/node/17581