Word: flours
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Dates: during 1970-1979
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...Part of the answer is a lag in prices from farm to supermarket. For example, Arnold Bakers, a New York breadmaker, until recently was paying $13.50 per 100 lbs. for flour under contracts signed last winter and spring -though the immediate-delivery price for flour fell as low as $9.60, reflecting declines in wheat. Also, some agricultural prices have kept on rising: sugar recently hit a record 26? per lb., boosting prices of goods ranging from Life Savers to Kool-Aid soft drinks. But the biggest reason is that "middlemen" (a term covering bakeries, canners, meat packers, supermarket chains...
...mean outright hunger. Spending up to 60% of their income on food, the poor consume the most basic of diets and cannot "spend down" by substituting cheaper items when the cost of their regular diet goes up. Worse, the foodstuffs that they eat much of, such as rice, flour and dried beans, have risen even faster in price than meat and butter, which the middle class eats more of. The price of dried beans, for example, has leaped an astounding 256% since December 1970, while rice has jumped 124%. As a result, the nation's needy are hungrier...
Shantytown refugee camps have risen like festering sores throughout the region, providing the barest relief to half a million people. Their individual monthly ration is only 26 Ibs. of flour and 4.4 Ibs. of dried milk, the nutritional equivalent of about one-third of the average American's diet. In their weakened condition, disease has spread quickly. Typhus, dysentery, measles and gastroenteritis are rampant. At the teeming Lazaret camp near Niamey, Niger's capital, cholera threatens the 15,000 refugees. In Chad, some emaciated nomads begged a U.N. official not to send them medicines, pleading that death from...
...nonperishable items in bulk (but remember that meat requires a costly home freezer). Motor oil in bulk at a hardware or discount store can be half as expensive as single quarts at a filling station. Products like flour, sugar, soap powder and dry pet food can be bought in 10-, 20-or 25-lb. quantities, then poured into smaller containers at home. In many localities it pays to buy wine and hard liquor by the half-gallon, beer by the case and cigarettes by the carton...
...expected cheers of support. But in Ethiopia's key garrison towns, where thousands of his soldiers were mutinying, the appeal fell on deaf ears. There, junior officers and enlisted men continued their rebellion, demanding higher wages to offset an inflation that since January has doubled the price of flour, rice and bread...