Being raised on a farm, my mother always told me that food is too cheap. As a child I would work hours picking strawberries, berries, and other fruit to sell at similar prices to the local supermarket. This would yield an hourly wage less than minimum wage once farm expenses were removed. This was depressing and thought we should charge more.
As I went through University and then moved out to start a career, I was thankful for low food prices. These low prices allowed me to eat a variety of foods and spend extra money on things that I wanted – a bicycle, gasoline, furniture for my apartment, etc. It also allowed me to save money for retirement and large purchases – which lead to the ability to save for my first house. Continue reading
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