Several Loaves of Bread Per Gallon
January 15, 2008 – 12:32 pm
I have talked earlier about price of food and gas.
- http://www.primezero.com/blog/2007/05/22/a-loaf-of-bread-per-gallon-of-gasoline/
- http://www.primezero.com/blog/2007/11/04/two-loaves-of-bread-per-gallon-of-gasoline/
We are now approaching Three Loaves of Bread Per Gallon.
The unit loaves of bread per gallon started as a joke. It is now an economic indicator for me. It is a currency-neutral calculation and has helped me predict market direction very well.
