by 
kool
ANSWERS: 3
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My guess as to why gas, energy and inevitably bread prices all are going up is because the dollar is going down. The word 'Inflation' is often used to describe an increase in prices, but a more accurate definition is an increase in the money supply. The more dollars there are, the less each one is worth - that's what gives money it's value, how many dollars are in circulation. The Federal Reserve prints hundreds of billions each week in new currency, therefore the dollar loses it's purchasing power gradually over time. The net result is higher prices across the board.
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When gas goes up, it costs more to ship products, ultimately resulting in a price increase to pretty much everything. This is when you start asking your boss for a cost of living raise...
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It costs a lot to harvest that wheat. the machines they harvest it with use a lot of diesel so up goes wheat.
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