4 ms·

> I don't think the printed money induced food demand Food purchases are way up since Covid. https://www.statista.com/outlook/cmo/food/united-states https://w

• dehrmann 5y ago
  Do you have a source that isn't paywalled? Their "Net sales of US Foods from 2012 to 2020" wasn't, but it also said sales were down in 2020. What makes comparisons tricky is people didn't eat out as much, so that cuts spending on some metrics. On others, commercial kitchens are more efficient and buy from wholesalers, so that lowers a different metric. But people consume fewer calories when cooking for themselves. My main point is that for everyone but the lower 5%, I'd be surprised if they got a stimulus check and ate more calories because of it. I work in tech and make decent money. Maybe I buy the organic berries instead of the regular ones, but I'm not buying twice as many baskets because I have more money. I still only needed 3.