Tuesday, November 21, 2023

Inflation


I have reached the end of my rope.  My patience with the economic condition is not a bottomless reservoir of hope.  This is an outrage and further evidence that the administration has lost the reins on this runaway inflation.  Something needs to be done.

Gram for gram, the white truffle has now become one of the most expensive delicacies on the planet. 
 
In Italy, fresh white truffles run as high as 4,500 euros per kilogram (or nearly $2,200 per pound), according to Coldiretti, Italy’s biggest agricultural trade group. 
 
Once they are shaved onto a plate of risotto or roast quail in the finest restaurants in the world, the price will multiply again, underscoring their “white gold” reputation. 
 
Closer to home, at Acquerello in San Francisco, there is a $495 truffle tasting menu (excluding wine and tax). Trufflephiles in London and Dubai can expect a similarly pricey restaurant tab.  Sky-high prices will be the norm, truffle experts say.
 
At an auction in Alba, Italy, a one-and-a-half-pound specimen fetched a record price of €184,000 (nearly $200,000). Bidders are set to converge on Italy’s truffle capital on Sunday to do it all over again.
 
Another Biden fail.

 

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