Food prices on the up and up — Even U.S. food ain't so cheap anymore

Ah, inflation. Everything costs more eventually, right? In the U.S., the average price of gasoline has reached an all-time high of $3.27 per gallon. And around the world, the cost of food is following suit.

As the New York Times reported recently, "Everywhere, the cost of food is rising sharply." In the U.S. alone, "food and beverage prices are rising 4 percent a year, the fastest pace in nearly two decades."