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George Noble: Wegmans watermelon price called out as overpriced

George Noble: Wegmans watermelon price called out as overpriced
Wegmans watermelon sold for $5.23

George Noble criticizes the cost of watermelon at Wegmans, highlighting that five small pieces are being sold for $5.23.

He describes this pricing as 'grand larceny' and suggests that Wegmans watermelon costs should be considered in the Consumer Price Index (CPI) calculated by the Bureau of Labor Statistics (BLS).

Noble has frequently commented on U.S. financial pressures in recent posts. He previously stated that Japan and China are reducing their holdings of U.S. Treasuries. In a separate note, Noble pointed out that U.S. debt issuance stands at 7% of GDP while economic growth is 2%.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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