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The Future Cost of Wine (And Food) With the Euro @ $1.54

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Not About Food

The Future Cost of Wine (And Food) With the Euro @ $1.54

Joe H | Mar 8, 2008 06:04 PM

http://www.chowhound.com/topics/497155 is the link to a post of mine that is currently on the wine board. I am also putting it on here because I believe this is a particularly relevant topic for all of us. With the Euro @ $1.54 to the U. S. dollar it is perhaps likely that this is going to affect what we order in restaurants, what we cook and what we drink. In many cases wine and many imported foodstuffs will have almost doubled over the past five or six years. This will be reflected in all of the restaurants we go to, or at least who use imported materials which they cook with or serve. Reggiano, Chianti, olive oil, arborio, pasta, many spices, etc. are all going to be dramatically affected by the devaluation of the U. S. dollar. In fact the food stuffs that are imported are seemingly limitless which could be affected by this.

I am just interested in others' thoughts on this for which I believe is a timely topic.

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