The tale of the Onion King (Update)
Planet Money
NPR
4.6 • 29.8K Ratings
🗓️ 22 June 2022
⏱️ 20 minutes
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| 0:00.0 | This is Planet Money from NPR. |
| 0:03.4 | Hi, everyone. |
| 0:07.3 | Amanda Aaronshaq here. |
| 0:09.1 | May inflation was hot. |
| 0:11.9 | It was the highest increase in consumer prices in four decades. |
| 0:16.9 | Food costs continued to climb. |
| 0:19.4 | And onion prices were up 130% from last year. |
| 0:24.8 | But the story behind the rise in onion prices |
| 0:27.6 | is not just an inflation story. |
| 0:30.4 | See, onions are not your average produce. |
| 0:33.4 | Their prices are actually more likely to fluctuate wildly |
| 0:37.2 | because they have high price volatility. |
| 0:40.8 | Why? |
| 0:41.8 | Well, Keith Romer and Robert Smith have |
| 0:43.7 | the story in this Planet Money classic. |
| 0:46.4 | And be sure to stay tuned till the end for an update |
| 0:49.1 | where we get a little bit nerdy and dig into the research. |
| 0:52.7 | Here is the episode. |
| 0:54.5 | If you find yourself driving around upstate New York, |
| 0:57.0 | you should stop by the farm of Rick Mincus. |
| 0:59.7 | He grows one hell of an onion. |
| 1:02.0 | If you're on the farm, you can pull one right out |
... |
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