Glad they understand the real world problem. The problem is their policy recommendations that cause these conditions in the first place. And now they are asking G20 nations who they’ve led to believe they are on the brink of becoming the next Greece to pledge financial support. World Bank president: ‘One shock away from crisis’ […]
Tag Archives: Food Prices
Inflation in China
What I see is more evidence of an inflation problem in China that they are now trying to blame on something other than themselves to prevent the historical regime change from inflations of the past. The problem is, of course, the don’t fundamentally understand how a currency works, which reduces the odds of being able […]
Reuters: Food price supports
[Skip to the end] more inflation. Prices are up due to short supplies due to biofuels and weather. And the political response is handing out funds to those in need, even though that doesn’t create more to eat. As previously discussed, governments have no choice but to step on the inflation pedal. Whether it be […]