Summary: inflation is probably not what you think it is. Especially today. Note the comments for quotes about this from major economists. To see how this applies to us today, go to Debt – the core problem of this financial crisis, which also explains how we got in this mess. . This essay sketches out in …
Summary:  Many factors are driving up food prices, but the elephant in the room is global inflation. This explains why prices are rising throughout the entire commodity complex (energy, industrial materials, precious metals, agriculture). Plus brief discussions of biofuels, long cycles of food prices, the role of government policy, and the likelihood of resource wars. “Global Market Brief: Food …
Higher food prices, riots, shortages – what is going on? Read More »
