Global food bubble on the way?

Jayati Ghosh: Food prices set to surge due to Wall Street speculation

Category:

News & Politics

Tags:

• Global food crisis
• food production
• world economy
• income
• global food demand

[vidaripollen]

@Survive2Day yes .about400 million go on protien deficient diet.in india alone as per my gusstimate.

[Robonza]

@polygamous1 Exaclty right and that's why it is so easy to make money, trading on stupidity in Washington. I have never had such and easy time. The longer this lasts the better. After the big collapse I will have to find a new game or hopefully just retire. If Ron Paul gets in I may have to sell my metals too.

[polygamous1]

@Robonza how long can the supply of dollars out of thin air continue? at everyone's expense But the super rich? from 1862 to 1890 us inflation went UP 0.2% Because them days us money was Real printed on gold n silver reserves by a Real us gov the ppl chose te good old day? OF COURSE when america Was the land of the free run by real americans who put americans interest first different from today? like day n night

[Robonza]

She doesnt understand supply and demand. Supply of dollars has increased.

[MrOzanachronism]

The Russian ban on grain exports after the forest fires last year hasn't helped either. It's a boon for grain growers in Australia though.

[campeona5]

40 + Million on food stamps in the U.S. Subsidised consumption paid for by currency printed out of thin air! Simples!

[ILLct]

The excess speculation she's talking about comes from bad monetary policy, money printing. You can have constant consumption/production, but more money chasing the same amount of goods will yield higher prices. It's nothing but looting by the government-corporate partnership, with generous help from the Fed, i.e. free money for the corrupt few. You want to stop this, you turn off the Bernanke spicket, raise rates. No need for some brilliantly complicated regulation/subsidy plans.

[Survive2Day]

I don't understand how, with steadily increasing population, the Indians and Chinese are consuming less? And she even says that consumption PER CAPITA is down? Are they losing weight??? Also, the poor harvests in India and Russia have hurt supply (or is that SINCE this interview took place...)

[Survive2Day]

I don't understand how, with steadily increasing population, the Indians and Chinese are consuming less? And she even says that consumption PER CAPITA is down? Are they losing weight???

[Heathencrusher7]

You getting hungry yet...cause food is going away baby!!!!@@@@@