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Inside Story - Global food crisis - 29 Apr 08 - Part 1

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Uploaded by on Apr 30, 2008

Twenty-seven key UN agencies have been meeting in the Swiss capital Bern to hammer out a solution to the growing global food crisis. The meeting is expected to produce a plan of emergency and long-term measures to combat the crisis. Inside Story asks how workable such a plan will be and what obstacles it might face.

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  • Good analysis. I wasn't aware that the foodstuffs are being priced in USD, and are therefore affected by the flood of dollars on the market. Just like oil. The value of the USD goes down, so it takes more to buy commodities.

    So Bush, et al, are to blame for this, too. Why am I not surprised.

    The Fed must go. We don't need it. It's past its use-by date. It's poisoning the world economy, and its only going to get worse. There's only one presidential candidate that will get rid of it: RON PAUL.

  • Stop supporting war criminals such as USA government and others, instead of spending the money on killing innocent people to steal their oil for cheap price, to build an empire of criminals, STOP WARS, spend it on PEACE that is how u going to solve it, but as long as u cant see the truth of the root of the matter is not going to be solved, TODAY U WOKE UP, OH WOW. well well welcome to reality.,

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  • Give a poor farmer a chance, half have been flooded and killed by global destruction around the planet. Please look at my file on Global Catastrophes on my blog..., I'll be making a dozen of them, 200 videos each to remind the world that it's going down now, not in a million years, not by 2050, it's going down right now!!!

  • That's The Way You Do It, Get Your Money For Nothing And Your Checks For Free!!! 1984!!!

  • I Want My MTV!!!

  • then we have something to agree upon although i dont agree at all with milion friedman's views.

  • By all means the government should get out of the way and let the consumers dictate what they want from their suppliers. That is the point I attempted to make. No one, particularly the governments, should confiscate any property.  Again, less government intervention, maintain property rights, let the market speak. Freidman.

  • P3

    What happens if the government where I live take my property without my consent except if I'm in debt? I'm at war with them. But anyway, Arab countries are already investing in agriculture so they won't be dependent on the western agri market anymore and beside they are rich in resources as well and once oil has run out, they'll definitely switch on solar panels.

  • P2

    and then process it further in order to sell it thrice as much they bought thus generating enourmous profit, so why doesn't the government step in and say to the large food companies, allow the consumers to make decision how much they'd like to pay for the food products with the condition that the corporations makes profit with some significant marge?

  • I demand that a rice of 10kg which is produced abundantly not to exceed more than 8$ and so on...that's the demand that we or i seek. If the government pumps billions of dollars of fiat currency in the economy, this might encourage large food companies who purchase unprocessed food products from producers for less (law of supply and demand like if they produce more than the consumer need, the unprocessed food prices are going down)

  • I demand a foot massage and a sandwhich. Sound arbitrary? Too bad, when you're not the one in charge. How about a new out of touch bureaucracy enforced the government that will force YOU to do it or throw you in jail and take your property. Your idea a seed for socialism and ultimately failure. Read "The Road to Serfdom" by Hayek. Really.

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