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Interesting post greebly, but dollar/yuan printing is not the only factor when it comes to food prices. Many maize crops worldwide (most noticeably in the US & Brazil) a switching from food producing to energy producing; using the corn to produce ethonol instead of food. Plam oil plantations in SE Asia are doing the exact same thing - less food production, more alternate energy production.
This is already having an impact on food prices as lower global yields combines with greater demand with an increasingly industrialised middle class in many developing nations.
I don't disagree with the premise or analysis - things may very well pan out this way. We don't think the US became all green and globally responsible overnight whilst their political slide to the right continues, do we?
This is already having an impact on food prices as lower global yields combines with greater demand with an increasingly industrialised middle class in many developing nations.
I don't disagree with the premise or analysis - things may very well pan out this way. We don't think the US became all green and globally responsible overnight whilst their political slide to the right continues, do we?