Everything is from the garden or the farm,” she announced. “The salad, the green beans, the peas, the onions, the eggs…well, not the noodles. It’s so nice to have a garden to work with…
July 11th, 2008 | Bill Bonner | 4 comments | ContinuedAll Posts Tagged With: "food prices"
Congress Berates, Rebukes and Ridicules Executives from Five Major Oil Companies
It seems like desperate times call for desperate measures. And the masses, desperate for answers, call on politicians for help. And any political production worth its salt has three main characters: the hero, the martyr and the villain. Heroes (politicians) need a martyr (America’s middle class) and a villain (oil companies) – and, if they’re lucky, a super villain (foreign oil companies).
June 6th, 2008 | Chris Hancock | 0 comments | Continued
What’s Driving The Mogambo Crazy This Week: Price Inflation, Food Prices, Etc
Then, finally, we get to how to magically reduce inflation with “product substitution” in the consumer’s shopping basket (”if flank steak gets too expensive, people are assumed to shift to hamburger, but nobody is assumed to move up to filet mignon”), continuing with the lunacy of the inflation-reducing scam of “geometric weighting” of the items still in the shopping basket…
May 6th, 2008 | Mogambo Guru | 1 comment | Continued
Monetary Inflation is Driving Up Prices
No need to beat around the bush about it. What this means is that monetary inflation is driving up prices. The price of oil is $112. Wheat, corn, soybeans, rice…
April 14th, 2008 | Bill Bonner | 2 comments | Continued
An Abundance of Paper Money is Causing Food Prices to Soar
All over the world, food fights are breaking out. Not because there is too much food or too little, but because it has gone way up in price. Of course, you could put that another way: the paper money in which food is priced is going down faster than usual. There’s no less food than there was five years ago.
April 14th, 2008 | Bill Bonner | 0 comments | Continued