Forum Post: Food security should be a priority for the G-20
Posted 13 years ago on Oct. 19, 2011, 6:37 a.m. EST by Rolffi
(1)
from Highlands, NJ
This content is user submitted and not an official statement
Seen an article on Bloomberg Businessweek. Speculations are a damn reason why the prices are increasing and people have to be hungry :(.
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I hope the Occupy Movement will be change something!!!
Look at the food price index: http://www.fao.org/worldfoodsituation/wfs-home/foodpricesindex/en/
Most of the variability is due speculations! That's the real garbage :)
Maybe the easy Fed policy of Zero interest rates causing inflation and eroding purchasing power of the consumer. Speculators always been around for commodities like corn, wheat, soybeans, it sounds like marxist garbage.