Sunday, May 16, 2010

It's a New Bubble

The beginning of a new bubble--in food?

From the Real News Network comes a report on the possible surge in food prices, not from supply and demand but because of the financial involvement in the commodities futures market. Once again it appears that the origin of the nonsense started several years ago in the U.S. with deregulation,making it easier for speculators to manipulate prices, frequently with slight risks to themselves.


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