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Food Price Rises Are Not Tolerated Long

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Monty Pelerin / EconomicNoise.com

Nothing creates more unrest than food prices. This video is not good news. It might also be added that central bank monetary policies are driving food prices higher than many incomes can afford. Quite simply, monetary policy is driving prices up but not wages.

Note that markets, when allowed to work, correct supply and demand imbalances. They are no longer working properly as a result of past and continuing interventions.

 



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    • Pix

      ” It might also be added that central bank monetary policies are driving food prices higher than many incomes can afford.”

      Do you know how many people have starved to death in 3rd world countries because America had repeatedly destroyed and prevented them from developing?

      I guess karma is true after all. Bon appetite.

    • Old Harry

      I went to see a movie called the hunger games awhile back and I thought what a stupid movie as this would never happen in a civilized society. But as each day passes and food becomes more expensive and the government and their employees become more powerful and the laws become more restrictive I now consider the author’s plea and message that I overlooked. The message was clear. Government was the most powerful Oz, and those outside the confines of government lived under grave restrictions and poverty. This site published an article called the takers vs the makers sometime back and I wish they would re-print it as it makes more sense every day in which I read about government control and food prices that soar.

    • Anonymous

      Systematic Dollar Devaluation. Go to the Fed’s website and see for yourself.

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