Log in
Register
Home
Forums
New posts
Search forums
What's new
New posts
New profile posts
Latest activity
News
Members
Current visitors
New profile posts
Search profile posts
Features
Log in
Register
Search
Search titles only
By:
Search titles only
By:
New posts
Search forums
Menu
Install the app
Install
Reply to thread
Home
Forums
Off Topic
The Basement
hyper inflation in the USA?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
<blockquote data-quote="John Roberts" data-source="post: 23967" data-attributes="member: 126"><p>Re: hyper inflation in the USA?</p><p></p><p></p><p> </p><p>There is some debate between economists about the root cause of food price increases, besides the ebb and flow of regional weather. Indeed some of the unrest in poor nations is due to food prices that are often subsidized by governments, as much as they can, but harder every day. </p><p></p><p>One argument is that the QE and monetary expansion is raising international food prices, while I suspect the more powerful fundamental cause, is citizens in developing nations eating higher up the food chain. As the developing world acquires a western-like taste for beef and meats, the amount of animal feed required to make the equivalent number of meat meals compared to eating simple rice or grain is several times. I doubt they are going to give up their big mac for noodles any time soon, so this demand trend increasing faster and on top of population growth seems irreversible (to me). </p><p></p><p>Maybe we should start eating noodles.. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p><p></p><p>JR</p></blockquote><p></p>
[QUOTE="John Roberts, post: 23967, member: 126"] Re: hyper inflation in the USA? There is some debate between economists about the root cause of food price increases, besides the ebb and flow of regional weather. Indeed some of the unrest in poor nations is due to food prices that are often subsidized by governments, as much as they can, but harder every day. One argument is that the QE and monetary expansion is raising international food prices, while I suspect the more powerful fundamental cause, is citizens in developing nations eating higher up the food chain. As the developing world acquires a western-like taste for beef and meats, the amount of animal feed required to make the equivalent number of meat meals compared to eating simple rice or grain is several times. I doubt they are going to give up their big mac for noodles any time soon, so this demand trend increasing faster and on top of population growth seems irreversible (to me). Maybe we should start eating noodles.. :-) JR [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Off Topic
The Basement
hyper inflation in the USA?
Top
Bottom
Sign-up
or
log in
to join the discussion today!