Comments on: Act II of the Food Crisis? http://dailyreckoning.com/act-ii-of-the-food-crisis/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Fri, 10 Feb 2012 21:21:03 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Rasmus http://dailyreckoning.com/act-ii-of-the-food-crisis/#comment-12014 Rasmus Tue, 16 Jun 2009 00:17:17 +0000 http://dailyreckoning.com/?p=16428#comment-12014 Hmm, what will happen in 5-10 years if oil supply goes down down down =) Hmm, what will happen in 5-10 years if oil supply goes down down down =)

]]> By: Cliff http://dailyreckoning.com/act-ii-of-the-food-crisis/#comment-11969 Cliff Mon, 15 Jun 2009 22:58:56 +0000 http://dailyreckoning.com/?p=16428#comment-11969 Where do you get your info on corn stocks ? ( available supply) You couldn't even haul all of the corn, (in the bin or elevators) in four weeks let alone eat it up ! Down 19.4 cents today, that's a shortage ! It will go down in price but not from a shortage, but because some traders are messing with the market. Where do you get your info on corn stocks ? ( available supply) You couldn’t even haul all of the corn, (in the bin or elevators) in four weeks let alone eat it up ! Down 19.4 cents today, that’s a shortage ! It will go down in price but not from a shortage, but because some traders are messing with the market.

]]> By: kimo http://dailyreckoning.com/act-ii-of-the-food-crisis/#comment-11900 kimo Mon, 15 Jun 2009 21:01:39 +0000 http://dailyreckoning.com/?p=16428#comment-11900 "I can’t understand why there are pundits who insist we can’t have inflation while the economy is weak." Those pundits would probably say that you are confusing scarcity with monetary inflation, a distinction worth making IMHO. Thus even while money/credit is contracting and dollar value increasing, scarcity can be an overriding price driver for necessities like food. If you wish to prove inflation, best look for evidence of money/credit expansion. Happy hunting. “I can’t understand why there are pundits who insist we can’t have inflation while the economy is weak.”

Those pundits would probably say that you are confusing scarcity with monetary inflation, a distinction worth making IMHO. Thus even while money/credit is contracting and dollar value increasing, scarcity can be an overriding price driver for necessities like food.

If you wish to prove inflation, best look for evidence of money/credit expansion. Happy hunting.

]]>