Global Food Price Index Hits Record (WSJ)
this is what happens when ridiculous money printing by central banks meets market uncertainty, structural rebalancing and "capital hoarding" by private sector, i.e. it is a fallacy that a great surge in production of goods and services will result from an expansion of the money supply, unless of course the demand for credit accelerates past the point at which "systemic crisis" was reached
efforts to "manage" the inexorable law of demand and supply through manipulation of the currency are doomed to failure with "unintended consequences" like these: loss in quality of life for those on fixed incomes, malnutrition and starvation for the poor, and so on
a sound money free market will inevitably serve more customers with more affordable choices than any other system, and charity will easily cover the bottom fringe of the unemployed if one lets the local communities handle it with no bureaucracy - this insane, death-dealing, genocidal hunger can be ended with real quickness, people, the productive capacities exist today, not in the future, the agricultural innovations exist today to end world hunger rapidly
meanwhile, the state is becoming irritable at all this "capital hoarding" by cash-rich companies, as the other day Barack said, the private sector was not doing its' part in "creating jobs" by holding on to its' money too much! hey, why not build bridges to nowhere? the state salivates with the predictability of Pavlov's dogs when it sees a pile of money anywhere, and when it finds none it borrows, or robs another state! the appetite is inherently insatiable once the business model of buying elections through taxpayer monies is set in motion
the great calamity of 20th c. democracy was that the true promise of universal suffrage was not really delivered, rather exploited by the financial elites to subvert democracy to their own ends and interests; using the "progressive" movement as their political arm, using the cartelized media houses of the Rockefeller and Harriman groups as their propaganda arm, using the public funding of "wealth redistribution" economics in the academy as their ideological arm, and most importantly, of course, using the (technically unconstitutional) Federal Reserve system to finance the whole exercise through monetary inflation - or to put it more simply, THEFT!
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