I have been reading the views expressed in this forum - most of which are beyond the line of sanity. Secondly I have seen a tendency in most 'educated' and nearly all 'Political'Pundits to create a rift between different classes/Types of people instead of trying to go to the roots of the problem.
Right since 1970 upto nearly 1995 International gold and crude prices were nearly stable at $250 and $25 respectively and during this period we Indians were as foolish/clever as we are now and the world too was as foolish/clever as it is today. The percentage of growth of cleverness/foolishness/richness/poorness/whatever you wish has always been a near constant between 5% and 10%, therefore there is nothing new happening in this world today that we have not been thru normally over the past many decades - there are no major droughts/floods or such calamities anywhere in the wold which we may call MAJOR or ABNORMAL - inspite of everything being NEARLY NORMAL we are seeing a JUMP in prices of CRUDE by nealy 400% in Gold by 400% in Real Estate by 400% and ofcourse now Food Products are too bound to go up atleast by 100% - NOW it is for one to ponder WHY - WHY prices were just normally increasing by 5 to 10% in the 70's 80's and 90's BUT WHAT is so special now??that prices are SKY ROCKETING - China India Brazil and a few other countries are starting to get too close(for comfort)to US and EUROPEAN BIG LORDS hence this BIG BULLY manipulation by developed world against the geveloping one
RE:FOOD PRICES visavis INFLATION
by Anand sodo on May 11, 2008 06:08 PM Permalink
(Continueing..)The Big BULLIES are rich nations and they/their governments will be able to MOVE around this problem(The US housing recession)while the newly developed countries(Economies) will once again be thrown into turmoil and will have to STOP GROWTH or face REVOLUTIONS in their respective nations - This is INTERNATIONAL MANIPULATION at its best sponsored by the GOVERNMENTS OF AT LEAST MORE THAN ONE (BIG BULLY)COUNTRY