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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: RJA_ who wrote (93662)4/20/2008 10:01:31 AM
From: Tommaso  Read Replies (2) of 110194
 
>>>But unlike previous bubbles that mainly involved speculators in shares and housing, the current spike in food and fuel prices is causing hunger and misery across the globe.
<<<

This is a pretty big jump from interest rates to starvation.

Starvation is the result of a lack of food. The high price of food relative to other things is a consequence of the scarcity of food. Greenspan and Bernankee can be blamed for a great many problems, but they are not responsible for world food production.
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