Foreign demand for quinoa putting staple crop out of reach of ordinary Bolivians.
The article notes there are related problems being caused by Western demand for asparagus and soy.
Then there's the inflationary hammer on corn-importing nations caused by ethanol mandates....
In the meantime, the media is swarming to get to the bottom of the Manti Te'o non-girlfriend non-story.
A middle-aged husband, father, bibliophile and history enthusiast commenting to no one in particular.
Showing posts with label So Much For Deflation. Show all posts
Showing posts with label So Much For Deflation. Show all posts
Thursday, January 17, 2013
Thursday, March 19, 2009
What could possibly go wrong?
Looks like I'm going to have to spend my toilet paper and wipe with greenbacks.
Holy hyperinflation, Batman. Even the Times admits it's "creating vast new sums of money out of thin air."
Which, as even an economic illiterate can sense, drives down the value of the money already in circulation.
But at least we know the President thinks the Tarheels will win the NCAA tourney, so we got that going for us.
[Belated h/t to RSM, whose "Weimar America" line is so unnerving I'm going to rip it off.]
Holy hyperinflation, Batman. Even the Times admits it's "creating vast new sums of money out of thin air."
Which, as even an economic illiterate can sense, drives down the value of the money already in circulation.
But at least we know the President thinks the Tarheels will win the NCAA tourney, so we got that going for us.
[Belated h/t to RSM, whose "Weimar America" line is so unnerving I'm going to rip it off.]
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