Thursday, May 5, 2011

Potential Food Price Explosion?

As I have recently been reading various news reports concerning current world events, both natural and man-made, I get a real sense of foreboding when I consider how food prices and even availability may potentially be affected.

Here is a list of things I have come across just recently:
  1. Japan has been importing U.S. beef at record levels recently
  2. The Federal Government has been blowing up levees around the Mississippi due to record flooding.  All this has resulted in 1000s of acres of farmland around the Mississippi being rendered unusable this year.  That means reduced crops and thus reduced supply.
  3. Record dry weather and out of control fires across Europe and the Southern US are wreaking havoc on grain crops.

All of the above ongoing events coupled with the Federal Reserve's incessant money printing (they call it Quantitative Easing) and Washington DC's profligate spending appears to me to be a recipe for some very serious food price increases if not outright food shortages in the coming months as ever more dollars chase after diminishing goods.

The situation is dire and I doubt very seriously if the average American citizen is even aware of what is going on.  We are too wrapped up in weddings, reality tv, politically expedient military operations, and all the other sycophantic rhetoric being spewed by the main stream media to take notice.  I wonder what it will take for the majority to notice?  $20 milk? 10$ loafs of bread? Empty shelves?  I fear we will soon find out, but only just after it is too late.

 A hungry citizenry is an easily controlled citizenry.  Our so-called political leaders have already said "never let a good crisis go to waste".  A good food crisis would be just the thing to avail themselves of more power grabbing, freedom robbing actions.


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