To: Hojczyk
then U.S. monetary policy has to shoulder at least some of the blame.That's right. Blame everything on the mean ol' US. It's Bush's fault! It's Palin's fault! It's the Tea Party's fault! It's the GOP's fault! It's the Ugly American's fault!
2 posted on
01/30/2011 3:01:13 PM PST by
bgill
(Kenyan Parliament - how could a man born in Kenya who is not even a native American become the POTUS)
To: bgill
Actually, it IS the fault of huge US budget and trade deficits, Fed-induced low interest rates, massive money creation to buy US debt, and the total abuse of the dollar as the world's reserve currency.
We have imported food price inflation to the world.
5 posted on
01/30/2011 3:11:33 PM PST by
JustTheTruth
(Sometimes the Truth hurts so much that the masses refuse to face or accept the obvious.)
To: bgill
Hate to bust your bubble, but we have sold over 1.5 million tonne’s of wheat to egypt in the last few months, wheat is higher in the good old united states because of the a/holes that want to pay farmers to grown fuel instead of food. Russia? cut them off last fall due to drought in Russia.
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