This isn’t about flexibility of market, it’s about basic math. If somebody was hoarding 50% of ANY physical market it would crash because retailers would have nothing to sell. Not the 1st world not ANY world.
The third world isn’t starving any more than usual.
The basic reality is this:
If you want to cause inflation you only need to hold about 5% of a market
It’s not actually possible to hoard 50% of the food market, that would cost the ENTIRE Chinese GDP
If such a hoard was hoard was possible (again it’s not) it would be painfully obvious in every store
Your source is a liar
And if you believe a word he says you’re qn idiot
Buh bye
As long as you’re calling me an “idiot,” I’ll have to return the favor and call you a pontificating jack-ass.
Global food supplies are not a static thing. Even if the Chinese have 50% right now, they are still growing wheat in Canada, the Ukraine, the US heartland, etc. Food is a renewable commodity. Put a bull and a cow together, and they make veal and milk, or, if you let the calf grow and don’t shut it up in the basement to tenderize it, it will in turn grow to an adult bull, cow or steer. Wheat, rice, barley and beans are planted every year, and the harvests occur at different times in different hemispheres.
The only way that the Chinese could keep their 50% hold on major food commodities would be if they controlled the means of producing more food. As for the possibility of controlling 50% or more of a commodity, the Hunt Brothers gained control of 100% of silver back in the ‘80s when nobody was looking.
“The third world isn’t starving any more than usual.”
And you’ve been to Romania, Zimbabwe and Indochina lately to verify this? The third world is prone towards starvation, and China is conspicuously callous towards the third world, especially that part of it that is in the way of its Belt and Road project. Ask the Balluchis in Pakistan who are being deprived of a livelihood and displaced by Chinese ‘settlers’. The third world does not happen on TV. One of the few reliable sources as to what goes on outside your TV set is the ION Network out of India, with its Gravitas program and Sky News out of Australia. So you don’t know what the “usual” level of starvation is in neglected parts of the world. You just pontificate like a jack-ass about what you have not seen on American TV, so assume is not happening.
America, Canada, et al., have an in-depth supply of basic commodities, so will not feel the pinch until much later, and by then it will have been made moot by the next year’s harvest. China, for that matter, has a huge manufacturing base, and can afford to obtain and stockpile 50% of the food supply. They consume 20% every year, so it’s not as far a leap from 20 to fifty, just increase purchases during a given year, either through the futures market, as the Hunt Brothers did with Silver, or in outright purchases at the storehouses and docks, where there are daily bidding wars. The two are related.