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Schiff was right, they going for price controls!

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  • #31
    Re: Schiff was right, they going for price controls!

    "It is obligatory to double production as by 2050 the world's population will increase tremendously," said
    I've wondered about this. Ravij's indian water problem article triggered it as well.

    It's the chicken and egg thing.

    Do we need to increase food production to feed a growing population, or is the population growing because we have increased food production.

    I know that the Indian population has exploded since the 1960s. Has this been due to the water intensive practises over there creating more food.

    I am for a more natural organic way of producing food which will increase the price dramatically. This means that there is less money for the fire industries in the monthly pay check of course. mmmmm... I wonder if there is a connection.

    That reminds me of that Elizabeth forgotten-her-name law professor going on about how food was a bigger expense in the old days whereas fire was a lot smaller. Food is more discretionary (steak v mac cheese analogy), but a mortgage is not.

    This also reminds me when my grandfather died in 2001, my mother found his books for the household expenses from 1951. At that time, they had three children. 50% of the monthly household budget went on food. Around 10% on the mortgage.

    Maybe food is a bubble, like FIRE.

    They have to grow more and more to get the price down so the FIRE industry can rob and rob. Of course, more food might mean more people, so to continue keeping the price down, more food has to be produced. This exponential food/pop growth is devastating to the natural environment. How long will it be before the environment says "up yours pal" and we have a world food crisis / and banking crisis. That time might be now.

    It's amazing isn't it that when we look at environmental/health problems (I believe the two are strongly connected), the breadcrumbs always seem to lead to the banking/money system.

    Environmentalists never seem to bother with this issue though.

    Comment


    • #32
      Re: Schiff was right, they going for price controls!

      Originally posted by labasta View Post
      [url="http://search.breitbart.com/q?s=International+Fund+for+Agricultural+Developmen t&sid=breitbart.com"][color=Black]

      I've wondered about this. Ravij's indian water problem article triggered it as well.

      It's the chicken and egg thing.

      Do we need to increase food production to feed a growing population, or is the population growing because we have increased food production.

      I know that the Indian population has exploded since the 1960s. Has this been due to the water intensive practises over there creating more food.

      I am for a more natural organic way of producing food which will increase the price dramatically. This means that there is less money for the fire industries in the monthly pay check of course. mmmmm... I wonder if there is a connection.

      That reminds me of that Elizabeth forgotten-her-name law professor going on about how food was a bigger expense in the old days whereas fire was a lot smaller. Food is more discretionary (steak v mac cheese analogy), but a mortgage is not.

      This also reminds me when my grandfather died in 2001, my mother found his books for the household expenses from 1951. At that time, they had three children. 50% of the monthly household budget went on food. Around 10% on the mortgage.

      Maybe food is a bubble, like FIRE.

      They have to grow more and more to get the price down so the FIRE industry can rob and rob. Of course, more food might mean more people, so to continue keeping the price down, more food has to be produced. This exponential food/pop growth is devastating to the natural environment. How long will it be before the environment says "up yours pal" and we have a world food crisis / and banking crisis. That time might be now.

      It's amazing isn't it that when we look at environmental/health problems (I believe the two are strongly connected), the breadcrumbs always seem to lead to the banking/money system.

      Environmentalists never seem to bother with this issue though.
      Se this:

      http://finance.yahoo.com/echarts?s=U...urce=undefined
      Really says it all, it's all about the dollar. The paper dollar. I think DBA is on the rise, and I think the dollar is trending lower.

      Comment


      • #33
        Re: Schiff was right, they going for price controls!

        Originally posted by jtabeb View Post
        Hudson's take on Chicago and BS comments seem a match made in heaven. Classical Ecoonomics is NOT a subject taught a Chicago (according to my Investment Banker friend who went there). Don't confuse Neo-Fudalism, sorry I meant Neo-Liberalism for Free Markets, not the same.

        Chicago airn't free market (e.g. classical economics in the vein of Adam Smith). Chicago IS Neo-Liberalism at its' finest according to BS (or worst, according to Hudson).

        IMHO, the best Classical Economics school in the US is UKC Mo, Both Black and Hudson were faculty or associate faculty. The real Free-market minds and the best progressive ideas in the US come from there. NOT Harvard, MIT or Chicago.
        This just isn't true - it's impossible to leave Chicago, regardless of major, without reading Adam Smith. Speaking from personal experience, there is a broader range of views expressed by the economics department then what is commonly represented by the louder voices that are known as the Chicago school.

        Comment


        • #34
          Re: Schiff was right, they going for price controls!

          Originally posted by thedanimal View Post
          This just isn't true - it's impossible to leave Chicago, regardless of major, without reading Adam Smith. Speaking from personal experience, there is a broader range of views expressed by the economics department then what is commonly represented by the louder voices that are known as the Chicago school.
          they're not all the same...

          Luigi Zingales, Robert C. McCormack Professor of Entrepreneurship and Finance, University of Chicago - GSB

          Why Paulson is Wrong

          The time has come to save capitalism from the capitalists

          by Luigi Zingales (iTulip)

          Comment

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