Tuesday, May 27, 2008
what many leaders now see as a much bigger threat to international stability than terrorism.
The Guardian: what many leaders now see as a much bigger threat to international stability than terrorism.
Summit in Rome follows record spikes in cost of rice, wheat and dairy products • Calls for urgent action to tackle serious threat to international stability.
The urgency of the meeting follows historic spikes in the price of some staple foods. The price of rice has doubled since January this year, while the cost of dairy products, soya beans, wheat and sugar have also seen large increases.
Thirty-seven countries have been hit by food riots so far this year!
Stability? inflation? Jobs? Mortgage defaults? Just how low can house prices go?
Posted by malct @ 10:11 AM (400 views) Add Comment
4 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. planning4acrash said...
Politicians
And central bankers claim to control inflation with one hand, whilst they cause it with another. They knew that all the money they printed for the great credit crunch robbery would cause inflation. Ignore this evil, self serving PR stunt.
2. waitingfor hpc said...
Simple answer - take some money back out the system and inflations will go down. Let the recession get going and prices will drop!!!!
3. planning4acrash said...
No. The solution is not to reduce fiat money, that is as bad. We need stability! the solution is a a 100% gold standard and capital reform so that the government and public can claim back assets stolen by bankers whilst controlling our money supply.
4. planning4acrash said...
Bear in mind that, during a depression, bankers will reduce our, not their money supply. Theirs will continue to rise as they mop up after bankruptcy and steal more of our assets by printing more counterfeit money for themselves.