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Greggs Chief Attacks Speculators For Driving Up The Price Of Wheat

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Guest Bart of Darkness
The managing director of Greggs, the high street baker, has attacked speculators for driving up the price of wheat and fuelling famine in Africa.

Ahh a true humanitarian. nice to see the big bosses can be motivated solely by altruism.

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Is it the investors, who are pulling out of mortgage backed investments, putting their money in commodities instead? (As Ian MacWhirter suggested)

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It is not the speculators. It is the the result of central bankers turning money into confetti cumulatively over the last ten years and insisting on "growth" that is unsustainable.

Whilst the productive capacity has been stripped from the West (an entirely intentional move) we've had financial bread and circuses to to keep us ignorant of the realities of the situation, we'll be left with the circuses like Northern Rock et al.

How much does a loaf of bread cost in Zim dollars?

Edited by OnlyMe

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It is not the speculators. It is the the result of central bankers turning money into confetti cumulatively over the last ten years and insisting on "growth" that is unsustainable.

Whilst the productive capacity has been stripped from the West (an entirely intentional move) we've had financial bread and circuses to to keep us ignorant of the realities of the situation, we'll be left with the circuses like Northern Rock et al.

How much does a loaf of bread cost in Zim dollars?

Last time I heard - 4.5 Million Z$!

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  • 297 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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