Tuesday, January 25, 2011
What's fueling oil, food prices? from Asia Times Online
During German hyperinflation early in the last century, the German central bank claimed that there was a shortage of money, while blaming inflation on consumer demand, speculation, and manipulation by profiteers. All nonsense, of course, but present and future oil and commodity price inflation is and will be explained in like fashion. - Hossein Askari and Noureddine Krichene
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