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Original Content at https://www.opednews.com/Quicklink/Perils-in-The-Price-Of-Ric-in-Best_Web_OpEds-080404-199.html (Note: You can view every article as one long page if you sign up as an Advocate Member, or higher). |
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April 5, 2008
Perils in The Price Of Rice
By Sheila Samples
The new danger is global inflation -- most worryingly in food prices, but also in prices for commodities, raw materials and products that require petroleum energy, which includes almost everything. Prices for these goods have been skyrocketing in international markets -- at the same time the Federal Reserve and other central banks have been hosing the world with new money in their efforts to avoid a financial crisis.
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The new danger is global inflation -- most worryingly in food prices, but also in prices for commodities, raw materials and products that require petroleum energy, which includes almost everything. Prices for these goods have been skyrocketing in international markets -- at the same time the Federal Reserve and other central banks have been hosing the world with new money in their efforts to avoid a financial crisis.Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.