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Fueling food inflation
Posted: 5 July 2013

The World Bank is convinced that, these days, the most important factor influencing food prices is the oil price, or the cost of fuel.

As China is firmly on this trajectory of more cars and more affluent lifestyles, the scenario we wrote about in this MindBullet could become imminent.

As the Cost of Energy Goes Up, Food Prices Follow
5 July 2013
A large increase in crude oil prices stands out among numerous factors to explain most of the jump in food prices over the last decade. Indeed, as we found ...
MindBullet logo FUEL AND FOOD CRISIS SPARKS NEW GLOBAL INFLATION SPIRAL
Millions of automobiles and western lifestyles push China's consumption beyond sustainable limits. It's another '70s style stagflation scenario.
Dateline: 25 August 2017
Even as computers and electronic devices become as cheap as the value of their waste components, prices are rocketing up for gasoline, diesel and food ...
 
 
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