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Old 11-02-2012, 05:59 AM   #97 (permalink)
niky
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The Pope, most certainly, does his best to convince the world that condoms are the root of all evil, and that the admonition to "go forth and multiply" was meant in an exponential fashion.

Food and oil prices rise for the same reason anything does. Speculation. Wild speculation. Western economics has exposed bankers the world over to the joys of financial speculation. That oil hit $40 during the crash of 08 didn't mean oil suddenly became 60% cheaper to make. Just that gambling in oil futures had taken a nosedive. Let's not forget. Those same idiots who gambled on real estate and oil also did the same with food futures.

Of course, biofuel has an effect on prices, but not as big as the absurd demand for beef from a rapidly expanding middle class, shortfalls in production due to fickle weather and the trillions of former oil dollars circulating like swarms of starving seagulls, looking for a safe haven from inflation.

And still... it'd be interesting reading as to how GMOs tie in to any of this. (bearing in mind that we've been genetically modifying wheat, grain and other crops for millenia... just in a more indirect manner... I don't think bananas will ever be the same.)

Last edited by niky; 11-02-2012 at 06:05 AM..
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