understanding politics, considerations

Food and Energy


April 7th, 2008 · Business, Economics, and Finance, Food and Recipes, World Affairs

The price of food is sky­rock­et­ing. (See here.) This is why I pre­dict that the United States will enter a period of stagfla­tion soon: The econ­omy will slow sig­nif­i­cantly, but the prices of food and oil — and every­thing that depends on them — will con­tinue to rise.