Thursday, 8 March 2012

More evidence that financial speculators drive crazy food-price swings

A new study on the link between financial speculation in commodity markets and food-price spikes shows that the model can be used to predict future food-price spikes, strengthening the case that financial speculators (fleeing the collapse of the housing market) art the root cause of the violent food-price swings that have been blamed for global [...]

Source: http://boingboing.net/2012/03/07/more-evidence-that-financial-s.html

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