On May 8, 11:39=A0pm, "V-for-Vendicar"
<Just...@[EMAIL PROTECTED]
> wrote:
> =A0 Ethanol is another AmeriKKKan boondoggle. =A0But it's not having any
> significant impact on food prices. =A0The collapsing U.S. dollar is
largel=
y to
> do with high U.S. prices, and speculation on an increase in demand (for
> food) relative to production is the primary reason for the price
increase.=
Rising oil scarcity is driving up costs of anything requiring its use.
It was assumed by the naive that food trans****t costs (plus plowing,
fertilizer, and harvesting) would remain cheap relative to returns.
You had the likes of Julian Simon claiming that everything was
magically getting cheaper - because money wasn't reflecting actual
depletion. Money takes too long to warn of scarcity because the greedy
fix prices for personal gain.
It has only taken a doubling of oil prices to reveal the cheap food
folly. Now, some are predicting $200/barrel oil within a year. This is
why "Peak Oil" is no small detail. It's an economic disaster that
should be making headlines. People sit around complaining about
prices, as if accountants can replenish finite reserves! The obsession
with money over true wealth is truly evil.
If there's a real conspiracy out there, it's the unwillingness of
governments to educate people about physical scarcity. The prevailing
notion is that cheap energy is a birthright, and somehow being
withheld from the m*****.
People should realize that oil was something we just stumbled upon,
and it never came with an escape clause. With mindless population
growth pu****ng demand ever-higher, the situation is absurdly tragic.
E.A.
http://enough_already.tripod.com/
Nature is in charge, not money.
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