The news is everywhere about the actions the Federal Reserve is expected to announce today: Buying $500 billion to $1 trillion in government debt and driving down already-low long-term interest rates. In one article, it’s described as a “big gamble” and “a desperate act.” Another article cites market participants who describe the anticipated move as [...]
Expected Fed Action Described As ‘Big Gamble’ (Update)
November 3rd, 2010 · 8 Comments
Tags: · $600 billion, bryan binkholder, commodity prices, debt, devalued dollar, Expected Fed Action Described As 'Big Gamble', fed, Federal Reserve, financial coach, Food and Drink, food price, Fuel, fuel price, government debt, inflation, interest, interest rate, long-term interest rate, printing money, riots, the fed, the financial coach, treasurys, unemployment, unrest
Food Rationing Reported on Coasts!
April 21st, 2008 · 2 Comments
Rationing is here, according to an article, Food Rationing Confronts Breadbasket of the World, in today’s New York Sun: Major retailers in New York, in areas of New England, and on the West Coast are limiting purchases of flour, rice, and cooking oil as demand outstrips supply. There are also anecdotal reports that some consumers [...]
Tags: · breadbasket of the world, cooking, corn, flour, food rationing, food supplies, grain stocks, new england, New York, rationing, rice, unrest, west coast
Riots, Unrest Predicted as Price of Rice Soars
March 28th, 2008 · 4 Comments
Rice is produced worldwide and is the primary staple for more than half the world’s population, according to the USDA Economic Research Service’s Rice Report. So when prices for this food staple and others skyrocket overnight, it’s not surprising to see that riots and unrest are being predicted around the world: Philippine activists warn about [...]
Tags: · alternative fuels, bangladesh, Brazil, China, corn ethanol, European Union, Financial Times, food prices, global food costs, high food prices, India, indonesia, International Herald Tribune, Iran, japan, Pakistan, Philippines, price of rice, rice, rice exporting countries, rice importing countries, rice prices, rice prices soar, rice report, riots, Riots Unrest Predicted as Price of Rice Soars, Russian Federation, Saudi Arabia, thailand, u.s.a., United Nations, unrest, Unrest Predicted as Price of Rice Soars, USDA, Vietnam
