There’s more on corn prices, inflation and politicians’ lack of joined up thinking over on Venture Chronicles. I particularly like this This is not to suggest that biofuel is not something that deserves this attention, but to subsidize domestic ethanol while imposing a tariff on imported ethanol and ignoring the basic science of corn-based ethanol, […]
Tag Archives | inflation
Raymond J. Learsey, over on the Huffington post is suggesting that the US should adopt fuel rationing as one way of cutting down the amount of gasoline that is consumed by the US. Well you could try rationing,
There’s an interesting piece about the longer term trends in food pricing in the US over on Truegrit whihc has an idea for the economy. Of course if demand for food stays the same and you start reducing the amount of food available then the price of food will rise.
There are some more thoughts on biofuels and inflation over on the Dry Creek Chronicles. The article pulls together some of the threads affecting pricing of food and changes in farming practice int the states but it doesn’t address knock ons in terms of stress to the land, and water resources in the medium term. […]
There are some useful numbers on the effects of changes in the price of corn and gasoline on inflation in the United States in an article written by one of my colleagues at ICIS. (Disclosure: I work for ICIS: About ICIS) cutting to the chase, Al Greenwood says
Don Sturber has seen a report on AP that the rising price of corn in the US is fueling inflation there. We agree that a better way to cut the dependence on overseas oil and reduce inflationary pressures would be to import sugar ethanol from Brazil. But that would require dropping the 50-cents-a-gallon tariff on […]