Friday, February 25, 2011

Food Riots Spread

Last week the food riots were in the Middle East and Northern Africa. This week the food riots are in India:
Thousands of people have gathered in the Indian capital, Delhi, to take part in a rally to protest against rising food prices and unemployment.

Food inflation and commodity inflation is a direct response of the Federal Reserve creating money out of thin air to monetize government debt and to provide loans to help bail out the Fed's banker buddies.  The Fed's money printing is pushing a wave of money into commodities, which is causing people to go hungry.  When people are hungry, they go to the streets and riot.

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