Is QE3 Accelerating the World Hunger Crisis?
by Brittany Stepniak, Wealth Wire:
Food price spikes have hurt families in the United States and across the globe in recent years especially. The ravages of natural disasters and war have taken a toll on the agriculture industry, but something else, clearly man-made, has come to play a detrimental role in world hunger: The Federal Reserve.
Americans have long been skeptical of this non-government agency that controls so much of our lives – almost entirely for the worse. Now, Hazel Henderson with Ethical Markets has come forward to explain how commodity speculation has contributed greatly to the world hunger crisis. Quantitative easing has dramatically increased world hunger, according to Henderson.
Whether you’re looking at the effects of QE1, QE2, or QE3, there’s a common denominator – not a a single session of quantitative easing was successfully able to stimulate anything other than inflation. Our economy is barely hanging on by its made-in-China bootstraps while families struggle to put food on the table for their families.
2012-12-06 07:19:40
Source: http://sgtreport.com/2012/12/is-qe3-accelerating-the-world-hunger-crisis/
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