The food rioting over price spikes in the Middle East is the latest illusory Malthusian crack-up rooted in devaluationist dollar policy in the U.S. Though we pretend otherwise, every currency in the world has at least a vague peg to the dollar, so when we devalue it’s always a worldwide event. Inflation is and has been “low” under Bush/Obama only insofar as the CPI measure cleverly leaves out the commodities most effective at revealing monetary error.
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.