Thursday, February 03, 2011

The Inflation Intifada: Hunger And Revolution In The Third World - Jerry Bowyer - The Great Relearning - Forbes

The Inflation Intifada: Hunger And Revolution In The Third World - Jerry Bowyer - The Great Relearning - Forbes

The point is that with economic power comes economic responsibility. With the status of economic super-power comes the burden of economic super-responsibility. The U.S. dollar, at least for now, is the reserve currency of the world. When we explicitly tinker with its value we implicitly tinker with the currency values of the world. When we force food into gas tanks, large swaths of the world starve. When western elites fiddle, the cities of the world burn with revolution.

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