April 27, 2008

Commodity Pricing

By Author-ED

Full Story Here.

This is an excellent analysis of the state of oil prices around the world, as priced in different currencies.

I would like to know if similar analysis has been done with other commodities, such as corn, rice and soya products.

As we can see, the intentional depreciation of the US dollar by American policy makers is inevitably resulting in extreme inflation, even for Americans. One might even go so far as to suggest that this is a form of economic terrorism, but I’m not quite there yet.