Did Bernanke Caused 2011 Food Riots?
But where did all the anger and hatred come from? Who can we blame at the top for these troubles? It is really the government we should be blaming for all this mess.
The real question that should be asked, is should we really blame the rioters, or people like ben bernanke for pumping the Q2 quantitive easing monetary measure.
And now we are seeing the effects on the economy.
Many people do not understand that commodities are priced in dollars, and the fed have been printing the us dollars for many months, for over two years.
That is putting significant pressures on food and it is suffering from rising inflation.
The CRB or commodity index is up over 35%, in the last 12 months.
Metals are up sharply as a hedge against inflation.
But the food riots that have been going on overseas are more alarming.
People have simply had enough with the bad decisions of an autocratic government.
With all monetary measures and food riots we could be on the cusp of one of the biggest revolutions the world has ever seen.
Just think to what is happening in Egypt, where 1 million protesters lined the streets in protest to a criminal leader that does not want to leave office.
There are many people slowly waking up and in financial difficulties, and the trends we see are for this to continue.
People will soon not accept to be left in limbo.
When they lose everything, and have nothing to lose, they will rise up and cause grief to those that have done wrong by them.