[lbo-talk] Food Prices Again

[brad]

@ Julio: Krugman is wrong, just as he was wrong in 2008 about the same issue

@ Shane: How do you account for the run up and then run down in
commodity prices in 2007-2009?  Take wheat, which had a bumper crop
and huge surpluses, what caused its price to more than double only to
fall back down 9 month later.  There is no way to explain this with
fundamentals.  And I have $100 to short commodity prices by late
summer.

Brad