[lbo-talk] Food Prices Again

Michael Pollak mpollak at panix.com
Thu Feb 17 18:13:57 PST 2011


On Thu, 17 Feb 2011, brad wrote:


> How do you account for the run up and then run down in commodity prices
> in 2007-2009?

The usual way to account for it is that we had a financial crisis in 2008 that made demand collapse. What's the hole in that argument?

Michael



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