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March 7, 2012 05:12 pm PST

More evidence that financial speculators drive crazy food-price swings

A new study on the link between financial speculation in commodity markets and food-price spikes shows that the model can be used to predict future food-price spikes, strengthening the case that financial speculators (fleeing the collapse of the housing market) art the root cause of the violent food-price swings that have been blamed for global [...]


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/tNSndq1mw20/more-evidence-that-financial-s.html

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