Tuesday, 27 May 2008

Food Prices Rising

Hi,

Why are we surprised that food prices are going up on a weekly basis across the world. The media does not tell the truth when it comes down to Why this is happening.

As I have stated already in my blog, it is a fact that most Governments are printing more and more money. America has increased its money supply by 14% in the last 12 months, this action is breeding inflation.

We can look back in history and find country after country that needed extra money either for a war or some big spending spree that can only be paid for by printing paper money.

Soon the dollar will become worthless if they do not stop the presses soon.

The reason why most governments hate the precious metal Gold is they cannot print more of it when they need it, it makes them be responsible and limits there ambitions.

Banks that triggered this whole mess off should have been allowed to go bust and the directors banned from managing any other company for at least 10 years.

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