tag:blogger.com,1999:blog-8515247115132134144.post4888460547928202730..comments2024-02-17T12:34:01.400-08:00Comments on Illusion of Prosperity: Food vs. Industrial CommoditiesStagflationary Markhttp://www.blogger.com/profile/04568993350246477976noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8515247115132134144.post-1022951916168270052013-08-21T11:37:33.245-07:002013-08-21T11:37:33.245-07:00Mr Slippery,
For what it is worth, I expect Great...Mr Slippery,<br /><br />For what it is worth, I expect Great Recession II to put downward pressure on industrial commodities.<br /><br />I just don't believe in the China story long-term.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-19410208923983125192013-08-21T11:17:57.589-07:002013-08-21T11:17:57.589-07:00I'm sure there was pent-down demand vs. food i...I'm sure there was pent-down demand vs. food in the run up to the bubble pop. Notice that is levels out around 2000. I suggest that high oil prices as an input to food production will keep food inflation competitive with other commodities going forward.<br /><br />This actually gives me an idea for another post, if I have time to get to it today.Mr Slipperynoreply@blogger.com