Friday, August 26, 2011

So Riots are not in the offing World wide as the Dollar is forced Lower ??

http://www.zerohedge.com/news/guest-post-federal-reserve-policy-mixed-extreme-weather-has-put-world-fast-track-revolution-and
So Riots are not in the offing World wide as the Dollar is forced Lower ?? Any body not connecting the dots yet?? Arab spring with Muslim brother hood and food strikes world wide ??

http://www.theblaze.com/stories/ron-paul-afraid-angry-mobs-could-strike-u-s-like-they-did-in-europe/
“‘The truth of the matter is that when the Federal Reserve moved on the quantitative easing, it did export inflation to a lot of these emerging markets…. There’s no doubt that one of the side effects of the weak dollar and quantitative easing has been rising commodity prices. It helped create this bullish environment for commodities. This is a very delicate balancing act.’
It’s a view shared by Ed Yardeni, a veteran financial market analyst, who reached a similar conclusion in a research note to investors…. He joked that Fed Chairman Ben Bernanke should be added to a list of revolutionaries, since his quantitative easing policy, unveiled last year in Wyoming, has provoked unrest and change in the developing world.
‘Since he first indicated his support for such a revolutionary monetary change… the prices of corn, soybeans and wheat have risen 53 percent, 37 percent and 24.4 percent through Friday’s close,’ Yardeni noted. ‘The price of crude oil rose 19.8 percent over this period from $75.17 to $90.09 this (Monday) morning. Soaring food and fuel prices are compounding anger attributable to widespread unemployment in the countries currently experiencing riots.’”

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