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July 20, 2011

Speculation Drove Wheat Prices Up While Supply Expanded

Jay host of Real News TV interviews Jayati Ghosh discussing how mega corporations are hoarding commodities waiting for the prices to artificially increase via speculation from commodity trading firms. Outstanding interview, and you’ll want to watch it if you want to learn why oil isn’t the sole reason why your bread and milk continue to increase by the day.

Filed Under: Opinion Tagged With: analysis, business, cooking, creating food price bubbles, dodd franks bill, Economy, finance news, food prices, food prices surging, Glenn Corp, Hedge Funds, hoarding, investment options, oil speculation, rice market, speculation, stock, supply and demand, trading stocks, Wall Street, wheat prices

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