WarrenJ Posted April 15, 2008 Report Share Posted April 15, 2008 It's no secret that the early primaries in the corn state of Iowa make that a politically important state. Also, it's probably the only reason for our insane policy of burning our corn as ethanol. It's energy efficiency negative to do such a thing; nonetheless, we do it anyway. Where is the reason? With world wide implications I give you this: "Food Costs Rising Fastest in 17 Years." Courtesy of Iowa farmers and your own Uncle Sam. http://biz.yahoo.com/ap/080414/inflation_squeeze.html?.v=4 Regards, Warren There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. - Ludwig von Mises Link to comment Share on other sites More sharing options...
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