Edwards is particularly concerned about the rise in grain prices.
The rise in food prices can be attributed to the Federal Reserve's quantitative easing program, Edwards said. He believes the liquidity will be sucked into whatever fundamental-driven trade emerges as a leader, which in turn moves the asset into a price-momentum bubble."Annual inflation in cereals reached 20%, the highest annual rise since mid-2011 when the Arab Spring was in full flow!" Edwards said.
Several economists have said the Fed's quantitative easing program played a role in hiking up food prices in 2010. However, former US Federal Reserve chairman, Ben Bernanke"The truth though is that central banks have no control over which financial bubbles will ultimately emerge as they spray QE into financial markets," Edwards said. food inflation is a reality.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
FUD
No just restoring order to the people !
OMG, where did all these over-sensitive spaz's come from? 300 idiots break into the capital and now it's a civil war? LMAO. CALM THE F DOWN PEOPLE
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mike Santoli’s market notes: GameStop party gets out of hand, market uptrend remains intactNew for subscribers: Mike Santoli’s market notes: GameStop party gets out of hand, market uptrend remains intact. Check out CNBCPro today. Pro IT IS A FREE MARKET. You don’t like it gtfo. It’s never a problem when hedge funds are making the millions but when us little guys start winning, it’s a bad thing. F-you and the institutions. Pro Naked shorting is illegal anyway, nice of you to straight up lie $GME 🦧
Source: CNBC - 🏆 12. / 72 Read more »
Mike Santoli’s market notes: Stocks taking a breather, Apple is up as the market rebalancesNew for subscribers: Mike Santoli’s market notes: Stocks taking a breather, Apple is up as the market rebalances. Check out CNBCPro today.
Source: CNBC - 🏆 12. / 72 Read more »
Mike Santoli’s market notes: Too early to say if this is a durable market comebackThis is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics. Pro It's not a comeback. Nasdaq is still in red. Pro WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!
Source: CNBC - 🏆 12. / 72 Read more »
Stock market live updates: Nasdaq futures fall, Tesla in bear market, Home Depot declinesNew for subscribers: Stock market live updates: Nasdaq futures fall, Tesla in bear market, Home Depot declines. Check out CNBCPro today. Pro Tesla buying bitcoin was the equity and bitcoin top.
Source: CNBC - 🏆 12. / 72 Read more »
Is The Stock Market About To Crash?Forbes analyzed 11 key market metrics that flashed warning signs just before the stock market crashed in March 2000 I remember when I started, they thought it was a joke, now they all want to be a part of it.. well, the sky is wide enough for all the birds to fly. Invest in Bitcoin today and be forever grateful.. dm lisaMakT for more information
Source: Forbes - 🏆 394. / 53 Read more »