Why the global food shortage is a myth
Geopolitics Decanted by Silverado
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What's the Job of the Market?
The price of wheat is now sitting right back where it was before the war started. Dmetri that, as i like to say, when confronted with this kind of supply shock and global go political risks, what's the job of the market? It's really economic, anomic economic terms, really simple to describe. Run that price up high enough to get those tasks accomplished. And right now the market is saying, job well done.
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