larry kudlow blames the fed for food riots

my question to larry is, if the fed wasn’t printing dollars to bail out the wall street banks would wall street still exist? in other words is the fed saving wall street at the expense of the 3rd world?

“Commodities are priced in dollars, and the Federal Reserve has been overproducing dollars for more than two years. Consequently, emerging markets throughout the world — and the food sector in particular — are suffering from rising inflation.”

read more here:

http://www.nationalreview.com/articles/258506/bernanke-and-ethanol-sink-egypt-larry-kudlow

About these ads

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s