Zyroh
Member
- Joined
- Jan 6, 2011
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- 237
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Youths riot in Algeria over high food prices
Sugar prices (and all other foods as well) started going up with QE. It's happening here too. I understand the need to keep the liquidity gravy train rolling, but how long before we realize that it's making things worse?
(if you don't feel this fits in the politics meme the question morphs into how long till we put the federal reserve in receivership?)
ALGIERS, Algeria – Riots over rising food prices and chronic unemployment spiraled out from Algeria's capital on Thursday, with youths torching government buildings and shouting "Bring us Sugar!"
Sugar prices (and all other foods as well) started going up with QE. It's happening here too. I understand the need to keep the liquidity gravy train rolling, but how long before we realize that it's making things worse?
(if you don't feel this fits in the politics meme the question morphs into how long till we put the federal reserve in receivership?)