http://www.duncanriley.com/2007/12/05/hidden-inflation-the-bread-test/ blogging is not a spectator sport Mon, 15 Mar 2010 17:39:20 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.duncanriley.com/2007/12/05/hidden-inflation-the-bread-test/comment-page-1/#comment-203624 Peter Cooper Wed, 05 Dec 2007 15:33:46 +0000 http://www.duncanriley.com/2007/12/05/hidden-inflation-the-bread-test/#comment-203624 As well as the drought problems (and the impracticality of importing bread to make up the deficit), there's also the growing problem of "eco friendly" fuels like bio-ethanol <a href="http://www.technologyreview.com/Energy/18173/">causing wheat and corn prices to rise</a> (due to the demands on the land). As well as the drought problems (and the impracticality of importing bread to make up the deficit), there’s also the growing problem of “eco friendly” fuels like bio-ethanol causing wheat and corn prices to rise (due to the demands on the land).

]]> http://www.duncanriley.com/2007/12/05/hidden-inflation-the-bread-test/comment-page-1/#comment-203482 Anthony Wed, 05 Dec 2007 06:21:53 +0000 http://www.duncanriley.com/2007/12/05/hidden-inflation-the-bread-test/#comment-203482 Bread would be much more expensive right now because wheat has hit a record high price. Caused by a combination of the drought in Australia, flooding in Europe and increased demand for grain in India/China. Bread would be much more expensive right now because wheat has hit a record high price. Caused by a combination of the drought in Australia, flooding in Europe and increased demand for grain in India/China.

]]>