Food Fight

摘要

We should all take a deep breath and stop complaining about the price of food. It is likely that food prices will come down, way down, by 2010. The usual culprits cited for the recent run-up, from speculators to poor Australian harvests to India and China, are not the bad guys here. The newly prosperous in India and China are indeed having an impact but in a different manner than is commonly perceived. And financial speculators, who are being widely blamed for the problem, are stepping in where governments used to function, holding buffer stocks and warding off price hikes.