peter bickley

Last time I appeared in this space, I wrote about the implications for so-called inflation when the ...

Last time I appeared in this space, I wrote about the implications for so-called inflation when the oil price bubble burst. It looks as though we are now seeing that playing out very nicely, though the somewhat shocking hikes in gas prices tell us the leads and lags here may be somewhat rough and tumble. Having gathered in an excellent hay harvest back at the alpaca ranch, I turn to wondering about that great food price threat. Was it all just the latest investment fad? Many of the drivers for bubble oil were present among the basic foodstuffs, including a difficult-to-quantify contri...