Did anyone...anywhere...mention that capitalism could be relied upon to sort out the agricultural sector? Did anyone recall that a free market – with prices set by willing producers and consumers – works more efficiently than one that is rigged by lawmakers? Did anyone even notice that the farming industry has been corrupted by government money...or ask where the money would come from to corrupt it even more? Apparently not. Apparently, Americans don’t think they can trust free enterprise to feed them.
(As I write this, crude oil is 134.99 and climbing) - Bill Bonner is not enamored with the consequences of political meddling with the economy.
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