Tuesday, May 3, 2011

Only The Strong Survive or The Meek Shall Inherit the Earth?

Those with hedges maintain their purchasing power, i.e. live kings, while the vast majority of the people on the planet struggle to eat and survive. A book called "Origin of Species" proposed a theory of natural selection that states "only the strong survive". Unfortunately, there's also another famous book that suggests that the meek shall inherit the earth.

Headline: Super Rich love to bet on commodity inflation

Nobody wants to hear the truth. Not Big Oil. Not Big Ag. Not Wall Street. Not the Super Rich. Not China’s billionaires. Not Washington insiders on the take. They do not want to hear the relentless warnings of a Cassandra Chicken Little Crying Wolf about the “End of the World as We Know It.”

Forget the truth. In their minds all that matters is that they’re getting more powerful and richer and richer.

Nothing else matters in their upside-down world: Wealth increases at the top. Global poverty balloons everywhere else where living on $2 a day is it for a third of the world. Easy pickings. The rich only see more opportunities to make more money when they read in Foreign Policy Journal that “in the United States, when world wheat prices rise by 75%, as they have over the last year, it means the difference between a $2 loaf of bread and a loaf costing maybe $2.10,” warns Lester Brown in “The New Geopolitics of Food … Inside a Hungry Planet.”

Source: marketwatch.com

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