Jun 30, 2008
Market prices for corn and livestock reached record highs last week.
The reason? “Fears that as many as five million acres of corn and soybeans have been lost to flooding,” according to a Reuters news report.
In this world ruled by capital, prices are set by those who sell – and buy and resell – goods. And to those greedy vultures, even an enormous human catastrophe they watch on TV is just another excuse to jack up prices, and run away with even more obscene profits.