Quote:
Originally Posted by LuvReadin
It's one of the big reasons (among others such as crop failure and speculation) why food and fuel, for example, have risen dramatically in the past decade, far outstripping the rate of inflation - there simply are too few players left for their to be any meaningful competition.
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I'd say it has a lot more to do with the increasing wealth of the "Third World" and their desire, and ability, to purchase the trappings and lifestyle of the "First World". Better get used to it. When 2 billion Chinese and a billion Indians gas up the car for a weekend drive to a steakhouse - neither the price of fuel nor food is going to go down.