The solution to rising food prices is straightforward; however, its implementation is the problem. To achieve a sound monetary order, the public must be shown and then persuaded that the cause of most of the current financial difficulties stem from central and fractional-reserve banking practices. Until a majority is convinced of this evil, things will most likely not turn around.
Unfortunately, until food prices go a lot higher, or there is another crisis or general collapse, no significant alteration of the present fiat monetary system will take place. Nor can it be assumed that as things get worse, a “new system” or a “reform” of the present one will be necessarily better. Under the current statist ideological conditions, it will more than likely be a lot worse.
Advertisement-content continues below
In sum, erroneous World Bank reports on escalating food prices will continue to be released.
The views expressed in this opinion article are solely those of their author and are not necessarily either shared or endorsed by WesternJournalism.com.