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How The Commodities Casino Creates Hunger And Unrest: The Shocking Truth Behind Bloomberg 151

Jese Leos
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Published in Endless Appetites: How The Commodities Casino Creates Hunger And Unrest (Bloomberg 151)
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Hunger and unrest in the world are not random occurrences but rather the consequences of a complex system known as the "Commodities Casino". While it may sound like a thrilling game of chance, it has catastrophic ramifications for millions of people. In this article, we will delve into the shocking truth behind the Bloomberg 151 and how it contributes to the perpetuation of hunger and unrest globally.

The Commodities Casino: A High-Stake Game

The Commodities Casino is a speculative market where investors trade in various commodities such as food, oil, and metals. These commodities, essential for human survival and economic stability, are turned into mere chips on a gambling table. The outcome of this game, influenced by factors like supply, demand, speculation, and policies, determines the prices and availability of essential goods worldwide.

At first glance, this casino-like environment may seem harmless, but the consequences are far-reaching. Let's explore how the Commodities Casino perpetuates hunger and unrest.

Endless Appetites: How the Commodities Casino Creates Hunger and Unrest (Bloomberg Book 151)
by Alan Bjerga (Kindle Edition)

4.2 out of 5

Language : English
File size : 2382 KB
Text-to-Speech : Enabled
Enhanced typesetting : Enabled
Word Wise : Enabled
Print length : 208 pages
Lending : Enabled
Screen Reader : Supported

The Bloomberg 151: Fueling the Fire

The Bloomberg 151 refers to a Bloomberg Commodity Index consisting of 22 different commodities. It serves as a benchmark for investors and speculators to monitor and predict global commodity prices. However, despite its seemingly innocent purpose, the Bloomberg 151 has become a highly controversial tool in the world of commodities trading.

One of the biggest issues with the Bloomberg 151 is its speculative nature. Investors use the index to gamble on the future prices of commodities, creating immense volatility in the market. These price fluctuations have a direct impact on the lives of those living in poverty, as even the slightest increase in prices can push already vulnerable populations into further distress.

The Domino Effect: Hunger and Unrest

The Commodities Casino, fueled by the Bloomberg 151, sets off a domino effect that exacerbates hunger and unrest worldwide. Here's how it happens:

1. Price Manipulation

Speculators exploit the volatility of the market to manipulate commodity prices for their gain. This manipulation artificially increases prices, making essential goods unaffordable for millions of people. As food prices skyrocket, hunger becomes a stark reality for vulnerable communities, leading to malnutrition and an increased risk of disease.

2. Social Unrest

When the price of essential commodities skyrockets, it often triggers social unrest and protests. Desperate people who can no longer afford basic necessities take to the streets to voice their frustration. These protests can escalate into mass movements, political instability, and even violent conflicts. Developing countries, already grappling with numerous challenges, are the most susceptible to such unrest, further hindering their development and exacerbating hunger.

3. Drought and Climate Change

While climate change is a separate issue, it is intricately connected to the Commodities Casino. Extreme weather events, such as droughts and floods, can significantly impact crop yields and disrupt the production of essential commodities. As a result, commodity prices skyrocket, further intensifying hunger and unrest. The Commodities Casino acts as a multiplier to the adverse effects of climate change, exacerbating the challenges faced by vulnerable communities.

The Need for Change

It is clear that the current system of the Commodities Casino is flawed and perpetuates hunger and unrest. Radical changes are required to address this pressing issue. Here are some potential solutions:

1. Regulation and Transparency

Tightening regulations and increasing transparency within the commodities market will help curb price manipulation and speculative behavior. Governments and international organizations should work collaboratively to establish stricter rules and promote ethical trading practices.

2. Investment in Agriculture

Investing in agricultural infrastructure and technology in developing countries will enhance food security and reduce dependency on volatile global commodity markets. Supporting small-scale farmers and empowering local communities will also lead to more sustainable and resilient food systems.

3. Diversification

Reducing dependence on a handful of commodities will help mitigate the volatility of the market. Exploring alternative sources of energy, encouraging sustainable farming practices, and promoting local production and consumption are essential steps towards diversification.

The Commodities Casino, symbolized by the Bloomberg 151, is not just a harmless game but a sinister force perpetuating hunger and unrest. It is high time we recognize the devastating consequences of this system and take decisive action to reform it. By regulating the market, investing in agriculture, and promoting diversification, we can build a more equitable and sustainable future, free from the shackles of the Commodities Casino.

Endless Appetites: How the Commodities Casino Creates Hunger and Unrest (Bloomberg Book 151)
by Alan Bjerga (Kindle Edition)

4.2 out of 5

Language : English
File size : 2382 KB
Text-to-Speech : Enabled
Enhanced typesetting : Enabled
Word Wise : Enabled
Print length : 208 pages
Lending : Enabled
Screen Reader : Supported

How to understand the twenty-first century food crisis

Since 2007, farm-product prices have rocketed and plunged, causing hunger, malnutrition, and social and political upheaval around the world. Endless Appetites explores how "food security," the availability of food and the reasonable ability to buy it, has become one of the most challenging topics of our time. With every jump in grocery-store prices, the issue becomes more and more pressing, proven by this year's record increase in food prices, which has already topped the spike of 2008.

  • Award-winning commodities reporter Alan Bjerga explains the food crisis and why it is happening in an accessible, articulate manner
  • Why is this happening when more food is being grown than ever?
  • Why are crop markets?first established in the 1800's to help stabilize agricultural commodity prices?acting like an investors' casino, with prices absorbed by rich nations taking food from the mouths of the poor?
  • From college campuses to emergency UN meetings, "food security" is one of the hottest topics of the day, with no shortage of interest in how to stabilize food prices worldwide to close the hunger gap

To understand the growing international food crisis, readers need an expert they can rely on. One of the most widely acclaimed journalists on food security, Alan Bjerga is up to the task, taking readers from the trading floor of Chicago to the highlands of East Africa to the rice paddies of Thailand on a global trek to find the causes of the food-price crisis?and the solutions.

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