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Corn Fueled Inflation

Posted by ScrewLoose On 2007-03-12 3 comments

Looks like some predictions about corn ethanol are coming true, corn shortages are causing problems with the fuel and livestock industries. I'm assuming we will probably see price jumps in prices in many other products that contain corn, which is actually quite a number of products as its processed into pretty much everything. That being said most of the time it doesn't provide much for nutritional value thus it might be a good thing if overly processed corn gets removed from our diet.

I'm not even going to get into the efficiency of converting corn to ethanol......

In the long run fueling cars with food is probably a bad idea.