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The problem of the food price is structural. the growth of demand cannot be checked in that it is coming from middle income countries demanding more quality and more quantity of food. high demand is here to stay.
-Sri Mulyani Indrawati
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The Problem Of The Food Price Is

Sri Mulyani Indrawati
The problem of the food price is structural. the growth of demand cannot be checked in that it is coming from middle income countries demanding more quality and more quantity of food. high demand is here to stay.
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Topic
Country Growth Quality

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The people who are having the hard time right now are middle-income americans. under the president's policies, middle-income americans have been buried. they're just being crushed. middle-income americans have seen their income come down by $4,300. this is a tax in and of itself. i'll call it the economy tax. it's been crushing.
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I do believe that oil production globally has peaked at 85 million barrels. and i've been very vocal about it. and what happens? the demand continues to rise. the only way you can possibly kill demand is with price. so the price of oil, gasoline, has to go up to kill the demand. otherwise, keep the price down, the demand rises.
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If i were to give a summary of the tendency of our times, i would say, quantity. the multitude, the mass spirit, dominates everywhere, destroying quality. our entire life--production, politics, and education--rests on quantity, on numbers. the worker who once took pride in the thoroughness and quality of his work, has been replaced by brainless, incompetent automatons, who turn out enormous quantities of things, valueless to themselves, and generally injurious to the rest of mankind. thus quantity, instead of adding to life's comforts and peace, has merely increased man's burden.
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Where america has got to move is not growth for the sake of growth, but it`s got to move to a society that provides a high quality of life for all of our people. in other words, if people have health care as a right, as do the people of every other major country, then there's less worry about growth. if people have educational opportunity and their kids can go to college and they have child care, then there's less worry about growth for the sake of growth.
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