Commodities - Lies and truth - Berlin, once more politicians ridiculed themselves and showed more incompetence, arrogance and lack of will to engage

into policies enforcing their domestic markets competition on prices and distribution of packaged foods and basic products? But why?

Here we go folks, May 1st 2004 the DJUBS, a commodity index makes a high at 152.368, on January 1st 2011, the same index makes a high at 163.698, not even reflecting inflation on the same period. Whatever motivated a raise on all food products for the end consumer between then (2004) and now can't be justified with the price of commodities on international markets, speculation or not...

Enjoy!

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