Fri 2008-06-20 00:00 EDT

naked capitalism: "Exploding Commodity Prices Signal Future Inflation"

"commodity prices are the result of portfolio shift against liquid assets by sovereign investors, sovereign wealth funds, partly triggered by lax monetary policy,...olicymakers should seriously start worrying about inflation and stop chasing imaginary destabilising speculators."

Exploding Commodity Prices Signal Future Inflation; naked capitalism.