Note from JWR:
I heard from a dozen readers that I was recently quoted by WorldNetDaily, in an article about food shortages. (The article misidentifies the location of the Rawles Ranch, but I don’t mind keeping people guessing.) Food price jumps and food shortages have a tendency to get into a self-amplifying cycle, during times of crisis. Floods, droughts, and crop failures started the most recent cycle. But in my estimation it will be sharply higher prices for fertilizer and fuel that will exacerbate the problem. The bottom line: Be prepared for considerably higher prices and continued shortages in the next few years. …