Commodities - Wheat Soars; Rogers Sees 'Much Higher' Food Prices - CNBC: "'When you print money, it's got to go in a place where it can protect itself, and that's real assets,' he added."
That's really a no brainer. Those who have any sense whatsoever have been forcasting exactly this scenario for quite some time now. Gerald Celente, Peter Schiff and many others have been predicting severe food shortages in the near future. I fully expect to see major shortages in the USA, primarily since we are printing money to pay our debts.