Spiegel: How speculators are causing the cost of living to skyrocket
The Attack on Prosperity: How Speculators Are Causing the Cost of Living to Skyrocket – International – SPIEGEL ONLINE – News In late 2003, they invested only $13 billion (€8.4 billion) in the food commodities business. By March 2008, that number had jumped to $260 billion (€168 billion), an increase of 1,900 percent.