The Economist shows that the price of breakfast — if breakfast consists of coffee, toast (or some other wheat product) and orange juice — is going up. In other news, The Economist explains that while poor harvests are a factor, the price surge may be due as much to low interest rates as to low harvests. Investors are apparently looking for “investable markets”. Does that sound like speculation to You?
And, in celebration of International Beer Day ((Two days ago, alas; why can’t we keep up with these things properly?)) there’s this fine chart showing the rise of craft breweries in the US. The blogger from whom I picked up the story says this is all down to Jimmy Carter deregulating the beer industry in 1979, but commenters there are not so sure. They’re wrong, and the internets prove it. That’s politics for you.