Riot Alert: Look Out Argentina, South Africa, Turkey and India

If history teaches us anything, it is that inflation usually ends in violence.  The Johannesburg-based economic research house ETM Analytics (www.etmstrategy.com), which has a strong Austrian bias, puts out a monthly riot alert based on the speed with which countries are debasing their currencies. It has been scarily accurate in predicting where trouble is most likely to erupt.  For all the press acreage given to the political causes of violence in countries like Syria and Egypt, it is difficult to side-step the obvious common denominator: inflation. A 10% rise in food prices can transform a hungry man into an angry man.

http://www.economicpolicyjournal.com/2013/02/riot-alert-look-out-argentina-south.html

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