Creation of Scarcity

It looks like the creation of scarcity is a common human endeavor. I don’t know if people do it overall the planet or just in the cities and suburban areas, but it looks to me like the most common daily endeavor. And scarcity in one area seems to create excesses in another area.

We are told that weather, use of oil in farming, and use of growing plants for production of biodiesel or meat are the sources of rising prices of food. Yet, these are not the only reasons. My father was a chief engineer on a cargo ship. Many times when his ship was carrying grains over the Atlantic, from American continent to Europe, for instance, they were turned back to the continent where they started off right in the middle of the ocean, just because their cargo was sold on a commodity exchange for a higher price. And even then the cargo didn’t reach its final destination.


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