How Commodity Traders Cause Global Chaos

According to the USDA, shoppers are paying more than seven percent more than they were last year for their groceries. In developing countries, it’s even worse. The UN says thirty-seven nations are in urgent need of food, but can't afford it. But while food prices soar, so do Wall Street’s profits.   WorldAffairs host Ray Suarez talks with Rupert Russell about his new book and film, “Price Wars: How the Commodities Markets Made Our Chaotic World.” He introduces us to people whose lives have been upended by skyrocketing food and gas prices around the world and explains how the global financial system drives famine, conflict, and crisis.   Guest:   Rupert Russell, author and director of Price Wars: "How Commodities Markets Made Our Chaotic World"   Host:   Ray Suarez, co-host, WorldAffairs   If you appreciate this episode and want to support the work we do, please consider making a donation to World Affairs. We cannot do this work without your help. Thank you.