Posts Tagged ‘ladder of spending’

  • Emerging Markets demand More MIlk

    More Expensive Ice Cream?

    Mar 13, 14 • 214 Views • Demand, Supply, and Markets, Developing Economies, Economic Growth, Households, International Trade and Finance, Labor, Macroeconomic MeasurementNo Comments

    Milk prices are going up. And yet, in the US, we are drinking less milk. According to Corey Geiger, managing editor of Hoard’s Dairyman magazine, one reason is oil. Countries in the Middle East with massive oil reserves have to import 90% of their