Modern agriculture has been accurately described as a way of turning oil into food. As the price of oil continues to rise, so will the price of food.
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About Jeremy Grantham
Jeremy Grantham was a contemporary British businessman. Robert Jeremy Goltho Grantham is a British investor and co-founder and chief investment strategist of GMO LLC, a Boston-based asset management firm. GMO had more than US$118 billion in assets under management as of March 2015. Read more on Wikipedia →