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By Bill Bonner

Never did God give man such a sunny day that the authorities couldn't make it rain, writes Bill Bonner in The Daily Reckoning...

As near as we can tell, nature favored Argentina as she did few other places. She caused the Andes to rise up, and then over millions of years, let their hillsides wash downriver to deposit in a vast, flat, well watered, plain. The topsoil sits so thick, farmers can abuse it for generations.

Yet on the edge of this fertile farmland, and in the middle of one of the biggest booms in farm prices in history, the politicians in Buenos Aires have achieved what seemed nearly impossible: they have created a crisis in Argentina's agricultural sector.

Day 20, the strike continues: farmers reject government's 9 new initiatives, says the headline on La Nacion.

But farming's problems are not limited to the pampas. Thanks to globalization, they're sprouting everywhere.

Fears grow over rice crisis, says the front page of the Financial Times.

Silent famine sweeps the globe, reports WorldNet Daily.

Thirty three nations face unrest because of food shortages, says the IMF.

All over the world, food riots are breaking out. Not because there is too much food or too little, but because it has gone way up in price.

Of course, you could put that another way: the paper money in which food is priced is going down faster than usual. There's no less food than there was five years ago. But there is a lot more paper money.

Modern central banking was invented so that we should have paper money and have it in abundance. Here in 2008 we now have so much paper money that it is causing food prices to soar.