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Re:As crops rot, millions go hungry in India by gcb on Monday July 02, 2012 @02:42AM (#4187650)
You forgot "and then the share of grain you were going to profit from now is worth half, because some people were buying it to make grain alcohol"

zero sum game

Re:As crops rot, millions go hungry in India by eru on Monday July 02, 2012 @09:41AM (#4188798)
Can you please elaborate?
Re:As crops rot, millions go hungry in India by gcb on Monday July 02, 2012 @11:56AM (#4189366)
I have 10 things every month. I sell them for a living.

One month i only sold 5, but you asked for the other five. If i give you, there will be more things in circulation and now i will be offered less money for my things. Maybe only next month, but i still lose.

Re:As crops rot, millions go hungry in India by eru on Monday July 02, 2012 @12:52PM (#4189645)
Perhaps. But shouldn't getting a helping setting up a new source of _demand_ for your product, grain, in the form of grain alcohol producers help prop up the prices for your supply?
Re:As crops rot, millions go hungry in India by gcb on Wednesday July 04, 2012 @03:03PM (#4200499)
The demand was already there. say 30% of the people that actually buys your product every month produces grain alcohol.

now, you give your exceeding production for free. That person that got it for free makes grain alcohol, sells it cheaper than your paying customer. next month your paying customer will either also want it free, or at a much lower price to remain competitive, lowering your next month profit.

The whole problem is people trying to make more money with the grain by creating false scarcity. if they sold way cheaper when they had more production, the original paying customer would have bought twice the grain and made twice the grain alcohol to begin with. and none of that would have been a problem.