"And this too shall pass away. How chastening in the hour of pride! - how consoling in the depths of affliction! "And this too shall pass away. And yet let us hope it is not quite true"

Abraham Lincoln, Addressing the Wisconsin State Agricultural Society in Milwaukee (1859)

This is such a profound statement, it was actually coined by an Eastern Mornach's wise men. He asked them to come up with a sentence that would be true, relevant and appropriate in all situations of life.

Now to the economics. This too shall pass. The current reprieve customers are facing with falling milk prices... this too shall pass... the current falling food prices... this too shall pass. I don't want to sound like a prophet of doom but considering Kenya's climatic conditions and historical inflation record, this too shall pass. Once the drought is back and the drought will be back for sure, the prices will get to their normal levels. Food inflation according to data that I was privy to from my friends at Herufi House (National Bureau of Statistics) is the biggest driver of overall inflation. I got data that backtracked the new geometric mean inflation data to October 2005 and the effects of the drought were so dramatic. The food index went from 118.67 in December 07 to 158.72 in March of 09. The inflation rate then jumped from 5.6 to 14.6.

Moral of the story, I don't think anyone needs to be told again. "This too shall pass"