beagle9
Diamond Member
- Nov 28, 2011
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People messed up royally when they allowed themselves to be taken down the road to becoming dependent's in life, and the family farms were replaced with a lust for a hand up (now known as a slap down), by modern day society, and thus sustainable knowledge was replaced with ignorance.Americans are food wealthy...
We spend an insignificant portion of our incomes on groceries on a monthly basis.
We spend less on groceries than housing in every city in America.
However...in the rest of the world groceries account for half of a family budget. A serious increase in the cost of food and it isn't just less expensive choices in food but a serious reduction in the quantity of food they can purchase. (Beans and rice are staples for much of the world already...meat is a once a week privilege).
That's just commodity functions.
Soybeans, as a commodity, are the same price everywhere around the world. Same thing with meat.
So double digit inflation on these commodities is going to starve a LOT of people who simply make an average of the equivalent of $9,000/year.