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Why is it food cost nearly twice as much...
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You are currently reading a thread in /sci/ - Science & Math

Thread replies: 13
Thread images: 3
Why is it food cost nearly twice as much now as it did a decade ago but we're producing twice as much food? This isn't how supply and demand works. GMO promised us cheaper food but is it making food more expensive?
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>I am unfamiliar with the concepts of inflation and external factors
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>>7812947
>GMO
You said it.
GMO means patent, which means monopolistic intellectual property exploitation, which means distortion of market prices.
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>>7812947
Wait for the inevitable 21st century oil shock in the other direction, as in over $200 a barrel or something. We eat oil today, bad planning. All it takes is a few Allah Ackbars over there in the ME, a Russian bear gone berserk, a rogue China...the possibilities are endless.
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>>7812999
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>>7812999
Trips of truth
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>>7812947
Food is cheaper dumbass. Meat used to be a luxury. It just seems more expensive due to inflation.
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>>7812947
hoarding
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>>7814619
Pretty much this I think, also remember you have to take things like population growth in account.
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>>7814619
This. Also it would be even cheaper if the government wasn't giving farmers billions of dollars to produce less food
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File: popland.gif (19 KB, 350x228) Image search: [iqdb] [SauceNao] [Google]
popland.gif
19 KB, 350x228
Here's why. Higher population equals higher demand.
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Short answer? Jews.
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>>7814719
this

>>7814619
not this
Thread replies: 13
Thread images: 3
Thread DB ID: 471375



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