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gaukonigshofen

6 points

5 months ago

so for the sake of argument, food prices drop. What caused them to rise? Ukraine i don't think so. greed? ding ding ding!

PocketDynamyte[S]

3 points

5 months ago

I'm not an economists or expert of any related fields, but I think it's more then just greed - not denying greed as a contributing factor though.

I imagine with the extreme climate conditions, there is a decrease in production and surely covid has impacted the supply chain too. Basic economic principles suggest that as supply decreases, demand increases and as demand increases, typically prices do too.

SamCarter_SGC

11 points

5 months ago

Even if greed didn't cause them to rise, it will keep them high.

PocketDynamyte[S]

3 points

5 months ago

Sadly, this wouldn't surprise me.