2 ms·
> Price controls for food: it'll work this time! Very cheap food is working right now in the USA thanks to incredible subsidies, and it is flooding the world m
by allana 7y ago
> Price controls for food: it'll work this time!
Very cheap food is working right now in the USA thanks to incredible subsidies, and it is flooding the world market with tons of cheap food.
Agriculture is hugely subsidized in the US, to the point that corn is so worthless it's cheap enough to add or inject into everything.
Meanwhile, the USDA manages supply through bulk buys via the Agricultural Marketing Service which it then dumps on schools, low end neighborhoods (Government Cheese being the most famous case of USDA food dumping), food banks, etc.