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Cheap food is "overproduced" so that a bad storm doesn't cause the price of bread to rise 3x in a week. Without food subsidies, food shortages are a constant th
by AngryData 7y ago
Cheap food is "overproduced" so that a bad storm doesn't cause the price of bread to rise 3x in a week. Without food subsidies, food shortages are a constant threat.
- Paradigma11 7y agoWhy wouldn't you import the missing food then? If it's profitable to export soy from the US to china it most certrainly is profitable to import food from africa or australia after a storm.