4 ms·
If people have less and less money in average to spend on food, it is obviously going to impact the production. All the production/delivery chain will try to pu
by flr03 7y ago
If people have less and less money in average to spend on food, it is obviously going to impact the production. All the production/delivery chain will try to pull down the costs and, as a consequence, the quality all together.
- AdrianB1 7y agoNo matter how much income inequality people have, the production is meeting an aggregate market need where the very few rich people have no significant impact. If all the rich people would disappear, the food market would not change a bit, so why throw inequality in the analysis? Yes, if everyone would be rich the situation would be different, but a world of all rich people is a matter of purchase power and inflation, it will never exist, the million dollar will be the new thousand dollar.