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The way I think of it, risk of accident of the delivery truck, the risk of the farm getting their crops ruined, risk of insolvency or net x day term payments, r
by ev1 4y ago
The way I think of it, risk of accident of the delivery truck, the risk of the farm getting their crops ruined, risk of insolvency or net x day term payments, risk of loans taken out to cover patented seeds, risk of expired food.
If nobody wanted to take the risk to plant each time given the potential ROI, you wouldn't get grocery items?
(I'd consider this a random example https://www.callifd.com/uploads/1/3/0/7/130789654/chili_pepper_shortage_2022.pdf https://www.callifd.com/uploads/1/3/0/7/130789654/chili_pepp...)
- skybrian 4y agoOkay, but if you reduced or eliminated one of the risks, doesn’t the food still have the same value as before? It seems like the risk is something like a cost, to be optimized away if you can without reducing value. And it isn’t the only cost.