Agricultural Economics expert Nathan Bell explains to me his take on how food prices in 2024 are cheaper than ever. Full Conversation: • Chocolate, Farming, An...
While this may be factually accurate, it is essentially making light of the problem today. Simply because we have become more efficient in recent decades at producing food, doesn’t excuse the monopolistic greed which is driving prices far above where they need to be today.
It also glosses over the fact that vastly larger amounts of our income and thus time are spent on other things like rent. If a smaller % of our time and money is spent on food but the other parts stay the same, the squeeze is harder.
