Title: Inflation & Shortages: The coming post-coronavirus food crisis | Economic Collapse News
Headings: Inflation & Shortages: The coming post-coronavirus food crisis
Inflation & Shortages: The coming post-coronavirus food crisis
Food Inflation In Aisle Three
A Global Food Shortage?
Democide
This was originally published on Liberty Nation.
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Content: Another factor is that more consumers are buying their groceries online, which typically comes with a 7% markup. China is another market grappling with ballooning food prices. According to the National Bureau of Statistics, the nation’s food prices swelled 11.2% in August from the same time a year ago, with pork leading the way (52.6%) amid the African Swine Flu and the virus outbreak. The World Bank sounded the alarm that the worst is yet to come because of disrupted supply chains. “As the coronavirus crisis unfolds, disruptions in domestic food supply chains, other shocks affecting food production, and loss of incomes and remittances are creating strong tensions and food security risks in many countries,” the group stated in a report. A Global Food Shortage? The United States is unlikely to experience a food shortage unless the government chooses to impose the socialist hallmarks of production quotas and price controls on a wide-scale basis. American farmers are producing ample supplies of corn, wheat, and soybeans. It is the rest of the planet that will suffer food scarcity because of public policy, according to a couple of new reports. The U.N.’s Committee on World Food Security forecasts that more people will die as a result of malnutrition and comparable diseases as a direct result of the pandemic.