This is what is happening to every country now. It won't be long and we will see more hardships for the food prices going to the roof. Sooner you will see your government will suggest the salary increase but while doing so the company you work for will also lay off employees because of the salary increase.
Time to just eat a peanut butter sandwich for a meal. Just buy something that your kids can have and prepare to buy something that you can sell when the price skyrockets. I'm buying dried fish, liquors, painkillers and antibiotic capsules. This might just save me.
There are too many people that are dependent on our food supply. We used to grow all our own fruits and vegetables, and slaughter beef, pork and chickens for our meat. Many today don’t even cook, just eat at fast food places and restaurants. And when they do eat at home it’s just heating up some frozen foods. When we do run out of fossil fuels, estimated to happen about 2050? Then cities will not be “The Place to live”. As natural gas supplies 40% of our electricity, and coal 19%. Ships, airplanes, trains and trucking won’t be as common either. Oil is not the only commodity whose supply chains have been disrupted. Foodstuffs, especially grains that are basic ingredients in a vast number of food products, have also been affected by the Russian invasion of Ukraine.
Governments and policymakers can employ various strategies to tackle high food prices and mitigate their impact on consumers, particularly vulnerable populations. Governments can implement price controls or price stabilization measures to regulate the cost of essential food items. This can involve setting maximum price limits for certain food products to prevent excessive price gouging and ensure affordability for consumers. Encouraging sustainable agricultural practices, such as conservation farming, agroforestry, and organic farming, can improve productivity, resilience, and environmental sustainability in the agricultural sector. Sustainable agriculture can help reduce input costs, increase yields, and stabilize food prices over the long term. There are many other effective measure that can help ease this economy pressure, by implementing these strategies in a coordinated and targeted manner, governments and policymakers can help address the underlying factors driving high food prices and improve access to affordable, nutritious food for all segments of the population.