I've read a few articles explaining that a food crisis is coming, I want to tell you something about it. There will be no food crisis for me.
Price of pasta, price of cooking oil, rice or meat will increase 20%? 30%?
20%, 30% is nothing... Here the cheapest cooking oil rised 200% since the beginning of the pandemic.
That's all right. I don't care much. I can handle it, just like most people in developed countries. We don't spend much on food, increasing that budget by a third is perfectly fine.
You say it now, but after increasing your budget for food in a third, there won't be limits. After the first third, there will be other, and another... That is inflation hiting you really hard. And don't think developed countries are safe from this menace. The world has changed. Developed countries' leaders are adopting the same measures third world countries are used to. Just look the example of USA raising interest rates artificially. Typical banana's republic economical policy.
The problem will be with the poor countries, but I wonder: is it a problem, or a solution?
Initially it's a problem, but every solutions come from an initial problem, so there might be a positive side on it, because it can be the starting point for world authorities pay attention to the fact population is growing too fast, while the resources disponible in the world continue the same.
There were 100 millions people living in Africa in 1900. Now, there are over 1,500 millions people there. I know that some people live a in a fantasy world thinking that there will be food, jobs, modern housing and all creature comforts for every human, but that won't happen. We live in a finite world, and the population just cannot grow without limit. Number one rule of the world has always been the survival of the fittest...
So far governments have been irresponsible, populist and demagogic. They don't care about it. If someone ventures making such proposal, he is going to be labelled with the most terrible existing adjectives. It must be someone of great courage and reason to address this delicate subject with success.