Food’s Violent Inflation

Food prices are on the rise domestically (especially for pizza) and even more so in the developing world. While that may prompt home budget adjusting for some, it causes others to go hungry and/or take to the streets.

This weekend in Haiti, unrest caused by inflation brought violence and death. The Prime Minister (but not the President) was ousted. flag of HaitiBad times.

If there’s an upside to this inflation, it may be in forcing us to value food more. I don’t want to play the guilt card–no, there’s no direct correlation to cleaning your plate and feeding a starving child. But it does seem like a decent time to avoid wasting food.

In addition, one could argue that by squandering food, we are all somewhat guilty of driving up the demand and, hence, the prices. This armchair economic analysis is just a theory, but it makes sense to me.

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