[mc32]

Exactly. If the Koreans and Japanese can farm their farms and feed their pops. despite tight labor markets, depop of rural areas and expensive labor, we can do it too.

In addition, higher prices might make us less wasteful. What is it, 30% of food ends up in the rubbish bin?

[philipodonnell]

Worth pointing out that rapidly rising food prices are often drivers of civil unrest and inflation-combating monetary policy.

Slow rises are fine, the economy will adjust, fast rises, say from eliminating a large portion of the workforce at once, will cause much more disturbances in the economy.

[mc32]

That's a good point. In this case i don't see the prices rising much above the price of organics. In addition, the slice of people's income taken by food is small relative to places where price increases lead to unrest.