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by syockit 2233 days ago
I can't argue for oil, but for food, unless everyone agrees to eat only processed food or cook by themselves, it's still going to see some inflation.
2 comments

Why? What mechanism would drive that? In the West we already have more food available than we can reasonably eat. Margins in agriculture are wafer thin driven down by competition.

Compare that to property where there is a limited supply and people are constrained in what they can buy by their salary and ability to get a mortgage.

> eat only processed food or cook by themselves,

Surely that is what the vast majority of people already do?