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Boomer Math (lemmy.world)

submitted 6 months ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 6 months ago (1 children)

Costs are not the reason for higher food prices; it's demand. They charge more because you have no option. The average person has no way or ability to grow food and not much aptitude for cooking. That's a recipe for higher food prices.

[–] [email protected] 6 points 6 months ago

Cost is a function of supply and demand. GMO crops yield more, so there would be a larger supply, thus driving down cost if demand remains the same. This is totally pedantic though because you're still right:

They charge more because you have no option.

I took capitalist greed as a given... my bad.