Why would that happen, it would simply mean wheat is more expensive on the global market. Do you think rich princes in the Middle East really worry about there grocery bill? Right now we have exported inflation to every nation on earth that is pegged to the U.S. dollar. I am not a ‘blame America’ kind of guy but devaluing our currency and creating inflation as a indirect tax on the global citizen isn’t making much friends these days.
Their masses would, the ones barely getting by already.
Screw the global citizen, I'm an American! If we opened our veins the global citizen still wouldn't be happy. To hell with them.