Crazy, but plausible theory:
1. This consumes our exportable corn, other grains don’t get planted. Other exporting countries do the same.
2. Food becomes more expensive by design. Americans can stand to pay more/eat less (this may actually do some good in the big scheme of things-go to a discount store and you will instantly feel 20 pounds lighter and five years younger).
3. Food prices go up worldwide and surpluses disappear.
4. Almost no middle eastern country can feed itself and we and other exporting countries hold the power on controlling food prices, or even its availability.
Google “grain shortages” and you will see some interesting evidence for this, particularly the fifth one. Water is pretty scarce there, too...
Very interesting - thanks for your post.
Hey! All of us Anericans are not gluttonous fatties! Instead of food prices going through the roof how about some people either not be gluttons or bear the consequences.
I hate when people say prices raising could be a good thing because it will alter behaviour, sounds a lot like taxing to control behaviour.