I am just saying it’s not the banks, its the government; the consequences are the same though.
I can attest that this is true. Hubby does marketing for Monsanto — the farmers can’t buy if there are no loans. We don’t eat, if they can’t buy and plant. Even if they plant and can’t buy fertilizer and pest control (which is an astronomical cost), the yields will be far less and there will be less to go around.
Also the government no longer has stores of surplus grains. All such were emptied a couple years ago and are not being built back up. Though you will find a good number of Freepers that agree with that decision I for one say that it was a bad one. Just like the Strategic Reserves that the government keeps for a number of (in case of war commodities such as the Strategic Petroleum Reserve)food is just as important if not more so.