Comments on: Food for thought, water under the dam http://peaknix.com/2008/07/23/food-thought/ Living Peak Oil Wed, 05 Jan 2011 01:07:25 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: admin http://peaknix.com/2008/07/23/food-thought/comment-page-1/#comment-19 admin Fri, 22 Aug 2008 01:22:22 +0000 http://peaknix.com/?p=16#comment-19 auntigrav: Yep, that would be why I made mention of why the popcorn isnt that great of an example because it is a "luxury" item and price is arbitrary (and obviously grossly overprice well before any recent oil price increase). We americans do not pay the actual cost of food, if we did, we would be spending CONSIDERABLY more than we do now. I do not know what the tipping point will be but its possible we could reach an early food price shock in september auntigrav: Yep, that would be why I made mention of why the popcorn isnt that great of an example because it is a “luxury” item and price is arbitrary (and obviously grossly overprice well before any recent oil price increase).

We americans do not pay the actual cost of food, if we did, we would be spending CONSIDERABLY more than we do now.

I do not know what the tipping point will be but its possible we could reach an early food price shock in september

]]> By: auntiegrav http://peaknix.com/2008/07/23/food-thought/comment-page-1/#comment-9 auntiegrav Tue, 19 Aug 2008 14:17:34 +0000 http://peaknix.com/?p=16#comment-9 The popcorn example is a poor one. If the price of popcorn seeds doubled, it should only raise the price of a large popcorn about 10 cents, not go from 3 bucks to 6 bucks. The fear is being used to rip people off, and the money that processing companies make will be used to lobby government and regulators to "do something" which will mean even more subsidies to corporate-owned megafarms under the guise of "helping family farmers". The price of food needs to go up about 4 times what it is for people to think about where they are getting their food, and that they would rather pay a farmer 50 bucks an hour than a government employee inspecting Mexican tomatoes. The popcorn example is a poor one. If the price of popcorn seeds doubled, it should only raise the price of a large popcorn about 10 cents, not go from 3 bucks to 6 bucks. The fear is being used to rip people off, and the money that processing companies make will be used to lobby government and regulators to “do something” which will mean even more subsidies to corporate-owned megafarms under the guise of “helping family farmers”. The price of food needs to go up about 4 times what it is for people to think about where they are getting their food, and that they would rather pay a farmer 50 bucks an hour than a government employee inspecting Mexican tomatoes.

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