Saturday, June 23, 2007

Wave goodbye to cheap food

At the end of the Second World War, families spent one-third of their incomes on food. They currently spend one-tenth of their income on food, but the era of cheap food is coming to an end. Prices are rising, driven by increasing demand outstripping supply. The buzzword is "agflation", but what it means in real terms is that millions - billions even - of people will be driven closer to starvation and hunger.

It's made the front page of today's Independent - see here. After reading this - and realising it's yet another example of how what was dismissed as scaremongering is actually much closer to the truth than any of us would care to admit - you may want to consider taking on an allotment or converting some of your garden to growing your own food. Still, if people spend more on food, it's less they can waste on frivolous items that end up binned after six months having cost a small fortune in carbon and raw materials to produce in the first place. And that can only be a good thing.

No comments: