Loading ...Generally people don’t start caring until they stop eating.
Thus, expect to see rising food shortages / prices.
The bankers are trying to make the disaster in US crops coming down now go away (like they do with PM’s) by papering over prices — meaning suppressing them.
This will of course make the problem next year far worse than if prices were allowed to rise now, which would affect consumer behavior now, buffering conditions next year.
Of course that might affect banker bonuses, which is why Powell is printing money like a drunken sailor right now BTW, so none of this should be surprising to anybody with more than two brain cells.
Be careful though because if you rub them together you might catch fire.
Chuckle