The Food Risk is Real

The agricultural industry in the U.S is heavily subsidized. One thing I have learned over the years is that whenever the government subsidizes something, that thing becomes more expensive. This axiom is well illustrated in the world of healthcare or education. During 2021, farmers have received $28.5 billion in subsidies from state and federal governments. Such large subsidizes will naturally drive the industry to become sluggish and inefficient. What happens however, when the government goes broke? What will farmers do? How will they adapt? This Street Talk anticipates food shortages when the inevitable period of bankruptcy comes for the U.S government.

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