Yellowcake already knows why people cant afford food, their debt levels have encouraged to ridiculous levels , household balance sheets have had major portions absorbed by debt growth. If people were not record proportions of their incomes to housing they could afford lots more education, clothing and food. The central bankers thought they could stimulate grwoth and prosperity through debt growth, if you follow central baking economic theory what emerged in the 90s were new theories of how to avoid recessions. This debt gwoth caused false prosperity, in Australia if you take away the private debt growth of the last decade there is almost no growth for 10 years. Even the commodity boom is supported by debt growth and so when debt growth becomes unsustainable the economy must retrace some of this growth till the point it becomes sustainable. This type of monetary stupidity caused the most of the revolutions in history, people prosper by allocating more of their income to debt till it becomes unsustainable then people cant afford to eat so they overthrow governments. The Russian and French revolutions had food shortages and price inflation at its heart, so have the recent happenings in the middle east. while I certainly understand whats being said (you have to feed the runaway train of growth somehow), it wont work over the long term, you need to fix the problem and that is excess growth. Populations are growing faster than can be sustained and they are doing this because of bad monetary theory that creates to much growth. Eventually you cant supply the food or commodities at a price that's sustainable and the whole thing implodes .
