this post was submitted on 12 Dec 2023
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[–] LordOfTheChia 27 points 11 months ago* (last edited 11 months ago) (2 children)

You don't have to be Ukrainian or even be in Europe to be affected by what is happening.

https://www.reuters.com/world/europe/ukraine-could-fail-meet-future-wheat-demand-if-attacks-continue-un-agency-warns-2023-11-21/

before the war Ukraine made up 9% of global wheat exports, 15% of maize and 44% of sunflower oil.

The Russian invasion is also affecting food prices globally. So those that don't care about the Ukrainians (which they should but hey let's explore the heartless approach to this) but do care about inflation should also want to support Ukraine in getting a speedy end to this war. This is to ensure that Russia does not create any further large scale disruptions:

https://www.npr.org/sections/goatsandsoda/2023/02/27/1159630215/the-russia-ukraine-wars-impact-on-food-security-1-year-later

in the first couple of months after Russia invaded, "food prices were quite high and quite volatile. Wheat futures jumped almost 60%. Corn and soybeans were up 15 to 20% in the first week or so."

while food prices reverted to pre-invasion levels for much of the past year, those levels are still a record high compared to the last decade.

In other words, the world remains in a somewhat precarious situation where, if just one thing goes wrong — a worsening twist to the war in Ukraine, a bad harvest in some important supplying nation – global food prices could spike.

[–] [email protected] 8 points 11 months ago (1 children)

Your facts don't work. They're being told Biden is at fault for price increases