• kinojo@lemmy.ml
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      1 year ago

      If there’s less of some goods they are priced higher.
      If that goods are essential, demand for non-essential goods are lower, as people will have less money.

      This is pretty economy basics.
      I don’t know why you support killing ukrainians, but you can thank your beloved russia and china for high food prices.

      • ghost_laptop@lemmy.ml
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        1 year ago

        I’m not talking about that specifically, but the logic you present is not correct because the Ukrainian market is not very relevant in the big picture compared to that of Russia, and furthermore Ukraine has been a NATO dominated country after the Maidan coup, so China would not aim to have any kind of good relationship with them because it would be undermined by the US.

        I live in the Global South, so food prices have not changed because of this, my country sells yours good, we have a nickname by your people: the world’s barn.