Food Prices are Rising Significantly as a Result of Global Inflation

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Malnutrition affects over 697 million people, and the incessant rise of food prices caused by inflation is set to increase this figure in 2022. The onset of the COVID-19 pandemic affected the world’s food supply chain, altering the public supply of food to people’s homes.

Thirty-eight million individuals in the United States are poor with the inclusion of 12 million children, as reported by the government. Malnutrition has the greatest impact on children’s development and growth as 22% of reported stunted growth in children resulted from poor nutrient intake.

Poverty, poor healthcare facilities, and malnutrition are common among various segments of society.

To ensure equal food distribution, several organizations are working to combat these issues. For instance, The South Hayward Parish has served the Castro Valley, Union City, and Hayward areas for the past 55 years. They shared both fresh and canned food products in October with over 11,000 families.

“We’ve distributed over a million pounds of food since October”, said Ralph Morales, the parish’s director.

Local Companies Do Help In Providing Food

He further explained that many of the items contributed by small and local companies would have gone to waste but were donated to the South Hayward Parish to feed families.

It’s Helping Our Pioneers Excel (H.O.P.E.) food pantry in California State University, East Bay, distributes food and necessities to students and is open from Tuesday and Thursday, 10 a.m. to 2 p.m.

In addition, Supplemental Nutrition Assistance Program (SNAP), formerly known as Food Stamp Program, gives to individuals and families to buy food.

It is not only necessary to rely on the kindness of strangers but to put in place better economic policies that help to bring about a free market and really value in the world today. More and more meddling by central banks and governments have made it to where price discovery is completely out of the window and the markets are supported by regular government intervention.

Simply put, more inflation cannot be the answer to this large portion of debt, a spending oriented economy, and the lack of production that is genuinely taking place in the United States of America today. Economic opportunity comes the the ability to do and create.

At the present moment, China is the one who continues to absorb a great portion of demand for goods. It continues to amass interest and build its infrastructure to create and provide its people with opportunity.