{"id":48568,"date":"2020-03-26T10:03:01","date_gmt":"2020-03-26T10:03:01","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=48568"},"modified":"2020-03-26T10:03:01","modified_gmt":"2020-03-26T10:03:01","slug":"food-prices-are-going-to-rise-without-rationing-and-price-controls","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/03\/26\/food-prices-are-going-to-rise-without-rationing-and-price-controls\/","title":{"rendered":"Food prices are going to rise without rationing and price controls"},"content":{"rendered":"<p>This is <a href=\"https:\/\/ahdb.org.uk\/news\/successive-global-gains-for-wheat-grain-market-daily\" target=\"_blank\" rel=\"noopener\">what is happening in the wheat futures market<\/a>:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-48569\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/03\/Screenshot-2020-03-26-at-09.50.46-550x343.png\" alt=\"\" width=\"550\" height=\"343\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/03\/Screenshot-2020-03-26-at-09.50.46-550x343.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/03\/Screenshot-2020-03-26-at-09.50.46-481x300.png 481w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/03\/Screenshot-2020-03-26-at-09.50.46-768x479.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/03\/Screenshot-2020-03-26-at-09.50.46-600x374.png 600w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2020\/03\/Screenshot-2020-03-26-at-09.50.46.png 1364w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/p>\n<p>Prices are rising because of consumer panic buying and threats to markets, including the closing of borders and labour shortages.<\/p>\n<p>I <a href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/03\/23\/we-have-to-ration-food-nothing-else-now-makes-sense\/\" target=\"_blank\" rel=\"noopener\">have argued for rationing and price controls<\/a>. The case will become overwhelming soon.<\/p>\n<p><em>Hat tip: Peter Dawe<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is what is happening in the wheat futures market: Prices are rising because of consumer panic buying and threats to markets, including the closing<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/03\/26\/food-prices-are-going-to-rise-without-rationing-and-price-controls\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[181,35],"tags":[],"class_list":["post-48568","post","type-post","status-publish","format-standard","hentry","category-coronavirus","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/48568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=48568"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/48568\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=48568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=48568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=48568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}