Since about the late 1500s, a bushel of wheat has cost within an order of magnitude of £1. By contrast, in the late 1500's a farmhand's wage was 1 pound + room and board.

Right now it's £5.60, but that says more about the decline of the British Pound than an increase in the price of wheat.

Massive food price deflation has been one of the wonders of the modern world. Hopefully the last few years were only a small blip on this overall trend.

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watwut 4 hours ago | parent | next [-]

There were several revolutions, major wars and genocides in between 1500 and now. We would like to not have to go through similar events to get things back again.

"It might get better in 500 years" is not exactly comforting thought.

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3 hours ago | parent | prev | next [-]

[deleted]

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smallmancontrov 4 hours ago | parent | prev [-]

Health care, housing, and education are the drivers of the cost of living / wage crisis. Wheat is not. Furthermore, you know this. Why did you choose to steer the conversation away from the problem?

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mcmcmc 4 hours ago | parent [-]

The comment they responded to literally listed food as a basic necessity. Are you not aware that bread comes from wheat?

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smallmancontrov an hour ago | parent [-]

They listed food, medicine, and housing. The latter two have massively inflated and are creating the problem. The former is not. Why did you choose to steer the conversation away from the important ones and towards the unimportant ones?

	▲	mcmcmc 30 minutes ago \| parent \| next [-]
		Wow you are exhausting. Someone asked about disinflation in basic necessities, they responded with a clear example in one of the necessities listed. Are you saying food is unimportant? Why are you incapable of accepting that disinflation has occurred in some cases, largely due to technological advancements? No one is talking about disinflation in medicine or housing because it hasn’t happened. It has with food. No one is trying to steer anything other than you.
	▲	35 minutes ago \| parent \| prev [-]
		[deleted]