In opulent Europe (at least in Spain, where I live), nothing special will happen as a result of the price increases. Today, Europeans set aside a much smaller percentage of their wages for food than they did 10 or 20 years ago. The problem in Europe, as in the United States or Canada, is not the price of food but obesity.

It is even possible that, by increasing the price of food, the portions consumed by people will be reduced, and that may contribute to improve society's health in general. Aside from that, the high prices of food at an international level are a good argument to ask for the elimination of farm subsidies, a real cancer that corrodes Europe's finances and barely benefits 6 percent of the population.