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A massive food crisis is coming

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Recommended follow-up articles:
The Iran war and the American economy: https://www.economist.com/podcasts/2026/03/20/the-iran-war-and-the-american-economy
Forbidden fruit: https://www.economist.com/interactive/finance-and-economics/2025/07/31/irans-forbidden-fruit
Why fertiliser prices are soaring: https://www.economist.com/the-economist-explains/2022/05/31/why-fertiliser-prices-are-soaring

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SOURCES:
I’ve linked my sources in the blog that goes along with this video. Links are in the text.
https://www.moneymacro.rocks/blog

Timestamps:
00:00 – introduction
01:10 – Why Hormuz is crucial
04:42 – Food price inflation? When?
10:00 – Conclusion

Attribution:
Music by Epidemic Sound: http://nebula.tv/epidemic
Thank you to AP Archive for access to their archival footage.
Stock footage and others clips by Getty

Narrated and produced by Dr. Joeri Schasfoort

41 Comments

  1. Your President sucking your Money for War. Anything become Expensive. Maybe it's time to got to more cheaper and happier Country. maybe you can Rent your house and use that money to live in Indonesia. the Oil and Gas Price is not increasing at all since the start of the War to now and the Food Prices is also Still the Same. and talking about Fertilizer, Indonesia have Many Natural Gas and Fertilizer here is cheap.

  2. Home vege garden and compost, check. Fishing gear, check. Camping equipment for cooking, check. Kind neighbours with an EV who will let me borrow it, check. Decent public transport system, check. Local community garden, check. What else can I do?

  3. Funny the gmo crops died globally for 6 yrs they had to kill the cows due to no feed and now your blaming the straight!.
    Hi Yuri,your research kinda sucks bro .

  4. Unaffected? Have Americans already forgotten about the illogical teriffs on Canadian potash which already make groceries more expensive?

  5. Dude, love your channel but lose the pen thing. It breaks your flow of speaking and is quite irritating for those who just want to simply listen. Your graphics are usually pretty good anyway, why last minute doodles on screen? while we all have to wait until you draw an arrow or something before finishing a sentence? Lose the pen

  6. One "missing" angle might be to analyse the situation through the lense of your last video about how iniquity is not so bad, all things considered, given the surge of people who will surely die from lack of food…

  7. People deserve it because of their stupidity, greediness, arrogance, and the parasitic entitlement of a collective that traded its biological survival for the cheap thrill of its own extinction.
    Pathetic

  8. OMG! … Sri Lanka can never get a break from "Black Swan" events since the end of their Civil War in 2009. They can ill afford another crisis of fertiliser costs exploding plus potentially a big return of expatriate workers from the Gulf should things get even worse there. I guess since none of the people living in these countries can vote for American or Israeli politicians… they just have to suck it up in silence.

  9. I personally would like the price of everything go up, we should not be abusing the situation of shiiite Chinese goods that can be bought online in a couple of clicks to get the next thing sent out next day, we are a bunch of apes using this lovely world to supply us with shiiiite we do not need, so It is time for the west to take a breath and stop buying shite from China

  10. I doubt beef prices will rise because beef is already priced high and beef is very profitable. Herd size has still not caught up with demand.

  11. Id like to see a video on what will happen if gulf countries stop buying dollar assets and start selling instead, all together, to keep themselves afloat

  12. I popped in here to say, this channel has been wrong about every prediction it's made.

    Unsub and touch grass, these mf are just FUD for the algo

  13. Yes prices will go up, but alternative transportation such as rail, trucking and shipping around the cape will simply make up the difference in the short term. The US, Canada, Russia and Belarus will ramp up their end as prices rise.

  14. I know the prediction of 6-9% was carefully calculated, but given that food costs have far outpaced actual inflation the past few years, I think adding a multiplier of 2-3 is a safer bet. 12-18% increases per/ounce[or gram] of food. You know companies like Kraft will shrink what's in their boxes and charge the same

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