FoA 289: [VC Roundtable] Trends Boosting Agtech and 2022 Predictions
Future of Agriculture
00:00
The Government's Subsidization of Agriculture Credit in Brazil
francisco says he's seen many examples of unintended consequences from too much government interference. Whenever the government tries to do somethingand i do believe there's good intention, they usually cause a lot more proms tin to do. So in ag it's been traditional nan now i'll tell you one wore. What happens is the subsidies go to the people really that need the capital who get lower interest rates. O so o, having a transfer programme of wealth from the general population to their wealthy farmers. And you kill the private sector's ability to develop its own private credit market for farmers.
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