Prices

[jpinpb]

If there’s a worldwide crisis and the dollar is worthless, then what difference would it make to have cash on hand? I’ve heard/read to buy gold. But in a real crisis, you can’t eat money or gold. Just stock up on food and water, right?

I can’t imagine it will get that bad, but I made a trip to Costco today, JIC, and got a few extra things.

[Veritas]

“Brown and white rices store very differently. Brown rice is only expected to store for 6 months under average conditions. This is because of the essential fatty acids in brown rice. These oils quickly go rancid as they oxidize. It will store much longer if refrigerated. White rice has the outer shell removed along with those fats. Because of this, white rice isn’t nearly as good for you, but will store longer. Hermetically sealed in the absence of oxygen, plan on a storage life for white rice of 8-10 years at a stable temperature of 70 degrees F. It should keep proportionately longer if stored at cooler temperatures. Stored in the absence of oxygen, brown rice will last longer than if it was stored in air. Plan on 1 to 2 years. It is very important to store brown rice as cool as possible, for if you can get the temperature down another ten degrees, it will double the storage life again.”

[Veritas]

“Brown and white rices store very differently. Brown rice is only expected to store for 6 months under average conditions. This is because of the essential fatty acids in brown rice. These oils quickly go rancid as they oxidize. It will store much longer if refrigerated. White rice has the outer shell removed along with those fats. Because of this, white rice isn’t nearly as good for you, but will store longer. Hermetically sealed in the absence of oxygen, plan on a storage life for white rice of 8-10 years at a stable temperature of 70 degrees F. It should keep proportionately longer if stored at cooler temperatures. Stored in the absence of oxygen, brown rice will last longer than if it was stored in air. Plan on 1 to 2 years. It is very important to store brown rice as cool as possible, for if you can get the temperature down another ten degrees, it will double the storage life again.”

[Veritas]

“Brown and white rices store very differently. Brown rice is only expected to store for 6 months under average conditions. This is because of the essential fatty acids in brown rice. These oils quickly go rancid as they oxidize. It will store much longer if refrigerated. White rice has the outer shell removed along with those fats. Because of this, white rice isn’t nearly as good for you, but will store longer. Hermetically sealed in the absence of oxygen, plan on a storage life for white rice of 8-10 years at a stable temperature of 70 degrees F. It should keep proportionately longer if stored at cooler temperatures. Stored in the absence of oxygen, brown rice will last longer than if it was stored in air. Plan on 1 to 2 years. It is very important to store brown rice as cool as possible, for if you can get the temperature down another ten degrees, it will double the storage life again.”

[Veritas]

“Brown and white rices store very differently. Brown rice is only expected to store for 6 months under average conditions. This is because of the essential fatty acids in brown rice. These oils quickly go rancid as they oxidize. It will store much longer if refrigerated. White rice has the outer shell removed along with those fats. Because of this, white rice isn’t nearly as good for you, but will store longer. Hermetically sealed in the absence of oxygen, plan on a storage life for white rice of 8-10 years at a stable temperature of 70 degrees F. It should keep proportionately longer if stored at cooler temperatures. Stored in the absence of oxygen, brown rice will last longer than if it was stored in air. Plan on 1 to 2 years. It is very important to store brown rice as cool as possible, for if you can get the temperature down another ten degrees, it will double the storage life again.”

[Veritas]

“Brown and white rices store very differently. Brown rice is only expected to store for 6 months under average conditions. This is because of the essential fatty acids in brown rice. These oils quickly go rancid as they oxidize. It will store much longer if refrigerated. White rice has the outer shell removed along with those fats. Because of this, white rice isn’t nearly as good for you, but will store longer. Hermetically sealed in the absence of oxygen, plan on a storage life for white rice of 8-10 years at a stable temperature of 70 degrees F. It should keep proportionately longer if stored at cooler temperatures. Stored in the absence of oxygen, brown rice will last longer than if it was stored in air. Plan on 1 to 2 years. It is very important to store brown rice as cool as possible, for if you can get the temperature down another ten degrees, it will double the storage life again.”

[kewp]

We have to get out of the hole of debt before we can think about stimulating the economy.

Exactly. Which is why we need to socialize the credit business.

The Fed needs to take over a big national bank and begin lending directly to the people and businesses; with salaries and assets secured as the collateral.

Want to stimulate the economy? Give me a loan at the fed prime rate to pay off my credit cards with my salary as the collateral. Same thing for home, student and auto loans.

[kewp]

We have to get out of the hole of debt before we can think about stimulating the economy.

Exactly. Which is why we need to socialize the credit business.

The Fed needs to take over a big national bank and begin lending directly to the people and businesses; with salaries and assets secured as the collateral.

Want to stimulate the economy? Give me a loan at the fed prime rate to pay off my credit cards with my salary as the collateral. Same thing for home, student and auto loans.

[kewp]

We have to get out of the hole of debt before we can think about stimulating the economy.

Exactly. Which is why we need to socialize the credit business.

The Fed needs to take over a big national bank and begin lending directly to the people and businesses; with salaries and assets secured as the collateral.

Want to stimulate the economy? Give me a loan at the fed prime rate to pay off my credit cards with my salary as the collateral. Same thing for home, student and auto loans.

[kewp]

We have to get out of the hole of debt before we can think about stimulating the economy.

Exactly. Which is why we need to socialize the credit business.

The Fed needs to take over a big national bank and begin lending directly to the people and businesses; with salaries and assets secured as the collateral.

Want to stimulate the economy? Give me a loan at the fed prime rate to pay off my credit cards with my salary as the collateral. Same thing for home, student and auto loans.

[kewp]

We have to get out of the hole of debt before we can think about stimulating the economy.

Exactly. Which is why we need to socialize the credit business.

The Fed needs to take over a big national bank and begin lending directly to the people and businesses; with salaries and assets secured as the collateral.

Want to stimulate the economy? Give me a loan at the fed prime rate to pay off my credit cards with my salary as the collateral. Same thing for home, student and auto loans.

[peterb]

So basically have the US Govt come in and restructure all existing consumer debt to 1.5% with no one able to default or go BK? This would be nationalization of about $10T? Bring the world to it’s financial knees. Crowd out all private sector activity for the biggest economy in the world. Socialism transition.

Prices need to come down to a level that is sustainable by wages. If this means economic failure by individuals and companies, so be it. But it’s what’s got to happen and the global market will not allow anything else. All intervention will do is prolong the event and perhaps make it much worse.

[peterb]

So basically have the US Govt come in and restructure all existing consumer debt to 1.5% with no one able to default or go BK? This would be nationalization of about $10T? Bring the world to it’s financial knees. Crowd out all private sector activity for the biggest economy in the world. Socialism transition.

Prices need to come down to a level that is sustainable by wages. If this means economic failure by individuals and companies, so be it. But it’s what’s got to happen and the global market will not allow anything else. All intervention will do is prolong the event and perhaps make it much worse.

[peterb]

So basically have the US Govt come in and restructure all existing consumer debt to 1.5% with no one able to default or go BK? This would be nationalization of about $10T? Bring the world to it’s financial knees. Crowd out all private sector activity for the biggest economy in the world. Socialism transition.

Prices need to come down to a level that is sustainable by wages. If this means economic failure by individuals and companies, so be it. But it’s what’s got to happen and the global market will not allow anything else. All intervention will do is prolong the event and perhaps make it much worse.

[peterb]

So basically have the US Govt come in and restructure all existing consumer debt to 1.5% with no one able to default or go BK? This would be nationalization of about $10T? Bring the world to it’s financial knees. Crowd out all private sector activity for the biggest economy in the world. Socialism transition.

Prices need to come down to a level that is sustainable by wages. If this means economic failure by individuals and companies, so be it. But it’s what’s got to happen and the global market will not allow anything else. All intervention will do is prolong the event and perhaps make it much worse.

[Author]

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