Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.
Posted: Tue Apr 15, 2008 6:58 pm Post subject: Re: calories per dollar
I have canned butter before. It is supposed to last about 5 years. I've had it around for about a year before opened, works just fine. Once opened it lasts about a week at room temp, more if kept refrigerated, but tends to be too stiff to spread. _________________ If you want a picture of the future, imagine a boot stamping on a human face--for ever."
-George Orwell, 1984
Joined: Dec 07, 2005 Posts: 1447 Location: Australia
Posted: Tue Apr 15, 2008 10:03 pm Post subject: Re: calories per dollar
I thought this thread would discuss When the amount of calories you get from eating a dollar bill is higher than the calories of food it can buy. That is what i call inflation. _________________ Lets take a ride, and run with the dogs tonight
In suburbia
You cant hide, run with the dogs tonight
In suburbia
- Pet Shop Boys
Posted: Wed Apr 16, 2008 12:02 am Post subject: Re: calories per dollar
ameros per callous in 2010 is probably the right ratio to be thinking of if you are below median income in the US. _________________ I return to you now at the turning of the tide.
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