Skip to comments.To Fight Hyperstagflation, Greece Will Allow Sale Of Expired Food Products
Posted on 10/15/2012 11:54:49 AM PDT by Kartographer
Against a deflationary environment of austerity-driven wage and pension cuts combined with rising unemployment; food, commodity, and fuel prices continue to surge in Greece. The government has taken an unusual step - allowing the sale of expired food at lower prices. As Voz Populi reports, this act means the government has 'virtually admitted their inability to control prices" as the worst aspects of stagflation crush the Hellenic Republic. The regulation (allowing from one-week to one-month extensions of foods for sale post their eat-before-this-day-or-you'll-get-Salmonella date) has existed for many years, according to a ministerial decree and this action merely states that these foods must be sold at a lower price. Meat and dairy is excluded but this move is described as "an immoral act" as few believe prices will actually be reduced - since that is at the discretion of the merchant.
(Excerpt) Read more at zerohedge.com ...
Witness the end result of the Welfare State. A lot of people on the public teat waiting for the few remaining productive people to earn money and pay it in taxes. In the interim, they can eat rotten food because God Forbid that they actually produce anything.
That's it? Really? That's nothing compared to how much America's food prices have risen.
How exactly does one know when goat cheese is out of date?
Which is actually a step up from Spain, where some cities installed locks on dumpsters to prevent people from eating garbage.
Ok, I must have missed that day in Economics class. Can someone please explain the logic to me? How does allowing the sale of lower value products fight stagflation?
There’s nothing to ewww over. Most foods can last long after those mythical dates. Canned goods can last for years with very little nutritional loss. Frozen items will be just fine after a year or two. Cardboard packaged items such as cereal will last months after the date. Same with medicines.
This is just like laundry detergent companies say you must use X amount in the washer. Wrong. You can use much less. But, hey, the more you use, the quicker you run out and have to buy more of their product. Better for them, not so good for you.
In the Carboniferous Epoch we were promised abundance for all,
By robbing selected Peter to pay for collective Paul;
But, though we had plenty of money, there was nothing our money could buy,
And the Gods of the Copybook Headings said: “If you don’t work you die.”
We throw out lots of perfectly good food because my wife reads those dates and throws out anything that is past it. I spent too many years as a bachelor to be fooled, you can ignore the date. Throw it out when stuff starts growing on it and not a day before!
At our local grocery store, the about ready to “expire” meat is marked down. It is the only time we splurge on special items. No mark down, no purchase.
2/3 of our grocery basket content each visit is what we call ‘used’ food.
Used food is the stuff with the orange sticker on it. I can see an orange sticker from about 60 feet.
Don’t get in the way, those red banded bananas are all mine.
Scored big on about 30 lbs of used gourmet coffee last week, 1/3 the regular price.
When you have more than 7 kids, you do what you gotta do.
My gosh...remind me NOT to go shopping in GREECE...
It has taken a while, but I have finally convinced my kids that those dates are 'best by' dates, not 'destroy after' dates. That said, I found a salad dressing container in my in-laws fridge that was 10-years past the date...I didn't open it to check on it.
“not ‘destroy after’ dates”
Reminds me of a local Minneapolis cartoon from years ago. The guy is all bundled up in his winter clothing and has jugs of milk and other dairy products strapped all over him and he is at the Public Works Building.
“I’m not leaving until my street is plowed of snow. And you’ll note that the expiration date on these dairy products is midnight tonight!”
Customer: “How much is that cheese?”
Grocer: “That’s not cheese!”
Most so-called “expired” food is perfectly fine...we regularly shop at an Amish-run “salvage” grocery that sells expired and dented food items, and the prices are 1/4 retail, sometimes less. Also frequent food auctions where pretty much everything is past it’s “sell by” date, and so far everything’s been just fine, and nobody’s gotten sick.