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To Fight Hyperstagflation, Greece Will Allow Sale Of Expired Food Products
ZeroHedge ^ | 10/15/12 | Tyler Durden

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 ...


TOPICS: Food
KEYWORDS:

1 posted on 10/15/2012 11:54:52 AM PDT by Kartographer
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To: Kartographer

Eewwwwww!!!


2 posted on 10/15/2012 11:59:56 AM PDT by rhinohunter
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To: Kartographer

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.


3 posted on 10/15/2012 12:00:45 PM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Kartographer
Between August 2011 and August 2012, the price of sugar shot up 15%, the eggs, 6.8% for butter by 3.2% and that of coffee, 5.9%

That's it? Really? That's nothing compared to how much America's food prices have risen.

4 posted on 10/15/2012 12:04:35 PM PDT by bgill
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To: Kartographer

How exactly does one know when goat cheese is out of date?


5 posted on 10/15/2012 12:07:00 PM PDT by Zuben Elgenubi
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To: Kartographer
Let them eat trash!

Which is actually a step up from Spain, where some cities installed locks on dumpsters to prevent people from eating garbage.

6 posted on 10/15/2012 12:08:08 PM PDT by Wyrd bi ful ard
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To: Kartographer

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?


7 posted on 10/15/2012 12:08:36 PM PDT by taxcontrol
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To: rhinohunter; Opinionated Blowhard

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.


8 posted on 10/15/2012 12:10:12 PM PDT by bgill
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To: Opinionated Blowhard

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.”

—Rudyard Kipling


9 posted on 10/15/2012 12:17:14 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Kartographer

Eewwwwww!!!


10 posted on 10/15/2012 12:31:44 PM PDT by rhinohunter
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To: Kartographer

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!


11 posted on 10/15/2012 12:38:59 PM PDT by pepsi_junkie (Who is John Galt?)
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To: pepsi_junkie

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.


12 posted on 10/15/2012 12:50:20 PM PDT by between_the_lines_mn
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To: Kartographer

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.


13 posted on 10/15/2012 12:57:53 PM PDT by lurk
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To: Kartographer
The government has taken an unusual step - allowing the sale of expired food at lower prices

My gosh...remind me NOT to go shopping in GREECE...

14 posted on 10/15/2012 1:05:26 PM PDT by ExCTCitizen (Yes, Obama, I had help with my business. MY CUSTOMERS!)
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To: pepsi_junkie
We throw out lots of perfectly good food because my wife reads those dates and throws out anything that is past it.

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.

15 posted on 10/15/2012 1:30:57 PM PDT by LearnsFromMistakes (Yes, I am happy to see you. But that IS a gun in my pocket.)
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To: LearnsFromMistakes

“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!”


16 posted on 10/15/2012 1:36:41 PM PDT by 21twelve (So I [God] gave them over to their stubborn hearts to follow their own devices. Psalm 81:12)
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To: Kartographer

Customer: “How much is that cheese?”

Grocer: “That’s not cheese!”


17 posted on 10/15/2012 3:21:33 PM PDT by dynachrome ("Our forefathers didn't bury their guns. They buried those that tried to take them.")
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To: rhinohunter

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.


18 posted on 10/15/2012 6:19:20 PM PDT by fassue (What part of "Death To America" don't you understand???)
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To: lurk
"...used gourmet coffee..."

???

The Kenyan must go.

19 posted on 10/15/2012 6:57:12 PM PDT by ex91B10 (We've tried the Soap Box,the Ballot Box and the Jury Box; ONE BOX LEFT!)
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