Skip to comments.Prosecutors Office vows to crack down on food hoarding (Taiwan)
Posted on 02/18/2011 5:14:23 PM PST by dynachrome
TAIPEI -- The Taiwan High Prosecutors Office vowed yesterday to harshly crack down on anyone caught hoarding food staples as part of the government's efforts to stabilize food prices amid a string of price hikes following the Lunar New Year. The office said it has started collecting evidence by monitoring prices of major consumer products. Anyone found to have engaged in hoarding will be severely punished to the fullest extent of the law, it said.
Those guilty of illegal activities such as hoarding daily necessities, manipulating food supplies or product prices could be sentenced to jail terms of up to five years or fines of up to NT$3,000 (US$100).
(Excerpt) Read more at chinapost.com.tw ...
Food hoarding? Is that buying warehouses full of the stuff to sell to people? They are making that illegal? They are going to get VERY hungry!
Personally, if I was living on an island with China making nasty noises, and the possibility of a blockade at some future point, I would want a one-year survivalist stockpile as well.
Glad I bought several 10lb sacks of long grain rice several months ago at $3.99
It is $16 now
10 lbs of basmati is upward of $30 and is on backorder
Are they talking about speculators or regular people with a bigger than normal pantry?
Looks like “speculators” (mid level businesses)
Actually, there has been a problem numerous times before with manipulation of wholesale food prices in Taiwan. A few years ago, when I was visiting Hsinchu, it was garlic that was in short supply.l Rumor was that the gangsters had bought it up and pulled it off the market to drive up prices. Taiwan is also susceptible to panics, such as the lines of retirees, who had nothing better to do, to purchase Rice liquor before the price went up due to the WTO.
The prosecutors are just blowing smoke, since they know who the local Mob is. They just have to have the appearance of doing something useful while palms are greased.
This is not for Hop Sing on the street. This is about large food wholesalers and speculators.
Hit Costco. 25 lbs of rice for about ten bucks
Any in Taiwan who DOESN’T hoard food should be routed out and jailed - considering their neighbor just to the north.
“Hit Costco. 25 lbs of rice for about ten bucks”
If you read the calorie count, you’ll find that rice offers the best bang for the buck. If you have rice, then you can eat it with anything, and still not starve.
The way I see it - sooner (rather than later), food prices in the US will soar as the dollar crashes. You will still find food, but it will cost a fortune. If you have a good-sized stock of rice (which I have), or noodles, you will have your calories. You can then add whatever other foods happen to be available, at a given time (i.e., expect Soviet-style food shortages, once price controls take hold) and have a reasonable meal.
The commodities index doesnt look bad, but I am seeing some wild prices.
The stuff lasts forever and I thought it would be good insurance.
As you said, you can eat it with anything.
And if you can make nuoc cham, it will be delicious!
How long before they start a campaign urging citizens to report anyone they see making bulk purchases of ammo, toilet paper, canned goods, rice, or other staples?
How soon will gasoline and other necessities be rationed? Not due to shortages but as a way of controlling those of us not on the government plantation?
I have kind of a heichary. Storage of rice and noodles makes the most sense. They are very cheap, last a long time, and aren’t bad to eat, even in good times (like now). Next is storage of canned and otherwise sealed items. You buy them in the supermarket in regular sizes (nothing large) and store what you can. For the calorie count, they can start getting expensive, but people need veggies and meat. Finally, if you’re really into it, you can preserve your own stuff - very expensive, and illogical if you can buy already-canned stuff (and probably better sealed). But if we’re talking years and years of bad times, rather than months to a couple of years, canning does make sense.
But the other thing to remember is that the deeper you go into the survival world, the more tempting it will be for the non-survivalists (the other 99% of the population) to gang up on you and ‘request’ that you share your booty.
Yeah, I have the same hierarchy, and if you can scrounge fresh produce to add to that stuff, you are making excellent meals.
Don’t forget beans and bullets!
Yea, I was hinting at the ammo at the end. You have to be able to defend what you have - although it’s always best to let as few people as possible know anything about it.
A wise man keeps his own counsel.
It is best that no one outside your own personal circle have any idea of your prepper supplies of guns, ammo, food, gasoline, precious metals, trading goods - anything at all.
When the time comes we will probably all be called upon to share.
We want it to be our choice, not because we are at the point of some moocher zomby's gun.
And consider this thought:
"Every day we throw away things people will kill for after TSHTF."