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Positioning For A Food Riots Economy
Seeking Alpha ^ | 1-16-2011 | Kevin McElroy

Posted on 01/16/2011 3:54:15 PM PST by blam

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To: blam
The other side of the coin is that food prices are rising too – for three simple reasons:

* The first reason is just plain old bad luck. Bad weather around the world, including heat waves in Russia last summer and flooding in Australia right now, continues to put a crimp in global food stocks.

* The second reason is sustained levels of higher energy prices. Oil is a vital input to most food production in the developed world. Higher oil prices necessitate higher food prices.

* The third is a global currency devaluation race. Trillions of newly minted dollars will increasingly find themselves competing with trillions of yuan, yen, euros, etc. to buy an already diminished supply of food.

I'd posit one additional, and rather ironic, major reason for the escalation of food prices: increasing prosperity in the developing world. Peasants (are we still allowed to call them "peasants," or is that now politically incorrect?) in China and India, among other places, while still poor by our standards, are increasingly able to eat more calories, especially in the form of meat, than in years past. With more grain going to animal feed rather than directly to food products, grain products increase in price.

61 posted on 01/16/2011 5:19:25 PM PST by southernnorthcarolina ("Better be wise by the misfortunes of others than by your own." -- Aesop)
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To: ChildOfThe60s

Answering your question via “The Restaurant at the End of the Universe” by Douglas Adams...


The management consultant gave him a look that only a lungfish could have copied.

“Fiscal policy ...” he repeated, “that is what I said.”

“How can you have money,” demanded Ford, “if none of you actually produces anything? It doesn’t grow on trees you know.”

“If you would allow me to continue ...”

Ford nodded dejectedly.

“Thank you. Since we decided a few weeks ago to adopt the leaf as legal tender, we have, of course, all become immensely rich.”

Ford stared in disbelief at the crowd who were murmuring appreciatively at this and greedily fingering the wads of leaves with which their track suits were stuffed.

“But we have also,” continued the management consultant, “run into a small inflation problem on account of the high level of leaf availability, which means that, I gather, the current going rate has something like three deciduous forests buying one ship’s peanut.”

Murmurs of alarm came from the crowd. The management consultant waved them down.

“So in order to obviate this problem,” he continued, “and effectively revalue the leaf, we are about to embark on a massive defoliation  campaign, and ... er, burn down all the forests. I think you’ll all agree that’s a sensible move under the circumstances.” 

The crowd seemed a little uncertain about this for a second or two until someone pointed out how much this would increase the value of the leaves in their pockets whereupon they let out whoops of delight and gave the management consultant a standing ovation. The accountants among them looked forward to a profitable autumn.


62 posted on 01/16/2011 5:20:17 PM PST by ctdonath2 (Great children's books - http://www.UsborneBooksGA.com)
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To: cripplecreek

Bury em. Dig a hole, then cover the hole with either dirt or straw and you can use them all year long.

I cant remember if we used to layer them with straw or not now... Of course there is a lot of kinds of insulation a person could use now days.

You need to keep them in the dark and steady temp.


63 posted on 01/16/2011 5:25:30 PM PST by crz
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To: blam

bump for later


64 posted on 01/16/2011 5:26:43 PM PST by PLMerite (Thanks for fixing the clock.)
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To: driftdiver
http://www.survivaltopics.com/ and http://www.survivalblog.com/ ............................ FRegards
65 posted on 01/16/2011 5:27:16 PM PST by gonzo ( Buy more ammo, dammit! You should already have the firearms .................. FRegards)
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To: cripplecreek

One other thing we used to do..we used to dry green beans. Simply hang them up and dry them out and leave them on the line.

Kinda tuff, those dried beans. Used them in stews and such. The stew would stay on the wood stove till it was all gone. The whole pot might be on that stove for a week and mom would keep adding things to it during the week. That was for lunch. We always had quartered potatoes for supper and any meat and tater left overs were put into the stew pot and kept hot on the cool side of the stove.

We were never sick like now. Of course until us kids would come home from school with the measles and mumps and all that. Not one kid today would survive doing what we did back then.


66 posted on 01/16/2011 5:35:41 PM PST by crz
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To: driftdiver

bump your post.


67 posted on 01/16/2011 5:35:53 PM PST by Brad’s Gramma (Here's a thought!! Donate to the website you are on RIGHT NOW!! .... *waves hi to DS*)
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To: cripplecreek
Seems that most urban people are gonna hurt the most.

Women and minorities.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

68 posted on 01/16/2011 5:36:06 PM PST by The Comedian ("Extremism in the defense of liberty is no vice" - B. Goldwater)
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To: cripplecreek

Root crops is right. The last thaw we had I dug up the last of my carrot in the blowing snow. Got 22 gallons of carrots and left many in the ground because I was to cold and they were to small.


69 posted on 01/16/2011 5:56:54 PM PST by jimpick
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To: blam
"The second reason is sustained levels of higher energy prices. Oil is a vital input to most food production in the developed world. "

This guy missed a few points. Our oil prices are higher because democrats won't let us drill for our own oil and be self sufficient and not at the mercy of OPEC. Furthermore we are burning food instead of eating it. I guess he never heard of (corn) ethanol.

70 posted on 01/16/2011 6:02:19 PM PST by Cobra64
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To: Cobra64
That's why you need to store copious amounts of lead too, and make sure delivery systems are in top working order.

My concern is 1) the structural integrity of my single story abode if I buy any more lead, and 2) will I have enough lead?

Another thousand assorted rounds scheduled for delivery next week.

Concrete test underway.

71 posted on 01/16/2011 6:06:28 PM PST by LasVegasMac (Keep flappin' your lips while I reload..............)
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To: Cobra64

The corn used for ethanol is yellow dent field corn used mostly for animal feed. The spent mash after distillation is still pretty good animal food, so not much lost. We eat sweet corn and white corn.

That being said, it’s still a dumb idea at todays oil prices.

Reason food in the US is cheap is that we eat oil. Oil gets expensive, food gets expensive. And it will.


72 posted on 01/16/2011 6:11:00 PM PST by tickmeister (tickmeister)
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To: blam

Live on a sailboat. Keep it in seaworthy condition. Equip it with a water maker. Stock 6 months worth of food at all times. Carry fishing gear and hunting tools and know how to use them.

Paranoid?

Nope. Just ready to sail for the deep South Pacific or Alaska at any time. Going anyway. Might as well be prepared.


73 posted on 01/16/2011 6:18:50 PM PST by Chuckster (When I was a kid, this was a free country)
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To: tickmeister
Your field (dent) corn information is lacking. Corn meal, corn flour, corn starch, and corn syrup are all produced from field corn. That would include all cereals and snack foods.

Sweet corn (yellow, white, bi and tri colored) is mostly eaten from the cob, but is also canned and frozen.

74 posted on 01/16/2011 6:30:31 PM PST by JustaDumbBlonde (Don't wish doom on your enemies. Plan it.)
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To: FlingWingFlyer
I can already see a new "reality" show. Dumpster Divers

It is doubtful that there will be a lot of excess food in dumpsters when we get to severe shortages and/or prices that make normal grocery buying prohibitive.

75 posted on 01/16/2011 6:37:32 PM PST by JustaDumbBlonde (Don't wish doom on your enemies. Plan it.)
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To: JustaDumbBlonde

Still, I think most yellow dent is animal feed, and the point about the spent mash is my main issue. Do you know the actual percent of yellow used for human food vs. animal?


76 posted on 01/16/2011 6:39:19 PM PST by tickmeister (tickmeister)
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To: JustaDumbBlonde

Well, I was just thinking that the liberal elites like Barry, Harry and Nancy are going to have to throw their garbage somewhere.


77 posted on 01/16/2011 6:39:49 PM PST by FlingWingFlyer ("New laws are always a "good idea" until the first time you have to enforce them." - Unknown)
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To: blam
Cards make it too easy to be on "Stamps?" There are no stamps and there should be
stamps with bar codes on them so they cannot be photocopied. And I'm all for
showing ID when using them and a signature. Let the lazy people feel the pain
of embarrassment while using them, and not just a swipe and go.

/imo

78 posted on 01/16/2011 6:42:46 PM PST by MaxMax
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To: Cobra64
"Furthermore we are burning food instead of eating it. I guess he never heard of (corn) ethanol."

We are not burning food instead of eating it. We both burn it and eat it, as the US consistently grows far more corn than it consumes.

79 posted on 01/16/2011 6:43:45 PM PST by JustaDumbBlonde (Don't wish doom on your enemies. Plan it.)
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To: Cold Heart

LOL, now if you could figure out how to make water into wine you won’t have a food problem.


80 posted on 01/16/2011 6:44:40 PM PST by MaxMax
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