There is a dairy farm right across the road from me and they can't sell their milk except to a plant that buys it from them. The only way I can get any milk from them is if they give it to me. They said it is illegal for them to sell their milk to the public.
well, they are in the process of slaughtering a bunch of cattle to prop up milk prices. It's in the "stimulus" bill.
There is a dairy farm right across the road from me and they can't sell their milk except to a plant that buys it from them. The only way I can get any milk from them is if they give it to me. They said it is illegal for them to sell their milk to the public.
There is a dairy farm right across the road from me and they can't sell their milk except to a plant that buys it from them. The only way I can get any milk from them is if they give it to me. They said it is illegal for them to sell their milk to the public.
link?
That would be nuts. I want confirmation though.
Conditions in Texas are so bad cattle are keeling over in parched pastures and dying. Lack of rainfall has left pastures barren, and cattle producers have resorted to feeding animals hay.
Appreciating a currency is the fastest way to control food inflation. A more valuable currency allows a nation to monopolize more global resources (ie: the overvalued dollar allows the US to consume 25% of the world's oil despite having only 4% of the world's population). If China were to selloff its US reserves, its enormous population would start sucking up the world's food supply like the US has been doing with oil.
On the flip side, when a nation appreciates its currency and starts consuming more of the world's resources, it leaves less for everyone else. So when china appreciates the yuan, food shortages worldwide will increase and prices everywhere else will jump upwards. As there is nothing that breeds social unrest like soaring food prices, nations around the world, from Russia, to the EU, to Saudi Arabia, to India, will sell off their foreign reserves to appreciate their currencies and reduce the cost of food imports. In response to this, China will sell even more of its reserves and so on. That is competitive currency appreciation.
When faced with competitive currency appreciation, you do NOT want to be the world's reserve currency. The dollar is likely to do very poorly as central banks liquidate trillions in US holdings to buy food and appreciate their currencies.
Where we are, we just pay the dude a dollar to "own" (collectively) the cow, then pay him a few bucks to "milk" a gallon for us.
Where we are, we just pay the dude a dollar to "own" (collectively) the cow, then pay him a few bucks to "milk" a gallon for us.
Since when did cows not eat hay???
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Lookup rendering plants-but be prepared, it aint pretty.
R U Serious, cuz if you are, that is fn
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