We offered off our wheat reserves for money reserves way back, which most individuals will most likely quickly discover missing in dietary worth…
(by Half Greenback) The hate, the hostility and the cognitive dissonance are fascinating to say the very least.
It’s bizarre too, form of like how folks consider we, ahhh, nevermind.
I simply really feel that I actually need to share this text I wrote in April of 2020, with one of many key factors being the US has no actual wheat meals reserves anymore (daring added for emphasis and commentary):
In 2008, as world meals costs spiked, the US Division of Agriculture (USDA) offered the remaining shares (about 915,000 MT), changing the belief into an all money reserve for the acquisition of U.S. commodities.
As a substitute, we’ve “money reserves”.
So whereas all people laughs at Canada for promoting off all of its gold reserves, and whereas all people laughs on the US for releasing a drop of oil from its strategic petroleum reserve, I’m fairly positive that not many individuals will probably be laughing when the starvation pangs kick in.
Regardless, the “regular commodity market cycle” Chart Huggers are popping out of the woodwork.
So I really feel like I want to return out with a pleasant reminder: A humorous factor occurs when an individual is an skilled on paper but has spent zero time in battle on the frontlines of starvation.
Very like the entire newfound Chairborne Rangers…