US Daily Index. These indexes are designed to provide real-time information on major inflation trends, not to forecast official inflation announcements. We are constantly adding new categories of goods, but we do not cover 100% of CPI goods and services. The price of services, in particular, are not easy to find online and therefore are not included in our statistics….
… Standard canned goods aren’t generally deemed age-worthy. Food technologists define shelf life not by how long it takes for food to become inedible, but how long it takes for a trained sensory panel to detect a “just noticeable difference” between newly manufactured and stored cans. There’s no consideration of whether the difference might be pleasant in its own way or even an improvement—it’s a defect by definition…
via Slate Magazine.
The proprietor of the well-respected Survival Blog, James Rawles, is not one for overstatement. So it was doubled-down unsettling when he wrote the most chilling advice we’ve seen recently, a spare and direct statement which appeared in his Economics and Investing section:
As of today, Wednesday, June 13, 2012, I strongly urge all SurvivalBlog readers to immediately draw down their checking accounts and liquidate their CDs, passbook savings accounts and most of the their stocks to buy tangibles. Continue reading