US Daily Index: The Billion Prices Project at MIT

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….

Capture Million Price project

Aging canned goods: Why time and heat can make your canned tuna and Spam even more delicious | Slate

click the pic to read the whole schtick

… 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.

Dis-Investment | Ol’ Remus and the Woodpile Report

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