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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: Cogito Ergo Sum who wrote (28784)1/30/2008 2:46:16 AM
From: Maurice Winn  Read Replies (1) of 217574
 
BS, with average pay in the USA being something like $40,000 a year, at 10% that would be $4,000 on food or $10 a day.

2 eggs 60c
4 slices of bread 40c
4 lettuce leaves 20c
2 litres of water 1c
2 potatoes 10c
10 beans [long variety] 30c
1 carrot 20c
1 apple 50c
1 orange 30c
1 banana 20c
1 onion 30c
1 tomato 30c
4 pinches of salt [iodized] 1c
1 cup of rice [whole grain] 30c
1 clove of garlic 20c
4 teaspoons of soya sauce 20c
100 grams of minced beef 100c
20 ml of grapeseed oil 10c

That's about $5 a day. That looks like enough food. Meat every day is a luxury. Swap it for fish now and then.

So a high quality food supply is $5 a day or 5% of the average pay in the wealthy west. Okay, my numbers were out a bit, but the trends from the 1920s to now show the dramatic reduction in proportion of income going to food.

Mqurice
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