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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (28784)	1/30/2008 12:03:53 AM
From: elmatador	Read Replies (1) \| Respond to of 217564

Purchase power of a cureency defines the % spent on food. Say Russia's Rubble up, less Rubles are spent on food. USD down, more USD per unit of food, means more % of US income going into food.

To: Cogito Ergo Sum who wrote (28784)	1/30/2008 2:46:16 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 217564

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