Bank governor in 'apocalyptic' warning over rising food prices

[jondear]

Encourage us to invest in UK sourced energy and food...

Increase tax on non-essentials - new cars, holidays, hot tubs, etc... Have a separate interest rate for housing and consumer credit.... There are/ were options...

Is it just me or are the numbers of aircraft in the skies insane atm.Holliday madness!

 

[Sid]

Is it just me or are the numbers of aircraft in the skies insane atm.Holliday madness!View attachment 1036896

Just around you looks like

 

[farmerm]

From this week’s Money Week;

"Right now, the real interest rate is -6%, and soon it is going to hit -9%, historically an extraordinarily low figure. This is uncharted territory. No major developed economy has ever seen real rates as deep into negative territory as that."

Welcome to the "new normal". What a shower of sh1te the world’s leaders have become. Official policy in every developed country is now "leave it to the next guy to clear up our sh1t".

Are we watching a dethroning? Is Cash no longer King..... Right now the only thing worse than having no savings seems to be having savings

 

[hoff135]

Surely there is a golden opportunity for ukraine to export grain west into Europe given that odessa is blocked. Given its the west thats providing help to ukraine why should they export to China anyway who are putins best chums?

 

[Humble Village Farmer]

Are we watching a dethroning? Is Cash no longer King..... Right now the only thing worse than having no savings seems to be having savings

The thing is you are going to need more of it to buy the same goods. Unless we go back to gold...

 

[Suffolk Serf]

Are we watching a dethroning? Is Cash no longer King..... Right now the only thing worse than having no savings seems to be having savings

Makes me feel slightly better about losing a heap of my savings propping up my pig enterprise.

 

[farmerm]

The thing is you are going to need more of it to buy the same goods. Unless we go back to gold...

I am just going to barter with wheat, holding it in the shed until one needs to buy something seems to give better value than cashing it in!

 

[essexpete]

Is it just me or are the numbers of aircraft in the skies insane atm.Holliday madness!View attachment 1036896

Wife commented about this first thing today.

 

[glasshouse]

Surely there is a golden opportunity for ukraine to export grain west into Europe given that odessa is blocked. Given its the west thats providing help to ukraine why should they export to China anyway who are putins best chums?

Ukraine railway on different gauge

 

[farmerm]

Wife commented about this first thing today.

maybe it is the "they" and "they" know something we don't

 

[le bon paysan]

Surely there is a golden opportunity for ukraine to export grain west into Europe given that odessa is blocked. Given its the west thats providing help to ukraine why should they export to China anyway who are putins best chums?

Yes, but the gauge of railway track is not compatible yet.

Ukraine wants to connect to Europe in 1.435mm

(picture above: Lviv station, at the time of peace – photo Юрій Коберник via wikipedia)By Frédéric de Kemmeter – Railway signalling and freelance copywriter – Suscribe my blog26/01/2020…

mediarail.wordpress.com

 

[le bon paysan]

Ukraine railway on different gauge

Beat me to it!

 

[Humble Village Farmer]

I am just going to barter with wheat, holding it in the shed until one needs to buy something seems to give better value than cashing it in!

Get yerself a little flour mill and you won't ever starve.

Edit, and it will be cheaper than buying the loaf of bread my Mrs bought from the supermarket yesterday for £2800 a tonne.

 

[DaveGrohl]

Are we watching a dethroning? Is Cash no longer King..... Right now the only thing worse than having no savings seems to be having savings

They have been trying to do away with us using cash for years. Covid has accelerated it as we’ve all used cards instead of cash. Cashless society gives them even more control over us to continue this absurd monetary experiment and our descent into madness.

 

[ollie989898]

2m from the centre of the hedge. If your hedge is 5m wide…….

It should be 1-2m from the hedge, how wide it is should make no difference.

 

[farmerm]

They have been trying to do away with us using cash for years. Covid has accelerated it as we’ve all used cards instead of cash. Cashless society gives them even more control over us to continue this absurd monetary experiment and our descent into madness.

From an inflationary devaluation perspective cash is still cash even when held digitally.... I really hate the use of the bogy man terms "them" or "they" in a conspiratorial fashion. I am not denying such outcomes are occurring but I do not believe such change is being intentionally driven by a select few individuals who somehow sit outside of the system of controls they are trying to impose. We are all "they" to somebody. Is todays "monetary experiment" really far different from the invention of money?

 

[Humble Village Farmer]

From an inflationary devaluation perspective cash is still cash even when held digitally.... I really hate the use of the bogy man terms "them" or "they" in a conspiratorial fashion. I am not denying such outcomes are occurring but I do not believe such change is being intentionally driven by a select few individuals who somehow sit outside of the system of controls they are trying to impose. We are all "they" to somebody. Is todays "monetary experiment" really far different from the invention of money?

Aren't "they" sitting under a volcano somewhere stroking a white cat?

 

[toquark]

I've spent a bit of money this year installing changeover switches to the house and buildings. I've put in a diesel tank, I've doubled the size of the oil tank. None of this offers complete self reliance, but it does give me a little bit more control over when, where and who I buy energy from and offers the ability to ride out spikes in prices. I've priced up solar and battery bank to cover most of our electricity needs which will ensure I can switch off mains 90% of the time. That will be next year's project.

If I'd caught myself doing this a few years ago, I'd have considered myself a mad prepper worthy only of a snide chuckle. Now I think at the very least its prudent, plus it should also save money over the the long term.

It is not the government's job to look after you and protect you from every inflationary pressure. My approach may not solve all of the societal ills but may just mean my family will be warm and light if Vlad hacks the smart meters, MBS turns off the oil pipes or BP decide they want to double their profits again.

 

[farmerm]

I've spent a bit of money this year installing changeover switches to the house and buildings. I've put in a diesel tank, I've doubled the size of the oil tank. None of this offers complete self reliance, but it does give me a little bit more control over when, where and who I buy energy from and offers the ability to ride out spikes in prices. I've priced up solar and battery bank to cover most of our electricity needs which will ensure I can switch off mains 90% of the time. That will be next year's project.

If I'd caught myself doing this a few years ago, I'd have considered myself a mad prepper worthy only of a snide chuckle. Now I think at the very least its prudent, plus it should also save money over the the long term.

It is not the government's job to look after you and protect you from every inflationary pressure. My approach may not solve all of the societal ills but may just mean my family will be warm and light if Vlad hacks the smart meters, MBS turns off the oil pipes or BP decide they want to double their profits again.

What do they numbers on solar and battery bank look like?

 

[thorpe]

No RT in America and the small family farms have disappeared?

was quoted on here the other day av farm size in america is 444 acres.