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Marsden
Posts: 1340
Joined: August 20th, 2001, 5:42 pm
Location: Maryland

Re: Hyperinflation

April 16th, 2023, 1:38 pm

When did oysters become $4.50 each???

I could really use some of that deflation right now.
You might want to look at where they had been harvested from and where they are harvested from now.

Several years ago it was possible to get Apalachicola Bay oysters -- shucked, and I've generally considered that the oysters are almost free; you're paying for the shucking -- for US$0.50 each around the north shore of the Gulf of Mexico. And, contrary to my concerns with oysters so cheap, they were good and did not leave me deathly ill the next day.

Now the Apalachicola Bay is shut down for oyster harvesting through 2025 because reduced flows from the Apalachicola River raised the salinity of the Bay and decimated the oyster crop. Apalachicola oysters once supplied most of the American Southeast.

The last time I had Apalachicola Bay oysters, just before the ban, they were US$15 a dozen and the shucker had to go through about twenty of them to find twelve he was willing to serve. And they weren't very good. Now oysters in the same area come from somewhere in Texas.

And I think there are similar issues with several other traditional oyster sources, maybe even in the British Isles. So, maybe climate change.
 
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bearish
Posts: 5906
Joined: February 3rd, 2011, 2:19 pm

Re: Hyperinflation

April 16th, 2023, 2:03 pm

When did oysters become $4.50 each???

I could really use some of that deflation right now.
You might want to look at where they had been harvested from and where they are harvested from now.

Several years ago it was possible to get Apalachicola Bay oysters -- shucked, and I've generally considered that the oysters are almost free; you're paying for the shucking -- for US$0.50 each around the north shore of the Gulf of Mexico. And, contrary to my concerns with oysters so cheap, they were good and did not leave me deathly ill the next day.

Now the Apalachicola Bay is shut down for oyster harvesting through 2025 because reduced flows from the Apalachicola River raised the salinity of the Bay and decimated the oyster crop. Apalachicola oysters once supplied most of the American Southeast.

The last time I had Apalachicola Bay oysters, just before the ban, they were US$15 a dozen and the shucker had to go through about twenty of them to find twelve he was willing to serve. And they weren't very good. Now oysters in the same area come from somewhere in Texas.

And I think there are similar issues with several other traditional oyster sources, maybe even in the British Isles. So, maybe climate change.
On a related but happier note:

https://www.billionoysterproject.org/
 
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Paul
Topic Author
Posts: 7047
Joined: July 20th, 2001, 3:28 pm

Re: Hyperinflation

April 16th, 2023, 3:52 pm

Oysters are only ever an impulse buy in a restaurant for me. I’d say they’ve doubled in price in the last three years. This is in the US, both coasts.
 
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katastrofa
Posts: 7929
Joined: August 16th, 2007, 5:36 am
Location: Event Horizon

Re: Hyperinflation

April 16th, 2023, 8:15 pm

Web capture_16-4-2023_215539_www.landbruksdirektoratet.no.jpeg
I don't need that much cadmium in my diet, but even as a vegan making food at home I see that my food prices esalate.
 
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Paul
Topic Author
Posts: 7047
Joined: July 20th, 2001, 3:28 pm

Re: Hyperinflation

April 18th, 2023, 6:23 am

Porridge oats up 80%. Haven’t the Scots suffered enough with the SNP?
 
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Cuchulainn
Posts: 22924
Joined: July 16th, 2004, 7:38 am

Re: Hyperinflation

April 18th, 2023, 10:18 am

Porridge oats up 80%. Haven’t the Scots suffered enough with the SNP?
No true Scotsman would suffer the SNP. Like Alex "RT" Salmon. eek

Pity they banned RT in the West. Maybe it is for own good good.
 
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Paul
Topic Author
Posts: 7047
Joined: July 20th, 2001, 3:28 pm

Re: Hyperinflation

May 4th, 2023, 3:43 pm

First Whippy of the year…£3.50!!!
 
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katastrofa
Posts: 7929
Joined: August 16th, 2007, 5:36 am
Location: Event Horizon

Re: Hyperinflation

May 4th, 2023, 9:14 pm

I discovered discounted "after-best" food baskets in the local supermarket. 40% discount! And it offers the biggest selection of vegan products!
 
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Cuchulainn
Posts: 22924
Joined: July 16th, 2004, 7:38 am

Re: Hyperinflation

May 4th, 2023, 9:50 pm

First Whippy of the year…£3.50!!!
99? 
with strawberry syrup?

Always reminds me of George Kennedy in  the movie Thunderbolt and Lighfoot.
 
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Paul
Topic Author
Posts: 7047
Joined: July 20th, 2001, 3:28 pm

Re: Hyperinflation

May 5th, 2023, 5:53 am

Yes, 99. I usually don't have the syrup these days.

Talking of George Kennedy, there's that scene in Charade where his character sticks a pin in the corpse at a funeral to check he is dead. There's one person I absolutely intend to do that on. I can't wait.
 
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Cuchulainn
Posts: 22924
Joined: July 16th, 2004, 7:38 am

Re: Hyperinflation

May 5th, 2023, 12:00 pm

Yeah, you never know who's going to turn up.
Every year, after our long journey from Newcastle to Cairnryan, the ritual is to have a 99 to celebrate the journey.
 
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Cuchulainn
Posts: 22924
Joined: July 16th, 2004, 7:38 am

Re: Hyperinflation

May 5th, 2023, 3:34 pm

Rip-off republic: £50 goes further in UK than €100 does in Ireland...
https://www.echolive.ie/corkviews/arid-41052341.html
 
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Paul
Topic Author
Posts: 7047
Joined: July 20th, 2001, 3:28 pm

Re: Hyperinflation

May 8th, 2023, 6:04 am

The early part of this thread reminds me of the Reagan quote: “How do you tell a Communist? Well, it’s someone who reads Marx and Lenin. And how do you tell an anti-Communist? It’s someone who understands Marx and Lenin.”

By that, I mean someone reads one or two books on a subject, gets brainwashed, suspends critical thinking and ignores any real-life experience. I see this quite a lot when teaching. (Getting people with a Masters in Finance to start thinking critically can be a challenge, but rewarding!) It is a problem in finance, economics, it’s the very definition of religion. Historically it was a problem in medicine, then it disappeared but is coming back.
 
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Marsden
Posts: 1340
Joined: August 20th, 2001, 5:42 pm
Location: Maryland

Re: Hyperinflation

May 8th, 2023, 12:34 pm

It is a problem with probably all education that it tends to be presented as canned problems with canned solutions, and if you wend your way to the pre-packaged solution, you get a treat.

I suppose it would be cruel, but there would probably be benefit to tossing students into desperate situations, where there may or may not be a solution.
 
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Paul
Topic Author
Posts: 7047
Joined: July 20th, 2001, 3:28 pm

Re: Hyperinflation

May 8th, 2023, 1:59 pm

Like a desert island. Yes, bring it on!