Earlier quoted context omitted.
Most of the cost of currency is up-front in it's production and initial distribution. The cost of handling it is also mostly up front (purchasing a wallet to hold it, buying a cash register with a drawer for the bills and coins). The transactional costs are things like taking it to the bank for depositing. But if you have cash to deposit - your business is probably doing things right and this is negligible.
> The transactional costs are things like taking it to the bank for depositing. But if you have cash to deposit - your business is probably doing things right and this is negligible. It's not neglible to the point that some sellers where it's legal don't take cash because credit cars fees there cost less than cash handling.
Danish supermarket chain is setting up "Emergency Stores"
371–380 of 385 posts
Re: Danish supermarket chain is setting up "Emergency Stores"
#372Earlier quoted context omitted.
Tell me, what weight in gold do I exchange for a loaf of bread? Do you have a way to measure and subdivide it to hand? Do you trust the scales being lent to execute this?
Check "valcambi combibar". Its a gold plate pre-divided into 1g pieces you can break away (like a chocolate bar). 1g is ~100 of money today, which would be enough for a weekly supply of groceries for a person in HCOL areas.
Re: Danish supermarket chain is setting up "Emergency Stores"
#373Earlier quoted context omitted.
I can only speak for myself here but I don't bother rummaging around for longer expiries because generally I'm buying food that I'm going to eat within the next 2-3 days. It just doesn't make any difference to me.
Even if you're eating it tonight surely you want the freshest item? Most foods deteriorate after harvest.
Re: Danish supermarket chain is setting up "Emergency Stores"
#374Earlier quoted context omitted.
All out war shocked the shit out of the 20 somethings in Ukraine too, many fled, and yet Russia has not made significant advances in the following three years. There's no plausible world in which Russia has the strength to take on the rest of Europe, in, say, the next ten years. (Let's assume nukes are out of the question)
Rest - maybe not. But russia currently holds territory about the size of the 3 baltic states. And Ukraine before 2022 had about 10 times larger army than those 3 countries combined.
No european country has actually put a lot of effort into supporting Ukraine, but if an actual EU+NATO member was attacked things would be different. Even without the US.
It's not accidental that Russia invaded Ukraine and Georgia but not the baltic states.
Re: Danish supermarket chain is setting up "Emergency Stores"
#375Re: Danish supermarket chain is setting up "Emergency Stores"
#376Earlier quoted context omitted.
> stock shelf-stable products in these stores and at some point in their shelf life, transfer them out to other stores for actual consumption Back in my days in retail, we were ordered to put resupply as FILO into the shelfs. It makes sense to sell the oldest products first. So why the transfer shuffle?
Isn't selling older products first first-in-first-out (FIFO) instead of first-in-last-out (FILO)?
Re: Danish supermarket chain is setting up "Emergency Stores"
#377Earlier quoted context omitted.
Isn’t this just price gouging which is illegal in much of the US at least, I don’t know about internationally.
I think there’s a subtle difference between charging everyone $100 per umbrella in a rain storm vs charging $100 for your last few umbrellas. Former is price gouging; latter is just economics.
Re: Danish supermarket chain is setting up "Emergency Stores"
#378Earlier quoted context omitted.
> That is assuming people wont flock out to buy everything in the emergency store. Well, you could make everything really expensive in these emergency stores during an emergency.
Isn’t this just price gouging which is illegal in much of the US at least, I don’t know about internationally.
(Yes, the US has silly laws there, too.)
Re: Danish supermarket chain is setting up "Emergency Stores"
#379Earlier quoted context omitted.
I think there’s a subtle difference between charging everyone $100 per umbrella in a rain storm vs charging $100 for your last few umbrellas. Former is price gouging; latter is just economics.
Alas, I don't think the law sees it that way.
Re: Danish supermarket chain is setting up "Emergency Stores"
#380Earlier quoted context omitted.
This is called cowardice and nihilism. If we all run to "safety" when evil comes, evil will happily take over everything.
i'll gladly live as a nihilist coward in safety. will leave the optimistic and heroic option of getting blown up by a drone on a muddy field, slowly choking on your own blood and leaving behind your closest ones to people who aren't such cowards like myself. thanks for your service.