To hoggers everywhere: I want my share of toilet paper, folks!

[Gary K]

After reading more of this thread it's pretty clear that most people have very little concept of how large of a economic catalyst the coronavirus is.

Our nation was teetering on edge of financial collapse due to the debt. The Fed has been printing vast amounts of money for years, and our money is based on debt. Therefore our debt has been increasing exponentially for years. In 2008 what happened was there was so much debt that the banks couldn't trust each other so they stopped loaning each other money and also quit lending money for business purposes too. Today the situation is much worse. Liquidity, having the cash to pay operating expenses and buying and selling securities, stocks, bonds, etc.... is basically non-existent in the banking system. The Fed has been making available billions of dollars a day to banks to allow them to pay their overnight debts in something called repurchase agreements. It's not unusual for the banks to borrow $100 billion a day to pay their daily expenses in this regard and this has been going on since September.

Our economy is on the verge of complete collapse to begin with and with all the stress the coronavirus is putting on the economy it's almost a certainty that it will create a credit collapse more serious than in 1929. I'll just look at what a credit collapse means to one part of our economy. Most transportation companies pay all their daily expenses such as fuel on a credit card and then pay the bill at the end of the month. When a credit collapse happens these types of transactions come to an end as the banks will not trust businesses to pay those bills for they will think the business is lying about being sound financially. The bank's own balance sheets are so bad they can't afford to trust the businesses to repay so they put an end to credit. In other words, store shelves will be empty.

This coming depression will make 1929 look like child's play compared to what is coming upon us. Back then our money had real value. Gold and silver have inherent value. Fiat currencies, like the US dollar has no inherent value. It's nothing but debt. So just imagine what happens when all confidence it evaporates.

 

[Gary K]

Glossy doesn't work for me (for TP). Newsprint might.

Back in those days Sears catalogs didn't have glossy pages. The catalogs were black and white, and very similar to newsprint.

 

[Need answers]

After reading more of this thread it's pretty clear that most people have very little concept of how large of a economic catalyst the coronavirus is.

Our nation was teetering on edge of financial collapse due to the debt. The Fed has been printing vast amounts of money for years, and our money is based on debt. Therefore our debt has been increasing exponentially for years. In 2008 what happened was there was so much debt that the banks couldn't trust each other so they stopped loaning each other money and also quit lending money for business purposes too. Today the situation is much worse. Liquidity, having the cash to pay operating expenses and buying and selling securities, stocks, bonds, etc.... is basically non-existent in the banking system. The Fed has been making available billions of dollars a day to banks to allow them to pay their overnight debts in something called repurchase agreements. It's not unusual for the banks to borrow $100 billion a day to pay their daily expenses in this regard and this has been going on since September.

Our economy is on the verge of complete collapse to begin with and with all the stress the coronavirus is putting on the economy it's almost a certainty that it will create a credit collapse more serious than in 1929. I'll just look at what a credit collapse means to one part of our economy. Most transportation companies pay all their daily expenses such as fuel on a credit card and then pay the bill at the end of the month. When a credit collapse happens these types of transactions come to an end as the banks will not trust businesses to pay those bills for they will think the business is lying about being sound financially. The bank's own balance sheets are so bad they can't afford to trust the businesses to repay so they put an end to credit. In other words, store shelves will be empty.

This coming depression will make 1929 look like child's play compared to what is coming upon us. Back then our money had real value. Gold and silver have inherent value. Fiat currencies, like the US dollar has no inherent value. It's nothing but debt. So just imagine what happens when all confidence it evaporates.

Good thing i can grow vegetables and hunt and fish too.

 

[Gary K]

I think it is. At least around here. Soup was gone, rice, etc.

I've been stocking up for 18 months due to the condition of our economy. We have bulk lentils, split peas, several type of beans, canned vegetables. flour for baking bread, water, dried onions and garlic, sea salt, etc....

 

[Gary K]

Good thing i can grow vegetables and hunt and fish too.

Better make sure you have your seeds in stock and let part of your garden go to seed so you will have seeds for next year.

 

[RestoreTheJoy]

I've been stocking up for 18 months due to the condition of our economy. We have bulk lentils, split peas, several type of beans, canned vegetables. flour for baking bread, water, dried onions and garlic, sea salt, etc....

Our economy has been really good in the past 18 months. But we see how fragile it all is, when people can be manipulated into panic so easily.

 

[jasonMalloy1999]

Maybe. But why isnt food flying off the shelves like TP?

they are so scared they are pooping themselves

 

[mmksparbud]

Too young to remember outhouses and the Sears catalogs that were 3 inches thick? I remember them well.

Me, too---also---phone books!

 

[jasonMalloy1999]

Good thing i can grow vegetables and hunt and fish too.

id rather spray deodorant at customers at mc donalds and say get back get back i tell you im here for a big ac not a virus

 

[2PhiloVoid]

After reading more of this thread it's pretty clear that most people have very little concept of how large of a economic catalyst the coronavirus is.

Our nation was teetering on edge of financial collapse due to the debt. The Fed has been printing vast amounts of money for years, and our money is based on debt. Therefore our debt has been increasing exponentially for years. In 2008 what happened was there was so much debt that the banks couldn't trust each other so they stopped loaning each other money and also quit lending money for business purposes too. Today the situation is much worse. Liquidity, having the cash to pay operating expenses and buying and selling securities, stocks, bonds, etc.... is basically non-existent in the banking system. The Fed has been making available billions of dollars a day to banks to allow them to pay their overnight debts in something called repurchase agreements. It's not unusual for the banks to borrow $100 billion a day to pay their daily expenses in this regard and this has been going on since September.

Our economy is on the verge of complete collapse to begin with and with all the stress the coronavirus is putting on the economy it's almost a certainty that it will create a credit collapse more serious than in 1929. I'll just look at what a credit collapse means to one part of our economy. Most transportation companies pay all their daily expenses such as fuel on a credit card and then pay the bill at the end of the month. When a credit collapse happens these types of transactions come to an end as the banks will not trust businesses to pay those bills for they will think the business is lying about being sound financially. The bank's own balance sheets are so bad they can't afford to trust the businesses to repay so they put an end to credit. In other words, store shelves will be empty.

This coming depression will make 1929 look like child's play compared to what is coming upon us. Back then our money had real value. Gold and silver have inherent value. Fiat currencies, like the US dollar has no inherent value. It's nothing but debt. So just imagine what happens when all confidence it evaporates.

If it's near collapse, that's because people have enabled each other and our government to get to such a point. The real question is: does the presence of the coronavirus have to be a pressure upon our economy or is this potentiality an outcome of an ill-disciplined and ill-spiritualized collection of people in the generations living since the advent of the Baby-Boomers?

 

[Need answers]

id rather spray deodorant at customers at mc donalds and say get back get back i tell you im here for a big ac not a virus

Good point.

 

[jasonMalloy1999]

Good point.

haha this fat boy is not wanting veg i need meat

 

[nonaeroterraqueous]

The Romans used a sponge on a pole. Every home apparently had one (presumably one each.) Sounds a good alternative to me. Would save a lot of trees.

Yeah, every home had one. That's like...reusable toilet paper, you know, like those roller towels that they used to have in public restrooms. It was just one long towel that made a complete loop and hopefully dried a little before it came back around again.

The Fed has been printing vast amounts of money for years, and our money is based on debt.

You never know. They may be solving the toilet paper crisis at the same time.

During the massive inflation of the Wiemar Republic, people would joke that toilet paper was worth more than money. It didn't chafe as much.

But why isnt food flying off the shelves like TP?

The stores in my area have been emptied of food, also. I guess once they had the poo-poo paper in good supply they could afford to...rearm, so to speak.

 

[exitstageright]

So, why the toilet paper frenzy, among anything? Are there really that many panicky, survivalist minded people in the U.S.? Seriously? C'mon!

Today, I bought a 12 pack of toilet paper, which will last me about 11 months. Sometimes ,it is good to be single

 

[Francis Drake]

May I borrow that?

Of course, don't know who, but someone sent it to me and I modified it for this post.

 

[Francis Drake]

The Romans used a sponge on a pole. Every home apparently had one (presumably one each.) Sounds a good alternative to me. Would save a lot of trees.

They probably used the same thing for washing the pots.

 

[RDKirk]

Just go to a CVS drugstore and buy one role of toilet paper. The receipt will be long enough to make up a second roll.

 

[JackRT]

They found these in the public toilets also---everyone used them, yuck.

After use they were rinsed in water and then left in a jug soaking in vinegar.

 

[mmksparbud]

After use they were rinsed in water and then left in a jug soaking in vinegar.

yes, still yuck!

 

[2PhiloVoid]

After use they were rinsed in water and then left in a jug soaking in vinegar.

T.M.I., Jack! T.M.I. ... that's just nasty!