Day: October 25, 2008

Notes from JWR:

The high bid in the current SurvivalBlog Benefit Auction is now at $560. This auction is for a mixed lot that includes: 1.) A huge lot of DVDs, CD-ROMs and hard copy nuclear survival/self-sufficiency references (a $300+ value) donated by Richard Fleetwood of www.SurvivalCD.com 2.) A custom-made, fully-stocked EMS Medic Bag from Cajun Safety and Survival (a $212 retail value) 3.) A NukAlert radiation detector donated by at KI4U.com (a $160 retail value) 4.) A case (6 cans) of Mountain House freeze dried foods in #10 (96 ounce) cans donated by Ready Made Resources (a $160 value) 5.) An autographed …


The Financial Crisis Will Soon Abate, But The Real Crisis Will Soon Begin, by Steve Saville

In an essay first published in 1969 and recently re-published, Murray Rothbard summarizes the causes and cures of economic depressions by drawing on the Business Cycle theory developed by the great Austrian economist Ludwig von Mises. Here’s an excerpt from this essay: “Mises, then, pinpoints the blame for the cycle on inflationary bank credit expansion propelled by the intervention of government and its central bank. What does Mises say should be done, say by government, once the depression arrives? What is the governmental role in the cure of depression? In the first place, government must cease inflating as soon as …


Letter Re: Salt and Other Key Items to Store for Barter

Mr. Rawles: I recently stocked the salt supply to the point that I have barter material, purchasing salt for under a penny an ounce. That is a pretty good investment, if you ask me. I purchased four 25 lb. bags @ $3.99 each. Salt is going for between two and three cents an ounce in the supermarkets, but a local restaurant supplier had the bags on the bottom shelf. I will get more the next time I am there. And while I was on the salt kick, I got my first salt block for my supply, and also picked up …


Odds ‘n Sods:

Searching for an article on how to more quickly and effectively sharpen a chainsaw (mine always seems to be a rock magnet), I found a great article in Backwoods Home magazine: Ambidextrous chainsaw filing. (BTW, be sure to look through their big on-line archive of other free articles.) I also strongly recommend subscribing to Backwoods Home. It is one of our family’s perennial favorites!    o o o The latest harvest from our Economic Editor: Stocks Fall On Belief Global Recession Is At Hand — 25% to 30% of Hedge Funds To Disappear — Crude Oil and Gas Prices Tumble …