John B. pointed us to an interesting article in Slate on the effects of inflation in Argentina: Coins more valuable than bills [1]. This ties in with my advice starting in 2007 on buying up rolls of US nickels [2] . This is just one of several tangibles strategies to get prepared for the incipient mass inflation in the United States.
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New ID Scanners at Borders Raise Privacy Alarm [3]. These RFID [4] scanners can be overcome by an expensive commercially-made wallet, or by something a simple as a few wraps of aluminum foil. Speaking of privacy, nearly a dozen readers sent us this link: SWAT Team conducts food raid in rural Ohio [5].
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Reader Laura H. sent us this from The Moscow Times: Former Tycoon Avoids the Financial Crisis by Raising Sheep [6].
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Economic News: Eric S. sent this: Bank of England mulls “nuclear option” of cash injection [7]. Matt Drudge had a link to this: Mortgage Delinquencies, Foreclosures Rise to Record Levels [8]. JWR spotted this: Obama unveils 21st Century New Deal [9] (More MOAB, by any other name.) And Cheryl sent us these items:– Times Must Be Hard: Americans are Buying Spam Again [10] — Oil Staggers Below $42 [11] — Paulson Shoots the Economy in the Heart…Again [12] — Stocks Rally Despite Grim Jobs Report [13] — High Inventory is Killing Home Builders [14] — Job Picture Could Get Even Worse [15] — Stocks Pick Up Steam as Insurer Hikes Forecast [16] — Hidden Pension Threat Could Make Painful Recession Worse [17] — Unretired: Retirees Are Back, Looking For Work [18] — 23rd Bank Failure of the Year in US: First Georgia Community Bank [19]
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Hawaiian K. mentioned that our old friend Bill Buppert helped promote The Appleseed Project in his latest LewRocwell.com column [20].