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Odds 'n Sods:
Jack B. recommended a
very interesting series of video clips from a seminar presented by economist
Don McAlvany.
o o o
Today is the last day for BulletProofME.com's special
sale on Interceptor Body Armor
and Kevlar helmets, just for SurvivalBlog readers.
o o o
Facing a soaring trade deficit and 25% annual currency inflation, the
government of Vietnam has just banned gold imports. I guess that Vietnam's
bureaucrats failed Econ 101.The citizenry rushing toward the stability of gold
isn't the cause of
economic trouble. Rather, it is a
symptom of a horribly mismanaged currency. In the absence of national
treasury restraint, it doesn't take much for a troubled currency to tip over
into something approaching Zimbabwean
scale hyperinflation. Our friends at The Daily Reckoning note
that at last report, a pound of margarine cost 25 billion Zimbabwean
dollars.
But don't blink. One rough estimate (based on the Rule
of 72) shows that
some consumer prices in the former Rhodesia are now doubling every
21 minutes.
o o o
My recent mention of the possibility of looters using lightly-armored bulldozers
prompted three readers to mention the
2004 "Killdozer" incident in Granby, Colorado.
A YouTube video
clip shows part of what happened. With that much armor, even AP ammo
would not be effective. Upon seeing the video clip, our #1 Son commented: "That
shows that
the Second Amendment has applicability
to
civilians
owning
RPGs."
