Re:Japanese yen weakens to 160 against the USD since 1990
by JumpCrisscross on Monday April 29, 2024 @01:34AM
(#40194808)
> think food and shelter are primal
America is the world's largest agricultural exporter [1].
[1] https://www.investopedia.com/financial-edge/0712/top-agricul...
Re:Japanese yen weakens to 160 against the USD since 1990
by onecommentman on Monday April 29, 2024 @02:20AM
(#40195060)
The US produces 15 Billion bushels of corn/maize a year. Bushel = 56 pounds. About 8 bushels provide the calorie requirement for an adult for a year. The US has about 350 Million people.
The US produces roughly 4 Billion bushels of soybeans a year. Bushel = 60 pound. About 6 bushels of soy (yielding 60ish pounds total protein) meet the protein requirements for an adult for a year. Provides additional total calories to boot.
Just corn and beans. The US will do just fine…as will the rest of the Americas, since Brazil is outproducing the US in soybeans and producing 5 Billion bushels of corn a year.
Re:Japanese yen weakens to 160 against the USD since 1990
by ArtTimeInvestor on Monday April 29, 2024 @01:18AM
(#40194730)
Primal does not mean valuable.
You personally can value the bakery next door higher than Microsoft, because "Hey, I can eat bread but I can't eat software". But the market will not agree with you.
Re:Japanese yen weakens to 160 against the USD since 1990
by throwaway290 on Monday April 29, 2024 @01:24AM
(#40194759)
Only the market in a relatively stable world.
Re:Japanese yen weakens to 160 against the USD since 1990
by ArtTimeInvestor on Monday April 29, 2024 @01:26AM
(#40194768)
In this world. The world we live in.
Re:Japanese yen weakens to 160 against the USD since 1990
by throwaway290 on Monday April 29, 2024 @06:10AM
(#40196493)
While there is a power interested in this stability stronger than powers that would like to undermine it, sure
I think food and shelter are primal. Anything bad happens and software along with datacenters matter no more.