
Peter wrote:Of course, I wouldn't expect a government or bank to keep a physical warehouse of food/water/fuel any more than I would expect them to keep one of gold. They would simply have to have the capability to buy back all the money they print- so they would have lines to provide these goods if needed; farms, pumps, crude oil reserves, in much the same way the gold reserves might be used.
Aged cheeses include the ones grated over pasta like parmesan (parmigiano reggiano) and romano (pecorino romano). Parmigiano Reggiano can be traced back to the Middle Ages. It was valued so highly that it was used as currency. These hard cheeses are made in gigantic wheels. Cutting (technically fracturing) them when they’re done takes years of experience, and a stethoscope-like instrument is used to make sure the cheese wheels are ready. While parmesan is made from cow’s milk, pecorino romano is made from the milk of sheep (pecora means sheep in Italian).
The cheese is so esteemed and valuable that it is also used as collateral in Italy. The bank Credito Emiliana holds more than 300,000 wheels of Parmigiano Reggiano in its vaults as collateral on loans and also as a security against the European cheese market.
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