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<p>[QUOTE="bahabully, post: 1136679, member: 17555"]JeffB - yeah, farmers markets won't do the trick for major metro's..... but if you really buy that loss of short term credit would result in all the big food distributors setting thier trucks on idle and letting thier food stocks parish and rot, then I think you miss my point. There is such thing as company to company credit lines from suppliers/vendors to shelf..... every company tracks this.... and they could roll along fine putting debits and credits on internal books until the "scarrrry" stuffed line out. At the bottom of the vertical integrations, workers in fields picking food, etc... could also probably meet payroll from large corp's petty cash drawer for a few weeks... My main point is that in crisis, folks can keep the bus rolling without virtual short term cash transactions between banks. The "scarrrry" stuff assumes that everyone would simply sit down in place, cross their legs, and sing no pay no play.... There are an infinite number of solutions to keep that bus rolling..... assuming everything vapor locks and everyone starves to death is a joke.[/QUOTE]</p><p><br /></p>
[QUOTE="bahabully, post: 1136679, member: 17555"]JeffB - yeah, farmers markets won't do the trick for major metro's..... but if you really buy that loss of short term credit would result in all the big food distributors setting thier trucks on idle and letting thier food stocks parish and rot, then I think you miss my point. There is such thing as company to company credit lines from suppliers/vendors to shelf..... every company tracks this.... and they could roll along fine putting debits and credits on internal books until the "scarrrry" stuffed line out. At the bottom of the vertical integrations, workers in fields picking food, etc... could also probably meet payroll from large corp's petty cash drawer for a few weeks... My main point is that in crisis, folks can keep the bus rolling without virtual short term cash transactions between banks. The "scarrrry" stuff assumes that everyone would simply sit down in place, cross their legs, and sing no pay no play.... There are an infinite number of solutions to keep that bus rolling..... assuming everything vapor locks and everyone starves to death is a joke.[/QUOTE]
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