THE NATURE OF WEALTH

Most people have only the haziest concept of the real nature of 
wealth, and a hazy concept usually means a complete misunder-
standing.  Without a clear understanding of the nature of wealth, 
the odds for acquiring and keeping it are slim.

Tangible wealth consist of all the real products produced by man 
from the raw materials of nature, and by the use of which man 
derives survival, comfort, and pleasure.  Intangible wealth 
consists of knowledge and ideas, the things we must have in order 
to produce tangible wealth.

Note that the above definition of tangible wealth excludes the 
item most people think of when they refer to wealth - money.  
Money, as it exists in the modern world at least, is not wealth.  
It is merely a claim on wealth.  That is, you can't eat money, 
wear money, ride in money, nor do anything else with money except 
exchange it for real wealth.

If we determine that the federal budget is being brought under
control and deficit spending will end, we can be confident price
inflation will end.  If, however, we look ahead and find more or
greater deficits in the future, then we must conclude inflation
will continue.

Tribal chiefs and kings discovered early in history that there
were great advantages to controlling the issuance of money.
The profited by debasement or clipping; by secretly filing a
bit of the metal off each coin and then pass the coins off again
at full value, while taking the filings and minting a few new coins.

Coin debasement by the state was just one of many forms of fraud
the money dealers developed.  The bankers found an even more
interesting device, still in use today, called "fractional reserve
banking."  The moment you deposit $100 in your checking account,
the banker loans a major portion of it (about $85 under current
reserve requirements) to someone else.  The money supply has expanded.
There was originally only $100 and now there is $185.  It goes even
further.  When that $85 gets deposited in the other person's checking
account, the banker then has the ability to loan $70 of that $85, and
so on down the line.

This expansion of money supply has the same effect that any increase in
money has.  It causes rising prices.  The following items are listed as
possible additions to your personal stockpile.  You will, no doubt,
find that many of them are not items you normally consume, and likewise,
many items you use regularly will be missing from this list.


			
                              FOOD

Beans (dried)                      Pepper		Indefinite  
     Lima           10 years       Rice                10 years
     Pinto          10 years       Salt                Indefinite
     Red            10 years       Soda                Indefinite
Cocoa               15 months      Soy Sauce           Indefinite
Corn Starch         5-10 years     Sugar
Gelatin             3 years             White          Indefinite
Honey               Indefinite          Brown          Indefinite
Jams                Indefinite          Powdered       Indefinite
Jellies             Indefinite     Syrup               Indefinite
Liquor                             Tea                 Indefinite
     Scotch         Indefinite     Vinegar             5 years
     Bourbon        Indefinite     Wheat               Indefinite
     Vodka          Indefinite     Wine                Varies
     Gin            Indefinite     Vitamin A           2 years
Macaroni            5 years        Vitamin B           3-5 years
Molasses            Indefinite     Vitamin C           5 years
Noodles             5 years        Multiple vitamins   3 years



                   HEALTH AND BEAUTY PRODUCTS

Adhesive tape       Indefinite     Chap stick           1 year
After shave         Indefinite     Chest rubs           Indefinite
Alcohol             Indefinite     Curlers              Indefinite
Antacid             Indefinite     Combs                Indefinite
Antiseptics         Indefinite     Cotton               Indefinite
Band Aids           5 years        Cotton balls         Indefinite
Baby Powder         Indefinite     Cough syrup          Indefinite
Bath oil            Indefinite     Dental floss         Indefinite
Bubble bath         2 years        Denture cleanser     Indefinite
Bobby pins          Indefinite     Denture adhesive     Indefinite
Breath fresheners   3 years        Deodorants           Indefinite
Emery boards        Indefinite     Peroxide             Indefinite
Epson salts         Indefinite     Razor blades         Indefinite
Face creams         2 years        Razors               Indefinite
Hair nets           Indefinite     Sanitary napkins     2 years
Hair spray          1 year         Soap
Hair conditioner    Indefinite          Hand            Indefinite
Hair shampoo        Indefinite          Shaving         Indefinite
Hairwave sets       Indefinite     Tampons              2 years
Headache remedies   Indefinite     Tanning lotion       2 years
Hand lotion         2 years        Throat lozenges      Indefinite
Laxatives           1 year         Toothbrushes         Indefinite
Mouthwash           3 years        Toothpaste           Indefinite
Nail files          Indefinite     Vaseline             Indefinite
Nail polish remover Indefinite


                        CLEANING SUPPLIES

Ammonia             Indefinite     Garbage cans         Indefinite
Bleach              Indefinite     Glass cleaners       Indefinite
Brooms              Indefinite     Insecticides         Indefinite
Brushes             Indefinite     Laundry additives    2 years
Cleansers           Indefinite     Laundry detergent    2 years
Cleaning fluids     Indefinite     Rug cleaners         Indefinite
Copper cleaners     Indefinite     Scouring pads        Indefinite
Dish soap           2 years        Scrub brushes        Indefinite
Dishwasher soap     2 years        Silver polish        Indefinite
Disinfectants       Indefinite     Sponges              Indefinite
Drain openers       Indefinite     Starch               Indefinite
Fabric softeners    Indefinite     Toilet bowl cleaners Indefinite
Floor wax           Indefinite     Trash bags           Indefinite
Furniture polish    Indefinite     Trash compactor bags Indefinite




                    PAPER & PLASTIC PRODUCTS

Aluminum foil       Indefinite     Paper plates        5-10 years
Disposable diapers  2 years        Paper towels        5 years
Drop cloths         Indefinite     Plastic wrap        Indefinite
Envelopes           5 years        Sandwich bags       Indefinite
Facial tissues      5 years        Toilet paper        5 years
Gift wrap           5 years        Trash bags          Indefinite
Notebook paper      5 years        Vacuum bags         5 years
Paper cups          5-10 years     Wax paper           Indefinite


                     HOME & YARD MAINTENANCE

Brushes             Indefinite     Paint               Indefinite
Caulking            18-24 months   Plant vitamins      Indefinite
Drill bits          Indefinite     Plastic sheeting    Indefinite
Electrical tape     Indefinite     Pliers              Indefinite
Extension cords     Indefinite     Rakes               Indefinite
Faucet repair kits  Indefinite     Sandpaper           Indefinite
Fertilizer          Indefinite     Saw blades          Indefinite
Flower pots         Indefinite     Screening           Indefinite
Furnace filters     Indefinite     Screws              Indefinite
Glue                2 years        Screwdrivers        Indefinite
Hacksaw blades      Indefinite     Seeds
Hammers             Indefinite          Flower         1-7 years
Hand towels         Indefinite          Grass          2-3 years
Hedge clippers      Indefinite          Vegetables     3-5 years
Hoes                Indefinite     Shovels             Indefinite
Hoses               Indefinite     Sponges             Indefinite
Insecticides        Indefinite     Sprinkler parts     Indefinite
Lawnmower parts     Indefinite     Toggle bolts        Indefinite
Light bulbs         Indefinite     Wall anchors        Indefinite
Nails               Indefinite     Water softener salt Indefinite
Paint brushes       Indefinite     Wire                Indefinite
Paint rollers       Indefinite     Work gloves         Indefinite



                        AUTO MAINTENANCE

Air filters         Indefinite     Motor oil           Indefinite
Anti-freeze         Indefinite     Oil additives       Indefinite
Batteries           Indefinite     Polish              Indefinite
Brake fluid         Indefinite     Radiator hoses      Indefinite
Carburetor          Indefinite     Spark plugs         Indefinite
Fan belts           Indefinite     Tires               Indefinite
Gasoline            1 year         Transmission fluid  Indefinite
Ignition sets       Indefinite     Wax                 Indefinite


                        CLOTHING - MEN'S

Bathrobes           Indefinite     Shorts              Indefinite
Belts               Indefinite     Slippers            Indefinite
Dress shirts        Indefinite     Snow hats           Indefinite
Gloves              Indefinite     Socks               Indefinite
Handkerchiefs       Indefinite     Sweat shirts        Indefinite
Jeans               Indefinite     Sweat pants         Indefinite
Long underwear      Indefinite     Sweaters            Indefinite
Mittens             Indefinite     T-Shirts            Indefinite
Overcoats           Indefinite     Undershirts         Indefinite
Pajamas             Indefinite     Work shirts         Indefinite
Rain gear           Indefinite     Work pants          Indefinite


                        CLOTHING-WOMEN'S

Bathrobes           Indefinite     Slippers            Indefinite
Bras                Indefinite     Socks               Indefinite
Gloves              Indefinite     Stockings           Indefinite
Jeans               Indefinite     Sweaters            Indefinite
Long underwear      Indefinite     Sweat pants         Indefinite
Nightgowns          Indefinite     Sweat shirts        Indefinite
Panties             Indefinite     Work shirts         Indefinite
Pantyhose           Indefinite     Work pants          Indefinite
Rain gear           Indefinite


                          MISCELLANEOUS

Softgoods                          Golf shoes          Indefinite
Bedspreads          Indefinite     Jogging suits       Indefinite
Blankets            Indefinite
Curtains            Indefinite     Miscellaneous
Dish cloths         Indefinite     Batteries           1 year
Dish towels         Indefinite     Pens                1 year
Mattress covers     Indefinite     Flashlights         Indefinite
Napkins             Indefinite     Needles             Indefinite
Pillows             Indefinite     Notebooks           Indefinite
Pillow cases        Indefinite     Pencils             Indefinite
Sheets              Indefinite     Pins                Indefinite
Tablecloths         Indefinite     Rope                Indefinite
Towels              Indefinite     Scissors            Indefinite
Washcloths          Indefinite     Scotch tape         1 year
                                   Staples             Indefinite
Recreation                         Thread              Indefinite
Tennis shoes        Indefinite