AOH :: WEALTH.TXT
The Nature of Wealth
|
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
The entire AOH site is optimized to look best in Firefox® 3 on a widescreen monitor (1440x900 or better).
Site design & layout copyright © 1986- AOH
We do not send spam. If you have received spam bearing an artofhacking.com email address, please forward it with full headers to abuse@artofhacking.com.