There are two events this week that deserve attention.
The first is to strictly investigate the case of cutting wheat for silage in many places. In the past, farms used alfalfa as fodder, and corn stalks as silage. This year, wheat was cut for silage in some places. Rice, corn and wheat are the three major staple foods in China, and it is rare to use wheat to be harvested as silage. Putting aside the conspiracy theory that there are hostile forces inducing farmers to cut the green, think about it, the general reasons are as follows: Russia’s invasion of Ukraine has caused a sharp drop in the grain of the two major grain exporting countries, and it is a general consensus that food prices have risen. Second, last year’s domestic wheat was sown late, which definitely affected the yield per mu. These two points were mentioned in the article when the children in Shanghai were isolated by themselves, and the children in Ukraine had already carried their bags and went into exile in a foreign country . The third is the frequent occurrence of summer floods in recent years, especially last year, the floods in the north caused almost no corn production. As a result, some foresighted farms began to advance the green reserves that started in the second half of the year to the present, and harvest wheat at high prices. From the perspective of a wheat grower, I paid the rent, contracted the land, planted wheat, and someone bought it at a high price in advance. Of course, there is nothing wrong with it. This is completely market behavior. On the Internet, the limbs hiding behind the keyboard are not diligent, the grains are not divided, and it is always the trolls of foreign private interests who are plotting against me in China, and the scumbags and lackeys. I can only use the picture below to respond.
It is conceivable that when a real food famine comes, the first batch of people to starve are the urbanites, and then these people will form a blind flow to the countryside to “beat local tyrants”. The plot may be about the same as the two scenes in “Bull Fighting” where the man kills the second cow, or the two scenes in “1942” where the refugees open the owner’s warehouse and grab food. To avoid such a thing from happening, we must first take precautions. I believe that the media report that “a major eastern country is hoarding food internationally” is not groundless. Secondly, it is necessary to use real money to implement the strategy of storing grain in technology and in the land. It is not just shouting slogans, fooling farmers into farming, and preventing farmers from making money. The third is to ensure that it was mentioned in the boss who went to work that agricultural conditions give way to the epidemic, and the old farmers secretly farm at night will not happen.
The second is the collapse of the LUNA/UST currency pair. As an algorithmic stable coin, UST does have innovations, but this idea is of a social experimental nature at the current stage. When LFG recognized the Achilles’ heel of the LUNA project, it hoped to use BTC as a deposit reserve to stabilize UST’s current situation. By then, the collapse had already begun. Many people questioned at the beginning that, as a stable currency, the project side maintains the annual rate of 20% through subsidies, which is unsustainable. No one would have thought that a stablecoin could plummet 100% in three days. What’s even more incredible is that there are still people who don’t understand the mechanism of LUNA and UST at all. Li Lingzhi fainted to the extreme.
Then the question arises, which is more important, whether there is no food to eat or the currency is reset to zero.
Ma Yilong’s answer: If you’re a billionaire and you’re stranded on a tropical island, your money doesn’t actually have value. Because there is no resource allocation on the island, money is the database of resource allocation. There are no resources on the island to allocate except yourself, so money is useless.
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