Sloths have been observed going out of their way to climb down into outhouses/outdoor commodes in order to feed on the human waste they find. blogs.discovermagazine.co…
Today I learned about The Whole Shabang, a brand of chips initially only sold at prison commissary stores. The chips were so popular amongst ex inmates that it became a grey market commodity and finally was sold to the general public. en.wikipedia.org/wiki/The…
In 1938 nazi Germany began an expedition to challenge Norwegian claims in Antarctica, primarily for control of whale oil; a hotly desired commodity for the production of margarine. The story has since developed into a conspiracy theory about secret nazi ice bases supported by alien technology youtube.com/watch?v=Rs0Za…
The gall stones of cows are a valuable commodity in the Asian alternative medicines market beefcentral.com/news/all-…
The Swedish pop group Abba received royalties in the form of oil commodity rights from the Soviet Union in order to sidestep restrictions surrounding the ruble. bbc.com/culture/article/2…
In 1920, an Australian dog trainer died from laughter after reading how certain commodities had changed in price from 1915. A doctor was called in and he said the death was due to heart failure, brought on by excessive laughter. en.wikipedia.org/wiki/Lis…
Joe Kennedy, JFK's father, made a fortune as a stock market and commodity investor before cashing in all his stocks just days before the stock market crash of 1929. Consequentially, he was one of the few people who vastly increased their fortune during the great depression. en.wikipedia.org/wiki/Jos…
Trading onion options is illegal. In the 1950’s two traders in Chicago cornered the market by crashing the price of a 50lb bag of onions to lower than the cost of the bag that carried them, leading to a shortage of onions in the U.S. en.wikipedia.org/wiki/Oni…
The Bill Emerson Humanitarian Trust is a grain reserve of commodities and cash. In 2008 the USDA sold the remaining stocks into an all cash reserve. Since it no longer holds commodities, it can respond to local food crises outside the US, but not to a global one that affects the USA itself. usaid.gov/news-informatio…
In 1946 John Boyd Orr, a Scottish scientist, proposed the creation of a World Food Board to repel world hunger and protect global peace. The proposal was rejected as UK and USA refused to support it. As he resigned from his role in the UN, he warned that β€œfood is more than a commodity." metode.org/issues/seccion…
McDonalds brings the mcrib when pork prices are down on commodities markets businessinsider.com/the-m…
The US Air Force drops every christmas since 1952 10s of thousands of pounds of supply, food, toys and commodities on the islands of Micronesia. It is the longest running mission of the United States Department of Defense and the longest running humanitarian airlift in the world. en.wikipedia.org/wiki/Ope…
The law making it illegal to profit from illicitly-obtained commodity reports is called "The Eddie Murphy Rule." npr.org/sections/money/20…
Today I learned about a commodities dealer called Brad who, due to a programming error, ended up with 28,000 tons of real coal delivered to his office. thedailywtf.com/articles/…
Today I learned of Vincent Kosuga, who is the reason why the US government banned the trading of futures contracts on onions on the stock market. en.wikipedia.org/wiki/Vin…
Shrunken heads served as a valuable trading commodity between the Maori natives of New Zealand and European Traders from the early- to mid-19th century. en.wikipedia.org/wiki/Mok…
Onions are the only commodity banned from futures trading in the United States. The Onion Futures Act was passed in 1958 after two traders cornered the onion market in Chicago controlling 98% of all available onions. en.wikipedia.org/wiki/Oni…
The Tea Act of 1773 was Designed to Prop Up the East India Co, Imposed No New Taxes on the Colonies, & Would Cut the Price of Tea from England by a Third. However, Local Merchants (and Smugglers) were Undercut, also Parliament Manipulating Commodities was not Looked On with Kindness. ushistory.org/declaration…
"the world has more than 50,000 edible plants, yet just three commodity cropsβ€”rice, maize, and wheatβ€”provide 60 percent of the plant-derived calories we eat" news.nationalgeographic.c…
Pit, the popular commodity-trading card game, was developed by "the Sleeping Prophet" Edgar Cayce, who is considered by many to be the founder of the modern New Age movement. en.wikipedia.org/wiki/Pit…
Cocoa House in Ibadan, Nigeria, was once the tallest building in tropical Africa. It was built in 1965 from proceeds from commodities (e.g., Cocoa, Rubber, Timber and so on) of the then Western State of Nigeria en.wikipedia.org/wiki/Coc…
In some areas, laundry detergent has become such a hot commodity item, that criminals steal it from stores to resell. Police call the detergent "liquid gold" on the black market and it's been known to be traded or sold for illegal drugs. en.wikipedia.org/wiki/Tid…
There is a gas station in Minnesota that allows customers to pre-purchase bulk quantities of gasoline on the commodities market for a $1 membership fee, so instead of paying $4.00/gal, some customers are paying less than $1.00. firstfuelbank.com/
United States currency is not backed by gold or any other commodity. Under the Federal Reserve Act, Congress specified that Federal Reserve Banks must hold collateral equal in value to the notes in circulation. That collateral is government-sponsored enterprise securities. federalreserve.gov/faqs/c…
Most agricultural products in the US are considered commodities...except onions. law.cornell.edu/uscode/te…
The first use of coins as money dates back to 600 B.C. where the Lydians minted gold and silver as commodity money coins. en.wikipedia.org/wiki/Mon…
Most modern handheld devices like iPhones contain a mineral called "coltan" that is being produced as a commodity by slaves exploited by rebel armies in the Congo. globalpost.com/dispatch/k…
There's a rule called "Eddie Murphy's rule" that prohibits trading based off insider information in commodities. reuters.com/article/amp/i…
Philosophers have attempted to synthesize the works of Karl Marx and Sigmund Freud into Freudo-Marxism. Freud's theory of sexual fetishism led to new interpretations of Marx's commodity fetishism en.wikipedia.org/wiki/Fre…
After Crude Oil, Coffee is the most sought commodity in the World. businessinsider.com/facts…
Today I learned of the concept of currency bearing demurrage which means money that isn’t spent after a period of time becomes less valuable, thus promoting the spending of money instead of saving. Money become less of a commodity than its purpose as a medium for exchange. First proposed by Silvio Gesell. en.wikipedia.org/wiki/Dem…
In ancient Rome urine was a taxed commodity due to its value as a cleaning product. news.nationalgeographic.c…
The Supreme Court ruled that the US government has the right to regulate crops or gardens for personal consumption because they have an interest in supply and demand in the national market for that commodity. en.wikipedia.org/wiki/Wic…
Wilmar International has been buying up vast quantities of sugar on the commodities market. Since 2015, six million tons of sugar have been bought and delivered to worldwide storage facilities at a cost of $2.3 billion. This volume of sugar would fill 3,000 Olympic-size swimming pools. theindependent.sg/singapo…
Food stamps were born as conservative, pro-business policy meant to provide American-style choice in commodities for recipients and to promote mainstream American economics by allowing recipients to choose their own foodstuffs as opposed to receiving literal handouts of food from backs of trucks millercenter.org/blog/foo…
The Dodd Frank Consumer Protection Act had a clause in it called the Eddie Murphy Rule to prevent insider trading in the commodities market, in reference to the movie Trading Places. uproxx.com/movies/how-tra…
Depleting scarce minerals/commodities is NOT linked to a rise in market price that would otherwise protect them from exhaustion. ac.els-cdn.com/S030142071…
In 1904, Parker Brothers made a card game called Pit: Exciting Fun for Everyone. It includes 65 playing cards on which either a bull, a bear, or one of seven different agriculture products. Players are encouraged to corner the market by collecting all nine cards of one commodity. nyhistory.org/exhibit/pit…
In 1933, 10 million acres (40,000 km^2) of growing cotton was plowed up, bountiful crops were left to rot, and six million piglets were killed and discarded in the US to raise prices for commodities and income for farmers through 'artificial scarcity'. en.wikipedia.org/wiki/His…
In 1651 the Penderel brothers escorted young Prince Charles II from safe house to safe house after his defeat in the Battle of Worcester. Their descendents still receive Β£100 per year as a reward. en.wikipedia.org/wiki/Ric…
The word "Salary" is derived from the Latin name "Sal" which is "Salt", because the Roman soldiers were once paid in Salt since it was considered an important commodity at that time. en.wikipedia.org/wiki/Sal…
In Budapest on the banks of the Danube River there are 60 pairs of 1940s-style shoes sculpted out of iron as a monument called β€œShoes on the Promenade.” There 20,000 Jews were forced to remove their shoes--a commodity at the time--before being shot and thrown in the river during WW2. atlasobscura.com/places/s…
Many American vodkas really are the same. They're produced by a handful of commodity giants and sold to brands for dilution, filtering, and packaging. One distillery fills 3 separate brand partner bottles with the same potato vodka. bbc.co.uk/news/magazine-1…
Today I learned of the Eddie Murphy provision in the Dodd-Frank Act: making insider trading in commodities illegal, which was a major plot point in his 1983 comedy, Trading Places. econlife.com/2013/08/fina…
"Coffee is the second most valuable commodity exported from developing countries, petroleum being the first" ssireview.org/articles/en…
Since the 90s you can trade weather as a commodity investopedia.com/articles…
Today I learned about Vincent Kosuga, an onion farmer and commodity trader that at one point singlehandedly owned the onion markets, earning him the nickname "The Onion King" npr.org/sections/money/20…
The Dodd-Frank Act contains the "Eddie Murphy Rule" which regulates commodities trading to prevent what Eddie Murphy's character did in the movie "Trading Places" complianceweek.com/blogs/…
A 17th century Englishman named Nicholas If-Jesus-Christ-Had-Not-Died-For-Thee-Thou-Hadst-Been-Damned Barebone was an early advocate of paper money over commodity money. en.wikipedia.org/wiki/Nic…

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