Toilet paper - the next Bitcoin?

Discussion in 'Living Room' started by Simon Hampel, 4th Mar, 2020.

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  1. geoffw

    geoffw Moderator Staff Member

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    Scomo isn't worried by the shortage. He'll be able to use colour coded spreadsheets.
     
    geoffw, 5th Mar, 2020
    #81
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  2. Propagate

    Propagate Well-Known Member

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    Propagate, 5th Mar, 2020
    #82
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  3. Simon Hampel

    Simon Hampel Founder Staff Member

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    I think we should get ASIO onto this - could be sabotage from a foreign entity!

    Seriously though - given the shortage of toilet paper in places like Hong Kong (Hong Kong gang steals hundreds of toilet rolls) - I wonder how much of ours is being purchased by people to send to family overseas like they do with baby formula?
     
    Simon Hampel, 5th Mar, 2020
    #83
  4. wategos

    wategos Well-Known Member

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    People panic buying all this stuff unnecessarily makes me think Australia would be really susceptible to a bank run. A rumour on a perfectly good bank could cause all the nervous nellies to run to get their money out like they are doing buying stuff in supermarkets for which supply is not at risk at all.
    End result - the bank would to have to freeze deposits and a snowball effect brings the bank to its knees, in the same way people are now creating artificial "shortages" in products.
     
    wategos, 5th Mar, 2020
    #84
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  5. geoffw

    geoffw Moderator Staff Member

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    A run on the bank isn't quite the same as a run on dunny paper. You need the paper when you have the runs,
     
    geoffw, 5th Mar, 2020
    #85
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  6. Anthony416

    Anthony416 Well-Known Member

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    At least Woolworths has put some sort of limit on the purchases. That should funnel the hoarders to Coles and Aldi and will let sane people shop at Woolworths in relative peace without the selfish nutters. This morning's news had a guy with his van absolutely full of toilet paper, probably a scalper with that much.
     
    Anthony416, 5th Mar, 2020
    #86
  7. Propin

    Propin Well-Known Member

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    The guy I was talking yesterday who worked at Aldi said they had limits and when they wouldn’t allow extra’s the customers said they would load up there car and come back in
     
    Propin, 5th Mar, 2020
    #87
  8. Big A

    Big A Well-Known Member

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    You know what, let them have the damn toilet paper. At least there is some economic benefit to all the extra spending caused by the panic. Manufacturing will ramp up and there will be plenty of toilet paper to go round. It might lessen the affect of the slow down from this virus.
    Who would have thought. Toilet paper might just save our economy from a recession. Increased GDP growth from toilet paper production.
     
    Big A, 5th Mar, 2020
    #88
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  9. geoffw

    geoffw Moderator Staff Member

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    ... and when the panic has finished, and people have a 12 month supply of toilet paper, there will be a huge amount of supply. The supply pipelines will be clogged up with toilet paper.
     
    geoffw, 5th Mar, 2020
    #89
  10. Lizzie

    Lizzie Well-Known Member

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    Screenshot (227).png
     
    Lizzie, 5th Mar, 2020
    #90
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  11. Lacrim

    Lacrim Well-Known Member

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    Pity those who really need it like right now. What will they use?

    I have 2 weeks supply left. Might have to start separating my 2 plys into 1's.
     
    Lacrim, 5th Mar, 2020
    #91
  12. geoffw

    geoffw Moderator Staff Member

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    Cut your fingernails first.
     
    geoffw, 5th Mar, 2020
    #92
  13. geoffw

    geoffw Moderator Staff Member

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    Screenshot_2020-03-05-11-02-32-56.png

    Screenshot_2020-03-05-11-01-48-80.png
     
    geoffw, 5th Mar, 2020
    #93
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  14. Peter_Tersteeg

    Peter_Tersteeg Mortgage Broker Business Member

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    Went to Coles last night. No toilet paper, no bottled water, limited shampoo, low on cereals, 2 minute noodles are out.

    Plenty of protein bars in the health food isle. Multivitamins no problem. Various nuts. Stuff that has some nutritional value is in plentiful supply.

    Amazing what people think are 'essentials' to their survival.
     
    Peter_Tersteeg, 5th Mar, 2020
    #94
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  15. Scott No Mates

    Scott No Mates Well-Known Member

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    Once we get over the Caroma-virus, the economy will go down the toilet :oops:
     
    Scott No Mates, 5th Mar, 2020
    #95
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  16. Gen-Y

    Gen-Y Well-Known Member

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    That is why you need to be ahead of the curve.
    You snooze you loose.
     
    Gen-Y, 5th Mar, 2020
    #96
  17. geoffw

    geoffw Moderator Staff Member

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    People won't be exactly flush with money.
     
    geoffw, 5th Mar, 2020
    #97
  18. kierank

    kierank Well-Known Member

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    Stop the crap jokes, please :p.
     
    kierank, 5th Mar, 2020
    #98
    geoffw likes this.
  19. geoffw

    geoffw Moderator Staff Member

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    They're driving you round the U-bend?
     
    geoffw, 5th Mar, 2020
    #99
  20. kierank

    kierank Well-Known Member

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    I thought it was a S(hit) bend :D.
     
    kierank, 5th Mar, 2020
    #100
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