Can't we solve this problem like Elon would solve the problem and simply store the cheese in space?
post
"Once again the investor with the cheesiest portfolio comes out on top!"
eats cheese
"Oh no! I'm ruined!"
Don't worry folks, the bank is not literally made of cheese. Their source uses a less oniony headline: https://www.euronews.com/business/2026/08/11/extreme-heat-strains-italys-cheese-banks-where-parmigiano-backs-farm-loans
A single round of Parmagiano is $2000.
More like $20k!
Haha!
Bilbo! Another round of cheese for Thorin's Dustr!

No, $1500-2000.
https://www.labottega.ca/products/parmigiano-reggiano-whole-wheel-approximately-35-kilograms
It was a play on words.
round - a drink of liquor apiece served at one time to each person in a group
and
the fact that dwarves are prodigiously hungry and thirsty
gives us:
They would each require their own round of cheese for a round served to the group, which is what Thorin called to be delivered to the table. Hence the price tag.
But thank you for the earnest education on delicious cheese. The pungent, well aged cheeses have always been my favorite.
What is this, The Day Today?
bro just peg a new stablecoin to it if it's so liquid...
Liquid assets
Oh, so we can all eat cheese that tastes like window caulk.
You could always eat window caulk directly if it's that important to you
all eat cheese
But why do you need to eat cheese though? It’s incredibly unnecessary and only works to abuse the animals that produce it. Maybe step back and think about what you’re doing instead of assuming that “we all” need to eat cheese.
Sorry but that’s what always gets me about talking to non-vegans. Unless you’re somewhere like the Arctic Circle you’re consuming animals solely for the pleasure of taste — that’s an ugly look.
Edit: Keep downvoting you disgusting people.
Enjoy your cult, but vegan preaching is very 2005.
I eat meat but I have to admit they're right -- there's no need to eat meat and cheese and it does come from animal torture. I was raised on it and im too lazy to fight back, but i can at least give vegans their due credit for doing the right thing.
We're the ones in a cult, not them. The people who were saying to quit smoking tobacco fifty years ago were absolutely right too.
Tell me you know nothing about veganism without saying it.
Naa I know plenty about it. As you militant vegans are all over lemmy. The joke here is that animals eat other animals....humans are no different, we're omnivores for a reason. You can act like plants can replace meat but the amount of nutrients from 4oz of meat vs 4oz of some plant is always going to be way out of proportion.
Plants require a lot of work as well. Most farms that produce meat, are not mega farms like you guys think. The majority of the farms here in the US are small operations, 1k or less head of cattle. They make up 90% of what is consumed. The cows drink, non-potable water. They eat mainly grass (you don't raise a cow on grain, shit is expensive when grass and roughage is free) and they don't require you to constantly fertilize the soil to grow something. On top of all this, the majority of what is fed to cows is grass/roughage, and then hay in the winter, which is just rolled up grass/roughage. The feed they finish cows with is non-eatable foods from plants you and I eat. Stalks, roots, stems...shit you cannot process. You think they take and just toss out the plant you're beans grow on? Hell no, it's turned into cattle feed.
So, yes I know a lot about this, because I own a farm and work closely with other farmers, who grow that plant based diet you eat... so be vegan all you want, no one is saying you can't, but don't come acting high and mighty because you don't want the rest of us to eat meat.
When cattle are grazing unbuildable, unfarmable land, it is a fully renewable and sustainable system. Presumably the trees are the casualty but you could just as easily argue that timber products are not sustainable.
Have you traveled around? The foothills have a lot of very rocky slopes and terrain. Terrace farming is extremely expensive and labor intensive. Vineyards are the only crop grown on slopes at scale, and we already have too many grapes.
Them using land is not the only thing they do.
They drink water for example, a kg of cow meat requires 1000L of water. This is not a problem everywhere, but it can be.
They eat grass and there are many places where they have the space and the climate to walk around and eat the grass that is there, but many places they need additional food. Their biggest source of protein is usually soy. Most of that soy comes from south-america: first they burn down a forest to make space, then they plant genetically modified soy. This soy is modified to be resistant to pesticides. They spray the entire plot with these chemicals, so everything dies except the soy. This stuff travels beyond the borders of the farmers land, killing local wildlife and threatening the ecosystem.
Also not all cows are treated well. A cow only gives milk after birth, so each year a cow has to be insimenated and birth a baby cow. A cow can live for decades, but their body is working so hard many won't live over 10 years.
Another problem is that cows are given hormones and antibiotics, residues of which end up in consumer meat.
I'm not writing this because I believe we should go to a 100% plant-based society, but the current system of mass-production is a lose-lose situation for everyone except for the people making a (small) profit.
Wow I had no idea. Thanks, I’m vegan now.
Make sure you tell everyone and tell them how they are supposed to live. Make sure to use a lot of fake science.
I already started posting it all over NextDoor. Next I’m going to protest the meat, wool, and egg vendors at farmers market tomorrow.
You should probably look at bigger groups than literally who, but you've got the right idea!
cattle are hardly fed any soy at all, but the vast majority of the soy fed to livestock is the industrial waste from pressing soybeans for oil. that's conserving resources.
I dont know how you've come to believe that, but it is not even remotely true. Cows eat parts that humans do not, but what they're fed is not a product that'd otherwise be wasted. Deforestation to feed livestock including cows is a real thing and soy is a big part of that. Feel free to eat as much meat as you want, but the least you can do is not share false information.

When someone mentions soy, we often think about foods such as tofu, soy milk, tempeh, or edamame beans. This feeds into the argument that meat and dairy substitutes – such as switching from meat to high-protein tofu or from dairy to soy milk – is in fact worse for the environment. But, only a small percentage of global soy is used for these products. More than three-quarters (77%) of soy is used as feed for livestock.
I hate this headline. It's not an actual bank. It's a storage facility that provides financial products to the producers of PR who need a steady cashflow for day to day operations and can't afford to wait until the cheese wheels are mature and ready to be sold. So the storage place provides this steady cashflow with the cheese as collatoral basically.
With Europe's recent heatwaves the facilities that store these wheels are struggling to keep the wheels at the right temperature to make sure they mature right. If they lose the wheels, they lose their collatoral and the whole thing runs the risk of collapsing.
This headline implies that Italy's banks deal solely in cheese which, even though it would be very funny, is just ludicrous. It's clickbait nonsense really.
Nah. It's all Parmesan cheese all the way to the central bank. The whole Italian economy is based on Parmesan.
Also I hear their roads are paved with the stuff. Rock hard. Bet they have a lot of pot holes though.
this is rediculous and obviously you know nothing about italy. They are not stupid. they know how to diversify. there are stores of asiago along with of course dried pasta and canned tomatoes. for export of course.
I wish it was as the title suggests. I have a deep love of parmesan. I'd love to think it was a viable currency.
Fuck you and your big Parmesan cheese propaganda.
We all know that it's shady long big parm bets propping up the entire Italian economy, and shame on you for trying to mislead small wheel investors.
If anything this just proves that my puts on cheese whiz are the correct investment vehicle for the time being.
Go long on aerosolized cheese bitches.
honestly this was closer to the headline than I thought it would be. It is kinda neat.
You know what we call an establishment for the storage and lending of valuables and credit? A bank. It's an actual bank.
Oh no, the businesses will have to cut into their profits to ensure their investments mature.
Dear fellow Americans, please stop producing parmesan cheese. You are driving inflation in Italy and directly devaluating their currency. This may be seen as an act of economic warfare.
Americans producing parmesan is like me printing euros. It doesn't cause inflation because it doesn't count lol
(not saying Americans can't make cheese, I hold no opinion there - parmigiano reggiano can only be made in a specific part of Italy, otherwise it's just sparkling hard cheese)
It actually is a great damage to the Italian economy. American parmesan is what in Europe is deemed a counterfeit product and thus banned.
This makes sense. A whole currency system of cheese would make more sense than the modern economics of voodoo, magic, and make believe.
So, billionaires, how much are those billions worth when you can't buy Parmigiano Reggiano anymore because it no longer exists?
Look if we can build climate control systems for giant rooms filled with 100kW slop generating heaters then pretty sure we can cool some cheese down ..
The thing about building a system that isn't usually required is that you gonna have to spend the time finding people to do it, then wait for them to import the required hardware because there's usually no ready stock available, and then have to spend time to install. This is why china able to adapt so fast when the heatwave come while europe suffer, it's because china is one of the country that make and sell AC unit.
They totally can build a climate control system and cool down their cheese, but it takes time.
I think if governments really cared about it (maybe they care about their banks .. I dunno) they'd make it happen asap, also it's not like Italy doesn't have manufacturing capability
you are ignoring the issue that has always been a problem in Europe. they ignore everything till it's too late. if it's not affecting those in positions of wealth and power, it's not a concern.
rising temperatures were seen starting in the 1990s. AC was installed in many upscale homes, restaurants and government offices... but nothing else was done. no planning and continued acting like it's a fluke...
Portable Ac units with exhaust ducts out of the cave or whatever special storage space in the meantime would go a long way here.
Long enough that temporary might turn permanent.
Ahhh so this explains the Parmesan cartel. If you don't know, the only "true" Parmesan comes from Italy and there's a cartel of pretty ruthless (legally, not like drug cartels or anything lol) people that try their best to keep it that way.
There was a bunch of drama once about a guy in the US that was a cheese making hobiest that tried to make his own parmesan using some methods he thought of. The Parmesan cartel in Italy sent him a cease and decist letter.
this is true across a wide variety of products deemed "cultural exports" by the eu and is a portion of their soft power throughout the globe
The names Parmigiano Reggiano and Parmesan are protected designations of origin (PDO) for cheeses produced in these provinces under Italian and European law.[1] Outside the EU, the name Parmesan is legally used for imitations, with only the full Italian name unambiguously referring to PDO Parmigiano Reggiano.[2] A 2021 press release by the Italian farmer-rancher association Coldiretti reported that, in the United States, 90% of "Italian sounding" cheese sold as parmesan, mozzarella, grana, and gorgonzola was produced domestically.
(legally, not like drug cartels or anything lol)
I don’t believe you…..
They may have gone legit, though. (Although… there is that island that makes the cheese with the jumping maggots… that’s technically illegal.)
Poor title posted a day or two ago, and quickly rephrased to be more accurate. Glad to see it posted again in a click baity way

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