Monday 27 May 2013

hard-currency

When my mother and I were together for the first time in Germany, we were bemused by the profileration of what we called cheese-banks, Sparkasse—saving cheese (Kรคse, we thought). It turns out, via Oddity Central with a bonus report from the BBC, there are such institutions in the Parmesian producing region of Italian, at least, which will larger wheels of cheese as collateral for loans to local businesses at a nominal interest-rate, including a fee for storing their assets in conditions where they will mature properly.