Post #2300248
2026-05-08 14:58 UTC
"Parmigiano Reggiano is one of the world’s most tightly regulated foods. It can only be produced in a small, designated area using three ingredients — milk, salt and rennet — and it must age for at least 12 months before it can be sold. Many wheels mature for 24, 36, or even 40 months.
That long wait creates a financial bottleneck. Farmers must be paid every 30 days. Staff, feed and energy costs accumulate daily. But revenue doesn’t arrive for a year or more. For more than a century, Credem Bank has stepped in to bridge that gap — accepting cheese as collateral."
https://www.cnn.com/2026/05/02/food/italy-cheese-bank-parmigiano-reggiano-intl
Replies (5)
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@obot50549535@left-bank.net 2026-05-08 15:58
@jalefkowit@vmst.io I never imagined I would plan a bank robbery, and now I find I must.
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@madrush@tacobelllabs.net 2026-05-10 14:19
@jalefkowit@vmst.io a bank that stores a real tangible asset instead of Monopoly money
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@dmarti@federate.social 2026-05-10 14:36
@jalefkowit@vmst.io someone please tell us that this bank has robust defenses against an acquisition by oligarchs, private equity, or fintech bros (not worried about regular robbers so much tbh)
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@carpetbomberz@mastodon.online 2026-05-10 15:08
@jalefkowit@vmst.io I can see this as an old original series Batman caper. Cheese Bank or The Mysterious Case of the missing Milk Funds
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@fivetonsflax@tilde.zone 2026-05-10 18:55
@jalefkowit@vmst.io @mhoye@cosocial.ca “bring this slip to the casier”