SOME BANKS ACCEPT PARMESAN CHEESE AS COLLATERAL FOR A LOAN
this post was submitted on 17 Mar 2026
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Chapotraphouse
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I mean, a proper wheel is worth around a thousand bucks and stores very well, in fact, it might increase in value due to further aging.
Not only that, the Parmigiano Reggiano consortium has been exploring using financial instruments to valorize their wheels
Isn't Parmesan cheese a more stable store of value than gold?
Proper cheese is expensive.
I really had no idea about this when I started writing noir cheese fiction.
Similarly when I picked this name I was totally unaware that there was a mysterious fire in Johnny Carson's office on 9-11-1969 lol. I found out when afterward I did an image search for "Johnny Carson fire".
this is a plot point for the latest on cinema oscar special
Collateral for a loan??????
High quality parmesan (and cheese in general) is worth a lot, google AI says high quality wheels aged for 2 years can cost $2500+, and some very well aged varieties can auction for tens of thousands of dollars
A wheel is a lot of cheese though, like 80Ib of cheese
Large cheese makers have endless warehouses full of the stuff, and it sells really easy and for very high prices.
Not different than saying "hey I have this bunch of gold, if I default on my loan you can have it"
Reminder that money is a commodity, and cheese is also a commodity... :^^^)
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