Ancient Egypt, Food Supply and Savings Rates Since I so recently wrote about Joseph in Egypt, it seems almost redundant to be referencing this wise and brilliant statistician so soon. Following my last article one reader in a PM made what I thought was a dynamite observation. So here is my shout-out to fellow Fire-Walker, Pearse Frazier , in Atlanta GA. Pearse made the observation that the genius behind Joseph’s plan during the seven years of plenty, was gutsy and aggressive Savings-Rate. Right on Pearse! Now to be fair Joseph appears to have had some Divine Help on this one, but he knew that were would be seven years of profound prosperity followed by seven years of devastating drought and famine. He planned for the years of famine by building grain store houses and barns made healthy deposits into these food banks. With a carefully measured Safe-Withdrawal-Rate (SWR) Joseph was able to sustain Egypt and the surrounding countries during the time of crisis. [...
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