It is generally sound advice to not spend money you haven’t got – so as to have money to spend when you need to buy something. But we live in unsound times, especially as regards the money – which it isn’t really – we’re forced to transact business with.
This money is just paper. It is alarmingly possible that it will soon be worth the paper it is written on – and perhaps not even that. While most people have been allowed to work again, they are working for less – in terms of what their money will buy. The sheet of plywood that cost $20 this time last year now costs $60. The not-quite-a-pound anymore pack of bacon (which they can’t make any smaller without it becoming too obvious what’s going on) now costs $7.
More, if you don’t want nitrates with that.
The minimum wage may be going up, but it is buying those who earn it less. And everyone else less, too. No one who works for a living isn’t paying more to live. We have taken what amounts to a 5 percent or more (depending on whose numbers you use; the government’s being as reliable as the soundness of its paper money) pay cut this year so far.
What happens when it becomes a 20 percent pay cut? 50 percent? When people can no longer afford to buy anything because their money isn’t worth more than the paper it’s written on?
You can have $15,000 in the bank but what good is it if it doesn’t have the purchasing power of a stack of copy paper? This has happened. It is happening, again. Not yet at the rate it happened in Germany back in the ’20s and in Venezuela, just recently (and ongoing). But to deny it is happening here – and getting worse – is almost as delusional and believing that wearing a “mask” serves a medical rather than psychological purpose.
Such delusions are dangerous.
Like not spending what you can’t afford to save anymore – given the unsound times in which we live.
On things which will make you capable of continuing to provide for yourself and your family, in the event the money you have can no longer provide things like food, bought from a store.
How much food does a stack of copy paper buy? Ask a Venezuelan. Just be careful not to get too close as he may be hungry.
And also dangerous. If it should come to pass that our money becomes Bolivarian there will be a lot of very hungry – very desperate – people afoot. It will not be a good time to go shopping with your wheelbarrow full of American Bolivars.
Better to stay home.
But it is also good to not starve at home, either.
Yes, there is Amazon, but that means being beholden to Bezos and dependent on his grace to allow you to shop from home – assuming your money still buys anything and assuming, quite possibly, that you have had “your” shots and can prove it.
I’d rather raise – and grow – my own food. A central bank and its puppetized politicians cannot inflate away the value of the chickens in your backyard; the cost of their eggs will not double overnight – though the value of them may, giving you something more like real rather than paper money; i.e., something of intrinsic value that can be traded/bartered for other things of value.
I’ve written previously about the soundness of getting a small flock, which doesn’t take a lot of money but which could return a lifesaving investment in terms of the food – the protein – it will provide if you find yourself unable to buy it at the store. Whether because your money is worthless – or digital and you want no part of that and the near-certainty that you will only be permitted to use this digitized “money” if you obey, including the command to extend your arm – and the arms of your kids – to receive the blessing of the entities that control your now-conditional privilege to buy using their “money.”
You may need more than a few chickens in the backyard.
Especially in the winter.
It is hard to grow food when the soil is frozen and covered in snow. But if you have a greenhouse, you can go grow all you can eat (and then some) all year-round and never have to worry about buying the vegetables that are just as necessary to the maintenance of health as the protein you get from chickens.
And free – of genetic modification – assuming you use sound (non GMO) seeds.
But a greenhouse is more expensive than a backyard flock – especially if you want one that’s durable, with glass rather than plastic panels that will stand up to wind and not disintegrate after a season or two. One that can be built on a foundation, plumbed for water and electricity. One that will save you money (and effort) in the long term, in other words – like high quality real wood rather than particle board furniture or “drop forged” (i.e., someone in China dropped them, near a forge) tools rather than more expensive but much higher-quality tools you’ll pass on to your kids.
Plus, there is also the what-if-the-system-doesn’t fail thing to consider. Do you want something ugly in your backyard that will detract from your home’s value? Erecting an attractive, high quality greenhouse kills both birds with the same stone while also transferring paper into a kind of gold.
The copy paper money you spent is now worth something. And what you bought will increase the value of your home, a durable/tangible asset of intrinsic value as a place to live as well as an investment.
A greenhouse doesn’t have to be used to grow plants to eat. It can be used to grow plants that are pretty. It can serve as a solarium as well as food source – one under your control.
The only downside, if it is one, is the putting it on the card – if you haven’t got the roughly $4,000 cash it takes to buy (as I’ve priced it out) an 8×8 or so glass-paneled, metal-framed kit.
Here’s the one I’m eyeing.
Ordinarily, I never buy anything I can’t afford – which I define as anything I can’t pay for when I buy it, in cash. I cannot afford to buy a $4,000 greenhouse in cash. But the more I think about it, the more I think I cannot afford not to.
How much does the average family spend on food at the store right now? It is said to be around $400 a month and that is likely a lowball estimate. And it is a right now estimate. How much will the average family be spending this fall?
That $400/month pays down a $4,000 greenhouse in ten months. And once bought – even on credit – the price doesn’t rise. And once paid for, that greenhouse can eliminate or at least greatly reduce that $400/month otherwise spent at the store.
If there are still stores open (and open to us, the un-Needled) ten months from now.
. . .
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