This is and has always been the farm way. My Grandfather bartered every chance he could get and the local farm community, ah there is that word again, was indeed a barter first community. It is all very simple, only purchase what you NEED. What you want always waits until the good times. Which every farmer knows is always tomorrow. John the COMMONSENSE narrative should be explained in schools and at home. What we are battling now in this country is the next big thing syndrome. Instant gratification generation. The core family is the most critical part of the world. It is easier to push debt forward like the US Gov, than make the hard choices now that of course will cause extreme pain in correcting this democracy, but necessary to save it. Thank you for the informative and well documented research. I pray all of this does not happen, but I am no ostrich, unfortunately I am a realist, always an optimist but first a realist.
Indeed, the farm way. Unfortunately less than 1% of the citizenry are farmers. Entrepreneurs, like yourself, are the new farmer. I'm thinking about my next post in the Resist Evil series, and I think it's going to be about food. And what should be taught in schools, is "old school" home economics.
Minimum wage when I graduated HS in 1960 was $1. It would take $10.66 of today's dollars to have the same buying power as that $1 did 64 years ago. However, most bottom level starting wages in SW MI seem to be $15 or so. In this case it looks as though the market has the upper hand on wages at this time. Gold in '60 was $35.27 vs latest $2660; much better deal than 'holding' dollars.....
The Fed Res is in a jam it seems to me; they can't raise interest rates too high because we cannot fund interest on the debt, but, they need to raise interest rates to sell bonds and to take inflation down a few "basis points." Runaway inflation, hyperinflation is the big risk, I think.
John & Homestead
Loved seeing all the Scripture.❤️
It's timeless truth, and the best book for "fact checking." Ha!
This is and has always been the farm way. My Grandfather bartered every chance he could get and the local farm community, ah there is that word again, was indeed a barter first community. It is all very simple, only purchase what you NEED. What you want always waits until the good times. Which every farmer knows is always tomorrow. John the COMMONSENSE narrative should be explained in schools and at home. What we are battling now in this country is the next big thing syndrome. Instant gratification generation. The core family is the most critical part of the world. It is easier to push debt forward like the US Gov, than make the hard choices now that of course will cause extreme pain in correcting this democracy, but necessary to save it. Thank you for the informative and well documented research. I pray all of this does not happen, but I am no ostrich, unfortunately I am a realist, always an optimist but first a realist.
Indeed, the farm way. Unfortunately less than 1% of the citizenry are farmers. Entrepreneurs, like yourself, are the new farmer. I'm thinking about my next post in the Resist Evil series, and I think it's going to be about food. And what should be taught in schools, is "old school" home economics.
Minimum wage when I graduated HS in 1960 was $1. It would take $10.66 of today's dollars to have the same buying power as that $1 did 64 years ago. However, most bottom level starting wages in SW MI seem to be $15 or so. In this case it looks as though the market has the upper hand on wages at this time. Gold in '60 was $35.27 vs latest $2660; much better deal than 'holding' dollars.....
The Fed Res is in a jam it seems to me; they can't raise interest rates too high because we cannot fund interest on the debt, but, they need to raise interest rates to sell bonds and to take inflation down a few "basis points." Runaway inflation, hyperinflation is the big risk, I think.