That will be the "Black Swan" event. Then the SHTF Big Time. 
Posted on 04/14/2021 4:42:00 AM PDT by MeneMeneTekelUpharsin
I think hyperinflation is a broad term. What you describe is something that is very brief. Society will collapse quickly with that sort of thing.
And in a country where everyone - pretty much EVERYONE - is well armed, it won’t end well - first, for those that are not well armed, then the rest start picking off each other.
I’m talking about a form of inflation that is rapid, but sustainable for a longer period of time before the public goes nuts. Look what it did to us in the 1980-ish time frame. And that was a fraction of the 400% in one year I just described.
Basically, we’re talking semantics. If it gets as bad as your scenario, I’d board up my windows and move to the country pronto.
What does it cost to do an AI from someone’s other bull?
My question is it worth having a bull at all?
Also, is your AG exemption with the state of FL on property taxes or is there a Federal tax exemption too?
Massive deficit spending followed.
Then, the Great Recession of 2008.
More massive deficit spending.
Then COVID.
More massive deficit spending.
But - from memory - I do not think inflation has exceeded 3% for the last 20 years.
The only explanation I can think of - the World Wide Web.
Every motivated customer has instant access to price discovery and product quality ratings, and the customer can often order directly from the store or the manufacturer.
On the flip side, business owners can operate with just-in-time inventories and can rapidly adjust to changes in demand, which creates competitive pricing with days or weeks.
That’s exactly my situation as well. When I was younger, every time I got a raise I would keep a bit but increase my 401k contribution. Once it reached the annual max contribution I could then take any other spare income and invest in a Roth IRA and a general brokerage account, of which many employer stock sales and bonuses were deposited and not spent. I’m sure my family would think I’m rich too - but I’m not, just trying reach retirement and be comfortable. I see others in my family just spend spend spend, then complain about money. They’d be shocked if they knew but it’s a choice to live above or below your means and over decades it makes a huge difference.
Not only are they not here, I’ve never heard of them! Will look into them. Thx.
But to us it is a moot question because we have our own bull that doesn't cost a thing except for the original purchase price. Amortize that cost over the years we'll have him and the expense is very minimal. I would guess less than artificially inseminating them.
The agricultural exemption is from the state but many states besides Florida have the same arrangement.
When we moved to to this area 8 years ago, people were saying land was expensive at $2000/acre. Today you can’t find hardly it less than $10,000/acre.
The reason I ask is that I am in a somewhat similar situation in NH. No income tax or sales tax. Very high property taxes. 12 acres, we breed beagles and run a small grooming shop/kennel of of our property. We only show a profit once every few years. We write off everything we can against federal income taxes. I may even depreciate my new 4WC compact tractor against the business. We use it to plow the driveway in the winter.
We usually have our own stud dog, but AI bitches regularly with either frozen seaman at the vet or the old fashioned way.
In dogs it is not necessary to keep a stud dog around. Eventually, you are breeding to close back to the line.
I have thought about building a barn and raising cattle or sheep. My property is very rocky. About 10 acres is standing timber. I cut it 7 years ago. I do not have clear pasture land. What percent is the AG exemption? How does it work?
With Favur Beans!
Inflation trickles down to the consumer level... just like the cash. New money in the economy is put out via banks via lending with most of that going to people making investment loans. The wealthy with money to make leveraged investments get the first shot at it.
Those wealthy investors don’t don’t spend it on eggs and milk, they spend it on stocks, real estate and collectables- assets that stand the best chance of appreciating. As that money works it’s way through the economy other sectors begin to see price increases. Food stuffs will go up later in the process.
In other hyper inflation situations it took a couple years before all that newly printed money caught the entire economy in it’s whirlwind. In the intervening period it can look like the economy is chugging along great as people feel like they have more money.
Interesting,,,
Not being able to charge interest, the manager had been padding the bills for profit.
This did not cause a financial loss to the Master, in settling with the debtors the manager was deducting the excess profits he himself had tacked onto their account.
The Master had found he was mistreating his brothers by over charging them. therefore requiring him his job.
Luke 16 New American Standard Bible 1995 (NASB1995)
9 And I say to you, make friends for yourselves by means of the wealth of unrighteousness, so that when it fails, they will receive you into the eternal dwellings.
10 “He who is faithful in a very little thing is faithful also in much; and he who is unrighteous in a very little thing is unrighteous also in much.
11 Therefore if you have not been faithful in the use of unrighteous wealth(earthly), who will entrust the true riches(eternal) to you?
This parable was given right on the heels of the parables of the Lost Sheep, the Lost Coin and the Prodigal (Lost) Son.
The point is the rejoicing that occurs when a sinner repents and asks forgiveness. It pleases the Lord and earns us the Master’s commendation.
Man’s purpose in acquiring money is four-fold; to provide security, establish independence, create power and influence, and most of all to guarantee freedom.
God’s four-fold purpose is for provision (to sustain man), direction (to nudge him along the path God has ordained for him), to promote the fellowship of believers (keeping man focused on Him), and to illustrate His power (showing man He’s dependable).
You can't take it with you, but you can send it up ahead.
We never show a profit except every 7 years required by the IRS. I just didn't show expenses the year I showed a profit for the IRS. Otherwise, in realty it will take longer than our remaining lifespan to recover our expenses of starting the farm to show a real profit.
My old classmates back home in Arizona ask me how I can make money raising cows. I tell them the whole idea is not to make money but to lose money. My wife and I would go broke trying to make a living raising this small number of cattle. So we don't do it to get rich, that's for sure.
Like I said, we keep our own bull because we can, it's easy and doesn't cost anything out of pocket. I wouldn't know about dogs.
Our agricultural exemption dropped our taxes way down but I don't know how much exactly. For example, if the taxes on one parcel was $2,000 a year for bare land, now it may be only $200 a year with the exemption.
Check with your state to see what the requirements are and how it works in NH. You have to fill out some minimal paperwork and file it but you can probably do that online.
Good luck.
No I drove my Toyota Tundra
The you noticed gas prices rising as well.
You are correct. I KNOW what hyperinflation is and that is why I posted what I did.
That will be the "Black Swan" event. Then the SHTF Big Time.
If you haven't seen this hilarious video on gold and bitcoin (NSFW) I recommend taking 3 min out of your life.
What the manager wanted and needed was friends/relationships. Money and other thigs are worthless.
When I was in Africa, the items for trade were relationships and promises. My intrepreter traded my name up to 4 years after I left with requests from people in the middle of the night.
The point being as times get tough in the coming years, your relationships will be important, Especially the one you have with God, or rather the relationship God has with you.
A well regulated milita is required, the guns are a tool.
What you say is true. However, one must show they are willing to use said guns for the threat to be effective. This our side has refused to do. In fact, they remained absolutely mute as a very small group, shredded the Constitution and performed a Coup. Aided and abetted by the Republican Party changing the Government and depriving a duly elected candidate of his rightful term of Office. The Left currently believes that the Right has no fight left in them. Events have proven them correct.
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