theluckycountry wrote:Now we have suburbia, hundreds, and in some places approaching thousands of square miles of houses, with NO farming. No Food. Los Angeles has a population of about 4 million, but Greater Los Angeles, 19 million.
mousepad wrote:Outcast_Searcher wrote:https://www.vox.com/a/explain-food-america
this is a great page.
theluckycountry wrote:From 70% farm workers in 1840 to 3% in 2000, lots of job opportunities there in in the decades to come no doubt.
They could have omitted the "Farm output in Billions of dollars" since this has a weak relation to how much food is produced given recent monetary inflation. Interestingly, not in the article, there was a 100 year period, from roughly 1800 to 1900 when there was mild deflation across consumer prices. That was the gold currency era. Innovation brought falling prices and un-inflatable gold kept them low.
evilgenius wrote:I think you point out pretty well a danger that the world economy always faces: deflation. When the perception of any market is that prices will continue falling rather than that prices could go in any direction, then assets lose value relative to cash. Eventually, this could produce a hoarding of cash, even in a data driven economy.
Switching to something like bitcoin, which is just alt gold, is anti-democratic.
theluckycountry wrote: I like things with a few thousand years of proven utility behind them.
vtsnowedin wrote:theluckycountry wrote: I like things with a few thousand years of proven utility behind them.
That pretty much limits you to flint spear points, copper axes and a willing wife.
vtsnowedin wrote:Well I would certainly take gold over any of the rat poison crypto currencies. I just like the ability of stocks to generate dividends and price growth which happens on a more or less regular basis. Which stocks to buy and hold becomes the problem and holding through downturns takes discipline which many find they don't have at the time they need it.
vtsnowedin wrote:theluckycountry wrote: I like things with a few thousand years of proven utility behind them.
That pretty much limits you to flint spear points, copper axes and a willing wife.
theluckycountry wrote:vtsnowedin wrote:theluckycountry wrote: I like things with a few thousand years of proven utility behind them.
That pretty much limits you to flint spear points, copper axes and a willing wife.
You don't have much to offer here do you?
theluckycountry wrote:
Rapid Urban Abandonment in 6th Century Rome
At its height, the City of Rome numbered just over a million inhabitants. By the late 6th century C.E., the population was perhaps 30,000. According to Pope Gregory the Great, at one time after the Gothic Wars, the City was almost completely abandoned. What would it be like to live in an urban hull, with so many large imperial constructions falling to pieces?
https://www.unrv.com/forum/topic/11353- ... tury-rome/
theluckycountry wrote:evilgenius wrote:I think you point out pretty well a danger that the world economy always faces: deflation. When the perception of any market is that prices will continue falling rather than that prices could go in any direction, then assets lose value relative to cash. Eventually, this could produce a hoarding of cash, even in a data driven economy.
Inflation it seems comes into effect toward the end of an empires run. It, money printing, is a way of maintaining the armies and institutions that used to be funded by conventional means. There wasn't much inflation between 1030 and 1945, in fact there was deflation. Back in the 1800's America experienced (under the gold money standard) mild deflation for a hundred years abouts as innovation with railroads etc lowered costs. Once they went to paper currency though, that went out the window.
I'm not complaining, we have achieved a lot under the bullsh*t fiat inflation, I wouldn't have my cool cars and motorcycles without it I am sure. But the piper has to be paid! And I for one don't want to be the one paying. Thankfully there are enough people mired in debt and trapped in the stockmarkets by fear of capital gains tax that I can slip through the cracks.Switching to something like bitcoin, which is just alt gold, is anti-democratic.
They say that about altcoins, and they are hoarded just like gold is, but they don't have enough history for me to trust them. And they are far too volatile for my tastes. If they had been around for 40 or 50 years I might go in but to me they look like any technology, they could be a segway, the ipod, the mini-CD. Sure they are great now, but what if they get superseded in 5 or 10 years? I like things with a few thousand years of proven utility behind them.
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