" />
Building a world of
resilient communities.



Licking inflation the homestead way

One of the biggest laughs of the last decade or so has been the way our vaunted economy has “licked inflation.” Every time we took another lick off of the delicious ice cream cone, the price of farm land leaped another lick higher. Every time the Federal Reserve licked interest rates lower, the price of houses jumped another lick up. Every penny “saved” on interest meant two or three pennies spent on construction that became a colossal loss when the owner could not make payments. We licked inflation so well that the price of corn went to historic highs this year, dragging food prices up with it. Fertilizer costs have spiked 18 percent recently according to the latest report.

Even when manufacturers purportedly “hold the line” on prices, inflation wins. The hoe you buy today for nearly the same price as the one you bought fifteen years ago will need repair or replacement twice as soon which means that the inflation occurs not only in your wallet but in the increasing height of the landfill.

Or, what is very prevalent right now, the manufacturer holds the line on the price, but when you check the package, it holds somewhat less than it did previously.

However, I think inflation is good because otherwise I could not have survived as a writer but would have had to find an honest way to make a living. I learned how to use inflation to my own benefit by studying the Amish. They produce farm goods in a horse and buggy economy and sell them in the super jet airliner economy. So I learned to produce words in a one lane country back road economy and sell them to a market ruled by the million lane Internet superhighway. The Amish enjoy the way they live so do not mind the seemingly lower cost of living. That turned out to be true for me too. Keeping costs down has more rewards than just keeping costs down. The Amish know that driving a buggy saves thousands over driving a car, it also gives them an excuse to avoid a lot of unpleasant and unnecessary travel. In the same way, refraining from vacations that are not very relaxing, boring social functions, all sorts of costly entertainments that are not very entertaining, gives a writer more time to write or more peace of mind to focus on writing.

Every dollar made is equal to two or three in the inflationary world. I might have borrowed to buy a bigger farm, a bigger car, a bigger house, but to be an independent writer, I dared not. And curiously, that decision turned out to be just about as profitable as if I had decided to take the high road. The Amish know. Some of them end up able to compete even with the big boys in the inflationary world of industrial agriculture.

I’m sure the economists would find all sorts of things wrong with my reasoning, but it seems to me that inflation hurts the rich a lot more than the poor and that’s why the powerful and privileged try so hard to lick it. If you have ten million dollars socked away, runaway inflation will make it look like five million in no time at all. This is not an issue I will ever have to worry about.

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.


This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.

Food Sovereignty in Rebellion: Decolonization, Autonomy, Gender Equity, and the Zapatista Solution

One of the biggest threats to food security the world currently faces is …

Monsanto, temptation and some 'adolescent' farmers

Monsanto has done the equivalent of giving a teenage boy the keys to the …

Urban Farming and Food Access Org Grows Hope and Food in Ypsilanti, Michigan

From its 1.4-acre site, the 501(c)3 organization Growing Hope operates hoop …

Alleycat Acres Puts New Twist on Community Gardens in Seattle

Alleycat Acres has survived the immense challenge of losing farms to …

Rural Sociology

For mutual interests to come to the fore, each city and each rural area …

Declaration of La Via Campesina Delegation to the 2016 World Social Forum

"We not only believe that another world is necessary, the members of La …

Watching the Watchers

The exercise is based on the notion that we could, if collectively we so …