Deflation followed by hyperinflation?

[Wifezilla]

I agree with CJ. By harvest season it is going to be ugly

I agree too. And if I am completely and utterly 100% wrong, what harm will it do for me to have a constant supply of fresh eggs (from my spoiled rotten ducks...got 6 eggs in the incubator right now from 2 of my girls) a stocked pantry, and 50 lbs of buffalo and 5 large turkeys in the freezer? None.

I've been extremely frustrated lately, even with my closest friends - most of whom are devout Christians. Despite the flashing red lights surrounding them, the job losses, foreclosures, deflation, the "stimulus" package, the No Bank Left Behind Act, our march into socialism ... they just keep on spending and splurging, God bless 'em.

CJ, I am not a religious person and I have a mixed bag of friends (religion-wise). Most of them aren't preparing either. I do have one girlfriend who also feels that general sense of unease, sees the warning signs, and is cleaning and restocking her pantry.

Unfortunately, if everything does hit the fan, her unprepared family members will latch on to her like a tick to an Irish Setter's backside.

Me, I am lucky. I don't live near any moochers. My neighbors are hardworking sorts. If I choose to help someone, it will be because they are trying to do the right thing and have just fallen on hard times, or they can't help themselves due to illness or disability. Anyone else can eat dirt. I wont put myself or my family at risk for leeches.

 

[FarmerChick]

I hear ya CJ

most of my friends are farmers like me. We are the prepared type cause we have hard times farming, even in a good economy...LOL...so hard times we sure do recognize fast.

And it is going to get WAY WORSE~~~and it is coming soon.

I don't know how people can not be prepared. God is not to be "used" in case of an emergency in my eyes....it is for you to prepare and be smart and know how to handle hard times with knowledge and finances, then when you did all you can....you rely on God to get you thru the crisis with your faith and love.

We barter now. Barb has a dairy farm.....she has tons of beef, I have a hog farm, tons of pork, tons of chickens and eggs and hay for animals, we all have gardens, we all freeze, dehyrate, can and preserve. So there is a huge amt. of stores between all us farmers and we know we can rely on each other. In the end, no matter how much you have in your pantry...your group of friends is the most precious commodity. Safety in numbers, it sure holds true in nature!! Yet we forget that since we are so smug and have taken ourselves so far from nature!

The accountant, he is good for bartering. Cause he can crunch the numbers and know that you should get X amt. of lbs. of jerky for your stored salt or wheat...LOL

Everyone has their value! In a crisis the knowledge of all is sure needed!

 

[FarmerChick]

I think it's a great idea to e prepared. If we go into a depression, what happens if you still have a mortgage? I'm pretty sure the bank will kick you out. So what do people do that have a mortgage?

If you have a job you keep making your payment.

****Yup and if you can't make the payment, the bank will come for foreclosure. When who knows, cause if it is a very hard time thru the whole country.....at some point the banks won't want your home right away ya know. They have too many to deal with and you might get some grace time.

In this society you pay or you lose. Money is it in the end and that is such a sad situation.

I know in a special I watched on Discovery Channel about the Dust Bowl....wow, what a disaster. Many lost their homes to the bank and were evicted, but in the end the banks stopped foreclosing and gave people grace periods etc. etc. until the govt. stepped in and helped people......

so who knows in the end what might happen?

 

[CJHames]

I know in a special I watched on Discovery Channel about the Dust Bowl....wow, what a disaster. Many lost their homes to the bank and were evicted, but in the end the banks stopped foreclosing and gave people grace periods etc. etc. until the govt. stepped in and helped people......

so who knows in the end what might happen?

I saw that special! That was the most frightening thing I've ever seen. How those people lived through that is beyond me. No wonder so many just gave up, left their homes/land behind and moved to CA.

 

[FarmerChick]

WOW you saw it too. Wasn't it unbelievably interesting? I enjoyed that show and had no idea the Dust Bowl was to that level.

BUT the ones that went to CA had it harder on the road.....and CA wasn't the promised land for so many of them either.

Did you see how much dust got into their homes constantly....over every single surface. Unbelievable....and then the rabbit plague and locust plague.

Woof...it was bad!

 

[CJHames]

WOW you saw it too. Wasn't it unbelievably interesting? I enjoyed that show and had no idea the Dust Bowl was to that level.

BUT the ones that went to CA had it harder on the road.....and CA wasn't the promised land for so many of them either.

Did you see how much dust got into their homes constantly....over every single surface. Unbelievable....and then the rabbit plague and locust plague.

Woof...it was bad!

It was unbelievable. When I grew up in CA I had many friends whose parents or grandparents came from OK, so I had heard stories about it, but I guess it didn't resonate like the pictures did in this show. It was shocking. Like a Biblical plague, seriously. Unimaginable. Their resiliency is some kind of a role model for sure.

 

[FarmerChick]

And the length of time---10 years before the govt stepped in and helped. They were on their own out there!!

Re-planting the land saved them.

 

[enjoy the ride]

I hate this- now anyone who is on the receiving end of financial downturns, it is very stressful.

But I have seen worse- stagflation, Saving and Loan debacle, civil riots, student bombings and school closures, the Bomb scares, bay of pigs invasion and missile standoff (and I was on a Floride military base at the time,) communist riots and misc stock market falls, food doubling in price especially meat in a few months , the Iranian Hostage situation and gas shortages, the creation of the Rust Belt (now that was a lot of lost jobs,)etc.

My parents went through the Spanish Flu epidemic, the stock market crash of 1929 and the Great Depression- my father was in Europe throughout WWII and was on the boat heading to Japan when the bombs were dropped- he was off for a few years then got sent to Korea- after that all the above things plus more that I can't remember.............

The first car loan I ever got was 17% and that was not considered bad.

So worry a bit but no one knows what is going to happen- two years in the future it may be a memory or we could be struggling for 10 or 20. But don't borrow trouble, it will find you all when it needs to.

 

[Homesteadmom]

Yes ma'am, those are the ranches I've seen. There are also some 36 acre ranches (Eureka Springs Ranch) that say they are located in the "scenic Aravaipa Valley" that we have wondered about.

All those are up in & on top the White Mtns. It is really pretty up there & I have been told by a few different people at the local farmers market that anything except citrus will grow up there(to cold).

Wow, what a great report, thank you! Now if you could tell me what the annual property taxes are ... just kidding, you did enough. Sounds like a great place. I like the availability of solar and wind. But I am struggling with what will be more important in the future: needing wood and water (which means we go to east Texas, MO, Arkansas or KY) or the ability to grow food year-round, which we could probably do in any of the above places with a good, strong greenhouse).

With not much on our land yet, we only pay about $170/yr for taxes & that is 40 acres. There is a lot of wood around us that is juniper & has already fallen we just need to gather it up. Plus there are wooded areas nearby too for wood supply. Water is a well.

 

[CJHames]

With not much on our land yet, we only pay about $170/yr for taxes & that is 40 acres. There is a lot of wood around us that is juniper & has already fallen we just need to gather it up. Plus there are wooded areas nearby too for wood supply. Water is a well.

Sounds like a great place to live, good for you! I also like the fact that you're a fair piece away from Phoenix. I want to get farther away from major metro areas.