Canada Hyperinflation

[bgmb]

One of the few things hyperinflating in Canada is farmland. Must be because farming is so shitty here and also all the fungicides and roundup we use causing damage to the soil.

[furrowtickler]

One of the few things hyperinflating in Canada is farmland. Must be because farming is so shitty here and also all the fungicides and roundup we use causing damage to the soil.

Lol 🙄, better look below your feet as well.
Time will tell how long this farm land thing goes lol

[bgmb]

Lol 🙄, better look below your feet as well.
Time will tell how long this farm land thing goes lol

No doubt most of the land inflation has already happened. I wouldn't be surprised to see a slight correction in some areas esp lentil areas.

[furrowtickler]

Low interest rates will most likely dictate that , it’s seems the ebb and flow of real Ag is meaningless today. If interest rates do rise 2 % or more the big money will be out and then a correction may happen.
It will take a real shit show to dampen land values IMO. It never happened after the 200-2004 period so time will tell.

[furrowtickler]

Sorry , 2000 to 2004 period in western Sask to clarify.

[tmyrfield]

Low interest rates will most likely dictate that , it’s seems the ebb and flow of real Ag is meaningless today. If interest rates do rise 2 % or more the big money will be out and then a correction may happen.
It will take a real shit show to dampen land values IMO. It never happened after the 200-2004 period so time will tell.

I started farming in the party of the late seventies.....this time it'

[tmyrfield]

I started farming in the party of the late seventies.....this time it'

different.


They aren't making more land.
More and more people to feed.
Iceage coming food going to be hard to produce.

all of a sudden
more food than we can ever eat.
land is way over priced
inflation is taking away all our wealth
we need to increase interest rates
it takes a whole generation to get through this cycle.
throw in a bunch of shitty crops with really shitty prices...
30 year olds suddenly become 60 .
gawd where did my best years go ?
Well I'm still healthy and have my sense of humor as warped as it is....
and still doing what I love!
It'll get better!
Stay true to yourself and know that tough times make tough people!

[furrowtickler]

different.


They aren't making more land.
More and more people to feed.
Iceage coming food going to be hard to produce.

all of a sudden
more food than we can ever eat.
land is way over priced
inflation is taking away all our wealth
we need to increase interest rates
it takes a whole generation to get through this cycle.
throw in a bunch of shitty crops with really shitty prices...
30 year olds suddenly become 60 .
gawd where did my best years go ?
Well I'm still healthy and have my sense of humor as warped as it is....
and still doing what I love!
It'll get better!
Stay true to yourself and know that tough times make tough people!

Yup , it is what it is in this business of farming. But what we don’t need is people / ideals and or government regulations shitting on us continually that don’t have a clue as too the stress we all go through to support thousands and thousands of people and jobs .

[furrowtickler]

Most of us go through a tremendous amount of stress from day to day in regular farming activities let alone being attacked daily from outside forces that have zero common sense as to how we try to make a living. That’s the frustrating part.
End of the day too many are trying to take far too much from us primary producers that take all the risk . That needs to change .
Most of us in 40% of western Canada have already lost a huge amount of potential income to Mother Nature, we don’t need to get fuked over even more.

[tmyrfield]

furrow...AMEN

[Ache4Acres]

Inflation is a funny thing. Peoples memories are too short and they get old too fast to put it all together. Then technology advances and industrial manufacturing mechanization skew away inflation through lower quality mass produced goods.

Some of the best examples of inflationary measures are actually consumer services and leisure experiences.

Tell me what a rider game ticket cost in 1970 vs today? What was the cost of a ladies haircut in 1970 vs today? Round of golf at TorHill in 1979 vs today?

Inflation is needed to keep the economy “growing”, modern fiat money needs inflation to function.

Money has lost 90% of value in last 80 years and that is only accelerating. Anyone holding cash right now is destined to lose virtually all of it in the. Next 50 years. It will be inflated away.

There will never be major extended deflation again, that is a scare tactic to keep people from rebelling. If the markets turn sour modern governments have learned to print their way out of any mess. It works because every country is printing like mad and all currencies are racing down but relative to each other there is some fictious stability.

got bitcoin?

[furrowtickler]

Inflation is a funny thing. Peoples memories are too short and they get old too fast to put it all together. Then technology advances and industrial manufacturing mechanization skew away inflation through lower quality mass produced goods.

Some of the best examples of inflationary measures are actually consumer services and leisure experiences.

Tell me what a rider game ticket cost in 1970 vs today? What was the cost of a ladies haircut in 1970 vs today? Round of golf at TorHill in 1979 vs today?

Inflation is needed to keep the economy “growing”, modern fiat money needs inflation to function.

Money has lost 90% of value in last 80 years and that is only accelerating. Anyone holding cash right now is destined to lose virtually all of it in the. Next 50 years. It will be inflated away.

There will never be major extended deflation again, that is a scare tactic to keep people from rebelling. If the markets turn sour modern governments have learned to print their way out of any mess. It works because every country is printing like mad and all currencies are racing down but relative to each other there is some fictious stability.

got bitcoin?

You make a great point but it what has happened just the past 5 years that concerns me the most . Just think a bit about that . Two ticks up intrest rates and it’s all fuked IMO.