Who says you have to grow food outside?

Why Gardening is the Best Hedge Against Inflation

By ColdHaven | GardenFox | 21 Jun 2021


One thing I see argued time and again, whether in the stock market or in crypto, is the valuation of currency. Rapid inflation threatens to weaken the dollar, which is the basis for business around the world. In recognition of this, other countries are scouting another means of currency. Some wager on gold and others in crypto as a hedge against this uncertainty. Many forget about the ultimate hedge against inflation which is literally right under their feet.

How inflation works, in simplest terms, is when the dollar becomes devalued it makes the cost of everything more expensive. Some have referred to it as a hidden tax. Outright theft is what I call it. Goods and services increase in price, while everyone's paycheck remains the same. That is if you are in the 99%, anyway. This causes a problem. Effectively, the government has reached into your pocket and made a fraction of it worthless. 

However, one potato equals one potato. And you can eat it. How well is a hedge against rampant inflation when it's locked in a vault you can't get to, and you're going hungry? You can't withdraw Yukon Gold from an ATM, but you can grow them in the ground.

With as much work and research as it takes to make a rational investment in a company or a crypto, you can easily hedge against inflation—well with a literal hedge of fruit trees. You'd be surprised how much produce pops up from one or two seeds. I sowed two eggplants in February and already have harvested five pounds and expect much more by the end of the season. With an average of $2 per pound, that equals $10 worth of food to date. That's not including the other vegetables and herbs in my garden.

Dabble in it. You don't have to go full-farm. Just like you don't have to quit your job to be a full-time stock market analyst. Get one or two ten gallon grow bags and put some taters in them. They take little care, and three months later, you've got more potatoes than you put in. It literally pays in dividends. Except, the payout is equal to the effort you put into it.

Heck, don't have enough money because crypto is back to where it was at the beginning of the year? Grab a soda can. Turn it into a miniature herb garden. Cut open a milk jug. Put some dirt in there. Grab a few seeds and water them. Give them plenty of sun, or lacking that there are inexpensive indoor lights. Within a couple of months you'll have something you can eat. Do that in succession, save the seeds, store the produce in cans or such, and you've got a near a continuous supply of food. You can't get that kind of APY guarantee from staking. 

You think you like seeing residual income, wait until you take that first bite. You might find the feeling of having a garden as rewarding as your portfolio. Heck. You might get addicted to it. After all, one potate will always equal one potate.

And they taste a lot better than paper or gold.


What is your best hedge against inflation? Leave a comment and let me know. And, feel free to ask questions in the comment section too.

If you liked this article, please consider leaving a tip. I also accept DOGE, Ravencoin, and BAT, if you feel like leaving more.

Thank you for reading!

 

 

DOGE

DOGE

 

 

 

 

 

 

Ravencoin

Ravencoin

 

 

 

 

 

 

 

BAT

BAT

How do you rate this article?

10


ColdHaven
ColdHaven

Science fiction writer, gardner, and gamer.


GardenFox
GardenFox

How-to's, projects, and reviews of practically everything that goes on in the garden.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.