Formerly NE North Dakota, now NW MN | Take it a slightly different direction.
To start, I'll paraphrase a story once related to me by a pretty influential guy.
The story is about a farmer with no heirs. He was middle aged and everything seems to be going well, so he held a little crop back every year. Finally one summer he was pulling cobs and realizes he has an absolute monster of a crop coming, he did some rough math and realized basically, he was printing his own lotto ticket.
He sold all the grain he had in storage to free up some cash, tore down the old wood elevator, put up some giant tin-cans, and since he was doing a bunch of construction anyways, he built himself a giant office building with a walk-in safe. Harvest came and he more than filled his new storage, so he sold whatever he couldn't store, and bought gold with those proceeds, which he promptly stashed in his walk in safe. By Christmas time he put all his land up for rental bids and told himself between the land rent, gold and grain he had saved up, he'd never have to work again.
And then he died. He never saw the new year. |
Hyperinflation? Or, as this article says . . . ??
