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The Saltwater Chronicles. Preface.
This is the objective. It’s simple. I love finding things of value. I always have. I have often found myself wondering how big Buisness gets started and the answers are often more than not very simplistic. The main reason, I discovered over time, was that big Buisness is successful is because they have something people need or the have something people perceive as something they need. For example. Apple produces and sells electronic consumer products that customers perceive they need, they don’t really need them, it’s more of a want then a need, so it’s a perceived need. However K and C the company behind table salts around the world produce something we need and that is salt. Yep, Simple salt. Before you start pounding comments into the comment bar with your disagreements about humans actual need for salt it must be stated that without salt humans die. There, I said it. That’s a fact. Did you know that the Aboriginals of Australia had to mine rock salt from the earth in the middle of the Australian Pilliga forest in order to survive? Mind you they were at least 1000 kms from the sea so they had to get their salt intake from wherever they could get it. This included the Salt bush, which was another source of salt for the aboriginal people. Salt bush was simply picked from the plant and chewed, it tastes salty for anyone wondering…. So there’s two examples of humanities struggles to fulfil its’ need for salt. Another is possibly more well known. Are you familiar with a man by the name of Mahatma Gandhi? Well, he lead a mission across India in the 1930’s to harvest sea salt from the ocean? Why? Well because without salt humans die and for some reason the British decided to attach a tax to all salt purchased within India. They were essentially taxing Indians right to have an essential product for life. As a result Gandhi marched to the ocean and in an act of defiance he simply started to harvest the salt from the water itself. He was arrested for this act as were sixty thousand other fellow Indians. What a world. Here I was thinking this whole time that the British were the good guys in the story, turns out they were actually giant salt taxing twats. No surprise really. Another one of my heros undermined by their deviate past lives. Anyways, back to the value of salt. As you can see people will do just about anything to get it if they can’t access it. Therefore it has real value. In fact, salt has been used as currency for trade in societies more than once. It is indeed a tradable commodity and therefore a true store of value. Now, I have always struggled to make money. I mean. I work hard for a living. In fact there was a time when I was punching out eighty hours a week but making money by selling my own labour is a shit way to make money. Think about it like this. I trade my time that I only get once for a bag of peanuts. What the actual fuck? I mean realistically my time is traded for more than a bag of peanuts but think about the value of what I trade for these peanuts. Time really is of the essence. Every second that passes is a second you will never get again. And here we all are, trading this priceless commodity for bags of simple hypothetical peanuts. Better yet, did you now that because of inflation these peanuts are worth less next year then what they are when you initially received them. Yep, that basically means the following. If you received one hundred dollars doos for working and you stashed this under your mattress than you have just saved one hundred dollarly doos. Simple right? Well not really you see if you were to remove that one hundred dollars doos from your mattress in one year it would only buy you Ninety Eight dollary doos worth of goods. Yep, if this is something you have done and you probably have, it’s also known a saving than you have experienced the Magic of inflation. But it’s not really magic, it is in fact manipulation of the fiat currency system we are all slaves too. Didn’t quite understand what I just said? Having troubles comprehending my words? Well, that’s the way they want it. Basically put the government of world powers strive to achieve two percent inflation each year so that paying off government debt gets easier over time. To put it plainly. One hundred dollars today will buy one hundred dollars worth of potatoes today. But in one year that same one hundred dollars will only buy you ninety eight dollars worth of potatoes. Yep. How’s that for simplicity? But why is this I hear you ask? Well, that’s because of market dynamics. Simply put, the more money a government prints the more inflation that finds its way into the system. In fact you might be aware of a country called Germany. Well Germany went through a period of inflation right before World War 2, in fact it helped cause World War 2. In fact, to be truthful, Germany actually went through a period of Hyper Inflation. That is to say that instead of one hundred dollars buying ninety eight dollars worth of potatoes next year it would only buy fifty dollars worth of potatoes. This has happened more than once. Germany is far from the only example. Eventually any nation that has diluted its currency too far risks hyper inflation. Welcome to my world. Sometimes ignorance is bliss but knowing just how much your government is screwing you is calming in some ways. You see, that vindication you feel is deserved, you were right. The government is screwing you, just like you always suspected. Now back to the value of salt. In Ancient Rome if you were a hard worker than it was said that you were worth ones salt. Yep, you weren’t worth ones fiat currency or worth ones Bitcoin you were worth ones salt. And that’s because salt was sometimes paid as wages and that’s because it has actual value. I can’t express this enough. Salt is real money. Money is real salt. And it for this very reason that I have decided to become a salt miner… Now, if you’ve hung in for the duration of this podcast I must thank you for being here. I appreciate the fact that anyone listens to anything I’ve got to share. I truely value my listeners and you know I don’t lie because I understand what value is and now hopefully so do you. Now, my plan is simple. I am going to harvest sea salt from the ocean one bucket at a time. I am going to learn how to process this sea water to refine has many products of true value from them as possible. By doing this I hope to share with my listeners a unique insight into what value is and what it takes to extract value from something as simple as a bucket of seawater. Sounds exciting right? I’m sure that if you give me a chance to explain in the upcoming episodes you will never look at the ocean the same way again. Thanks for reading! Please subscribe to my YouTube channel, simply search for Micheal Farmer. I need all the support I can get, your comments have real value to me! Please feel free to ask questions or if there is something that is not quite factual about what I have shared please correct me accordingly! Until the next episode continue being worth ones salt!
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Micheal FarmerI am curious with how things work and disappointed at how well some things work. If it has problems, I like to understand why the problem exists and perhaps find ways to fix these problems. Archives
May 2021
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