w1891 - 5/5/2024 20:26

There is no Goldilocks scenario where farmland is “safe” during an economic blowup. Fear and flight to safety would cause deflation and economic lockup. Yes people need to eat, but land owners will need income more than flight to some sort of safety. A major economic contraction would cause buyers to dry up as they stay liquid in cash and equivalents. Just like most farmers wouldn’t want to spend with sub $4 corn, investors don’t want to spend on things like farmland.

And no the US isn’t anywhere near hyperinflation and anyone who says that doesn’t understand hyperinflation. Anyone making the “next Venezuela” comparison needs to not be listened to. Hyperinflation does not come from simple debt issuance. The US economy would have to basically cut in half or more and then the continued issuance of government debt at higher and higher levels.