FOMO Food Not Coins
I've been thinking about how people will quickly FOMO into some asset, coin or token because its purchasing power is increasing, yet very few people seem to do the same thing with food. Why is that?
My guess is that it's because one is much easier to attain than the other. You can buy coins, crypto, silver, gold and copper bullion with a few clicks. Producing food requires land, seeds, water, time and work.
You can even start producing some of your own soil. Hugelkultur can work in a lot of places, using things like logs, branches, leaves and other organic material that would otherwise just be waste. Over time you're turning that into fertile soil instead of having to constantly buy bags of soil and fertilizer. It can all be done is some corner of your back patio.
You can also start turning things that would normally be garbage into fertilizer. Kitchen scraps, leaves, grass, cardboard and other organic material can all become part of your compost. You're slowly producing some of the inputs you need instead of constantly buying them.
Water is another one. Rainwater collection, mulch, shade and efficient irrigation can reduce how much water you need to use from the tap. You don't have to eliminate your dependence on everything at once. Even reducing one input is still reducing your expenses.
You don't even need to grow a wide variety of plants. Grow one, two, three or four things you already eat, in the space that already have available. Tomatoes and chile, for example. Tomatoes itself can even produce an abundance, and once you have more than you can eat, you can preserve it, sell it or trade it for other food you need. What you sell you can invest a portion to reduce your food bills and buy more things to invest into your stocking strategies. Mason jars for example just to name one.
You don't have to replace the grocery store either. If you can produce even 5%, 10%, 20% or 30% of the food you normally buy, that's food you no longer have to purchase. You can start small and expand as you learn what works.
Eventually you aren't even buying the seeds anymore. Your plants are producing the next generation of seeds. Some plants can keep producing year after year without starting completely over either.
You're not just stockpiling food, but building the ability to produce more food. You're also building some of the soil, fertilizer, seeds and other inputs required to keep producing it.
That seems like a much more interesting investment to me. Better than FOMOing into something because you think its purchasing power is going up.
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