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Crypto did things...same things fin tech startups try to do. Governments put it in a legal and tax grey area where it does nothing. At least it can't do anything legally. 1. Investment - can't be insured and banks mostly can't even work with it. 2. Anonymity - you need to record and declare any and all transactions. 3. Cheap payment - you need to pay tax on every transaction (it's not money you are trading). 4. Replace banks - 1,2 and 3 + only regulated institutions, AKA banks can work with it(1 makes it satire).
They don't buy lands, they steal them from people. They acquire lands by causing events like the one in Maui. Weather manipulation is the true source of their richness.
i think it is more simple. There is not much else to dump excess unused cash. If farmland beats inflation or matches it then it is more than good enough. The 1% rich just have too much wealth than logic, it defies reason.
There seems to be trend going on in the US where the powerful are systematically removing regular people's ability to make a living, accumulate wealth, and to just generally exist independently. Cooperatively letting wages stagnate, buying up residential real estate, rapidly raising prices of essential goods, aggressively pursuing technologies that remove the need for human labor, consolidating industries that used to be run by lots of small businesses, and now attempting to control the supply of food. All the while the government, who is supposed to put its foot down and advocate for people who work, is doing nothing except make it easier for this plan to move along smoothly.
If there's one thing I love/hate about this channel is its willingness to flatout tell you how incredibly fucked up shit is. Terrible for my mental health but it's important to be informed about these things.
They're called landLORDs for a reason. Historically feudalism transitioned into having more rights for the Lord's due to their power and prestige, like with the Magna Carta. This type of power change established fee simple private land ownership, creating more legal rights for landlords.
Yes. Rentiers are the foundation of feudal economies. Adam Smith the father of capitalism advocated a tax on rentier incomes. He was arguing against feudalism at the time
"The rent of land, therefore, considered as the price paid for the use of the land, is naturally a monopoly price. It is not at all proportioned to what the landlord may have laid out upon the improvement of the land, or to what he can afford to take; but to what the farmer can afford to give." - Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations, Book I, Chapter XI "Of the Rent of Land"
“all that toil, all that anxiety, all those mortifications which must be undergone in pursuit of it [excess wealth]; and what is of yet more consequence, all that leisure, all that ease, all that careless security, which are forfeited forever by the acquisition”
@@HowMoneyWorks That's a great quote. It shows how wealth inequality isn't just about money, it's about a severe inequality of the quality of life. Where people are exploited into toiling their body into dust while billionaires extract the leisure power of wealth from these hard-working people. I love the channel. I would like to request a video on cooperative economics, the Evergreen cooperative in Cleveland or the city of Preston might be two real world examples to look into ✌️
“Ground rents are a species of revenue which the owner, in many cases, enjoys without any care or attention of his own. Ground rents are, therefore, perhaps a species of revenue which best bear to have a particular tax imposed upon them”- Adam Smith. Father of capitalism.
@@Jim-m3z There are areas of development going up around me and I see the still vacant lots and I just think about how their value is increasing due to the work of other people. Land value tax is an important way of allowing the community to capitalize on the spillover value (positive externalities) that the community creates... But I'm sure you knew this already 😜
I swear to god if Adam Smith were alive today he'd be a raving communist with the way late stage capitalism has progressed. He was wise enough to know what aspects of capitalism are very very bad and the incentive structures behind them, but failed see that those aspects are the natural, logical endpoint of the economic ideology he ascribed to.
The vast majority of land is of little value though. The us government owns so much of the land that it artificially restricts supply. I don't think a farmer can legally build extra houses on their land for their adult children and families
@@kennethoneill4176 I think a lot of the land the US government owns is either nature reserves or marginal land though. Probably the number one thing that limits supply of land are overly restrictive zoning laws that artificially force people to use more land than they actually need.
@@Ely-zf4yt look at both as the way to artificially increase the value of the land that can be developed. Also why in the USA we can’t build walkable cities. Or it’s not worth building small houses . Farmland is as wonderful and reliable an investment now as commercial real estate was 5 years ago and big shopping malls where 20years ago . Falling prices of solar will eliminate biofuels and as soon as lab grown meat becomes commercially viable. Much of the land to produce livestock and the land used to grow feed for livestock will rapidly lose value
"In sector after sector, whether it is finance, agriculture, energy, defense contracting, media, transportation, health care, or Big Tech, a small number of huge, multinational corporations control what is produced, distributed and sold." - Bernie Sanders
@@gophtheengine6185 it is similar, but it is actually still late stage capitalism.
3 месяца назад+9
It's feudalism, except for all of the things that define feudalism. None of you dorks want to be farmers. You just hear that rich people are owning land and you're big mad. But you never wanted to be a farmer in the first place.
You neglected to mention one of the biggest reasons why farming and farm land are so attractive as an investments - tax deductions galore. Most businesses can only write off losses against income generated. Active farming can write off against ordinary income with no limits. This is part of why so many farmers have very luxurious lifestyles and can still claim to live below the poverty line.
I'm new to tax deduction systems in the US: what do you mean by "ordinary income with no limits"? My understanding is that nobody can spend 100k and get the same amout back even if they generate less that 100k in yearly revenue
@@mattwhite9046 generally, I agree. In the context of large investors buying hundreds of thousands of acres, it's an important distinction. They are acting as landlords, and this don't reap all of the mentioned tax benefits directly.
It's been three years since I moved out to the countryside, and while inflation has made it tough to keep up the lifestyle I was used to, especially when I was living in the city. Moving here has made things more manageable, but the loneliness does creep in sometimes since most of my friends and family are still caught up in their city lives. It’s also sad to see how many family farms are already sold off, especially with the younger generation not as interested. I just hope I can stretch my savings long enough without seeing everything change too drastically around me
I’m nearing retirement myself, and I had similar concerns. I started investing later than most, and just relying on ETF compounding wasn’t cutting it for me. After working with a financial advisor, I managed to restructure my investments and am now on track to retire with around $5 million. If I hadn’t sought advice, I doubt I’d be as confident in my plan right now
I usually steer clear of recommending specific people because financial needs are so personal. But I can say that working with Emily Ava Milligan has made a world of difference for me. I noticed her strategies are tailored to fit personal goals and make sense for different needs. It might be worth exploring to see if her approach resonates with you
@@HowMoneyWorks I despise goons who pull out us smaller companies as a shield to hide behind when they want something and then shove us aside. Then we get to sit on the side and think "Well, we got something... But Heineken got a lot more."
Many Farmers are already stretched to make a profit with land and equipment prices so high. I can't see farm values continuing to rise indefinitely due to this.
You would think so, and you may be right, but many of these investors are speculating on the land, the profitability of the farm is very much secondary.
That's why if you want to buy land you need to have another job. In his video show per acre at 4000 but I've seen land go for way more than that. It really depends on how much you buy 200 acres is cheaper than 40 acres. Paying with cattle for land and also having money for yourself is impossible.
Generally when speculators latch onto some asset class is bad news for everyone else involved, especially the direct users of those assets because the investment activity is wealth extraction and does not care about quality of underlying products and services, let alone human dignity or rights and there is no value creation at large and what is created is the cheapest, worst, just about to meet minimum expectations kind of garbage... see housing market. People live in urban slums because the speculators bought up your city and people can't afford anything decent and what is even worse, the most vulnerable people: young people are forced to pay off some landlord's mortgage or just simply fill the equity firm's pockets instead of realizing equity and building wealth by owning the house in which they live.
12:27 "it's like crypto, only instead of doing nothing, it feeds the country" Au contraire! Crypto offers us so much! Caveats, cautionary tales, modern day Greek tragedies, maybe we'll even get some morality plays someday!
Putting money into mutual funds provides a systematic and varied method for growing wealth, overseen by experienced fund managers. Although there are expenses and certain restrictions, the advantages of diversification, professional oversight, and easy accessibility contribute to the popularity of mutual funds in reaching different financial objectives.
Exactly, I used to doubt the value of a financial advisor until my wife's company assigned her an investment adviser in 2020. Honestly, it’s been the best financial decision I’ve made. It helped tremendously; I went from barely making any profit to having a well-diversified portfolio that has grown significantly, with gains exceeding $850k.
I have Karen Marie Gendron as my financial adviser. She has a solid reputation when it comes to diversifying portfolios and making. Them less vulnerable to market downturns. She may be a name you are already familiar with from Newsweek.
The nice thing about land and food markets is they really don't change that much over time, making it really easy to draw parallels between what's happening now and what happened in the past. My biggest concern is that, unlike the consolidation of farms we saw during and shortly after WWI, the federal government has so many farm subsidies and price controls in place that we could end up spending an enormous amount of tax money to keep these firms solvent and prevent a food market crash.
That's the plan. But it's not going to just crash the food market it's going to crash the system and dollar as a whole that's why there trying to force everyone onto CBDC's. Even that's not going to help when everyone is forced by nature to eat and they can't afford to so there all growing there own or dying. Ether way it's still going to bankrupt everyone and greatly reduce the amount of labor in the country by a lot.
There's a phrase from a Mexican revolutionary: "La tierra es de quien la trabaja" - which translates to "The land belongs to those who work it" - hopefully farmers can one day bear witness to its meaning.
This is one of the main tenents of communism: Workers own the means of production. It would be nice, but it’s never worked that way in practice in communist countries like the Soviet Union and China. The fact was the state owned and controlled everything, to the detriment of all.
We need to feed 8 billion and counting and you can't do that with family owned farms you need machines which cost a lot of money and which are only cost effective when used on huge farms. It's not the early 20th century when you had less than 3 billion people worldwide and small farms and small tractors were enough.
I work as an agricultural appraiser, and I can’t wait to do something else. There is so much incompetence and fraud in farm finance that it blows my mind. That may be one of the reasons outside investors are so interested in farmland: the ease at which the system can be abused with no consequences.
This is why policies that help average people purchase and keep their own property is SO vital to keeping our freedoms. Give people major breaks on their first 1000 acres if they live on site. Make the workers the shareholders of larger operations. I’m not a policy wonk, but there are solutions if we actually talk about it.
I feel like the "inefficiency" is more so the profit margin. You need more people for the same bit of land if you are a small farm than a big one, but the crop yeild per acre is probably on par (maybe even better in the long run if the small farm is farming sustainably).
Don't put all your eggs in one basket; instead, diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor.
Opting for an investment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2023
Sharon Ann Meny is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Michael O'Leary the CEO of Ryanair (Europe's biggest airline) purchased two farms last month (costing almost four million euro). This is on top of the approximately 2000 acres of farmland that he already owns in Ireland.
@@williamfarley3794 I'll give him (Mr O'Leary) credit in that he pays all of his of his taxes in Ireland. My take on this is that the elites know that there's going to be some kind of economic shock (recession, depression, stock market crash etc.) and that they are hedging their bets with tangible assets (land etc).
Dude, look around. All across the world we have average housing costs rising not because of local demand but because it's considered a safe investment no matter who you are. Do you really think we should be treating local farms the same way?
As an Uruguayan myself that likes reading the US news, how do you people do not protest against this? The top 1% is owning more and more percentage of your houses and now they are going for your farms too, what is going to be left for the working class?
Because most americans are not farmers and have no idea about any of this, or even where their food is from. This is also an issue spread over many US states in an area bigger than almost all of south america (minus chile and argentina). If americans are going to protest anything it will be something that directly affects them.
The US has mastered propaganda to a degree we South American countries never had a chance to. There's a non-insignificant chunk of the US population right now that unironically believes trans people getting free surgery is would be a greater threat to their personal economic stability than having 300 people own every service and consumer good they rely on. We need to cherish our education systems and democratic institutions. They're not perfect, corruption here in Argentina has gotten so bad that fucking Milei got voted in, but we still have enough time to maintain and improve our systems before this kind of propaganda gets to us and our children and we truly can't see the bigger picture anymore.
@@slimjim2584 Its so funny you saying that "is an issue spread over many US states in an bigger than almost all of south america" when the US is actually half the size of South America (the contiguous 48 area is smaller than Brazil alone, and Brazil only takes 47% of South American land area)
I believe Uruguay h as the same issue. Only a few families own a large swath of the farmland. They also exert a large amount of influence over the government. The land owners in the US has less political clout.
I remember a time institutional investors tried to make a lot of money pushing the value of real estate up hoping it would never go down. I also remember it didn’t end well
Can't help but think that if this trend really picks up in the rich and wealthy, it could result in a sub prime crisis since the banks and the investors don't really care about the productivity of the farmland, just that the price of land is increasing.
The problem is that those investors are not farmers, let alone competent farmers. They fail to realize that they create stranded assets because their very own high-tech, margin-improvement "investments" are ruining the land so it will be completely without value in less than their remaining lifetimes. Their short termist strategy also only works for those large commodity crops - none of which is actual food. So the more of the market falls to them, the greater the margins for anyone actually growing food get, while they compete within themselves and ruin those economies they so desire.
At this point, I'm attributing malice. There's no way these people aren't smart enough to know the end effect of using homes and farmland as investments.
If anything I've learned in life, is that anyone who's successful knows what they're doing and may even thoroughly enjoy it. Anyone in their right mind would stop themselves from scamming if they had a moral compass. But everyone is different, and some people are not interested in morality whatsoever. Billionaires are not interested in equality. They love the green, the power, and control.
Long time listener of your channel. I'm actually an expert in fields you are discussing in this bit. I have a request for your next video, the Gell-Mann Amnesia Effect. I'm feeling that real hard right now and it's leading me to question literally every other thing that has ever come out of your mouth. Here is a breakdown of my issues: 3:08 - Gains tremendous efficiencies? Show me that research specifically. Also, what efficiencies are you talking about? Energy in / Energy out? Costs/Revenue? Human labor/Revenue? Human Labor/Production? 3:16 - "A 100 acre family farm is going to have a lot of the same fixed costs as a 10000 acre commercial operation." Note: Any small farm is going to produce a smaller amount of much higher quality goods. Large operations live almost exclusively on low quality commodities. They are hard to equate. 4:32- Where the fuck do I start. First, what McKinsey doesn't understand about ag would write the book on ag. "Less than 5% of farmers adequately investing in next gen tech." Tech has to more than pay for itself, which very little of it has the ability to do. Also, that source you referenced deals with orchards and vineyards, both high capital ag businesses. Your statement that fully automated systems could quadruple returns on the farmland, is literally not what you highlighted. It said it could double to 4x the investment in automation in orchards and vineyards. Way different than changing the cap rate. How money works should damn well be able to notice the difference in that language and the economic and financial implications of that. 6:38- "They can rent it out to actual farmers." First of all, cap rates have been hovering around 2ish%, meaning if you invest today, you are probably losing to real inflation and that is after buying into an inflated asset. As is noted by the bloody 2ish% cap rate. Meaning, they ain't renting to no one unless they want to lose money. Any investor in this space had better be banking on continued asset inflation, because real returns don't exist by and large. 8:15 - You are right about leveraged buy outs. You are wrong in your loss/risk ideology. 10:06 - The support programs have not been wound back. They simply are not kicking in right now. Their business model was never viable. It was always dependent on outside capital. 11:05 - Just nonsense. Half right, half wrong, all useless. 11:30 - Gates has invested almost exclusively in the highest quality farmland. Ted Turner has routinely bought up lower quality land that has almost no ability to be cultivated. Check the total invested. Those units matter more.
the problem (as always) is that when this criminals, I mean investors start buying the land, the value increases, and they take loans based on the increased value. Which isn't the real value. Sames as 2008, if the prices crash down, you're done. Except that you ruined the lives of millions of people in the process.
It's basically printing money. Doesn't this also contribute to inflation? I hear no one talking about that. I guess because supposedly it's "real value?" Not with all the speculation and overvaluing of tech companies and real estate.
3 месяца назад+2
You didn't predict the 2008 crash, so why on god's green earth should we treat any of your other predictions seriously?
What I was in the core one of my guys was a farmer and he told me that a lot of the newer technology people refuse to adopt.. because adopting it means you basically have to sign a contract with manufacturer manufacturer makes you do a whole lot of s*** you don't want to do. And then when things break it's the cost of an entire harvest to repair it.
My biggest worry is mostly in giving food, the most necessary resource for humans, to major corporations. These kind of people seek mostly profit, which theoretically could mean innovation and progress, but as we've seen recently, mostly means cutting costs and milking consumers. And when it comes to food, they could milk us as much as they want and we don't have a choice.
Whiny spoiled consumers may not feel this way while spending less than 10% of income on food, but Food in the US is incredibly cheap. The US is the only continental nation that remains a net food exporter because of our surplus land, generous subsidies, and favorable regulatory environment. The federal government has tremendous incentive and leverage to keep consumer prices low.
We have a choice. They did this after world war 2 and people that lived grew there own food. They see it just like labor. They don't need your belly's there's a whole world with belly's but that world is turning on them too.
Food at least has a natural limit on greed, as the French aristocracy learned in 1789. Right now the common people are pacified by mindless television, social media, cheap junk food, and just enough illusory advancement to keep people working for corporations. We're in a panem-et-circenses Roman decline phase akin to the late fourth or early fifth century before the barbarians showed up and started wrecking shop in earnest in 410.
I remember this one! there was a wall street guy who bought all the onion shares in the country and dramatically crashed the price of onions and now you still can’t buy onion shares because Congress put a law on it
I highly doubt these huge corporations want to make the costs of food items cheaper. If anything, they will use the lack of competition to drive up prices. The money saved from the economics of scale would go to their pockets.
The reason economy of scale has higher margins is because you can produce more with less people. So, where would the remaining people go? Not their problem.
3 месяца назад+1
Hey dummy, food crops are commodities that get traded on global markets. If you produce more crops, the price goes down. You don't get to set your prices because you don't seel directly to consumers. Everyone in this comment section is so aggressively ignorant.
The main thrust of Federal agricultural policy since 1934 has been to prop up food prices because efficient food production is tantamount to flooding the market and sending prices (and therefore profitability) into a death spiral.
So basically it's land speculation with a business. Damn... That's depressing. Edit: Honestly, I'm seeing this evolve into a housing business structure in the future. But they'll make sure it's going to be slow so they boom up the prices.
I have a $40,000 portfolio as a young amateur investor, but I find it difficult to get confidence. I want to invest an additional $20,000 over the course of a month, but I want to do it strategically so that I may continue to grow and not stagnate. Do you have any recommendations for stocks?
I'm not giving you any specific advise, but I can tell you that it's not as difficult as most people believe. Having a financial counsellor on board is typically quite advantageous because average investors lack the necessary level of investigation. This is how people make huge profits in the market.
I concur. The market has a great deal of promise. Despite my scepticism, I followed up with the financial advisor my friend recommended in 2021. At last, I had enough money coming in each month to leave my dreary work and follow my goal of opening a restaurant in New Jersey.
That's fantastic. I've attempted to employ a financial advisor by doing some research on my own, but it's somewhat daunting. Would you kindly suggest the people you collaborate with?
I can’t fathom the greed of these rich people. What a waste of life and time. Accumulating money when you have more than you would ever need. Suffocating common people for the basic needs so that there are extra billions in their bank accounts and net worths. Insanity.
A few groups bought land in my area of Saskatchewan. It was sandy, stony, terrible land. They have tried to rent it 20% above the good land prices. It ia now a big patch of thistles, poplar saplings, and scrub brush. I imagine it will stay that way for years to come. At least the deer like it
Buying land is a way to dump liquid assets to avoid taxes. Just invest in the real estate. If it takes a loss then you don't have to worry about capital gains tax. They do the same thing with stock options that these CEO's are getting plenty of. They just make sure to sell the stock at a lower amount then what it was when given to them so it comes off as a loss rather then seeing it as them just pocketing $100 million
I have been calling for years for a confiscatory property tax on any residential property that is not the owner's primary residence or the primary residence of its tenant (don't want to disincentivize the construction of apartment buildings because that's how stuff like Seattle's housing shortage happens, with full-time-employed people sleeping in homeless shelters. The "primary residence of its tenant" is basically me calling for an Airbnb tax to make it non-economically-viable.) Looks like it's time for a confiscatory land tax on non-owner-operated agricultural land. Heck, at least ConAgra's farming the land they own.
@@L154N4LG4IB I'm in favor of heavy taxes on anything that falls under the category of what I call "creating money without creating real economic value." I also believe that all legal doctrine should pass two simple tests: The duck test (if it looks like a duck and quacks like a duck, it's a duck) and the Miller test (I can't define it but I know it when I see it.)
In the UK we have Council Tax which is a tax that's controlled by and paid to your local gov. One of the counties in Wales has put a 300% surcharge on the council tax for 2nd homes.
Yeah, because it's become a very technical process to mass produce market seed with reliable results. You're talking about hiring literal botanists and geneticists to produce new breeds. Smaller seed farms can sell to gardeners and some small farms for the oddity factor, but only massive companies and universities are producing the main market seeds.
@@butterfish-g9fit’s a mixed bag, no doubt supplying the amount of seed needed by large farms is no easy task, but the companies doing so have also leveraged IP law to ensure you have no choice, you can’t collect your own seed, you can’t create your own variants using their seed, and a whole bunch of other constraints that make it difficult to pursue an alternative even if desired
@@SkigBiggler I mean, you can collect your own seed, but most farms don't do that because it results in crops that are more variable and not desired by most of the market. Think of your typical grocery store where all the fruits are largely identical in shape, color, size and weight. Seed producing operations pretty much only make and sell seeds. Your farm environment is very controlled and micromanaged more like a lab. I will also add that patenting seed is a very common thing, both by large companies and smaller breeders. You cannot just collect and sell a specific breed of crop if it has a patent from a university, an established seed breeder or a company. In the case of larger company's seed, you are often taking advantage of expensive genetic selection and splicing for exact traits. Yeah, they don't take that lightly.
Most small farms have a capitalization rate of 3%. I grew up on and around farms. For small operators there is almost no money in it. My family made the transition from farming to renting of the land to farmers, and some farms in the family were small and so unprofitable as to operate at break-even or a loss, and so they get sold to larger farm companies.
As someone who moved to my in laws' family farm a few years ago, you are spot on when you describe farms as first and foremost a real estate business. My in laws have built up six rental properties on the farm that are far more profitable than the land itself, and I am constantly pointing out to them that they are in the rental business with an attached farming operation, and not the other way around.
Remember the shark tank episode where the person was making something to help farmers, and the dudes holding all the money were telling him they would only buy-in if he doubled the price. "But these are FARMERs" he would repeat incredulously. He knew these would be long-term business partners and deals that could span multiple generations. But to the 'business men' they were people to exploit like any others.
It makes products cheaper for the consumer. You say you want small farmers then you will freak out and elect the other guy the second good prices go up.
@@badart3204 I didn't really say any of that. If you care what I think, though, I'm of the impression that the economy of scale has surpassed an optimal point of returns and further concentration is actually making goods more expensive. This is easy to see in agriculture with the monopolization of machine technology. The same thing happens with seeds because of a necessity for crop insurance.
@@badart3204 Cheaper? Or crappier products that are still sold for the same price Look at what outsourcing has done to the manufacturing industry like tools.
As someone who grew up as a farmer from early childhood this trend is very obvious. Both my grandpa and dad were farmers but they just couldn't compete with international prices and farming conglomerates. Eventually the most efficient method will win out. That being said everyone should at least be a little familiar with farming.
10:48 There is a food security angle here too. Regardless of efficiency gains a large network of family farms doesn’t run the risk of destroying an entire supply chain due to a single bankruptcy. Further up the chain we can see how companies like Cargill have rolled up food processing to near monopolies, which is all fine and dandy until some disastrous business adventure puts those companies through rough times.
How Money Works, I was born into a family that were farmers. Back in 1957 my family had 160 land cattle horses and each year my family grew hay kept some sold some then in the 1970's my father passed away my mother sold the land move to Sacramento I was little have no idea who bought that land. That was many years ago. thanks for the video.
I've got 5 quarters of farmland. That was a reasonable sized farm a few decades ago but today it's too small to be a viable farm around here. So it's rented out. And that's typical around here, most land is rented. I also live in a state that doesn't allow corporate ownership of farmland, other than family corporations, so farmland here is still in the hands of individuals. It shows too, in the better care given to land and equipment. But I have to say, if corporate ownership were allowed it would be hard for someone here planning on selling their land to pass up the money a corporation could pay. For a farmer selling the land is often how they fund their retirement.
Rate cuts commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.
The financial market is a reliable choice. Diversify your portfolio with I-bonds, stocks (ETFs, REITs, dividend-paying stocks), and bitcoin. Given your budget, I recommend hiring a fiduciary to ensure you receive professional insights for a fee.
The financial market is a reliable choice. Diversify your portfolio with I-bonds, stocks (ETFs, REITs, dividend-paying stocks), and bitcoin. Given your budget, I recommend hiring a fiduciary to ensure you receive professional insights for a fee.
you’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner
I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
@@maryHenokNftHow can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Don't forget about the farmland assessment. Land dedicated to agriculture is taxed at a fraction of the rate that other properties are. Farmland, as an investment, is effectively an appreciating tax shelter for liquidity. Add to that the fact that you can rent your land out to farmers, have them assume the cost of production, and have zero risk in that agreement makes it an obvious place to put your money. What I worry about is that eventually, farming will become so financially risky for farmers that they'll just do something else leaving millions upon millions of acres fallow. Enjoy your $20 loaf of bread.
11:36 Number 48, Taylor Sheridan, is the writer of Yellowstone (among many other shows and movies). 142k acres alone is from 6666 Ranch, the one featured in Yellowstone.
This is not a good sign. Usually, when land ownership by the common citizen becomes inaccessible, revolution or colonization is the solution. The former heralds a breakdown of social contract, the latter unconscionable. Congress must get ahead of this.
So... it is the same as private equity buying up all houses. Simple people won't be able to buy their own houses, so they need to pay rent to the capital - and the reason is the very fact that capital bumped up the prices by buying up the houses! Win-win, for the capital, at least on paper - house prices keep rising, so the on-paper value of existing assets keep rising, while they monopolize the house rent market, pumping prices up there too, earning an extra profit there as well. Perfect scheme to skin the average salary-men. Same will happen to farmland, and with that, food - farmers will have to pay rent on top of the existing expenses, and food prices will just skyrocket because of the monopoly and farmers abandoning the farms because of the even lower income coming out of them. What I must emphasize that the capital doesn't make any investments making the farms any more productive - they're just simply renting them out. Same as the capital doesn't build or renovate the houses it buys, just rents them out. This is dangerous, even for the capital, as if farmers go bust in throngs, and nobody wants to work the land, the land will lose its value, and the capital will go bankrupt as well. Difference from the houses, as you have to live somewhere, so there you just have no choice but rent. US farming can collapse overnight.
I’m not trying to step on anything here, but this the major problem with capitalism, is that capital as unrestricted private property inevitably accumulates into a monopoly over… EVERYTHING. Media and government were bought out so long ago, the farmland is just what’s left. This is because when you have an ownership that doesn’t accumulates capital off a labor process that takes time and effort, but this ownership entirely relies on a property law protecting it, you can collect capital off workers everywhere. The alleviation between the working class and the capitalist class used to be the expansion of the United States by the government into western territories, allowing a part of the population to work and own as homesteads. That’s never going to happen again because there’s such a financial monopoly over capitalism itself that any new land or resources that open up immediately get swallowed up by the highest bidder.
0:57 you're confused about farmland vs Ranch. The other billionaires like Arsenal owner Stan Kroenke have ranch land but Bill have "farmland" with water rights
They know that land is the only investment that can't go to zero. Even if the value goes down, the land is still there. If a company you invest in goes bankrupt and shutters, your investment is just gone.
Local banks do not lend money. I don't know where this belief still exists where you can go to a local bank and borrow money for business use. It just does not happen anymore. They'll send it to you on your personal credit as a personal loan before Lending it as a business loan. I had a friend of mine with $300,000 in his business checking. He went to that same bank he's been banking with for 25 years that he's processed millions of dollars through and ask for a loan of $100,000 which would realistically be his own money being lent back to him because of fractional banking. They wouldn't even give him an approval option at a super high interest rate or anything
Some things not mentioned are the average age of farmers and crop prices. Many farming families sell because the kids are not interested in being farmers and sell it off when the parents die for quick money. Farmland prices are proportional to crop prices because that is where cash flow comes from. Inflation has driven up food/crop prices and thus land prices.
we used to hay 15 acres. we now have a guy that does it and splits the hay with us. no 'rent' so to speak...this is common. He hays 250 acres...has to because just ONE tractor is $150,000. He has 2 and a skidsteer - plus all the haying equipment, trucks/trailers to move it around, etc. If you want modern equipment so you don't break your back or need lots of labor you need 300-500k for the equipment - and to pay that off you need to farm a LOT of land...and buying that land is pricey - so it's rented. Not sure why the rich are buying so much...i recall ted turner used to be the largest landowner in the US back in the 90s.
It would still be another measure to delay the inevitable. Small scale farmers simply cannot compete, even with copious amounts of government handouts, low interest and your proposed land tax, they would still fail to compete against modern industrial farming or foreign farms with a fraction of the labor cost.
But then again, bigger guys have acces to better loans, which means that if you are big, things cost less, you profit more and get bigger and get access to even better loans or cheaper stuff to run the farm. The thing to do would be to tax more over a certain size and then even more for even bigger The problem is that you can open shell companies to avoid this issue, but this is where the laws about companies should be changed drastically
It is a very worrying trend across the UK as well. I don't know how to do it, but at some point, we need to crash the value of agricultural land so that small-scale farmers can keep in business and expand. It's crazy that farming is not more profitable than it is.
This is truly great news, there’s really nothing that Wall Street can’t make higher quality, less expensive for the consumer, healthier, and better for the world. 😂
The homestead-style farm was sized at 40 or 80 acres because that's what a family could farm efficiently with a horse and plow. Modern farming uses high-cost equipment are much more efficient, especially when applied to large, contiguous plots of land. This has been a trend for over a century. What's new is the degree to which non-farmers are investing in owning farmland without operating it or improving it with irrigation, drainage, and general upkeep with a view towards long-term productivity.
It doesn’t take a Harvard MBA to know why so many in private equity (institutional investors) are buying any and all assets they can get. The fact is we have a government that is spending like drunken sailors and we know that isn’t going to stop, until something breaks. What the forgoing is about is asset inflation is a direct result of so much spending. Not unlike people buying gold, hard assets inflate faster than other things people call inflation (the price of bread). The polices of every element of our elected government is making the rich, richer and the poor poorer, the exact opposite every politician say they are all about. Here is the deal, when a candidate says they are there to help the less fortunate, know that even if they think they are doing the right thing, they are in fact doing the exact opposite.
As a note, economies of scale only applies to profit from cash crop mono culture farms. Actual food production is significantly worse vs small scale poly crop farms, which can produce between 6 to 100 times more food per unit land than industrial farming. But poly culture can't scale up profits with size. If we want to feed ourselves, we need to get away from ever larger farming operations, and move production closer to where it’s consumed rather than sending it all over the world, pouring tons of agrochemicals, and fossil fuels into a crop. Insane amount of hydrocarbons are dedicated to growing and processing food.
What worries me is that the profit incentive leading to corner cutting, which when we're talking about what we EAT, is likely going to result in people getting poisoned
I trust the Big Tech more than the Big Banks. Big Tech still wants to produce things, be it AI, GMOs or whatever, they want to increase the production. Big Bank has no such ambition.
Its crazy the price for land now. For someone trying to start out it really is just a uphill battle. They have to other income. If you have 100 acres if your luck you can probably have 30 cows on that which 29,280. In top line rev. That gets really hard to pay for land without other income
@@squirrel9760 you right more like 10 sorry wrong math. If that production per acre 3000 pounds that makes it 300000 pounds total with grazing efficiency of 33% give you 99,000 for available forage. One Au eats 26 pounds per day 365 days makes their yearly need around 9490. So can run around 10 cows give or take.
@@squirrel9760 You need to learn that this country is a big one and where we might be able to support 1 animal unit per acre, someone in the southwest needs 100 acres for that same animal unit. Also, if you are rotational grazing it changes things. Not everyone can rotational graze.
@@FOMAHsince2014 if you are buying 100 acres and you really believe you are only putting 30 cows on it you deserve to fail. I hate big corporations taking farm land but if it’s from people like you then so be it. Be smart about your farming techniques and you can fit plenty on 100 acres.
The video conveniently doesn't mention that Americ has so much farm land and farms are so productive that the government literally pay farmers NOT to grow crops, so as to not flood market with too much food. Yep, coming as a Chinese student, a country stuggles to produce evnough food for everyone, I was so shocked to hear this. Yet it is true. I live in Texas after graduation, there are endless fields of farms just not being used. Land in the US is so cheap, I even bought 12 acres of it outside of the city for only $12000 just for fun. What a country!
too much capital/cash in too few hands. they don't know what to do with it all. I get that putting some cap on wealth sounds un-american, but we're reaching a point where the few will win this game of monopoly and we'll all be removed from the game.
Private equity is NEVER a good thing for anyone involved. They are a plague of locusts who feast on an organization and then move on to the next. When they devour a retail chain, that's one thing... but what's going to happen when they bankrupt farms?
Wasn't the 1980s S&L Crisis because banks and companies invested too much in real estate? Shouldn't they have an example how this is a bad investment, not to mention illigal?
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Crypto did things...same things fin tech startups try to do. Governments put it in a legal and tax grey area where it does nothing. At least it can't do anything legally.
1. Investment - can't be insured and banks mostly can't even work with it.
2. Anonymity - you need to record and declare any and all transactions.
3. Cheap payment - you need to pay tax on every transaction (it's not money you are trading).
4. Replace banks - 1,2 and 3 + only regulated institutions, AKA banks can work with it(1 makes it satire).
They don't buy lands, they steal them from people. They acquire lands by causing events like the one in Maui. Weather manipulation is the true source of their richness.
i think it is more simple. There is not much else to dump excess unused cash. If farmland beats inflation or matches it then it is more than good enough. The 1% rich just have too much wealth than logic, it defies reason.
@@kopkaljdsaofor your submission
For a channel called how money works the video seems to have a very strange tone
There seems to be trend going on in the US where the powerful are systematically removing regular people's ability to make a living, accumulate wealth, and to just generally exist independently. Cooperatively letting wages stagnate, buying up residential real estate, rapidly raising prices of essential goods, aggressively pursuing technologies that remove the need for human labor, consolidating industries that used to be run by lots of small businesses, and now attempting to control the supply of food. All the while the government, who is supposed to put its foot down and advocate for people who work, is doing nothing except make it easier for this plan to move along smoothly.
Yes capatalism
@@squirrel9760government loves this as well it gives them power
@@LTDLetsPlays yep unfortunately this is going to be extremely hard to fight.
Yep, you got it.
The government was never set up to benefit workers. You'll remember the vast majority of the founding fathers owned slaves.
Ahh yes Billy Gates, my favorite small-scale farmer
Bill's Artisanal Pumpkins
you will eat lab grown meat and you WILL be happy
Yes. His ex wife....
"Finally, the rich white man has the power..." Mr. Burns ☢️🧪🔌🏭💱
@@phil-cd6fh lmao. Always loved that line from him.
we should probably do something about this before food becomes something u need a good credit score to buy
you guys are so screwed.
It's okay Water (that thing that almost all life needs to survive) can NOW be shorted on the stock market
@@roscojenkins7451 they would monetize oxygen and gravity if they could.
Time to starting making heads roll on Wall Street
I think there is plenty of farmland in europe, asia and especially south america
If there's one thing I love/hate about this channel is its willingness to flatout tell you how incredibly fucked up shit is. Terrible for my mental health but it's important to be informed about these things.
nah fr
Watch Second Thought instead
@@steveweast475second thought is a Tankie
What's a tankie?@@SineFineBelliCh
@@Izzysai he’s saying he’s a commie
We overthrew a king, will we need to overthrow feudal lords next?
Unfortunately they are the ones with the pitchforks.
They're called landLORDs for a reason. Historically feudalism transitioned into having more rights for the Lord's due to their power and prestige, like with the Magna Carta. This type of power change established fee simple private land ownership, creating more legal rights for landlords.
@@HowMoneyWorks That was a fantastic line
@@HowMoneyWorksAs an america you have access to weapons better than pitchforks
Yes. Rentiers are the foundation of feudal economies. Adam Smith the father of capitalism advocated a tax on rentier incomes. He was arguing against feudalism at the time
"The rent of land, therefore, considered as the price paid for the use of the land, is naturally a monopoly price. It is not at all proportioned to what the landlord may have laid out upon the improvement of the land, or to what he can afford to take; but to what the farmer can afford to give." - Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations, Book I, Chapter XI "Of the Rent of Land"
“all that toil, all that anxiety, all those mortifications which must be undergone in pursuit of it [excess wealth]; and what is of yet more consequence, all that leisure, all that ease, all that careless security, which are forfeited forever by the acquisition”
@@HowMoneyWorks That's a great quote. It shows how wealth inequality isn't just about money, it's about a severe inequality of the quality of life. Where people are exploited into toiling their body into dust while billionaires extract the leisure power of wealth from these hard-working people. I love the channel. I would like to request a video on cooperative economics, the Evergreen cooperative in Cleveland or the city of Preston might be two real world examples to look into ✌️
“Ground rents are a species of revenue which the owner, in many cases, enjoys without any care or attention of his own. Ground rents are, therefore, perhaps a species of revenue which best bear to have a particular tax imposed upon them”- Adam Smith. Father of capitalism.
@@Jim-m3z There are areas of development going up around me and I see the still vacant lots and I just think about how their value is increasing due to the work of other people. Land value tax is an important way of allowing the community to capitalize on the spillover value (positive externalities) that the community creates... But I'm sure you knew this already 😜
I swear to god if Adam Smith were alive today he'd be a raving communist with the way late stage capitalism has progressed. He was wise enough to know what aspects of capitalism are very very bad and the incentive structures behind them, but failed see that those aspects are the natural, logical endpoint of the economic ideology he ascribed to.
"Land, it's the one thing we're not making any more of" Lex Luthor
Ever been to Iceland? They're literally making it over there, albeit slowly.
The vast majority of land is of little value though. The us government owns so much of the land that it artificially restricts supply.
I don't think a farmer can legally build extra houses on their land for their adult children and families
@@Reahreic Making land at a very slow pace doesn't actually do anything to solve the problem.
@@kennethoneill4176 I think a lot of the land the US government owns is either nature reserves or marginal land though.
Probably the number one thing that limits supply of land are overly restrictive zoning laws that artificially force people to use more land than they actually need.
@@Ely-zf4yt look at both as the way to artificially increase the value of the land that can be developed. Also why in the USA we can’t build walkable cities. Or it’s not worth building small houses .
Farmland is as wonderful and reliable an investment now as commercial real estate was 5 years ago and big shopping malls where 20years ago .
Falling prices of solar will eliminate biofuels and as soon as lab grown meat becomes commercially viable. Much of the land to produce livestock and the land used to grow feed for livestock will rapidly lose value
This sounds like feudalism. Corporate interests own the land, the food*, the processing, and the stores. That's a lot of power.
It is feudalism.
Welcome to Neo-feudalism, blessed by capitalism. Once we all have nuero-link inside our heads, our brain power will be harvested for compute ❤
"In sector after sector, whether it is finance, agriculture, energy, defense contracting, media, transportation, health care, or Big Tech, a small number of huge, multinational corporations control what is produced, distributed and sold." - Bernie Sanders
@@gophtheengine6185 it is similar, but it is actually still late stage capitalism.
It's feudalism, except for all of the things that define feudalism.
None of you dorks want to be farmers. You just hear that rich people are owning land and you're big mad. But you never wanted to be a farmer in the first place.
He who controls the land, controls the food... he who controls the food, controls everything.
No one controls the land
@@samsonsoturian6013 Except all the people who control the land
@@samsonsoturian6013that’s the stupidest thing I’ve ever read.
Wait till you find out who controls the passions of young men.
You neglected to mention one of the biggest reasons why farming and farm land are so attractive as an investments - tax deductions galore. Most businesses can only write off losses against income generated. Active farming can write off against ordinary income with no limits. This is part of why so many farmers have very luxurious lifestyles and can still claim to live below the poverty line.
I'm new to tax deduction systems in the US: what do you mean by "ordinary income with no limits"? My understanding is that nobody can spend 100k and get the same amout back even if they generate less that 100k in yearly revenue
Important to note that most of those write-offs dont extend to the landowner. Most of it goes to the farming operators
Lol ah yes. I'll just credit my "income generated" and debit my "ordinary income with no limits." Gezz why didn't I think to do that sooner?
christ. no more tax deductions. at all. i don't care. they vastly benefit the upper class and wealth generation, they don't help most regular people.
@@mattwhite9046 generally, I agree. In the context of large investors buying hundreds of thousands of acres, it's an important distinction. They are acting as landlords, and this don't reap all of the mentioned tax benefits directly.
It's been three years since I moved out to the countryside, and while inflation has made it tough to keep up the lifestyle I was used to, especially when I was living in the city. Moving here has made things more manageable, but the loneliness does creep in sometimes since most of my friends and family are still caught up in their city lives. It’s also sad to see how many family farms are already sold off, especially with the younger generation not as interested. I just hope I can stretch my savings long enough without seeing everything change too drastically around me
I’m nearing retirement myself, and I had similar concerns. I started investing later than most, and just relying on ETF compounding wasn’t cutting it for me. After working with a financial advisor, I managed to restructure my investments and am now on track to retire with around $5 million. If I hadn’t sought advice, I doubt I’d be as confident in my plan right now
I’m trying to figure out the best approach for my portfolio. How did you find your advisor? I feel like I need that kind of guidance
I usually steer clear of recommending specific people because financial needs are so personal. But I can say that working with Emily Ava Milligan has made a world of difference for me. I noticed her strategies are tailored to fit personal goals and make sense for different needs. It might be worth exploring to see if her approach resonates with you
Thanks for that. I did a quick search and found her page. I was able to email so I sent over a few questions to get more info. Appreciate you sharing
Fake bot comments promoting scams
These Wall Street execs watched too much Yellowstone.
It is pretty good.
What did anyone expect... There's so many tax advantages
Yes and unfortunately subsidies and programs meant to help small farmers end up helping big farmers much more.
@@HowMoneyWorks I despise goons who pull out us smaller companies as a shield to hide behind when they want something and then shove us aside. Then we get to sit on the side and think "Well, we got something... But Heineken got a lot more."
@@HowMoneyWorksdoes the corporate dominance not lead to violation of US monopoly laws?
@@BilalAhmad-ff3xq it doesn't matter if no one's pursuing them for it no?
@BilalAhmad-ff3xq depends who's running the political show.
Many Farmers are already stretched to make a profit with land and equipment prices so high. I can't see farm values continuing to rise indefinitely due to this.
You would think so, and you may be right, but many of these investors are speculating on the land, the profitability of the farm is very much secondary.
That's why if you want to buy land you need to have another job. In his video show per acre at 4000 but I've seen land go for way more than that. It really depends on how much you buy 200 acres is cheaper than 40 acres. Paying with cattle for land and also having money for yourself is impossible.
It’s like buying a 50m penthouse in manhattan and leave it inhabited waiting for the price to raise.
There is a definite asset bubble right now that is just waiting for something to give. Think Japan in 1990, but globally.
@@HowMoneyWorksthis ain’t new and has been the cause of numerous crashes in American history. Wanna by some swampland in Florida?
Generally when speculators latch onto some asset class is bad news for everyone else involved, especially the direct users of those assets because the investment activity is wealth extraction and does not care about quality of underlying products and services, let alone human dignity or rights and there is no value creation at large and what is created is the cheapest, worst, just about to meet minimum expectations kind of garbage... see housing market. People live in urban slums because the speculators bought up your city and people can't afford anything decent and what is even worse, the most vulnerable people: young people are forced to pay off some landlord's mortgage or just simply fill the equity firm's pockets instead of realizing equity and building wealth by owning the house in which they live.
Yes. Wall Street fucks up everything they touch, without fail.
@@singleproppilot Yes, countries with share markets are so much better than the US. That's why everyone is fleeing the US for third world countries.
12:27 "it's like crypto, only instead of doing nothing, it feeds the country"
Au contraire! Crypto offers us so much! Caveats, cautionary tales, modern day Greek tragedies, maybe we'll even get some morality plays someday!
Don't forget the space heating. Crypto mining rigs make awesome space heaters.
Control the food, control the people
@banzaipiegaming shalom
Putting money into mutual funds provides a systematic and varied method for growing wealth, overseen by experienced fund managers. Although there are expenses and certain restrictions, the advantages of diversification, professional oversight, and easy accessibility contribute to the popularity of mutual funds in reaching different financial objectives.
VWINX and FSPGX are all still good buy, but what do I know I’m not a financial advisor lol
Exactly, I used to doubt the value of a financial advisor until my wife's company assigned her an investment adviser in 2020. Honestly, it’s been the best financial decision I’ve made. It helped tremendously; I went from barely making any profit to having a well-diversified portfolio that has grown significantly, with gains exceeding $850k.
I’ve been worried sick about the current state of my portfolio, who is your advisor?
I have Karen Marie Gendron as my financial adviser. She has a solid reputation when it comes to diversifying portfolios and making. Them less vulnerable to market downturns. She may be a name you are already familiar with from Newsweek.
Just ran an online search on her name and came across her website, pretty well educated. thank you for sharing.
The nice thing about land and food markets is they really don't change that much over time, making it really easy to draw parallels between what's happening now and what happened in the past. My biggest concern is that, unlike the consolidation of farms we saw during and shortly after WWI, the federal government has so many farm subsidies and price controls in place that we could end up spending an enormous amount of tax money to keep these firms solvent and prevent a food market crash.
That's the plan. But it's not going to just crash the food market it's going to crash the system and dollar as a whole that's why there trying to force everyone onto CBDC's. Even that's not going to help when everyone is forced by nature to eat and they can't afford to so there all growing there own or dying. Ether way it's still going to bankrupt everyone and greatly reduce the amount of labor in the country by a lot.
There's a phrase from a Mexican revolutionary: "La tierra es de quien la trabaja" - which translates to "The land belongs to those who work it" - hopefully farmers can one day bear witness to its meaning.
Sounds like tankie nonsense to me./s
@@aldenpartridge4773 you jest but many people will think like this, especially in america.
This is one of the main tenents of communism: Workers own the means of production. It would be nice, but it’s never worked that way in practice in communist countries like the Soviet Union and China. The fact was the state owned and controlled everything, to the detriment of all.
Oh yeah, and did you know land redistribution is the main reason why Mexico is a poor violent shithole?
We need to feed 8 billion and counting and you can't do that with family owned farms you need machines which cost a lot of money and which are only cost effective when used on huge farms. It's not the early 20th century when you had less than 3 billion people worldwide and small farms and small tractors were enough.
I work as an agricultural appraiser, and I can’t wait to do something else. There is so much incompetence and fraud in farm finance that it blows my mind. That may be one of the reasons outside investors are so interested in farmland: the ease at which the system can be abused with no consequences.
Yes there is and yes it is.
“Your world and we just living in it” is about to have a whole new meaning
This is why policies that help average people purchase and keep their own property is SO vital to keeping our freedoms. Give people major breaks on their first 1000 acres if they live on site. Make the workers the shareholders of larger operations. I’m not a policy wonk, but there are solutions if we actually talk about it.
Maybe add FAR?
Or on the opposite end, limiting the amount of land you can own. Same for houses, there should be a limit on the quantity you can own.
Small family farms are not "inefficient" at growing food but they are inefficient at generating cash flows and servicing debt.
I feel like the "inefficiency" is more so the profit margin. You need more people for the same bit of land if you are a small farm than a big one, but the crop yeild per acre is probably on par (maybe even better in the long run if the small farm is farming sustainably).
"Worth more than double what it was during the bubble of the 80s"
Oh so you're saying this is another bubble.
Shorts are profitable. It's hot potato(pun?), but the international economy takes the punishment no matter which orgs are holding the potato.
I don't think that's inflation adjusted
Its not bubble it's going to stay stable and only rise
I got 60k now and I got no where to dump bro, everything is jacked up in the stock market.
Don't put all your eggs in one basket; instead, diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor.
Opting for an investment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2023
This is very insightful. Hope you don't mind me asking you to recommend your advisor?
Sharon Ann Meny is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
Michael O'Leary the CEO of Ryanair (Europe's biggest airline) purchased two farms last month (costing almost four million euro). This is on top of the approximately 2000 acres of farmland that he already owns in Ireland.
Absentee landlords in Ireland don't end well
Okay, so f--ing what? Where you going to buy the farmland? NO?
@@williamfarley3794 I'll give him (Mr O'Leary) credit in that he pays all of his of his taxes in Ireland. My take on this is that the elites know that there's going to be some kind of economic shock (recession, depression, stock market crash etc.) and that they are hedging their bets with tangible assets (land etc).
Dude, look around. All across the world we have average housing costs rising not because of local demand but because it's considered a safe investment no matter who you are. Do you really think we should be treating local farms the same way?
Rich Irish millionaire buys lots of land in Ireland, what a surprise.
As an Uruguayan myself that likes reading the US news, how do you people do not protest against this? The top 1% is owning more and more percentage of your houses and now they are going for your farms too, what is going to be left for the working class?
The same reason y’all don’t protest when five agricultural businesses own 20 percent of cultivated land or 6 million hectares of farmland.
Because most americans are not farmers and have no idea about any of this, or even where their food is from.
This is also an issue spread over many US states in an area bigger than almost all of south america (minus chile and argentina). If americans are going to protest anything it will be something that directly affects them.
The US has mastered propaganda to a degree we South American countries never had a chance to. There's a non-insignificant chunk of the US population right now that unironically believes trans people getting free surgery is would be a greater threat to their personal economic stability than having 300 people own every service and consumer good they rely on. We need to cherish our education systems and democratic institutions. They're not perfect, corruption here in Argentina has gotten so bad that fucking Milei got voted in, but we still have enough time to maintain and improve our systems before this kind of propaganda gets to us and our children and we truly can't see the bigger picture anymore.
@@slimjim2584 Its so funny you saying that "is an issue spread over many US states in an bigger than almost all of south america" when the US is actually half the size of South America (the contiguous 48 area is smaller than Brazil alone, and Brazil only takes 47% of South American land area)
I believe Uruguay h as the same issue. Only a few families own a large swath of the farmland. They also exert a large amount of influence over the government. The land owners in the US has less political clout.
Modern finance is about leveraging essentials against the citizens of the US.
wow. acceuate
Can’t be a monopoly if they own all the people in power… And ownership is divided between 2-3 big corps instead of 1… Am I right lmao
Rich people buying poor farmers' land is literally what led to the Roman Republic suffering a civil war
I remember a time institutional investors tried to make a lot of money pushing the value of real estate up hoping it would never go down. I also remember it didn’t end well
Can't help but think that if this trend really picks up in the rich and wealthy, it could result in a sub prime crisis since the banks and the investors don't really care about the productivity of the farmland, just that the price of land is increasing.
That is exactly what's going to happen.
@@RipMinner No its not. You have no clue what you're talking about. If you're so certain, BET ON IT. Put your money where your mouth is or go away.
Bot
@@potato88872 Who's a bot?
@@siddhantagarwal3424 the guy i respond is a bot repeating the same dumb answer accross the comment section, with some very slighty change of words
The problem is that those investors are not farmers, let alone competent farmers.
They fail to realize that they create stranded assets because their very own high-tech, margin-improvement "investments" are ruining the land so it will be completely without value in less than their remaining lifetimes.
Their short termist strategy also only works for those large commodity crops - none of which is actual food.
So the more of the market falls to them, the greater the margins for anyone actually growing food get, while they compete within themselves and ruin those economies they so desire.
At this point, I'm attributing malice. There's no way these people aren't smart enough to know the end effect of using homes and farmland as investments.
"Never attribute to malice that which can be adequately explained by being drunk on one's own Kool-Aid."
Vey
@@longiusaescius2537 Hitler lost, cry harder
If anything I've learned in life, is that anyone who's successful knows what they're doing and may even thoroughly enjoy it. Anyone in their right mind would stop themselves from scamming if they had a moral compass. But everyone is different, and some people are not interested in morality whatsoever. Billionaires are not interested in equality. They love the green, the power, and control.
@@SimuLord thats the bad version of the quote. But I forgot how the original quote actually goes.
Long time listener of your channel. I'm actually an expert in fields you are discussing in this bit. I have a request for your next video, the Gell-Mann Amnesia Effect. I'm feeling that real hard right now and it's leading me to question literally every other thing that has ever come out of your mouth.
Here is a breakdown of my issues:
3:08 - Gains tremendous efficiencies? Show me that research specifically. Also, what efficiencies are you talking about? Energy in / Energy out? Costs/Revenue? Human labor/Revenue? Human Labor/Production?
3:16 - "A 100 acre family farm is going to have a lot of the same fixed costs as a 10000 acre commercial operation." Note: Any small farm is going to produce a smaller amount of much higher quality goods. Large operations live almost exclusively on low quality commodities. They are hard to equate.
4:32- Where the fuck do I start. First, what McKinsey doesn't understand about ag would write the book on ag. "Less than 5% of farmers adequately investing in next gen tech." Tech has to more than pay for itself, which very little of it has the ability to do. Also, that source you referenced deals with orchards and vineyards, both high capital ag businesses. Your statement that fully automated systems could quadruple returns on the farmland, is literally not what you highlighted. It said it could double to 4x the investment in automation in orchards and vineyards. Way different than changing the cap rate. How money works should damn well be able to notice the difference in that language and the economic and financial implications of that.
6:38- "They can rent it out to actual farmers." First of all, cap rates have been hovering around 2ish%, meaning if you invest today, you are probably losing to real inflation and that is after buying into an inflated asset. As is noted by the bloody 2ish% cap rate. Meaning, they ain't renting to no one unless they want to lose money. Any investor in this space had better be banking on continued asset inflation, because real returns don't exist by and large.
8:15 - You are right about leveraged buy outs. You are wrong in your loss/risk ideology.
10:06 - The support programs have not been wound back. They simply are not kicking in right now. Their business model was never viable. It was always dependent on outside capital.
11:05 - Just nonsense. Half right, half wrong, all useless.
11:30 - Gates has invested almost exclusively in the highest quality farmland. Ted Turner has routinely bought up lower quality land that has almost no ability to be cultivated. Check the total invested. Those units matter more.
Welcome back 𝐟𝐞𝐮𝐝𝐚𝐥𝐢𝐬𝐦!
the problem (as always) is that when this criminals, I mean investors start buying the land, the value increases, and they take loans based on the increased value. Which isn't the real value.
Sames as 2008, if the prices crash down, you're done. Except that you ruined the lives of millions of people in the process.
It's basically printing money. Doesn't this also contribute to inflation? I hear no one talking about that. I guess because supposedly it's "real value?" Not with all the speculation and overvaluing of tech companies and real estate.
You didn't predict the 2008 crash, so why on god's green earth should we treat any of your other predictions seriously?
What I was in the core one of my guys was a farmer and he told me that a lot of the newer technology people refuse to adopt.. because adopting it means you basically have to sign a contract with manufacturer manufacturer makes you do a whole lot of s*** you don't want to do. And then when things break it's the cost of an entire harvest to repair it.
“The core”…??
My biggest worry is mostly in giving food, the most necessary resource for humans, to major corporations. These kind of people seek mostly profit, which theoretically could mean innovation and progress, but as we've seen recently, mostly means cutting costs and milking consumers. And when it comes to food, they could milk us as much as they want and we don't have a choice.
Whiny spoiled consumers may not feel this way while spending less than 10% of income on food, but Food in the US is incredibly cheap. The US is the only continental nation that remains a net food exporter because of our surplus land, generous subsidies, and favorable regulatory environment. The federal government has tremendous incentive and leverage to keep consumer prices low.
@@FullLengthInterstatesThat can change if land is used for speculation as opposed to more and more efficient farms
We have a choice. They did this after world war 2 and people that lived grew there own food. They see it just like labor. They don't need your belly's there's a whole world with belly's but that world is turning on them too.
Food at least has a natural limit on greed, as the French aristocracy learned in 1789. Right now the common people are pacified by mindless television, social media, cheap junk food, and just enough illusory advancement to keep people working for corporations. We're in a panem-et-circenses Roman decline phase akin to the late fourth or early fifth century before the barbarians showed up and started wrecking shop in earnest in 410.
@SimuLord that was nobles and bourgeoise conspiring against the king and peasantry for more power
Control the food, control the people.
It cannot be overlooked just how much the expoitation of child labor affects this recent trend of corporate farm ownership.
I remember this one! there was a wall street guy who bought all the onion shares in the country and dramatically crashed the price of onions and now you still can’t buy onion shares because Congress put a law on it
I highly doubt these huge corporations want to make the costs of food items cheaper. If anything, they will use the lack of competition to drive up prices. The money saved from the economics of scale would go to their pockets.
The reason economy of scale has higher margins is because you can produce more with less people. So, where would the remaining people go? Not their problem.
Hey dummy, food crops are commodities that get traded on global markets. If you produce more crops, the price goes down. You don't get to set your prices because you don't seel directly to consumers. Everyone in this comment section is so aggressively ignorant.
Tarrifs have entered the chat
The main thrust of Federal agricultural policy since 1934 has been to prop up food prices because efficient food production is tantamount to flooding the market and sending prices (and therefore profitability) into a death spiral.
The fact that I had thought about this before watching this video is boosting the confidence I have in myself.
So basically it's land speculation with a business. Damn... That's depressing.
Edit: Honestly, I'm seeing this evolve into a housing business structure in the future. But they'll make sure it's going to be slow so they boom up the prices.
Or, build housing but you have to farm and produce, which will be the “rent”
I have a $40,000 portfolio as a young amateur investor, but I find it difficult to get confidence. I want to invest an additional $20,000 over the course of a month, but I want to do it strategically so that I may continue to grow and not stagnate. Do you have any recommendations for stocks?
I'm not giving you any specific advise, but I can tell you that it's not as difficult as most people believe. Having a financial counsellor on board is typically quite advantageous because average investors lack the necessary level of investigation. This is how people make huge profits in the market.
I concur. The market has a great deal of promise. Despite my scepticism, I followed up with the financial advisor my friend recommended in 2021. At last, I had enough money coming in each month to leave my dreary work and follow my goal of opening a restaurant in New Jersey.
That's fantastic. I've attempted to employ a financial advisor by doing some research on my own, but it's somewhat daunting. Would you kindly suggest the people you collaborate with?
My licensed advisor is “Diana Casteel Lynch” Simply look up the name. You would discover the information you need to schedule an appointment.
Thank you for the suggestion. Hopefully, I'll be able to get through to her by email.
I can’t fathom the greed of these rich people. What a waste of life and time. Accumulating money when you have more than you would ever need.
Suffocating common people for the basic needs so that there are extra billions in their bank accounts and net worths. Insanity.
A few groups bought land in my area of Saskatchewan. It was sandy, stony, terrible land. They have tried to rent it 20% above the good land prices. It ia now a big patch of thistles, poplar saplings, and scrub brush. I imagine it will stay that way for years to come. At least the deer like it
Buying land is a way to dump liquid assets to avoid taxes. Just invest in the real estate. If it takes a loss then you don't have to worry about capital gains tax. They do the same thing with stock options that these CEO's are getting plenty of. They just make sure to sell the stock at a lower amount then what it was when given to them so it comes off as a loss rather then seeing it as them just pocketing $100 million
I have been calling for years for a confiscatory property tax on any residential property that is not the owner's primary residence or the primary residence of its tenant (don't want to disincentivize the construction of apartment buildings because that's how stuff like Seattle's housing shortage happens, with full-time-employed people sleeping in homeless shelters. The "primary residence of its tenant" is basically me calling for an Airbnb tax to make it non-economically-viable.)
Looks like it's time for a confiscatory land tax on non-owner-operated agricultural land. Heck, at least ConAgra's farming the land they own.
Land value tax???? Yes please
@@L154N4LG4IB I'm in favor of heavy taxes on anything that falls under the category of what I call "creating money without creating real economic value."
I also believe that all legal doctrine should pass two simple tests: The duck test (if it looks like a duck and quacks like a duck, it's a duck) and the Miller test (I can't define it but I know it when I see it.)
@SimuLord based on FAR?
In the UK we have Council Tax which is a tax that's controlled by and paid to your local gov. One of the counties in Wales has put a 300% surcharge on the council tax for 2nd homes.
The concentration of seed ownership is more worrying. 95% by 5 companies
Yeah, because it's become a very technical process to mass produce market seed with reliable results. You're talking about hiring literal botanists and geneticists to produce new breeds. Smaller seed farms can sell to gardeners and some small farms for the oddity factor, but only massive companies and universities are producing the main market seeds.
@@butterfish-g9fit’s a mixed bag, no doubt supplying the amount of seed needed by large farms is no easy task, but the companies doing so have also leveraged IP law to ensure you have no choice, you can’t collect your own seed, you can’t create your own variants using their seed, and a whole bunch of other constraints that make it difficult to pursue an alternative even if desired
@@SkigBiggler I mean, you can collect your own seed, but most farms don't do that because it results in crops that are more variable and not desired by most of the market. Think of your typical grocery store where all the fruits are largely identical in shape, color, size and weight. Seed producing operations pretty much only make and sell seeds. Your farm environment is very controlled and micromanaged more like a lab.
I will also add that patenting seed is a very common thing, both by large companies and smaller breeders. You cannot just collect and sell a specific breed of crop if it has a patent from a university, an established seed breeder or a company. In the case of larger company's seed, you are often taking advantage of expensive genetic selection and splicing for exact traits. Yeah, they don't take that lightly.
Most small farms have a capitalization rate of 3%. I grew up on and around farms. For small operators there is almost no money in it. My family made the transition from farming to renting of the land to farmers, and some farms in the family were small and so unprofitable as to operate at break-even or a loss, and so they get sold to larger farm companies.
Albertson's and Kroger shouldn't be allowed to merge, or their already thin margins will get even thinner in many parts of the country.
As someone who moved to my in laws' family farm a few years ago, you are spot on when you describe farms as first and foremost a real estate business. My in laws have built up six rental properties on the farm that are far more profitable than the land itself, and I am constantly pointing out to them that they are in the rental business with an attached farming operation, and not the other way around.
Hope to see you at 2mill subs, How Money Works!
(just commenting for the engagement)
Maybe one day... for now I am still shocked I ever made it to 1 million so thankyou for the support!
Remember the shark tank episode where the person was making something to help farmers, and the dudes holding all the money were telling him they would only buy-in if he doubled the price. "But these are FARMERs" he would repeat incredulously. He knew these would be long-term business partners and deals that could span multiple generations. But to the 'business men' they were people to exploit like any others.
Lending money is always about exploiting someone
"Efficiency" doesn't make more stuff when it can be used to increase profits.
It makes more stuff for the shareholders.
@@HowMoneyWorks .... Im still suspicious. I really feel like shareholders are just making more money out of the same stuff.
It makes products cheaper for the consumer. You say you want small farmers then you will freak out and elect the other guy the second good prices go up.
@@badart3204 I didn't really say any of that. If you care what I think, though, I'm of the impression that the economy of scale has surpassed an optimal point of returns and further concentration is actually making goods more expensive.
This is easy to see in agriculture with the monopolization of machine technology. The same thing happens with seeds because of a necessity for crop insurance.
@@badart3204 Cheaper? Or crappier products that are still sold for the same price Look at what outsourcing has done to the manufacturing industry like tools.
As someone who grew up as a farmer from early childhood this trend is very obvious. Both my grandpa and dad were farmers but they just couldn't compete with international prices and farming conglomerates. Eventually the most efficient method will win out. That being said everyone should at least be a little familiar with farming.
10:48 There is a food security angle here too. Regardless of efficiency gains a large network of family farms doesn’t run the risk of destroying an entire supply chain due to a single bankruptcy. Further up the chain we can see how companies like Cargill have rolled up food processing to near monopolies, which is all fine and dandy until some disastrous business adventure puts those companies through rough times.
How Money Works, I was born into a family that were farmers. Back in 1957 my family had 160 land cattle horses and each year my family grew hay kept some sold some then in the 1970's my father passed away my mother sold the land move to Sacramento I was little have no idea who bought that land. That was many years ago. thanks for the video.
I love the scene, where he says "Its serfing time" and serfs all over the farm
Next up: multiple tier-subscription for food supplies, which follows the best corporate world practice))
I've got 5 quarters of farmland. That was a reasonable sized farm a few decades ago but today it's too small to be a viable farm around here. So it's rented out. And that's typical around here, most land is rented. I also live in a state that doesn't allow corporate ownership of farmland, other than family corporations, so farmland here is still in the hands of individuals. It shows too, in the better care given to land and equipment. But I have to say, if corporate ownership were allowed it would be hard for someone here planning on selling their land to pass up the money a corporation could pay. For a farmer selling the land is often how they fund their retirement.
I had recently watched DJ peach cobblers video on the Business plot and Smedly Buntler.
His ending statement is starting to ring louder and louder
can't wait till the accountants start telling farmers they can't do what they need to do to grow what their supposed to grow
What was, will be. The history repeats itself.
Its happening everywhere, this is scary
Things like this make me think a dystopian future is def in our cards
Rate cuts commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.
The financial market is a reliable choice. Diversify your portfolio with I-bonds, stocks (ETFs, REITs, dividend-paying stocks), and bitcoin. Given your budget, I recommend hiring a fiduciary to ensure you receive professional insights for a fee.
The financial market is a reliable choice. Diversify your portfolio with I-bonds, stocks (ETFs, REITs, dividend-paying stocks), and bitcoin. Given your budget, I recommend hiring a fiduciary to ensure you receive professional insights for a fee.
you’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner
I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
@@maryHenokNftHow can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Don't forget about the farmland assessment. Land dedicated to agriculture is taxed at a fraction of the rate that other properties are. Farmland, as an investment, is effectively an appreciating tax shelter for liquidity. Add to that the fact that you can rent your land out to farmers, have them assume the cost of production, and have zero risk in that agreement makes it an obvious place to put your money. What I worry about is that eventually, farming will become so financially risky for farmers that they'll just do something else leaving millions upon millions of acres fallow. Enjoy your $20 loaf of bread.
11:36 Number 48, Taylor Sheridan, is the writer of Yellowstone (among many other shows and movies). 142k acres alone is from 6666 Ranch, the one featured in Yellowstone.
This is not a good sign. Usually, when land ownership by the common citizen becomes inaccessible, revolution or colonization is the solution. The former heralds a breakdown of social contract, the latter unconscionable. Congress must get ahead of this.
it's not just affecting farmers, it's driving up ALL land values and spiking property taxes, making owning land unaffordable.
So... it is the same as private equity buying up all houses. Simple people won't be able to buy their own houses, so they need to pay rent to the capital - and the reason is the very fact that capital bumped up the prices by buying up the houses! Win-win, for the capital, at least on paper - house prices keep rising, so the on-paper value of existing assets keep rising, while they monopolize the house rent market, pumping prices up there too, earning an extra profit there as well. Perfect scheme to skin the average salary-men.
Same will happen to farmland, and with that, food - farmers will have to pay rent on top of the existing expenses, and food prices will just skyrocket because of the monopoly and farmers abandoning the farms because of the even lower income coming out of them.
What I must emphasize that the capital doesn't make any investments making the farms any more productive - they're just simply renting them out. Same as the capital doesn't build or renovate the houses it buys, just rents them out. This is dangerous, even for the capital, as if farmers go bust in throngs, and nobody wants to work the land, the land will lose its value, and the capital will go bankrupt as well. Difference from the houses, as you have to live somewhere, so there you just have no choice but rent. US farming can collapse overnight.
I’m not trying to step on anything here, but this the major problem with capitalism, is that capital as unrestricted private property inevitably accumulates into a monopoly over… EVERYTHING. Media and government were bought out so long ago, the farmland is just what’s left. This is because when you have an ownership that doesn’t accumulates capital off a labor process that takes time and effort, but this ownership entirely relies on a property law protecting it, you can collect capital off workers everywhere. The alleviation between the working class and the capitalist class used to be the expansion of the United States by the government into western territories, allowing a part of the population to work and own as homesteads. That’s never going to happen again because there’s such a financial monopoly over capitalism itself that any new land or resources that open up immediately get swallowed up by the highest bidder.
0:57 you're confused about farmland vs Ranch. The other billionaires like Arsenal owner Stan Kroenke have ranch land but Bill have "farmland" with water rights
They know that land is the only investment that can't go to zero. Even if the value goes down, the land is still there. If a company you invest in goes bankrupt and shutters, your investment is just gone.
Local banks do not lend money. I don't know where this belief still exists where you can go to a local bank and borrow money for business use. It just does not happen anymore. They'll send it to you on your personal credit as a personal loan before Lending it as a business loan. I had a friend of mine with $300,000 in his business checking. He went to that same bank he's been banking with for 25 years that he's processed millions of dollars through and ask for a loan of $100,000 which would realistically be his own money being lent back to him because of fractional banking. They wouldn't even give him an approval option at a super high interest rate or anything
Some things not mentioned are the average age of farmers and crop prices. Many farming families sell because the kids are not interested in being farmers and sell it off when the parents die for quick money. Farmland prices are proportional to crop prices because that is where cash flow comes from. Inflation has driven up food/crop prices and thus land prices.
I don't know why, but I honestly thought there'd be more resistance to us becoming a dystopia.
we used to hay 15 acres. we now have a guy that does it and splits the hay with us. no 'rent' so to speak...this is common. He hays 250 acres...has to because just ONE tractor is $150,000. He has 2 and a skidsteer - plus all the haying equipment, trucks/trailers to move it around, etc. If you want modern equipment so you don't break your back or need lots of labor you need 300-500k for the equipment - and to pay that off you need to farm a LOT of land...and buying that land is pricey - so it's rented.
Not sure why the rich are buying so much...i recall ted turner used to be the largest landowner in the US back in the 90s.
I wonder if a land value tax would help small farmers by lowering their overall tax burden.
It would still be another measure to delay the inevitable.
Small scale farmers simply cannot compete, even with copious amounts of government handouts, low interest and your proposed land tax, they would still fail to compete against modern industrial farming or foreign farms with a fraction of the labor cost.
But then again, bigger guys have acces to better loans, which means that if you are big, things cost less, you profit more and get bigger and get access to even better loans or cheaper stuff to run the farm.
The thing to do would be to tax more over a certain size and then even more for even bigger
The problem is that you can open shell companies to avoid this issue, but this is where the laws about companies should be changed drastically
god this is the most stupidest thing ive ever read...
@notmyname998 maybe something like FAR?
It is a very worrying trend across the UK as well. I don't know how to do it, but at some point, we need to crash the value of agricultural land so that small-scale farmers can keep in business and expand. It's crazy that farming is not more profitable than it is.
@4:00 that sounds alot like the beginning of a monopoly
I should not have watched this so early in the morning, now I’m going to be depressed for the rest of the day.
This is truly great news, there’s really nothing that Wall Street can’t make higher quality, less expensive for the consumer, healthier, and better for the world. 😂
The homestead-style farm was sized at 40 or 80 acres because that's what a family could farm efficiently with a horse and plow. Modern farming uses high-cost equipment are much more efficient, especially when applied to large, contiguous plots of land. This has been a trend for over a century.
What's new is the degree to which non-farmers are investing in owning farmland without operating it or improving it with irrigation, drainage, and general upkeep with a view towards long-term productivity.
It doesn’t take a Harvard MBA to know why so many in private equity (institutional investors) are buying any and all assets they can get. The fact is we have a government that is spending like drunken sailors and we know that isn’t going to stop, until something breaks. What the forgoing is about is asset inflation is a direct result of so much spending. Not unlike people buying gold, hard assets inflate faster than other things people call inflation (the price of bread). The polices of every element of our elected government is making the rich, richer and the poor poorer, the exact opposite every politician say they are all about.
Here is the deal, when a candidate says they are there to help the less fortunate, know that even if they think they are doing the right thing, they are in fact doing the exact opposite.
As a note, economies of scale only applies to profit from cash crop mono culture farms. Actual food production is significantly worse vs small scale poly crop farms, which can produce between 6 to 100 times more food per unit land than industrial farming. But poly culture can't scale up profits with size. If we want to feed ourselves, we need to get away from ever larger farming operations, and move production closer to where it’s consumed rather than sending it all over the world, pouring tons of agrochemicals, and fossil fuels into a crop. Insane amount of hydrocarbons are dedicated to growing and processing food.
5:10 make a business better or widen margins, i wonder which they'll do...
What worries me is that the profit incentive leading to corner cutting, which when we're talking about what we EAT, is likely going to result in people getting poisoned
So we have Feudal-Tech lords now? Great.
I trust the Big Tech more than the Big Banks. Big Tech still wants to produce things, be it AI, GMOs or whatever, they want to increase the production. Big Bank has no such ambition.
First they made housing unaffordable, now they'll do the same for food.
Its crazy the price for land now. For someone trying to start out it really is just a uphill battle. They have to other income. If you have 100 acres if your luck you can probably have 30 cows on that which 29,280. In top line rev. That gets really hard to pay for land without other income
Well you need learn how to farm.
100 acres and only 30 cows is just ridiculous.
@@squirrel9760 you right more like 10 sorry wrong math. If that production per acre 3000 pounds that makes it 300000 pounds total with grazing efficiency of 33% give you 99,000 for available forage. One Au eats 26 pounds per day 365 days makes their yearly need around 9490. So can run around 10 cows give or take.
@@squirrel9760 You need to learn that this country is a big one and where we might be able to support 1 animal unit per acre, someone in the southwest needs 100 acres for that same animal unit. Also, if you are rotational grazing it changes things. Not everyone can rotational graze.
@@Alex-my6kr get on a farm and they will teach you. Try to get on a permaculture farm and they will show you how to properly take care of some land.
@@FOMAHsince2014 if you are buying 100 acres and you really believe you are only putting 30 cows on it you deserve to fail. I hate big corporations taking farm land but if it’s from people like you then so be it. Be smart about your farming techniques and you can fit plenty on 100 acres.
The video conveniently doesn't mention that Americ has so much farm land and farms are so productive that the government literally pay farmers NOT to grow crops, so as to not flood market with too much food. Yep, coming as a Chinese student, a country stuggles to produce evnough food for everyone, I was so shocked to hear this. Yet it is true. I live in Texas after graduation, there are endless fields of farms just not being used. Land in the US is so cheap, I even bought 12 acres of it outside of the city for only $12000 just for fun. What a country!
After homes, they re going for the farms.
Yoooo that was the longest and most powerful intro to “So it’s time to learn how money works” 🙌🏾. I didn’t see it as a tax flex either.
too much capital/cash in too few hands. they don't know what to do with it all. I get that putting some cap on wealth sounds un-american, but we're reaching a point where the few will win this game of monopoly and we'll all be removed from the game.
Give corporations the ultimate power, to rule over the food supply.
What's the worst that could happen?
Private equity is NEVER a good thing for anyone involved. They are a plague of locusts who feast on an organization and then move on to the next. When they devour a retail chain, that's one thing... but what's going to happen when they bankrupt farms?
Wasn't the 1980s S&L Crisis because banks and companies invested too much in real estate? Shouldn't they have an example how this is a bad investment, not to mention illigal?