Category Archives: ebooks

Our Latest Audio Book and Why the Fed will take Baby Steps

6/6/2015 Portland, Oregon – Pop in your mints…

Bitcoins: What they are and how to use them
Bitcoins: What they are and how to use them

Recently we have been working with some wonderful producers to make many of our volumes here at The Mint available in audio format.  The experience has been great as those with talent in the voice department, such as Robert Fox, who brought our newest audio offering, Bitcoins:  What they are and how to use them, to life.

We imagine the producers get a good chuckle as they read our prose, to which Long-suffering readers of The Mint are accustomed.  We know we do!

Why the Fed will take Baby Steps when it comes to raising rates

The US Economy added 280,000 jobs in May of 2015, which was positive no matter how you slice it.  To our readers, this should come as no surprise, every one of our key indicators indicates an economy that is roaring ahead.  Take the price of oil, which continues to hover near the $60 per barrel mark.  While to some, a lower oil price may signal weakness in demand due to a slowdown in underlying activity, we see it as incredibly positive for US consumers, as oil, which translates into gasoline prices, acts as a quasi tax for many consumers whose demand is relatively inelastic.

We also see the steady prices of copper, around $2.70 per ounce, and corn, clocking in at $3.60 per bushel, as signs that the United States economy is on extremely solid footing looking ahead.  These prices tend to tank when bad omens are on the horizon.

The only negative (depending upon who you are), as reflected in the Jobs report, is that wages have not risen at a healthy pace.  This is great for employers and the Fed, who can maintain their margins on the backs of the working class, but not so good for those employed.

We sense this will change, as the productivity gains of the past several years are not likely to replicate themselves over the next several.  The economy is transitioning to the second half of the chessboard (as Thomas Friedman would say) and it will take a ton of work to get it there.  Once it is there, we will see hyperactivity in the economy, it will be a whirlwind that people will either embrace or run direct the other way from.  To an extent, humankind will benefit, but mother nature will suffer perhaps a fatal blow.

If proletariat wages remain low, then why has the stock market reacted negatively to what would otherwise be considered most excellent news?  We can only guess that equity traders, who at times are clairvoyant to their own detriment, look around at the plethora of good news and smell a Fed rate hike on the horizon.

They are correct, of course.  However, we believe that the Fed learned its lesson back in 2008.  The blind 0.25 per month basis hikes that were implemented to cool off the sizzling post 9/11 economy were blunt and oversized for the sheer breadth of the Fed’s economic sphere of influence.  It is doubtful we will see such blunt and misguided policy from the current Fed.

Instead, we see baby steps, increases of 0.01 basis points emitted over time so that the economy can absorb the shocks in a manageable way, rather than taking them square on the kisser as it did in 2008.

Will it work?  Only time will tell, but for the moment the US economy looks like it’s running full speed ahead, and nobody at the Fed is interested in being the next Ben Bernanke.

Stay tuned and Trust Jesus.

Stay Fresh!

David Mint

Email: davidminteconomics@gmail.com

Key Indicators for June 6, 2015

Copper Price per Lb: $2.69
Oil Price per Barrel:  $59.13

Corn Price per Bushel:  $3.60
10 Yr US Treasury Bond:  2.40%
Bitcoin price in US:  $227.55
FED Target Rate:  0.13%
Gold Price Per Ounce:  $1,172

MINT Perceived Target Rate*:  0.25%
Unemployment Rate:  5.5%
Inflation Rate (CPI):   0.1%
Dow Jones Industrial Average:  17,849
M1 Monetary Base:  $3,029,600,000,000

M2 Monetary Base:  $11,853,900,000,000

Why What We Use as Money Matters

10/29/2013 Portland, Oregon – Pop in your mints…

Could it be that it is not how, but what we use as money that matters when contemplating the root causes of Climate Change and other global problems?  This is the question that is at the root of our Economic and Philosophical Treatise which bears the cryptic name:

Why What We Use as Money Matters:  Unpacking the Key to Reversing the Effects of Climate Change is an Economic and Philosophical Treatise

Why What We Use as Money Matters
Why What We Use as Money Matters now in print!

Our Monetary Magnum Opus is now available in print at the following embedded links on Amazon.com and Createspace.com.

While there seems to be an endless debate as to what humankind should do in order to reduce our impact on the environment, ironically most of this and indeed countless other political debates result in more action being taken, either to cease and desist an activity or mobilize to clean up and reduce future environmental impacts of certain actions.

However, every action brings about some sort of reaction, often in the form of an “unintended consequence” which serves to negate any good that the carrying out of the well intended initial mandate had managed to accomplish.

Despite Al Gore’s call to action, realistic and manageable solutions to Climate Change remain elusive.  As such, where Gore and other Climate crusaders have failed, we have been compelled to step in.  You see, there is really a quite simple, certain, and palatable solution to Climate Change that could be implemented today.

The solution lies not in well-known solutions such as recycling, Cap and Trade schemes, development restrictions, technological advances, or taxes and other social engineering methods.  In fact, it has absolutely nothing to do with what people do or what they or their governments spend their money on.

It lies in What we use as money circa 2013.

What the world uses as money is not really money, but a highly liquid debt instrument.  While the difference is imperceptible to most, the accumulation of mistaken incentives and resulting actions on behalf of humankind which are inherent in the insane debt as currency model are beginning to manifest themselves in nature, and nature itself is beginning to bring itself into balance unilaterally.

Where humankind and the land once lived in a peaceful, mutually beneficial balance with one another, the relationship has become antagonistic and will remain so until the defects in the money supply are remedied.

How, then, can these defects be remedied?  Ah, fellow taxpayer, it is for this reason that the above mentioned book contains 400 pages, for while the answer is simple, it will require that humankind let go of some deeply ingrained ideas which a vast majority of us do not even know we hold fast to.

Start letting go by ordering your copy today!

Print editions are currently available at Amazon.com and Createspace.com and Electronic editions are available on Amazon’s Kindle, Barnes & Noble, Google’s Play Store, and a variety of formats via Smashwords.

Thank you for joining us in this quest.

Stay tuned and Trust Jesus!

Stay Fresh!

David Mint

Email: davidminteconomics@gmail.com

Key Indicators for October 29, 2013

Copper Price per Lb: $3.26
Oil Price per Barrel:  $97.83
Corn Price per Bushel:  $4.32
10 Yr US Treasury Bond:  2.51%
Mt Gox Bitcoin price in US:  $212.51
FED Target Rate:  0.08%  ON AUTOPILOT, THE FED IS DEAD!
Gold Price Per Ounce:  $1,344
MINT Perceived Target Rate*:  0.25%
Unemployment Rate:  7.2%
Inflation Rate (CPI):  0.1%
Dow Jones Industrial Average:  15,680
M1 Monetary Base:  $2,515,000,000,000
M2 Monetary Base:  $10,867,000,000,000

Why What We Use as Money Matters, Our Economic and Philosophical Treatise, is Now Available

Our long awaited Treatise on Economy and Philosophy, Why What We Use as Money Matters, is now available in various digital formats at Smashwords.com and on Kindle at Amazon.com.  With any luck, we will have a print version available before we leave for the Southern Hemisphere.

Why What We Use as Money MattersWhat kind of book is this?  It is largely up to the reader to decide.  For us, it is the fruit of two years of wrestling with some of life’s deeper questions with regards to Economics, Politics, and Philosophy.  It has answered many of them and, in turn, has raised other issues, for in our exploration, as you will see, the current state of affairs is laid bare for all to examine, and our recommended courses of action may be unpalatable for many.

Nevertheless, there it is, altogether thick and challenging, yet refreshingly simple, the key to reversing the effects of climate change.Why What We Use as Money Matters

In a sense, it culminates the first phase of what we set out to do here at The Mint.  There will be more to come, but for the time being, we leave you to ponder the following brief excerpt:

“The natural world strives daily to achieve a perfect state of balance. Events and occurrences that, taken by themselves, appear chaotic and devoid of meaning are together part of a constant rebalancing of the earth’s delicate state. Each event is a splash of color across an oppressive gray sky that hints at a rainbow that will soon appear. “

 

An Intro to Why What We use as Money Matters – The Calling

6/21/2013 Portland, Oregon – Pop in your mints…

A quick peek at the financial markets over the last two days may lead one to think the world is ending.  From what we can tell, investors are attempting to front run what they perceive to be an earlier than anticipated FED exit from its unprecedented support of the Bond market to let it fend for itself.

Lest us be clear, the Federal Reserve will not exit when anyone expects it.  The mere prospect of it, which began to transmit itself through the markets on Wednesday, caused Treasuries to collapse towards normal and overnight lending in China to seize up while leaving equities and commodities as collateral damage.  M1 even managed to collapse again to $2.4 trillion.  These are hardly long-term (or short-term, for that matter) Fed goals.

If Fed history is any guide, it shows that the Fed knows absolutely nothing.  For example, can you predict what GDP or unemployment will be in one, two, or three years?  Neither can the Federal Reserve governors, who are tasked with controlling such matters.  The only difference between the man on the street and a Federal Reserve governor with regard to such matters is that the wild guess of the man on the street is more likely to be accurate than that of the Fed governor, but that is a tale better wound by those more qualified to explain such matters, such as Lee Adler at the Wall Street Examiner.

We are gearing up to publish our Treatise on political economy, Why What We use as Money Matters, before we head out on holiday this year.  It is more than a treatise, it is our calling (more below).

The current plan is to copy-edit and self publish this important work unless we are successful in landing an interested publisher in the interim.  It is urgent that mankind examine what is in their wallet, for it is currently an invisible hand steering mankind towards a myriad of disasters that are either unfolding or about to unfold.  These man-made disasters can be undone, if only a few can grasp what we have to share.

Stay tuned for the release and enjoy the brief introduction below!

Introduction:  The Calling

Owen Meany had a calling.  The hero in John Irving’s 1989 New York Times bestseller A Prayer for Owen Meany which was later loosely adapted to the feature-length film Simon Birch, believed himself to be God’s instrument in an unswerving and often shocking manner.  Owen Meany’s calling was as clear to him as it was confusing, for while he could see the end result, he could not foresee nor fully understand the varied circumstances which guided him to his encounter with destiny.

We believe that, like the fictional Owen Meany, every human being that is alive or has ever lived has a calling, something specific that is to be done in this world that only they and they alone can accomplish.  The task may be ignored, but it cannot be delegated.  It may require the collaboration of many to accomplish, but the burden and drive to complete the task rests with one individual.

If the task does not get done, it does not get done, and the world will be all the worse off for it.  On the other hand, if it is accomplished, all the host of heaven will applaud, for every calling that is recognized and pursued is not simply another task to be completed, it is an indispensable stitch in the fabric of what may be if only all of humanity would accept the call to a higher purpose that, far from being reserved for the exceptional, is the birthright of every human.

The following nine volumes are our calling.  Taken individually, they are a winding exploration of philosophy, monetary theory, economics, dual entry accounting, climate change, and eschatology.  Taken together, they are a treatise on political economy of such gravity and importance that, if fully understood by even one person among a million, will bring the activities of mankind into a perfect balance with nature.

Will that person be you?

Stay tuned and Trust Jesus.

Stay Fresh!

David Mint

Email: davidminteconomics@gmail.com

Key Indicators for June 21, 2013

Copper Price per Lb: $3.10
Oil Price per Barrel:  $93.92
Corn Price per Bushel:  $6.68
10 Yr US Treasury Bond:  2.17%
Mt Gox Bitcoin price in US:  $115.00
FED Target Rate:  0.10%  ON AUTOPILOT, THE FED IS DEAD!
Gold Price Per Ounce:  $1,299 THE GOLD RUSH IS ON HOLD FOR THE SUMMER!
MINT Perceived Target Rate*:  0.25%
Unemployment Rate:  7.6%
Inflation Rate (CPI):  -0.4%
Dow Jones Industrial Average:  14,799
M1 Monetary Base:  $2,432,200,000,000
M2 Monetary Base:  $10,621,100,000,000

To Build up the Land, Thoughts on Mankind’s uneasy intercourse with Nature

To Build up the Land
To Build up the Land

Our latest ebook offering here at The Mint, To Build up the Land, Thoughts on Mankind’s uneasy intercourse with Nature, is now available on Smashwords and Amazon’s Kindle.

It is a thought provoking look at the root cause of climate change and the origins of mankind’s interaction with the land.

From GMOs to CAFOs and back through to the elusive Garden of Eden, To Build up the Land explores how the modern day urban centric worldview has given rise to both the myth of overpopulation as well as the all too real phenomenon of climate change.

However, rather than searching out the usual suspects of increased carbon footprints, fossil fuels, and over development, we masterfully pinpoint the root cause of climate change.  It is a cause that is seldom recognized or addressed, yet it lies at the heart of the myriad of crises which increasingly besiege our planet.

As a special offer to our loyal readers, you can pick up a free copy here at The Mint until June 11th.  Just click here and follow the check out process.

Visit Smashwords.com, Amazon’s Kindle Store, or pick up your very own Mint edition today!

The Land Needs Rest

5/28/2013 Portland, Oregon – Pop in your mints…

The following is an excerpt from our upcoming ebook release, “To Build up the Land, Thoughts on Mankind’s uneasy intercourse with Nature,” due to hit digital shelves late this week.  Enjoy!

To Build up the Land
To Build up the Land

The Land Needs Rest

There is indeed a perfect balance between the time for building up the land and that for allowing the land to rest.  It is commonly known as the Sabbath, it is a pattern of time that has literally been encoded into the creation itself.

The Sabbath is best known, at least in the United States, as part of Jewish religious observances.  The base of the observance is taken from two passages in the Torah:

2 On the seventh day God finished his work which he had done; and he rested on the seventh day from all his work which he had done. 3 God blessed the seventh day, and made it holy, because he rested in it from all his work of creation which he had done.

Genesis 2:2-3

12 “Observe the Sabbath day, to keep it holy, as Yahweh your God commanded you. 13 You shall labor six days, and do all your work; 14 but the seventh day is a Sabbath to Yahweh your God, in which you shall not do any work, you, nor your son, nor your daughter, nor your male servant, nor your female servant, nor your ox, nor your donkey, nor any of your livestock, nor your stranger who is within your gates; that your male servant and your female servant may rest as well as you. 15 You shall remember that you were a servant in the land of Egypt, and Yahweh your God brought you out of there by a mighty hand and by an outstretched arm. Therefore Yahweh your God commanded you to keep the Sabbath day.

Deuteronomy 5:12-15

The seven day weekly cycle that is anchored by the Sabbath is so entrenched in the creation that every attempt by man to supersede it, the most notable recent attempts being the French Republican Calendar and the Soviet Calendar.  Both were suspended after experiments that lasted roughly twelve years.

While the texts in the Torah, which form part of the Christian Bible, offer clear guidance of the divine to observe not only a seven day week, but a seven day week consisting of six days of work and one day of rest, religious tradition alone cannot account for the origins of the seven day cycle.

Cultures throughout the world have operated on weekly structures consisting of anywhere between three and thirteen days, notable ancient examples are the eight day Roman market calendar and the 13 day Mayan week.  Indeed, it appears that even the Jewish Sabbath was not observed by the Jews until they were exiled to Babylonian captivity between 597 and 587 BCE.

Adding to the mystery of the seven day week is that it is they only time construct known to mankind that does not conform to any astrological, lunar, or solar cycle, as days, months, and years are designed to do.

The reason that the seven day weekly cycle, ordained in the Torah, has emerged as the dominant time cycle that is now observed by every large society on the planet, is that seven day cycles are deeply ingrained in both plant and animal life at a cellular level.

Dr. Franz Halberg at the University of Minnesota, is the foremost authority on natural rhythms which is the subject matter of an area of science known as chronobiology.  Halberg’s research has shown that all rhythmic functions of the human body are likely to possess an innate seven day frequency.

The divine call for a day of rest every seventh day appears to fit perfectly with an unseen but deeply felt rhythm common to the interplay between all living things down to the most basic cellular level.

While an understanding of the seven day weekly cycle and the need to collectively rest on the seventh day is somewhat easy to grasp based on personal experience for most, what is harder to grasp but equally and perhaps more important with regards to building up the land is the need for the land to rest every seventh year.

In other words, the seemingly arbitrary command to abstain from work on the seventh day not only applies to the cycle of days known as the week, but the need to rest on the seventh year of a cycle after six years of production.

Again, the basis for the resting of the Land on the seventh year by abstaining from all productive agricultural activity can be traced to the Torah:

10 “For six years you shall sow your land, and shall gather in its increase, 11 but the seventh year you shall let it rest and lie fallow, that the poor of your people may eat; and what they leave the animal of the field shall eat. In the same way, you shall deal with your vineyard and with your olive grove.

Exodus 23:10-11

2 “Speak to the children of Israel, and tell them, ‘When you come into the land which I give you, then the land shall keep a Sabbath to Yahweh. 3 You shall sow your field six years, and you shall prune your vineyard six years, and gather in its fruits; 4 but in the seventh year there shall be a Sabbath of solemn rest for the land, a Sabbath to Yahweh. You shall not sow your field or prune your vineyard. 5 What grows of itself in your harvest you shall not reap, and you shall not gather the grapes of your undressed vine. It shall be a year of solemn rest for the land. 6 The Sabbath of the land shall be for food for you; for yourself, for your servant, for your maid, for your hired servant, and for your stranger, who lives as a foreigner with you. 7 For your livestock also, and for the animals that are in your land, shall all its increase be for food.

Leviticus 25:2-7

The command to rest the land every seventh year is often embodied in a practice that is known as crop rotation.  Crop rotation is a method of agriculture in which a series of different types of crops are planted in the same area, usually a field, in sequential growing seasons.

The planting of different seeds on the same field each season helps the land to achieve balance because different types of plants require from and provide to the land different types of nutrients, allowing the land to replenish itself.  An additional benefit to crop rotation can be found with relation to pests.  By constantly changing the types of crops grown in a certain area, the farmer can avoid the possibility that a pest become entrenched in an area, as simply changing crops can deprive certain pests of the means necessary to establish viable habitats over long periods of time for their colonies.

Many crop rotation plans call for a field to lie fallow for a season.  While the benefits of allowing the land to rest are numerous, the most common benefit of this practice is that it allows the water table underneath the Land to reestablish itself in anticipation of providing crops for the next six years.  Given that water tables are not field specific, but cover large areas encompassing many fields, it is important that the fallow years for fields be coordinated to coincide with each other for the benefits of the Sabbath year to accrue to the Land and, consequently, to the land’s inhabitants.

Stay tuned for the ebook release and Trust Jesus.

Stay Fresh!

David Mint

Email: davidminteconomics@gmail.com

Key Indicators for May 28, 2013

Copper Price per Lb: $3.30
Oil Price per Barrel:  $95.01
Corn Price per Bushel:  $6.66
10 Yr US Treasury Bond:  2.13%
Mt Gox Bitcoin price in US:  $128.50
FED Target Rate:  0.08%  ON AUTOPILOT, THE FED IS DEAD!
Gold Price Per Ounce:  $1,381 THE GOLD RUSH IS STILL ON!
MINT Perceived Target Rate*:  0.25%
Unemployment Rate:  7.5%
Inflation Rate (CPI):  -0.4%
Dow Jones Industrial Average:  15,409
M1 Monetary Base:  $2,429,700,000,000 ANOTHER MARKED DROP
M2 Monetary Base:  $10,544,600,000,000

The Land Needs Rest or Conservation, what occurs when man attempts to control rather than build up the land – To Build up the Land part V

5/8/2013 Portland, Oregon – Pop in your mints…

We return today to complete our series entitled “To Build up the Land.”  It is an exploration of the co-dependence of man upon the land, and the land upon man to build it up.  While the former statement is obvious, what may be less clear in light of today’s political and environmental climate is the latter.

Does the land really need man to tend to it so that it, too, will prosper?  The clear answer is that the land not only needs the activity of man upon it to survive and thrive, but also that of animals.  However, the land does not simply require any type of activity, it requires human activity which helps the land to achieve balance.

Today, there are roughly 7.1 billion souls on the planet, more than at any other time in human history.  If one watches the numbers roll on the page linked above and then sees that the world’s net population is on track to grow by roughly 80 million souls this year alone, it would appear that this population growth is nothing short of exponential and that the world’s population is on something akin to a warp curve when plotted out graphically.

World Historical Population
World Historical Population courtesy of US Census Bureau

However, while 80 million souls per year seems a staggering amount, it is important to note that the actual growth rate, as a percentage of the current population, is on a gentle decline, currently at 1.1%, just half the growth rate experienced in the early 1960’s, which is the most recent peak in the growth rate based on United Nations estimates.  The United Nations further anticipates that by 2050, the growth rate will again be halved to just 0.5%, and that the world’s population will stabilize at around 10 billion persons after 2100..

As we have explored earlier, overpopulation is largely a myth constructed by persons who both live in crowded urban areas and assume that current statistical trends will invariably accelerate.

The myth is intensified by the fact that a majority of mankind has chosen to live in urban settings and has left large swaths of land to lie fallow, something that benefits neither man nor the land.  According to statistics in the 2013 edition of Demographia’s report on World Urban Areas, roughly three out of every ten, or 28.2% of the world’s population lives in an urban area of over 500,000 total inhabitants with an average density of 14,000 persons per square mile.

The current increase in urban populations and corresponding worldview has left an increasing burden on those who build up the land via agriculture to provide the food necessary for the 7.1 billion souls and counting to survive and be adequately nourished.

If one, for the sake of argument, were to make the broad assumption that those living in urban areas were completely reliant on their rural counterparts for their food supply in an equal proportion, this would mean that the rural population must produce, on average, 139.3% of their annual food consumption.  In other words, they must produce enough food for both 100% of their own consumption and an additional 39.3% to be consumed by the otherwise occupied urbanites.

However, this is an overly simplified view of the actual dynamics of food production, for while it is clear that while a small proportion of urbanites may collectively achieve communal or territorial self sufficiency when it comes to food production, it is also clear that 100% of the earth’s rural inhabitants are not dedicated to agricultural.

What, then, is the true ratio?  How many persons are spending their lives building up the land?

On average, each American farmer produces enough food to feed 155 people.  This is up from roughly 26 people in 1960 and, in terms of statistics, would mean that one person armed with the proper agricultural equipment, technology, and favorable climate patterns, can produce 15,500% of their own caloric requirements.

This staggering advance in American agricultural productivity is largely owed to the extended period of peace which has reigned in America which gave birth to, or at a minimum coincided with, rapid advances in agricultural science and industrial machinery.

It may be said, then, that these advances in agriculture have made possible the urban centric worldview that is widely espoused today.  This is not a bad thing, however, and the current awareness of climate change and its potential impact on the increasingly delicate food chain upon which an increasing majority of the world depends is rightly cause for alarm.

Agricultural Alarms

GMOs

While it is staggering that one American farmer can provide nourishment for up to 155 persons, the question that is at the heart of the present debate on the merits of using Genetically Modified Organisms in seeds and the modified seeds’ reliance upon pesticides to ensure adequate crop yields is the following:  At what long term cost does this productivity come?

It is an important question, for the long term security of the world’s food supply may hang in the balance.

Genetically Modified Organisms, or GMOs, are a prime example of mankind’s attempt to control nature.  It is a form of conservation in that it attempts to conserve the current balance of food production by creating crop yields in excess of that which would occur under normal conditions.

It cannot be argued that GMOs have played a major role in human population growth.  However, it is also clear that there are many direct and indirect side effects to exerting this type of control over the food chain which have yet to fully manifest themselves.

First and foremost, the staggering crop yields that the combination of GMO seeds, fertilizer, and pesticides provide come at a high price for the land itself.  Rather than achieving a balance with the land, allowing it to produce and rest in natural occurring intervals with intermittent obligatory rests in the form of Sabbath years for agricultural land and herd rotations for pasturelands, mankind’s GMO induced yield highs convert the land into an addict, unable to function without regular shots of fertilizer and irrigation.

Again, fertilization and irrigation are important parts of farming and the building up of agricultural land when done in moderation.  However, when these tasks are taken to the extremes under which they are practiced today, they rob both the land and mankind of their most important survival mechanism; self sufficiency.

CAFOs

Another less known but equally widespread practice that may ultimately threaten the food supply is the increased reliance upon Confined Animal Feeding Operations, or CAFOs.  The proliferation of CAFOs, which are facilities where animals are raised in relatively cramped quarters and fed things that are not part of their natural diet (the equivalent of fertilizer in the GMO example above) and injected with antibiotics (the equivalent of pesticides in the above example) poses a twofold threat to the environment.

First, it produces animal based foodstuffs that have been proven to be harmful to humans over time.  Second, and perhaps more importantly for reasons that are obvious, it limits the animals’ natural and mutually beneficial interaction with the land which robs the land of an important means of natural fertilization and rejuvenation, urine and manure.

After a personal epiphany regarding the detriments of setting apart land for conservation, a practice that is widely thought to be beneficial, Ecologist Allan Savory has made it his life’s work to reverse what he now sees as a dangerous policy of conservation.

For over a century, well meaning ecologists like Mr. Savory have labored under the belief that desertification, the fate that awaits the land when mankind and animals cease or severely limit their intercourse with it, was the direct result of large herds of animals grazing upon it.  The initial conclusion of attributing desertification to large scale animal grazing is a logical one.  After all, if one has seen the relative devastation that large herds leave in their wake, one can only conclude that the animals alone are responsible for desertification, as they leave the land barren and trampled.

Yet Savory holds out that this first analysis is incomplete.  In fact, it is necessary for animals to consume, trample on, and leave their excretions on the land so that it may be left in peace to rejuvenate itself with the necessary fertilizer and just the amount of greenery necessary to thrive.

Part of the logic of Mr. Savory’s approach is that if the animals are left to graze freely, they will leave the land for greener pastures, as it were, once they have eaten the top layers of grass and shrubbery, the equivalent to pruning a plant.  Furthermore, the animals will quickly tire, as anyone would, of tromping through their own excrements in search of food, leaving the land both pruned and fertilized.  The land will then rejuvenate itself in time for the next grazing cycle.

While it has remained on the fringe of land management, Mr. Savory’s work has received the endorsement of royalty.  At the 2012 World Conservation Congress, none other than the Prince of Wales gave this endorsement of Savory’s methods:

“I have been particularly fascinated, for example, by the work of a remarkable man called Allan Savory, in Zimbabwe and other semiarid areas, who has argued for years against the prevailing expert view that it is the simple numbers of cattle that drive overgrazing and cause fertile land to become desert. On the contrary, as he has since shown so graphically, the land needs the presence of feeding animals and their droppings for the cycle to be complete, so that soils and grassland areas stay productive. Such that, if you take grazers off the land and lock them away in vast feedlots, the land dies.” {via wikipedia.org}

While GMOs and CAFOs may appear to be nothing short of modern miracles with respect to food supplies, they are a result of man attempting to control the land as opposed to working with the land for mutual benefit.  Left to its own devices, mankind will destroy the land to the extent that it wishes to unilaterally exert its will upon it.  What is needed, then, is an acute awareness that to destroy the land through an exertion of unnatural control over it, is to destroy ourselves.

Conservation dooms the land to desertification

It is clear that the land, mankind, and animals live together in a delicate balance.  Maintenance of this balance requires both constant interaction between mankind and nature and a measure of restraint, a general recognition that nature cannot be controlled in a healthy manner.

The opposite of the action of building up the land is a term that implies something that could not be farther from the truth:  Conservation.

The term conservation implies the maintenance and upkeep of something.  In terms of land management, it may be mistaken for actions taken or not taken to build up the land.  However, in practice, conservation has come to embody a form of forced abstinence on the part of man with regards to the land.

There is much debate and scientific evidence which points to the activities of mankind being the ultimate cause of climate change and desertification.  These findings are true to the extent that mankind’s activities are not aimed at building up the land.  However, the only thing worse than mankind working to throw nature further out of balance by chasing a misplaced monetary premium is for mankind to abstain from interacting with the land altogether in a vain hope that the land would be better of without us.

The land needs mankind, and mankind needs the land.  Both the land and mankind need animals to freely roam over the land rather than suffer in the constraints of a CAFO, the equivalent of prison in the animal world.  All efforts to halt this natural interaction are an unwitting step towards squandering what arable land remains on the planet.

Stay tuned and Trust Jesus.

Stay Fresh!

David Mint

Email: davidminteconomics@gmail.com

Key Indicators for May 8, 2013

Copper Price per Lb: $3.34
Oil Price per Barrel:  $96.53
Corn Price per Bushel:  $6.75
10 Yr US Treasury Bond:  1.76%
Mt Gox Bitcoin price in US:  $113.38
FED Target Rate:  0.12%  ON AUTOPILOT, THE FED IS DEAD!
Gold Price Per Ounce:  $1,472 THE GOLD RUSH IS STILL ON!
MINT Perceived Target Rate*:  0.25%
Unemployment Rate:  7.5%
Inflation Rate (CPI):  -0.2%
Dow Jones Industrial Average:  15,105
M1 Monetary Base:  $2,565,500,000,000 LOTS OF DOUGH ON THE STREET!
M2 Monetary Base:  $10,571,400,000,000