Industrial Hemp

In Search of the Next Reserve Currency

Plant a kernel of corn, receive an ear of corn with approximately 300-500 kernels of corn back. What's this? Its how wealth is created. No manipulation of painting a wall of corn and saying its corn, no building of corn silos and telling the public they are full, no BS. This is a simple example of how wealth is CREATED.

You can take that ear of corn, eat all of it but 1-2 kernels, and save those kernels for next year's planting. The remaining kernels can be consumed by the farmer and used to pay for expenses, but there will still be plenty left to be sold, and that's where the real wealth comes from.

The US used to have a manufacturing economy, which made it several levels above simply growing corn as in the simplified example above. However, the promise of a "knowledge economy" to replace manufacturing never happened, and in addition is not the way to go anyhow. A knowledge based business is great, but is actually just another layer above manufacturing. Manufacturing does not and should not be replaced. Perfect example of a nation that gets this? Japan!

So, what has become of the US? Well, rather than create wealth as in the simplified example above, we've become a nation of consumers. So, that's like importing all the corn and eating it. All the while relying on someone else to produce the corn. Consumption does not create wealth, unless of course you are a pig and are getting fat off the corn to be slaughtered! Then, yes, consuming corn is just fine, the wealth created is in the production of pork, which is more valuable than corn. Same for producing whiskey, rather than corn alone.