There's a new bubble in town - agricultural property.
Prime agricultural land in the US is going for $10K per acre.
Do the math. After all the equipment, seeds, fertilizer, at current yields, and current prices, you're not going to make up that up in 100 years.
And before you scream "inflation", please note that the afore-mentioned "inflation" affects equipment (metals, energy, manpower), seeds, and fertilizer (energy) at the same rate. There is no "magic" here that allows you to get out.
Also, there's a super-secret, sizzling sauce that is gonna crush the above with deflationary forces. (Hint: it's called Africa.)
GAH! This is getting boringly predictable.
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