4 ms·
Raising chicken is a recession-proof investment which made robust by 'cloning' <- you put initial capital, got divident of its type; type can be money, chicken,
by dingleberry 10y ago
Raising chicken is a recession-proof investment which made robust by 'cloning' <- you put initial capital, got divident of its type; type can be money, chicken, plant, whatever; multiply base by cloning.
I plant kangkong. Initial capital is 1usd, about 300 stems. harvesting biweekly, i get 2600% roi. That's divident part.
I can clone the kangkong by cutting and replant cut stems. It's multiplying the capital part.
Similarly with chicken, one can eat dividend (eggs) and multiplying base (breeding/'cloning')
with cash only, i cannot get good dividend (say, by buying bond); much less luck with cloning cash legally.
Extrapolating to basic income, observe that poverty is lifted fast if the cash is invested in high roi activities (like entrepreneurship) that grow and scale fast.
It's the type of activity that matters more than the cash.