Slow money is a big topic, but I will attempt to explain it in two short blog posts.
Velocity: Can faster be unfavorable?
Ironically, the faster we go, the less we truly see. Speed insulates us from organic detail, and space becomes not homes, neighborhoods, and individual lives, but a disembodied medium through which we move. Though more is seen, less is observed, for the depth of our understanding is inversely proportionate to our velocity. 1
Perhaps money has been moving too fast in the last century.
Photo (cc) by Flickr user rednuht
To Big To Fail, | Government Bailouts | Credit Default Swaps | Occupy Wall St. | The Other 98% | $15 Trillion In Debt
Can you explain what and why these have happened? Perhaps we wanted to make a dollar so fast, we didn’t look out the side window as to the means to these expeditious ends.
Question: Do you know where your money in your 401(k) is going?
A mutual fund is not a sufficient answer. Do we care to know which companies are receiving our money? Do we care how they make their money? Or do all we care about it is a piece of paper that comes in the mail every quarter stating a percentage, return on investment (ROI), hoping that it is black and positive?
Slow money is an idea that returns the control and understanding of our investments and finances to us vs. financial institutions promising a better ROI.
Now obviously this post has to be about something food orientated. So how does investing in food solve the previous issues, especially when they seem so overwhelming, daunting and ominous?
Tuesday’s post will have a solution and will answer the following riddle:
A raging bull is in front of you. You can’t go around, over, or underneath. You can’t outrun the bull. How do you escape?
1 Stephen Bertmann- Hyperculture: The Human Cost of Speed