A real pig was a way that families used little bits of waste/extra to create value. There are other proverbs and terms that refer to this. Most recently, the “pig slaughter scam” in which a likely victim is cultivated, “fattened up,” to give a big payout. The scammer develops the victim, builds them up so they really believe in the scammer and will put a lot of money into an “investment” or something similar.
In a non-criminal context, a poor working class family could create a little extra, some pork for the winter, by being careful with their meal scraps and looking after the pig. In lieu of an actual pig, you could save your extra pennies in a change bank and when it’s full, slaughter it like you would a pig in November and get the payout.
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