Posted on 09/29/2021 8:21:50 PM PDT by madison10
Given the future plans of that Joetato in D.C. regarding the economy and USA life in general: would it be better to keep funds in a local financial institution or purchase farmland?
If you can find land not in a city limit and can pay cash for it, put assets there.
Based on the soviet model, both will be seized, but in the case of them farm you may be allowed to work it and have them opportunity to steal a few potatoes to supplement your family’s rations.
Tulips.
Resistance would be better. Resistance, before it come to that — to swiping potatoes from a patch you once owned.
I think the word ‘real’ has a meaning in the term ‘real estate’.
they are both material and can both be taken by government
the cash is more portable and moveable
It would be advisable to put your funds somewhere where the U.S. Government can't get its hands on it.
Land titles cannot be hidden. Rather, it is a simple matter for the Government to look into the Land Registry and determine who owns what, and how much of that has to be "taxed to death" or outright confiscated - "for the public good," of course!
Bank accounts and the contents of safe deposit boxes are even easier to seize.
Even burying your cash in the ground doesn't protect it against rampant inflation and devaluation due to printing presses running hot.
That leaves only - well, I won't state the obvious!
Regards,
Yeah, the Feds will never find it then!
/sarcasm
Regards,
You will need wheelbarrows, however!
Regards,
not that many people left today that require a wheelbarrow
and i’d suggest ammo containers to give some fire protection
Sure there are!
If you want to purchase a loaf of bread, that'll be at least two wheelbarrows full of greenbacks - which, by then, will have reached parity with Zimbabwe currency.
Regards,
As one who has had property seized by the government through eminant domain I can’t recommend property. The government will seize it, already has if you consider eviction moratoriums, and you can’t transport it when they decide to massively increase taxes on it. As for investments.... Follow what Paul Pelosi invests in. He has amazing foresight in to extremely profitable companies somehow.
Buy wheel barrows.
Land. When things goes South, as it most surely will, the land will still be there when money becomes worthless. and develop skills that could be of value to others where you have some land so you may be able to barter.
My history teacher told of the huge inflation in Germany before WWII. “They had to use wheelbarrows to carry their cash to the store for a few groceries. And pity the person that had their wheelbarrow stolen but the cash dumped in a heap by the side of the road.”
I so wish you were wrong.
Thank you. The answers were so diverse.
Trying to figure out what to do about that $600 snooping bill. I assume all the morons in DC will ignore the 4th Amendment and happily insinuate themselves in every minute aspect of our lives. In theory I have a choice (land or $$$) but will probably lose a great deal anyway
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