[taxcontrol]

So what market positions can one take to minimize the impact of devaluation if you get paid in dollars?

[rabscuttle385]

So what market positions can one take to minimize the impact of devaluation if you get paid in dollars?

The big gorillas in Washington and New York will do whatever it takes to protect themselves, even if such actions inadvertently destroy the rest of the United States and her citizens.

Figure out ways to benefit from their idiocy that don't hurt you now, and you will win in the long run. [Examples: fixed-rate thirty-year mortgage on your house; fixed-rate Federal (not private) PLUS, Stafford, and other student loans (if you use PLUS, find a lender who grants forbearances until graduation) to finance the entire cost of your child's education beyond any grant or scholarship assistance]. Invest in things that won't devalue: your family, education, etc.

[happygrl]

So what market positions can one take to minimize the impact of devaluation if you get paid in dollars?

Buy stock in wheelbarrows ?

[Centurion2000]

So what market positions can one take to minimize the impact of devaluation if you get paid in dollars?

Brass and Lead; silver; weapons; soon-to-be-forbidden knowledge; liquor never devalues (at least that I've seen)

Cigarettes make good trade goods too.

If we ever hit hyperinflation, pay off your mortgage / debts as late as possible but before the revluation of the currency.

[screaminsunshine]

Get paid in silver or gold.