Posted on 03/10/2021 4:30:33 AM PST by MeneMeneTekelUpharsin
Folks...it is becoming apparent that the Democrats are pursuing policies that are going to collapse our economy. They are also taking steps to make sure they never leave power. What is a person to do? We have the examples of Argentina and Venezuela clearly before us. Anyone have some helpful ideas? Ferfal of Argentina has a blog spot and wrote a book, but information from our situation here would be helpful.
real estate. You would want to borrow as much as possible to buy as much as possible for as little down as possible then pay them off with inflated dollars. The key though is to have a business, any kind of business because you need a way to earn inflated dollars.
no.. actually its the opposite, you want maximum debt possible during hyper inflation, because then you can pay it off with inflated dollars.
In hyperinflation, housing might not keep up. it could do nearly the opposite, as the masses will never afford to buy. It’s almost that way now. What good is a 3% mortgage when the property value is under water?
Or when your income dries up. When loans are good deals, it’s the beginning of trouble.
Good list worth saving.
This all assumes the borrowing interest rates are fixed, correct, and variable rates are the death knell.
You can’t eat gold and it won’t heat your home. Gold is supposed to preserve purchasing power but in times of survival, no one cares about gold or paper money.
Starvation turns human beings into savages. In Venezuela, people are eating their dogs.
The only tradable exchange currency during such times are BEANS AND BULLETS. Gold, silver, diamonds have no value.
The best way to play gold is to sell into the fear, buy ammunition and food stocks and use profits to buy back gold as it crashes.
Gold in such times is a unit of emotion, of fear.
Problem with real estate right now is that we appear to be at the very height of the market — lowest inventory ever, highest demand ever, bidding wars galore. Prices in places I’ve been looking to buy have gone up around 15% since the Chinavirus operation commenced. I feel like I’m now priced out (paying cash).
land you own free and clear.
Eliminate debt, buy land. Take up gardening.
The only problem with gold (well, maybe not the only problem) is that the government already outlawed private ownership of gold once. Yes, you could horde it, but exchanging it for goods and services would be problematic.
Another problem would be transferring it out of the country, at least by air, as I assume airport metal detectors would notice.
ML/NJ
Amorphous, if you can afford them.
They are half as efficient as crystalline, but are lightweight and work in any light, even diffuse, and barely care what direction you point them - so over the course of the day they will usually produce more total electricity.
And then you can pay whatever taxes the government(s) demand, unless you have a bigger army than they do.
ML/NJ
If we get hyperinflation, the Guard in D.C. will not matter. Pne of the main reasons is that the Guard themselves will be waiting for Democrats.
And firing squads are a very efficient means of eliminating the slime, vermin, low life POS currently there.
Have no doubt, most of the military loathes Democrats as much or more than we do.
They aren't honest enough to stay bought. You can only rent them like a $20 whore.
Land is great, but almost anything physical and useful. Land, a place to live on said land, appropriate things for cultivating that land (And animals; heirloom seeds) and auxiliary power enough to run a few things.
“Smart money” has been on it for a number of years now.
I believe it started with the big college endowment hedge funds, like Harvard—but it became widespread down to the family office level.
Farmland!
Depends on why your investing. If your good on the basics for survival and just looking for things that will easily be traded or sold for profit then I would say ammo, tobacco and booze.
Yes—those are survival provisions and perhaps in barter a bit more. I can’t pretend to know where the globalist reset crew are headed in terms of currency hedges, though all of it, including land, are of course ultimately at the risk of seizure in the right/wrong environment.
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