Things you can physically hold and use - stocks and bonds would be useless, unless you can afford to hold them for 50 years....
Personally I think before any hyper inflation takes place we will have Deflation....
I can only speak about what’s happening in Northern Florida, but real estate is booming, especially high end real estate, 500k to over 1 million dollar properties are selling fast....
A large percentage of people right now owning homes have never experienced high inflation and soaring interest rates with an overall collapse of the economy....
Think back to Jimmy Carter and the 1st two years of Reagan.....We nearly had double digit unemployment and interest rates...
My first mortgage was 11.15% and was lucky to get that, a 30-year loan now are under 4%....
The Real Estate market would plummet if mortgage rates went back over 10% which could easily happen...
What would happen to the overall economy if that happened ??
Not to mention the auto industry, no more interest free auto loans...
IMO, cash will be king when this happens, my strategy is hard assets, land will be my area to look at, especially in Florida as people continue fleeing Communist States..
Especially rural land as cities continue to fail...
For SHTF times, ammo, canned food, alcohol, tobacco.
For lesser but still precarious times, I am now looking into cryptocurrency.
Things you can physically hold and use - stocks and bonds would be useless, unless you can afford to hold them for 50 years....
Besides one or two solar generators, as I posted before. New 12 volt vehicle batteries to power lights, microwave and ?.
One of our younger relatives has some suggestions:
Sleeping bags that zip together, one light pair and one medium pair. Even in California, when the temps get down to freezing outside, you need some way to keep warm at night when you have no natural gas or electricity to heat your home.
Efficient electric Room fans that can circulate the air from one of your rechargeable 12 volt batteries with a power inverter.
High end portable water filter.
Water catchment systems to capture rainwater running off roofs for flushing and whatever or to get drinking/cooking water via your high end filter.
Good canned soups that don’t need water added and canned veggies/meats that can be added to the soups or eaten by them selves.
Carbs as crackers or high end cereal.
TP, facial tissue, paper or bamboo towels.
As much otc drugs like eye drops, steroid nasal sprays, anti histamines and ???? as you can afford and rotate the stock by buying new and storing it and use the oldest dated products.
First aid kits and supplies for the kits.
Weapons and a lot of ammo. Cigarettes and beer.