Any ideas on ways to insulate a person from the coming hyperinflation? Buying foreign currency perhaps?
Hard assets, commodities. You have the 70's as reference, there were several books written on the subject. Forest products (lumber and pulpwood for paper) were hot, so tree farms might be good if you have the resources to acquire. Numismatic coins in precious metals were good. Collectibles were hot, but it's difficult to anticipate what might be "hot" a second go-round.
But, I'm not so certain, at least not yet, that all the hand-wringing is warranted. The dollar is improving. Gold is about $25.00 oz. off its recent highs. It bears watching, but I wouldn't go jumping into a full-bore inflation strategy just yet.