What about utilizing a trust or some other type of tool(s) to minimize taxes or shelter assets?
Or, one can always stash cash.
Argh. I am just feeling pessimistic tonight. What I see ahead, shelters and cash stash, aren’t going to be useful.
I am thinking that the greenback is going to be like confederate money at the end of the Civil War, and we are going to be like the citizens of the South when it ended.
And I am a Yankee.
I guess I just don’t see how we can print trillions of dollars without facing runaway inflation.
Nobody seems to think that is much of a problem, but I do. Everyone thinks it can’t happen here.
History is full of people who had rich and prosperous lives, never wanting for anything, but they ended up stuffing paper inside their jackets to stay warm and eating things they would never have otherwise eaten whilst walking in a stream of refugees somewhere.
So many Americans think we are different, and that we can just mistreat our economy (as is now being done by this administration in a new and vigorous way) without any long term effects.
And the people we hoped would stand up are completely and totally silent.
Kind of like getting to the point where the Constitution and rule of law means nothing, and politicians simply do what is expedient to stay in power, even if it means destroying the country.
I am going up to Maine for a week soon, and it looks like a week of complete solitude. I am so pessimistic right now, I really REALLY could use that break.