[rightwingcrazy]

“...with consumers freaking out over soaring inflation we are about to enter a buyer’s strike because with the Fed repeating over and over that hyperinflation is transitory, consumers would rather hold on to their cash...”

They are holding onto cash which, if the expectation of inflation is correct, will be worth less and less. I would think a rational reaction would be to buy all the durable, fungible goods that you can. Anything that holds value as the dollar loses value.

Maybe if people were to stop buying things, inflation would slow, but I would expect a lot of pain along the way.

[catnipman]

“They are holding onto cash which, if the expectation of inflation is correct, will be worth less and less. I would think a rational reaction would be to buy all the durable, fungible goods that you can. Anything that holds value as the dollar loses value.”

indeed ... UNLESS the sheeple are buying into the propaganda that the inflation is “transitory” ... (boy are THEY gonna be in for an unpleasant surprise ...)

[pnut22]

I am investing in groceries. Cases of anything shelf stable that may become unavailable. Coffee, peanut butter, soups and canned meat. Not a big fan of spam but will welcome it for breakfast if SHTF. Can’t munch on dollar bills.

[Oatka]

They are holding onto cash which, if the expectation of inflation is correct, will be worth less and less.

Put a percentage of that into gold and silver. Both have been hammered lately as the market manipulators try to shake the weak holders (i.e. "investors) out of the trees.

Yeah, the money value has dropped, but the coins and bars still weigh the same. When people FINALLY wake up and flee to commodities to preserve their wealth, the tide will turn.

At the least, owning physical gold and silver keeps you out of the banking system, so when the ATMs don't work and the banks restrict withdrawals, you will still be liquid.

Put the glasses on: