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Started By
Message
Assuming hyperinflation is coming....
Posted on 1/7/21 at 3:25 pm
Posted on 1/7/21 at 3:25 pm
What is the best way to preserve cash?
Index funds?
ETA:
You don't have to agree with the premise, I don't want this to derail and become political.
Index funds?
ETA:
You don't have to agree with the premise, I don't want this to derail and become political.
This post was edited on 1/7/21 at 3:26 pm
16
Posted on 1/7/21 at 3:26 pm to F73ME
Hold appreciating assets. Not cash.
Posted on 1/7/21 at 3:26 pm to jimbeam
Obviously.... I was looking for more of practical examples of appreciating assets.
Posted on 1/7/21 at 3:27 pm to F73ME
Stocks
Crypto
Real estate in the right areas
Business catering to a lifestyle of everyone being paranoid in their houses
Crypto
Real estate in the right areas
Business catering to a lifestyle of everyone being paranoid in their houses
Posted on 1/7/21 at 3:30 pm to F73ME
Hyperinflation is not a realistic thing to worry about
Posted on 1/7/21 at 3:34 pm to MusclesofBrussels
quote:
Hyperinflation is not a realistic thing to worry about
Why not? I have to admit, I've been thinking a lot about it lately as well.
Posted on 1/7/21 at 3:35 pm to F73ME
Gold is always a good hedge vs inflation
Posted on 1/7/21 at 3:37 pm to F73ME
We can barely get regular inflation, much less hyper inflation.
But having it all in equities is the safest, easiest play.
But having it all in equities is the safest, easiest play.
Posted on 1/7/21 at 3:42 pm to F73ME
it's bitcoin today and it was bitcoin 9 months ago when this thread came up and I was overwhelmingly downvoted lol
Posted on 1/7/21 at 3:47 pm to barry
quote:
We can barely get regular inflation
A two-piece combo from Popeyes is $11 here. That's with only one side.
Posted on 1/7/21 at 3:52 pm to F73ME
Dollar denominated assets appreciate in value as the dollar falls.
Posted on 1/7/21 at 3:56 pm to rocket31
quote:
it's bitcoin today and it was bitcoin 9 months ago when this thread came up and I was overwhelmingly downvoted lol
It would be nice if this forum showed who gives the up or down votes so you could laugh at the ones that down voted you 9 month ago, wouldn't it?
Posted on 1/7/21 at 3:58 pm to AUHighPlainsDrifter
Posted on 1/7/21 at 4:00 pm to barry
quote:
We can barely get regular inflation
You can't be serious. I'd argue that we're seeing increase in cost of living more than 1.5% each year. I'm not worried about hyperinflation but we may have a reckoning soon with the purchasing power of the dollar running up against the rising cost of staple goods and services.
Posted on 1/7/21 at 4:05 pm to F73ME
quote:Anyone who says something other than Bitcoin is giving you bad advice. Its whole purpose is wealth preservation.
What is the best way to preserve cash?
Posted on 1/7/21 at 4:05 pm to barry
quote:That is if you go with the random basket of goods CPI that does not measure real inflation.
We can barely get regular inflation, much less hyper inflation.
3 piece at a fast food place is $4.00
3 piece rises to $6.00 but now a 2 piece is $4.00
You now buy the 2 piece for $4.00 so you don't have to spend $6.00 on a 3 piece
That is not considered inflation with how inflation is measured by the Fed.
This post was edited on 1/7/21 at 4:08 pm
Posted on 1/7/21 at 4:10 pm to GhostofJackson
chapwood index measures it at 10-12% per year on average in big cities
cpi says ~2%
truth probably somewhere in the middle but if you consider the cost of things only five years ago 10% doesn't seem like too outlandish of a number
my used car is worth more than what I paid for it in 2016 lmao
cpi says ~2%
truth probably somewhere in the middle but if you consider the cost of things only five years ago 10% doesn't seem like too outlandish of a number
my used car is worth more than what I paid for it in 2016 lmao
This post was edited on 1/7/21 at 4:11 pm
Posted on 1/7/21 at 4:10 pm to James11111
You must have missed the news about the chicken price fixing
Posted on 1/7/21 at 4:11 pm to barry
quote:
We can barely get regular inflation, much less hyper inflation.
But having it all in equities is the safest, easiest play.
Says cpi which will never find inflation which is why they use it so they can keep printing. If the cpi starts to show inflation, they will simply change the calculation so it doesn't again.
Take a look at any desirable asset with any degree of scarcity over the last 5 years and let me know how that 1.5% annual holds up. I'll hang up and wait.
Posted on 1/7/21 at 4:21 pm to TigerTatorTots
quote:
Anyone who says something other than Bitcoin is giving you bad advice. Its whole purpose is wealth preservation
And we believe that governments won't devalue it or steal it somehow?
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