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re: Hyperinflation is going to change everything. It’s happening
Posted on 10/25/21 at 10:27 am to NashvilleTider
Posted on 10/25/21 at 10:27 am to NashvilleTider
quote:
Hyperinflation is going to change everything. It’s happening
Hyperinflation will be the final crushing of the economy thus enabling the globalists to reinstall a newer, fresher government unshackled by the dated Constitution. This makes Jack a playful boy.
0
Posted on 10/25/21 at 10:34 am to LRB1967
quote:
Eliminate debt
Why do people keep saying this.
You do NOT eliminate debt to prepare for hyperinflation. The debt, practically, eliminates itself. If a person KNOWS hyper inflation is coming, they build debt by buying up assets - then sell some assets to pay off the meaningless debt and they end up with the rest of the assets for free
Hyperinflation is the ultimate transfer of wealth to debt holders - and who has a shite ton of debt and assets right now? The government
This post was edited on 10/25/21 at 10:37 am
Posted on 10/25/21 at 10:36 am to theunknownknight
What kind of assets would you buy to prepare?
Posted on 10/25/21 at 10:38 am to Oates Mustache
quote:
What kind of assets would you buy to prepare?
Land, houses, guns, ammo, cows, farms
Basically EVERYTHING the government and black rock have been buying. In the end, it is highway robbery because the government creates the inflation that makes it richer
This post was edited on 10/25/21 at 10:39 am
Posted on 10/25/21 at 10:49 am to Oates Mustache
quote:-Keep as little cash on hand/in banks as you can
What kind of assets would you buy to prepare?
-Do not pay a penny extra on low interest debt
-Acquire Crypto, stocks, real estate
-Acquire items now that will be more expensive in the future (and more useful if prices rise) such as tools, food, ammo, guns, medical supplies.
Posted on 10/25/21 at 11:22 am to TigerTatorTots
At least we will all be able to pay off our houses with useless dollars, right? Not so fast.
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