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How do we prepare for hyperinflation?

submitted by Systemisgay to EconomicCollapse 3.8 yearsJun 30, 2021 19:45:32 ago (+3/-0)     (EconomicCollapse)



12 comments block


[ - ] RecycledElectrons 0 points 3.7 yearsAug 20, 2021 19:46:22 ago (+0/-0)

Those who do the best in hyper-inflation are those who get money from the Government and have political clout.

Those who someone would think do the best are those who collect regular payments and can raise the prices (e.g., landlords) but they get screwed by tenants who cannot pay, by government rent controls, and by having to constantly guess the right inflation level while the inflation is manipulated by billionaires who want them to go bankrupt so they can buy their properties for pennies on the dollar.

[ - ] account deleted by user 3 points 3.8 yearsJun 30, 2021 19:59:34 ago (+3/-0)

account deleted by user

[ - ] Tallest_Skil 1 point 3.8 yearsJun 30, 2021 19:57:43 ago (+1/-0)

We don’t. It won’t be allowed to happen. Food is just going to keep getting more expensive, so if you don’t already have land on which to have a garden, you’re probably screwed by now. Depending on how much land you own, you could get chickens, too. No one wants to be a vegan and we can’t grow peanuts in normal white peoples climates. Everything else, just get a government handout for it. Because we sure as shit aren’t going to fight rising prices.

[ - ] WhiteCollarCriminal -1 points 3.8 yearsJun 30, 2021 20:36:27 ago (+0/-1)

You ever smell chicken shit, I think I'd rather go vegan!

[ - ] Nosferatjew 2 points 3.8 yearsJul 1, 2021 03:46:21 ago (+2/-0)

I have chickens, their shit has essentially no odor. I really don't get what people are always bitching about. Maybe I just don't have enough chickens? I dunno.

[ - ] deleted 0 points 3.2 yearsMar 7, 2022 20:22:39 ago (+0/-0)

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[ - ] pshawman 0 points 3.8 yearsJul 1, 2021 08:42:04 ago (+0/-0)

Guns for so many reasons. And BIC lighters.

[ - ] germ22 0 points 3.8 yearsJul 1, 2021 07:14:15 ago (+0/-0)

Convert your money to assets, preferably useful stuff like tools.
When nobody can afford to buy stuff, you can use your tools to barter your skills and make things to trade for food or other goods.

[ - ] deleted 0 points 3.8 yearsJul 1, 2021 00:44:10 ago (+0/-0)

deleted

[ - ] beece 0 points 3.2 yearsMar 7, 2022 20:24:19 ago (+0/-0)*

If you're the Cogdis5 from SA, putting a bit of that into Cryto means you can slip over the border and have all of it back in your pocket. Silver will be in some FLA bandits pocket.