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#1
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How to survive hyper inflation...
Given the recent developments in our country especially the out of control spending and the Fed's fetish with printing money out of thin air whenever they please I've been wondering if there are some lessons that we should be learning from the nations that have gone through difficult period of hyper-inflation (Germany in 1923, and more recently Argentina, Zimbabwe etc).
Wonder what the hyperinflation survivor kit for ordinary people should include...? Some purchase gold to protect their investments, but what about our daily lives (groceries, household items, etc) - wonder if there are things that once can do to protect ourselves and our loved ones during those times... what do you think?!
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1987 Mercedes 300SDL; SOLD 1985 Mercedes 300D; SOLD 2006 Honda Pilot - wife's ride; 122K; 1995 Toyota Land Cruiser - 3X locked; 182K |
#2
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I guess you could stock up on things that don't perish that you need often... that would free money to other items in the future...
Are there many investments that adjust with inflation directly + interest?
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2006 BMW M5 "Heidi" @ 109,000 miles 2005 MBZ C55 AMG "Lorelai" @ 165,000 miles 1991 MBZ 300E "Benzachino II" @ 165,000 miles 1990 MBZ 500SL "Shoshanna" @ 118,000 miles (On the hunt for a good used M103 engine as of 6/10/23, PM me if you have one to sell!) |
#3
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guns, ammo, property away from urban areas, livestock, seed, simple DIY vehicles and oh yeah, did I mention guns & ammo?
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#4
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Probly a good start of a list... plus grain, water and salt...
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1987 Mercedes 300SDL; SOLD 1985 Mercedes 300D; SOLD 2006 Honda Pilot - wife's ride; 122K; 1995 Toyota Land Cruiser - 3X locked; 182K |
#5
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When the deflationary environment the country is experiencing stops - I'll give it some thought.
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#6
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An old Mercedes, 10 barrels of vegetable oil and 60lbs of NaOH still sitting in the back yard, left from when I quit making biodiesel. At least I'll be able to afford to drive around for a while.
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Ich liebe meine Autos! 1991 Mercedes-Benz 560SEL | Megasquirt MS3-Pro | 722.6 transmission w/ AMG paddles | Feind Motorsports Sway Bar | Stinger VIP Radar | AntiLaser Priority | PLX Wideband O2 | 150A Alternator | Cat Delete 1981 Mercedes-Benz 300SD | Blown engine, rebuilding someday... 1981 Mercedes-Benz 300SD | Rear ended, retired in garage. 2009 Yamaha AR230HO | Das Boot Excessive speeding? It ain't excessive till I redline! |
#7
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Lets not forget old idi (turbo) diesels and a supply of WVO-and a filtering rigg.
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#8
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In inflationary periods real estate is usualy a good investment. I would also recomend silver and gold.
I invest only in real estate and guns; IMHO I can't go wrong with either.
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1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200 |
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