Money quickly becomes worthless in a SHTF scenario. I just wish I were really good at sniffing hyper-inflation right before it happens. I'd dump everything: savings, bank accounts, credit-cards, lines of credit: all of it, on BTC. Keep in mind: in this scenario, I've already stocked-up on prepper supplies by the time IT'S HAPPENING™. Walk-away from currency and trade/barter what real-world assets I've built up. Cross my fingers and hope that once shit stabilizes, people still use BTC in parts of the world that didn't get stone-age'd.
Real inflation is up 25-50% this year (depending on the sector you're looking at).
Next year that number will be more like 50-75%.
At least you saved 16 cents during 4th of July
And no mean tweets.
Of course, that moron contributed to the problem. This (2021 prices) is Trump's inflation (the only thing that kept it in check was how much oil we sucked out of the ground), can't wait for the Xiden inflation to hit starting next year. Wholesale prices are up 30%, allegedly.
Hyperinflation is here, the prices just haven't hit yet. I might have missed it, but there's no hot toy this year.
At least you saved 16 cents during 4th of July
Spending is not saving.
Even we are daily subject to the poison of sophistry apparently.
by the time IT'S HAPPENING™.
Soon™.
(post is archived)