What will you do to get by if severe hyperinflation hits? | |
Anonymous Coward User ID: 80011146 United States 03/19/2022 12:20 AM Report Abusive Post Report Copyright Violation | |
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The_Gardener
User ID: 80914834 United States 03/19/2022 12:33 AM Report Abusive Post Report Copyright Violation | I may have to do some side work in topless dancing to cover the bills. Who is a liar more than one who denies that Jesus is the Messiah? One who denies the Father and the Son is antichrist. Whosoever denies the Son does not have not the Father, either. - 1 John 2:22-23 Daily Prayer & Scripture Reading [link to www.parishprayer.org (secure)] |
Robotanimal
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TGus
(OP) User ID: 8393653 United States 03/19/2022 12:57 AM Report Abusive Post Report Copyright Violation | 1) Pay off all variable-rate credit. (already done) 2) Get a garden started. (already done) 3) Buy as much as I can of things I'll need in the long run. (I'm a prepper already) 4) Put my extra money, no matter where it is, into crypto, and maybe also things I can barter. (partially done) Once it hits, I'll do these things: 1) Don't buy anything I can do without. 2) Make friends with people who can be of mutual help. 3) Use my credit cards, but always pay the purchases as close to under 30 days as possible. This way I'll be buying things cheaper than they will be 30 days later, with no interest. 4) Assuming my pay goes up somewhat, pay off my mortgage as soon as possible. This is because fixed rates may be allowed to increase eventually. 5) Think of cheaper ways to do anything necessary. 6) Keep my precious metals until the hyperinflation is over. Last Edited by TGus on 03/19/2022 01:17 AM |
Anonymous Coward User ID: 82521091 United States 03/19/2022 01:10 AM Report Abusive Post Report Copyright Violation | Hopefully, I'll see it coming, and do these things beforehand: Quoting: TGus 1) Pay off all variable-rate credit. (already done) 2) Get a garden started. (already done) 3) Buy as much as I can of things I'll need in the long run. (I'm a prepper already) 4) Put my extra money, no matter where it is, into crypto, and maybe also things I can barter. (partially done) Once it hits, I'll do these things: 1) Don't buy anything I can do without. 2) Make friends with people who can be of mutual help. 3) Use my credit cards, but always pay the purchases as close to under 30 days as possible. This way I'll be buying things cheaper than they will be 30 days later, with no interest. 3) Assuming my pay goes up somewhat, pay off my mortgage as soon as possible. This is because fixed rates may be allowed to increase eventually. 4) Think of cheaper ways to do anything necessary. 5) Keep my precious metals until the hyperinflation is over. the biggest problem during the great depression was everybody lost their homes and had no place to live america only had a few million people then Now we have 359 million can you imagine the clusterfuck? |
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TheGasMan II
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TGus
(OP) User ID: 8393653 United States 03/19/2022 01:48 AM Report Abusive Post Report Copyright Violation | |
TGus
(OP) User ID: 8393653 United States 03/19/2022 01:48 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 81705930 United States 03/19/2022 01:51 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76016467 Canada 03/19/2022 01:53 AM Report Abusive Post Report Copyright Violation | Max the credit cards out buying tangible assets, then default. Pay the unsecured debt, deficiency judgement or not, for pennies on the dollar, or don't, and let it fall off your report after 7-8 years without ever acknowledging the debt. No debtor prisons in the states, and everything mentioned is 100% legal by their own system. Still hold the tangible assets while they creep in price. Convert as needed for necessities as inflation pushes up prices. |
Queue_for_Q
User ID: 79058541 United States 03/19/2022 01:53 AM Report Abusive Post Report Copyright Violation | Rice, oatmeal, and more rice. We have solar panels, so we can watch some movies or play video games during the day...even if the power and internet goes out. Honestly other than losing social media, life wouldn't change all that much! hahaha Last Edited by Queue_for_Q on 03/19/2022 01:55 AM "Why did you have to go and make things so complicated?" -Avirl Keep It Simple, Stupid. The answer is easy once you know the question... But first, the correct question is very difficult to discover. ...For the answer is singular, but questions themselves are multitude. ______.gg/WGx2TWU |
Anonymous Coward User ID: 81705930 United States 03/19/2022 02:13 AM Report Abusive Post Report Copyright Violation | Rice, oatmeal, and more rice. We have solar panels, so we can watch some movies or play video games during the day...even if the power and internet goes out. Honestly other than losing social media, life wouldn't change all that much! hahaha don't kid yourself other people are not responsible, hyper inflation entails a cataclysm for ordinary society because the vast majority of people are short sighted and oblivious to the danger. this will manifest itself as danger for you, and anyone they resent for not sharing their misery, you will become an object of jealousy an anger to them. no one will enjoy what is coming in any earthly sense. it is going to suck no matter if you are prepared or not. |
Anonymous Coward User ID: 76016467 Canada 03/19/2022 02:16 AM Report Abusive Post Report Copyright Violation | Rice, oatmeal, and more rice. We have solar panels, so we can watch some movies or play video games during the day...even if the power and internet goes out. Honestly other than losing social media, life wouldn't change all that much! hahaha don't kid yourself other people are not responsible, hyper inflation entails a cataclysm for ordinary society because the vast majority of people are short sighted and oblivious to the danger. this will manifest itself as danger for you, and anyone they resent for not sharing their misery, you will become an object of jealousy an anger to them. no one will enjoy what is coming in any earthly sense. it is going to suck no matter if you are prepared or not. Will suck less for those that are well armed and prepared, in a community atmosphere. I imagine there are "many" chomping at the bit for certain conditions to arise within society. Darwinism and such. |
Anonymous Coward User ID: 82500114 United States 03/19/2022 02:18 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 81705930 United States 03/19/2022 02:26 AM Report Abusive Post Report Copyright Violation | Rice, oatmeal, and more rice. We have solar panels, so we can watch some movies or play video games during the day...even if the power and internet goes out. Honestly other than losing social media, life wouldn't change all that much! hahaha don't kid yourself other people are not responsible, hyper inflation entails a cataclysm for ordinary society because the vast majority of people are short sighted and oblivious to the danger. this will manifest itself as danger for you, and anyone they resent for not sharing their misery, you will become an object of jealousy an anger to them. no one will enjoy what is coming in any earthly sense. it is going to suck no matter if you are prepared or not. Will suck less for those that are well armed and prepared, in a community atmosphere. I imagine there are "many" chomping at the bit for certain conditions to arise within society. Darwinism and such. yes, suck less, but still suck. im sure those people are but its a case of careful what you wish for, these are the good old days for sure. |
Anonymous Coward User ID: 79669688 United States 03/19/2022 02:28 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80709027 03/19/2022 02:56 AM Report Abusive Post Report Copyright Violation | As a survivalist, I've learned that there are more than 250 nutritious types of "weeds" growing within walking distance of my house. As survivalist you will learn in practice that most of the things you learning were just bullshit from other people sitting on the couch and eating Doritos from the supermarket. |
Anonymous Coward User ID: 81705930 United States 03/19/2022 03:01 AM Report Abusive Post Report Copyright Violation | As a survivalist, I've learned that there are more than 250 nutritious types of "weeds" growing within walking distance of my house. As survivalist you will learn in practice that most of the things you learning were just bullshit from other people sitting on the couch and eating Doritos from the supermarket. basically this. the idea we can just hunt and forage and garden while the world around us disintegrates is ridiculous. the world that gets 80 or 90% of its calories from monocrop big AG. the world that will rip your legs off to get a can of beans. the natural world is about gone, and only their ultra artificial synthetic systems will remain to feed the masses their pink slime chicken nuggets made of bugs and liquified homeless people. |
Rev Woo-Woo
User ID: 78176490 United States 03/19/2022 03:03 AM Report Abusive Post Report Copyright Violation | My life is such that I can get by on extremely little. Quoting: Anonymous Coward 36411255 I believe I can tolerate high inflation. This ^^^^ I embraced minimalism quite awhile ago. “If we are peaceful, if we are happy, we can smile and blossom like a flower, and everyone in our family, our entire society, will benefit from our peace.” Thich Nhat Hanh, Being Peace "But ask the animals, and they will teach you, or the birds in the sky, and they will tell you; or speak to the earth, and it will teach you, or let the fish in the sea inform you." - Job 12:7,8 "When the going gets weird, the weird turn pro." - Hunter S. Thompson revstargazer (at) hotmail.com |
Anonymous Coward User ID: 81705930 United States 03/19/2022 03:07 AM Report Abusive Post Report Copyright Violation | My life is such that I can get by on extremely little. Quoting: Anonymous Coward 36411255 I believe I can tolerate high inflation. This ^^^^ I embraced minimalism quite awhile ago. doesnt matter what you can survive on. you dont live in a vacuum. you wont get to just carry on in post ww2 prosperity while your neighbors are stripping out copper from the abandoned house next to yours. |
Rev Woo-Woo
User ID: 78176490 United States 03/19/2022 03:10 AM Report Abusive Post Report Copyright Violation | My life is such that I can get by on extremely little. Quoting: Anonymous Coward 36411255 I believe I can tolerate high inflation. This ^^^^ I embraced minimalism quite awhile ago. doesnt matter what you can survive on. you dont live in a vacuum. you wont get to just carry on in post ww2 prosperity while your neighbors are stripping out copper from the abandoned house next to yours. That won’t happen where I live. “If we are peaceful, if we are happy, we can smile and blossom like a flower, and everyone in our family, our entire society, will benefit from our peace.” Thich Nhat Hanh, Being Peace "But ask the animals, and they will teach you, or the birds in the sky, and they will tell you; or speak to the earth, and it will teach you, or let the fish in the sea inform you." - Job 12:7,8 "When the going gets weird, the weird turn pro." - Hunter S. Thompson revstargazer (at) hotmail.com |