tag:blogger.com,1999:blog-6244999628674918029.post635881756637520564..comments2024-03-29T06:50:50.543-05:00Comments on Bayou Renaissance Man: Inflation is being caused by deliberate government policyPeterhttp://www.blogger.com/profile/10595089829300831372noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6244999628674918029.post-27039916645179873142021-06-30T15:37:46.073-05:002021-06-30T15:37:46.073-05:00I'm no expert so take it fwiw. This is what iv...I'm no expert so take it fwiw. This is what ive gleaned from reading around over the years.<br /><br />1. If you want the true life story of someone who lived through the financial collapse and hyperinflation in Argentina 20 years ago, read Fernando Aguirre aka FerFal. He has a couple books out that are chock full of practical ideas that he tested in the fire.<br /><br />2. Seems to be a consensus to buy so called junk silver. Look it up and see.<br /><br />3. Read Peter's older posts that talk about some of this.<br /><br />4. Food security seems priority 1. <br /><br />5. Home defense is a close second. <br /><br />6. Location Location location. If you live in or close to a major city (500k or more), move. That simple. If you live further out but in a neighborhood controlled by collectivists, move. If you have good neighbors and ones who grow food, good deal. If the neighborhood is in a collectivist county or state...tough call. That's my situation and haven't figured it out yet. <br /><br />7. Never hurts to invest in ability to grow your own food. A small family can manage using bucket farming system. Look it up. Hydroponic systems are also out there but...<br /><br />8. Ammo may well become a quasi currency if the dollar collapses. Hey, why not stock up?<br /><br />9. Retirement accounts. Ugh. Pretty sure anything with a bank or invested will disappear but it's tough to move. Tax issues, risky...ugh. Studying this one too.Tschifty Mccoyhttps://www.blogger.com/profile/04145718212696956164noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-66920429004301566062021-06-30T14:46:40.189-05:002021-06-30T14:46:40.189-05:00Michael, all I can think of is holding physical pr...Michael, all I can think of is holding physical precious metals. I hold Pb. I am not being entirely facetious because many people are ready and willing to pay the current inflated prices. And it is fungible.Rickhttps://www.blogger.com/profile/15452530649659364201noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-54271249546130309942021-06-30T06:28:59.055-05:002021-06-30T06:28:59.055-05:00Big government LOVES high inflation because it mak...Big government LOVES high inflation because it makes the value of the national debt less.<br />Matthew Whttps://www.blogger.com/profile/15779512563348051103noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-50400483423349240402021-06-29T19:11:53.988-05:002021-06-29T19:11:53.988-05:00Peter I enjoy your blog and read it daily. Someti...Peter I enjoy your blog and read it daily. Sometimes I even listen to the music!<br /><br />However I think your preaching to the Choir here friend. <br /><br />Anybody not addicted to CNN's Hopium KNOWS the Government IS the Problem and Inflation FROM the FEDs Magic Money Machine is ROBBING you and I of our Savings and Value of our Labor Hours.<br /><br />Does anybody have an good ideas on How to Reduce the Damage to Me and my family from the conversion of our once Proud Republic into Venezuela?<br /><br />Brown outs, just in time failures, scarcities ALL things that were RARE just a few years ago aside from a Major Weather Event or three.<br /><br />Suggestions as to Actionable Ideas would be nice.<br /><br />Oh and a music suggestion for you Peter Life Song by Casting CrownsMichaelhttps://www.blogger.com/profile/05329176313885665469noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-73053950259284835792021-06-29T17:16:19.098-05:002021-06-29T17:16:19.098-05:00Yet the USD Index from kitco.com has been holding ...Yet the USD Index from kitco.com has been holding 90 for years now though I remember it falling into the 60 and 70 about a decade ago? How is this index determined? <br /><br />Gold should be at $5k per ounce and silver a couple of hundred dollars if there were some honest accounting. The Lab Managerhttps://www.blogger.com/profile/17314871529571094106noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-66698362912223805832021-06-29T12:59:48.910-05:002021-06-29T12:59:48.910-05:00Trying to decide if this means I want to make the ...Trying to decide if this means I want to make the big purchase now, while I can get a good interest rate, or hold off because I may need that money for groceries.<br /><br />(I don't actually want to make the purchase, but hubby has his heart set).Dragon Ladyhttps://www.blogger.com/profile/09123927712474461296noreply@blogger.com