Hmm. Might be a good time for me to drain my checking account and getting some more hard assets. Was saving up for a down payment on a home... but with the way things have went since Nov. 3rd, probably won't really be a home to get in a few months anyways.
Put a portion of your cash into a fire proof safe and hide it. You're probably not earning much on interest in the bank. Gives you a small backup plan in event of a bank run or some other shortage (like the coin shortage last year).
Yeah you want to hedge against both inflation and deflation. Remember the Great Depression was worsened because the federal reserve eliminated 30% of the money supply overnight to "fix" inflation
As soon as they were established they printed money to fund their great war and then soaked up all the cash to make sure the people stayed poor in the aftermath. Can't let the plebes get ahead.
And removed all the gold from the system by an ILLEGAL "Executive Order" that "supposedly" made it illegal to own US gold coins, or Any gold for that matter.
Hmm. Might be a good time for me to drain my checking account and getting some more hard assets. Was saving up for a down payment on a home... but with the way things have went since Nov. 3rd, probably won't really be a home to get in a few months anyways.
Put a portion of your cash into a fire proof safe and hide it. You're probably not earning much on interest in the bank. Gives you a small backup plan in event of a bank run or some other shortage (like the coin shortage last year).
Yeah you want to hedge against both inflation and deflation. Remember the Great Depression was worsened because the federal reserve eliminated 30% of the money supply overnight to "fix" inflation
As soon as they were established they printed money to fund their great war and then soaked up all the cash to make sure the people stayed poor in the aftermath. Can't let the plebes get ahead.
And removed all the gold from the system by an ILLEGAL "Executive Order" that "supposedly" made it illegal to own US gold coins, or Any gold for that matter.
Good advice about the fire safe etc