What are you doing to prepare for when the dollars inflation finally starts to creep

[mikebadg3]

In.

I am personally going to be getting out of fiat currency and going towards gold or some sort of limited currency

[Smegmalion]

I’m going to try and offset the affect of inflation by getting 110% returns on ARKK

Also trying to find out how to buy some DCA and BTD

[DeshaunWatson]

Starting to buy physical silver

[nin-com-poop]

My dad tells me not to panic. He's not involved in finance, but he's just saying that based on what he's observed with Democrat administrations since he began investing.

[Dave22reborn]

Biden is gonna wave a magic wand, and prevent anything bad from happening.....

[NuggzTheNinja]

My dad tells me not to panic. He's not involved in finance, but he's just saying that based on what he's observed with Democrat administrations since he began investing.

Did dad catch this gem?

https://cryptonews.com/news/idea-of-...nting-8973.htm

Yellen wants to tax unrealized capital gains. Insanity. No way to spin it - this would destroy the middle class.

[radrd]

Drinking a massive amount of soda so I can trade in the cans when the value of aluminum skyrockets.

[fishnbrah]

Preparing to lay down and rot

[lexbishop]

I have a dual citizenship. I'm planning multiple exit routes.

I did everything I could to warn people while simultaneously protecting myself and the websites I post at.

I was one of the first to tell you all coronavirus is a giant psyop unless you're old or fat and I built a giant thread with facts to support that

Once I noticed the admins here wanted to defend the losers from the mod level and attack honest users, I started destroying my account on purpose.

Maybe one of you can save this place or America but I know for a fact I did what I could from beginning to end. Bb is dead because of the mods and because the admin is seemingly alright with that. It's not my job to police what isn't mine to police. I police what I need to, not what isn't my own. I police what I own like any real man does. I don't do other men's jobs for them.

I'm alright with seeing this place go if the main admin wants it as bad as I clearly have seen it go for the past 4 years.

RIP misc

[TrueTruth]

Low IQ poorly educated libs believe in fairy tales and think that money get pooped out of the unicorn's ass.

I have my investments and exit strategies. Good luck to the residents of Banana Republic when chit hits the fan, you can pile your worthless "free stuff" cash on a wheelbarrow like they did in 1920 Germany and starve to death.

[chaunce54]

Inflation has already been "creeping" up. It's the oncoming stagflation from Biden and the Democrats' disastrous economic policies that worries me.

[BalkanPrince]

Lets not pretend like the dollar has not been getting wrecked for decades now.


Fiat money will drive the world into madness one day.

[jeffl1980]

The key right now is to become debt free and tuck away as much cash as you can.

I dropped my investments down to 15% of my income while stashing 50% each month.

Oh......and by more guns.

[chaunce54]

The key right now is to become debt free and tuck away as much cash as you can.

I dropped my investments down to 15% of my income while stashing 50% each month.

Oh......and by more guns.

This.

[Jkm94]

Lets not pretend like the dollar has not been getting wrecked for decades now.


Fiat money will drive the world into madness one day.

What do you mean by madness? srs

[PectoralBrah]

The key right now is to become debt free and tuck away as much cash as you can.

I dropped my investments down to 15% of my income while stashing 50% each month.

Oh......and by more guns.

This is the exact opposite of what you should do. The market is gonna continue to break ath’s. Holding money is the surest way to get raped by inflation right now

[DeshaunWatson]

This is the exact opposite of what you should do. The market is gonna continue to break ath’s. Holding money is the surest way to get raped by inflation right now

Market is going to come down. It’s going to come down hard boyo.

[PITA21]

They want a tax on unrealized gains, a yearly asset tax and work from home tax

[N0stradamus]

It's already setting in....

In January 2020 I could buy 2 Sausage McMuffins w/ Egg from McDonalds for $4, now it costs $4.50....

[Dude.Jon]

I can see a deflationary shock with everyone using their gibsmedat to pay off debts and save and not having much money to get by. Still may be a good time to buy property with Bidens plans to give 15k away to "help" inflate the already massive housing bubble.

The market could always crash up but I don't see that happening.

Were likely to have some sort of global currency crises ending with a move towards an IMF SDR cryptocurrency...if the elites get what they want.

Buy commodities, good property, and consider a cash refinance for home equity if you're in a rough area before your property value plummets, though you better know what you're doing.

[katya422]

Starting to buy physical silver

This was recommended by the Rich Dad Poor Dad guy:

The key right now is to become debt free and tuck away as much cash as you can.

I dropped my investments down to 15% of my income while stashing 50% each month.

Oh......and by more guns.

Stack cash? Seems like it could go either way. If you catch assets at a low = good. If everything costs more than before = bad. Or maybe not?

They want a tax on unrealized gains, a yearly asset tax and work from home tax

Asset tax seems the least insane, but still crappy. The other two make no sense.

I can see a deflationary shock with everyone using their gibsmedat to pay off debts and save and not having much money to get by. Still may be a good time to buy property with Bidens plans to give 15k away to "help" inflate the already massive housing bubble.

The market could always crash up but I don't see that happening.

Were likely to have some sort of global currency crises ending with a move towards an IMF SDR cryptocurrency...if the elites get what they want.

Buy commodities, good property, and consider a cash refinance for home equity if you're in a rough area before your property value plummets, though you better know what you're doing.

Yeesh.

I don't really know. Was kind of hoping someone here had built a solid case for a course of action.

[NuggzTheNinja]

Yeesh.

I don't really know. Was kind of hoping someone here had built a solid case for a course of action.

There is a surefire way to avoid what's coming, but you're not going to like it.

Your cash isn't safe from inflation. Your private property isn't safe from confiscation. Your investments (market, real estate, etc.) aren't safe from taxation. Your person and family are not safe from rioters if you live anywhere near a large urban population.

The only way "out" is to turn all of your wealth into a tangible asset, buy an RV, and go live 100% off the grid in the middle of nowhere growing your own food. Then you pray that you don't get sick and die. That's the only way to avoid what's coming.

[gachase21]

Was kind of hoping someone here had built a solid case for a course of action.

Gachase prepare for inflation plan:

https://forum.bodybuilding.com/showt...post1628839693





Also, don’t get too caught up in that massive creation of new currency automatically equating to inflation.

It can be the case absolutely.

However, if measurable valuation and wealth increase and the need for wealth transactions of this nation continually outgrow our currency amounts, it won’t- look at how much massive QE we’ve done in the last nine years and how inflation hasn’t even been high enough to hit its target.-in fact, even with QE recently, we were in a slight danger for deflation.

Side note- QE as a mechanism doesn’t exactly work like printing money.


As well, the treasury is receiving remittance, from this QE notes temporarily created and purchase by the Fed, and payments on the pad back to the treasury for the interest.

That, and other intergovernmental debt -that seems as currency creation from the apparatus in which it is created-, it’s actually just a big cycle and not touching inflation.



Regardless our currency size needs to match the valuation on transaction necessities of this nation, as well as the world supply using it to continue maintaining world currency reserves dominance.

Heck, China has of my debt from us in order to participate in the exchange of goods and services, or they are completely screwed- it’s not exactly the same as that if it’s an exchange of currency for treasury notes to keep the economic system propped.

[isingmodel]

been hedging with BTC for years, hitting levels of comfy that should not even be possible

[NuggzTheNinja]

LMAO terrible advice. Stash away cash during a period of inflation is how you lose that cash. Ironically being in "good debt" (investments, real estate, ect) is the best hedge against inflatioin. "Oh I still owe 200k on the investment home? No problem 200k is worth nothing now".
Obviously avoid normie debt like credit cards for useless chit

Historically yes but...

https://www.cnbc.com/2021/01/20/oakt...et-yellen.html

These people want to tax unrealized capital gains. Value goes up? You pay. Value goes down? You're stuck holding the bag. They aren't going to stop at stocks either if they're allowed to get away with it. The only thing that keeps these people up at night is coming up with new and exciting ways to rob you.

[Jkm94]

Historically yes but...

https://www.cnbc.com/2021/01/20/oakt...et-yellen.html

These people want to tax unrealized capital gains. Value goes up? You pay. Value goes down? You're stuck holding the bag. They aren't going to stop at stocks either if they're allowed to get away with it. The only thing that keeps these people up at night is coming up with new and exciting ways to rob you.

What's better?

Paying tax or getting rape by inflation?

[chaunce54]

What's better?

Paying tax or getting rape by inflation?

lol, what's actually going to happen is both.

Those taxes are just going to make the inflation worse...


Probably time for another tax revolt.

https://www.cato.org/blog/know-liber...x-revolt-1970s