Here it comes.... are you ready?
Hmmm.... the USD is becoming worth less... what's a person to do? At the moment, we only see things getting worse. Therefore, we have a few things we're doing at the moment as a hedge of protection against inflation. In this video, I share a few tips and tricks, with the hopes that it'll bless some people out there. Be wise and be safe.
PREPPING FOR INFLATION? - VIDEO
Until next time…
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Definitely the time to go to Costco and get ALL the things. Grocery prices rising have been no joke this year. Thanks for sharing your thoughts on this. Also, that 40% of all paper bills stat is absolutely bonkers.
40% stat bonkers... meaning insane they'd do such a thing, or a fictitious stat?
Ha. As in its crazy they'd do such a thing. My partner has been telling me about it for awhile, and its for sure a case where I feel like the truth is stranger than fiction. Oy vay.
Also, be careful WHO you speak to about this (i.e. what you have stocked away).
Nice neighbors now may not become so nice when they have nothing and they know you have an entire room of canned goods stashed away.
There is a reason to stash some cash. (NOT IN THE BANK)
When the banks all close down because of hyperinflation, cash, for a short while, will become king.
People will trade things for cash.
Especially when the bank won't give them money and they need food.
Cash will be king
until another form of "money" is decided upon.
The switch to cryptos will not be instant.
And the new "Federal Reserve Note" (whatever it is called)
will fail... but not instantly.
So, keep some cash on hand.
Deal, I do...
Imagine Fiat currencies of developing countries.
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All of the above. Remember, inflation is "temporary" lol
We all need to start investing into self-reliance, in every way possible, and prepare for complex scenarios in the future.
Energy, food, land, crypto, you name it. But above everything else, education.
We have to start to educate ourselves to take matters into our own hands, and avoid depending on governments or institutions that should be making our lives easier, but instead are just using us as a resource.