Gold and silver surge
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yayınlandı 21 May 2024 / İçinde
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QUALITY OF LIFE.. live well.. do things for your children..
Actually if expecting hyperinflation , one could buy useful things,, and holding debt is a good idea because your credit will have higher purchasing power today than it will have in tomorrows inflated values.. not to mention paying the debt back in inflated dollars.. or not paying it back at all..i.e free stuff.. Sure if you buy a chainsaw and you make 20 an hour.. the saw costs 400 bucks.. 20 hours of income.. then a year from now you are making 100 an hour.. 4 hours labor to repay and the saw is in fine shape.. Paying off yesterdays debts with tomorrows inflated dollars.. I would say buy usefuil things.. clothes.. tools.. ,, ON CREDIT!! or cash.. Things you know you will need.. things that help you make money,, or feed yourself.. My buddy is a prepper.. he has several 20 day food buckets.. survivalist foods.. yea, I buy useful things with my money and credit.. and then I take care of my property.. I have tools that I bought some 35 - 40 years ago.. just as useful today asd they were back then.. and well taken care of.. see,, and much more valuable in todays dollars than when I purchased them. My buddy has comic books that have gone up 100% purchase value yearly for 40 years.. 5 dollar purchase price 40 years ago and 200 dollar value today.. but comic books can't cut a board.. or drive a nail.. cant paint your house.. or change your spark plugs.. or mow your lawn..
I have tools for everything.. plumbing, electrical. carpentry, painting, drywall.. stuff you know you will need.. toilet paper even.. you know you will need that go ahead and stock up in todays prices if you expect high inflation..