There are people on this board RIGHT NOW who are going to baghold fiat into hyperinflation
nope, dca'ing my entire net into broad index funds and borrowing against that
>There are people on this board RIGHT NOW who are going to baghold the wrong assets into hyperinflationFIFY
>>62646076What’s the alternative? I don’t trust crypto and with metals, I’m going to have to trade it back into fiat at some point to buy stuff.
>>62646100Anything at all. A fucking used car or a sofa if that's all you can afford. >I’m going to have to trade it back into fiat at some point to buy stuff.No. It's not going to last forever. At some point they'll come up with a new currency backed by hard assets, as was the case for the entirety of human history except for the last 54 years. The fiat experiment was a failure
>>62646089>Become Commodities chadI feel like this pasta is being peddled even though I couldn't agree more on the subject.We for sure are entering a commodities cycle. But when crapto is actually morroing commodities completely down to to being flagship indicator numero uno for everything against the dollar in flight I can't help but think this is demoralization.The only thing dollar baggies should ask themselves are they ready to feel destroyed every year with 10-15% loss of purchasing power IF they want commodities anyway? Honestly, considering how hard oil destilates are being brought down globaly - prices are roughly 2x from crude oil - can't you see this is being orchestrated by the financial overlords themselves to keep the dollar in demand short term by destroying production?The fucking Yen Carry trade is unravelling. The moment real world production ever rises again the dollar is bound to stabilize. For now? I'm looking at perhaps 5-10 years of global and especially western destabilization probably ending with fucking crapto emergins as a new reserve or global trade mechanism out of necessity. It's like my dick couldn't get harder just thinking about it.Nope I'm not hoarding gold right now even though that's also a super safe bet against the dollar.
>>62646089>>62646116“The man who does not read has no advantage over the man who cannot read.”
>>62646076>>62646104Ok so the USD collapses, the majority of the population loses all their wealth in terms of fiat, then what? people are already struggling. If they lose it all, it’s going to get ugly real quick. The US is no longer a civilized country anymore. It won’t be a matter of people helping each other out through whatever shit show happens. The shortages of Covid was a glimpse of what will happen, except the shortages will be way worse and people will be more violent.
>>62646076it’s the only thing i can do. everything has been regulated to death. just don’t hold swedish cash though because that shit expires
>>62646084I’m thinking of buying a second car…. Something used that will appreciate in value.
>>62646076you know what the best part is?they're brown
