Be Prepped Anons. Market and Crypto Continues it’s Tumble. Silver and Gold Waffle But More Stable.
👀 EYES ON! 👀
Just a reminder to continue to be prepped Patriots and Anons. The stock markets continue their tumble, Crypto is dragged down, and Silver and Gold waffle but are more “stable”. We’ll see if this continues and this is the main collapse, or all will rebound a bit, then the big collapse we’ve been watching for will come closer to midterms.
But regardless frens, stay prepared and stocked to weather this increasingly arduous Storm. WWG1WGA.
https://www.thegatewaypundit.com/2022/05/biden-economy-markets-fall-sp-reaches-52-week-low/
Won't cash be worst in hyperinflation?
Yep. Inflation is not the price of products going up it is the value of your dollars going down. Savings accounts are getting drained and most people don't realize it is happening.
Yes but if we have deflation during a recession which will also suck economically cash could be good to have.
When have you ever seen deflation of the US dollar?
We have gone through inflationary and deflationary periods many times throughout history...you for real?
I suppose if you are immortal, you may have witnessed one of those deflationary upswings. I, unfortunately, was born after the introduction of the Federal Reserve, the removal of the gold standard, and closure of the foreign gold redemption window. So, for my entire life, the dollar has lost value.
So again I ask, when have you seen deflation of the US dollar?
If we experience hyperinflation aka hundred dollar bread. I think we are going to see a mix of things - housing bubble crash, some inflation, and other craziness. The point of keeping my powder dry is to buy back into the market when things go crazy.