Inflation and Economic Dismay. What Are Your Thoughts?
So, we're around $5/gallon for gas. I took the family of four out last night for a few burgers and a couple beers: $150. Just spent $130 at the grocery store for basic staples. I was chuckling because everything I grabbed and put in the cart was nearing $10. Dozen eggs? Who's to say that won't be $20 in a year? This is getting stupid. I worked very hard and, as a result, did ok. But, all these middle-class, working-class folks who are going paycheck-to-paycheck...How in the hell are they doing it? I've seen the reports on credit card debt. So, maybe that's my answer. The economy feels and looks like stagflation to me.
I was listening to a hedge fund guy being interviewed recently when he was asked what assets people should be investing in. His answer shocked me. Not because it was wrong, but because it was coming from a hedge fund guy. Short-term government bonds. I already had my that in my sights. Recently found a 5.25% CD and stuffed a pile in that. Stocks, I can tell you, have been really wild. Trends lines are unlike they've ever been. Feels a lot more like gambling now. 10% of my portfolio is in the stock market now and I'm not putting another dime in it. Only fast money profit takers apply now. I think this is because our severely weak leadership has us running toward hot conflict with the two massive nuclear powers, among other things. The market knows. It almost always does.
So, what are you doing? What changes are you making, if any? Since poopy pants was elected it's really been a "circling of the wagons" for me in terms of investments. I should have been more aggressive with the previous president who proved all you need to to is SAY you're going to cut taxes and regulations and avoid war...and the markets respond. The leftist establishment seems to have really hated that and now they're clawing the money back from the middle-class through inflation.
What are your plans in dealing with this? Any changes?
I was listening to a hedge fund guy being interviewed recently when he was asked what assets people should be investing in. His answer shocked me. Not because it was wrong, but because it was coming from a hedge fund guy. Short-term government bonds. I already had my that in my sights. Recently found a 5.25% CD and stuffed a pile in that. Stocks, I can tell you, have been really wild. Trends lines are unlike they've ever been. Feels a lot more like gambling now. 10% of my portfolio is in the stock market now and I'm not putting another dime in it. Only fast money profit takers apply now. I think this is because our severely weak leadership has us running toward hot conflict with the two massive nuclear powers, among other things. The market knows. It almost always does.
So, what are you doing? What changes are you making, if any? Since poopy pants was elected it's really been a "circling of the wagons" for me in terms of investments. I should have been more aggressive with the previous president who proved all you need to to is SAY you're going to cut taxes and regulations and avoid war...and the markets respond. The leftist establishment seems to have really hated that and now they're clawing the money back from the middle-class through inflation.
What are your plans in dealing with this? Any changes?
Inflation is just a tax. Just assume your government is increasing your taxes to the point of you not being able to afford anything anymore.
I don't think people recommending guns and rural farmland are going to win here. They are just going to be sitting ducks. They will likely be drafted into military during a time of war (used as cannon fodder) or predated upon by the state (possessions confiscated using various means and ground up in a war). Generators need fuel. When shit hits the fan, you wouldn't be able to buy it. Machinery requires maintenance. It would be hard to do when price controls cause widespread shortages.
In my opinion, the best strategy in such environment is to be mobile. When wars happen in your locale, you would just leave immediately. I propose getting a sizeable boat and moving into it permanently. Air ship might be better as it would allow going over land but the industry for air ships doesn't exist right now. Mobile vehicles such as RVs are limited to roads and vulnerable to road blocks. They also require fuel. So, it is going to have to be a boat, preferably powered by wind or solar.
I would recommend outfitting your boat/ship/yacht with all the amenities necessary for voyages and permanent habitation. You would need a way to make a living that you can take elsewhere. There are always going to be regions where war doesn't happen, so, you can always make a living. Remote work such as software development might be a good way to go. Another idea is using the boat for business, such as fishing or providing transportation. Owning your own business that is multi-national is going to be important. Getting residency in multiple countries is a must. Learning other languages might be helpful.
The point is to be able to move around the world on a moment's notice using your own transportation. Mammals have legs for a reason: to move when their environment becomes less ideal. Use it. Don't be a sitting duck.
The governments aren't going to bother chasing a single boat down if you leave without permission. However, your local community is going to be utterly destroyed if a battle takes place there or if government forces go foraging through the area. Alternatively, the government might raise your taxes to a point where your community would be utterly drained of everything. Good luck trading nothing for nothing and starving. Unless you are prepared to fight the government forces and accept high risk of death, leaving is the better option.
The better standard of living was brought about by technology allowing incredible increases in productivity. We are talking about computers, the Internet, steel, electricity, internal combustion engine, etc. Why would these things disappear in the future? I don't see technology disappearing. However, I do see lower standard of living due to predation. If you can get away from it, you shouldn't be affected too much.
doing it for the grand-kids
water
water filter systems
non-gmo seeds
ammo
guns
stuff to make shelter
stuff to provide heat
EMP/solar flare protected equipment
paper money will become worthless if the deep state has its way
For example, get an off-grid solar system and a freeze dryer. Assuming you have some farm land, you can grow some foods and freeze dry them for the non-growing season. The reason for the freeze dryer is that a lot of food you can grow goes bad quick, but with a freeze dryer you can make it last a few years.
Another problem is that growing food using manual labor is not very easy. I would suggest getting some automation set up so that it wouldn't take up too much labor to run things. Examples would be tractors and such. I would try not to rely on gas powered stuff as fuel would not be available. Better go for electric so it might be powered from that solar system.
The problem with all this is that this better be set up somewhere in the mountains or someplace where nobody can get to.
2 generators, both also EMP protected, one large, once small
the newly advertised "solar generators" are not generators, they are batteries, needing some source of power to recharge, both would need to be protected (from EMP until needed and backups are a good option also, 2 or more of each)
am i paranoid? likely, does not mean i am wrong to be fully prepared for what i see is the worse
i see Lenningrad, 1942..... comming soon to us all
trust is not the issue
covering all possible options is the goal
the generators are to recharge the batteries
when needed, using the smaller generator as needed
Plans are afoot to build a 25 mile long wind 'farm' west of the TriCities (location of my farm) ... it will reduce property values for 10,000s of home / land owners. We are fighting it ... sort of like pissing into the wind though. I wager they install the economically disastrous wind crap starting in 2025. By 2040-45 all that shit will need to be replaced. There will be no energy for it -- 25 miles of rotting windmills on the once beautiful skyline ... a testament to parasitic power and stupidity. We've pulled all the high quality cheap oil out of the ground -- the EORI has been falling for a century now. We had an opportunity to build out nuclear in the 80s and 90s. That time is long gone ... the fracking wells have obscene depletion rates -- the horizontal rigging is now 20,000 feet... picture that, four mile long horizontal pipes ... insane amounts of sand, water, fracking gel. The Permian is nearly spent and the Marcellus is in not much better shape... and still, we have vast sums being spent on $Trillion dollar boondoggles -- The Line in the Saudi desert? Mega battery factories? Renewable Green Sustainable Horse Shit (might be an acronym in there).
My plans? Stay the course. Stay off any meds. Booze in moderation. Get outside -- move with purpose -- mountain climbing and running. Investing time with my very few friends -- like minded souls. Minimize anxiety and stress ... I am not "worried" -- rather I focus my concerns. Move investments from digital to physical. Keep on moving your Ark further up the mountain side. Look at the World from the God's Eye View -- from a vast distance with high chromaticity and clarity -- in short, live a life Objectively.
I have food stores yes. But it’s only enough to get me through a year too spin up food production. I was a prepper since 2000 so I’m well stocked in precious metals. Especially the high velocity kind.
I have enough “stuff” to keep myself entertained through a collapse.