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[–]SerpensInferna 6 insightful - 2 fun6 insightful - 1 fun7 insightful - 2 fun -  (3 children)

I wish I had a good answer to this, but I was just starting to get my shit together financially for the first time in my life when the twin horrors of an overhyped pandemic and a Marxist revolution struck.

Sadly I have no advice for investments. I will say I am keeping a minimum amount of money in credit unions (I will never put my money in a bank again) and the rest in my home for worst case scenario (which has surreally become not so unlikely these days). I bought some gold and cryptocurrency, not without some worries.

I started prepping when the riots broke out, but it's been in overdrive since November. Buy a camp stove, at least 6 months worth of freeze dried food (Mountain House has some excellent packages), a water filtration and storage system, and guns and ammo. Buy the guns and ammo with cash and learn how to use them. To the best of your ability, start building a network. You are weakest alone.

Prepare for sheltering in place but make sure you can get out of dodge at the drop of a hat, make yourself a bug out bag.

Learn a trade or hard skill of some kind. Office work is going to be useless and/or extraordinarily hard to come by, either when the Commies utterly destroy the economy or you are banished from normie life.

It might seem silly, but read up on Soviet resistance movements, samizdat, and how people survived Marxist revolutions in the past. Keep your head down and don't make yourself a target as much as possible. It's become clear shit is going to get real and the "That would NEVER happen here" ship has sailed. Get used to living without and get creative. Save things like glass jars, paper products, and plastic bags (their uses are endless).

Stay away from cities.

My assumption is that nothing is safe, so work out a Plan B and Plan C for everything.

[–]bjam27 5 insightful - 2 fun5 insightful - 1 fun6 insightful - 2 fun -  (2 children)

Watch out because all this stimulus is likely to lead to inflation, we're already seeing signs.

Dems also love inflation because it fixes inequality by making everyone poor.

Owning Real Assets are good when there's inflation but if it goes like Venezuela then we're probably all better off stockpiling food.

[–][deleted] 4 insightful - 3 fun4 insightful - 2 fun5 insightful - 3 fun -  (1 child)

Actually, inflation has been rampant for many years already but the Treasury department has been cooking the books on inflation. There is inflation, but the official numbers don't reflect it.

This inflation is manifest in the price of gold, silver, bitcoin, ethereum as well as the levels of the stock market. It doesn't rise because the economic outlook is great. IT IS NOT. It rises as a hedge against inflation. Weird, but true.

[–]bjam27 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

True. I should have said hyperinflation.