General

Re: What are you doing to prepare for inflation/collapse?

Duke — Tue, 18 Oct 2011 09:39:13 GMT

"To protect myself against impending hyperinflation, I'm buying a macroeconomics textbook so I can learn that it's not going to happen."

The original post says "inflationary depression," not hyperinflation.

How would a macroeconomics textbook teach one anything that has any predictive ability? A lot of people read macroeconomics textbooks and they didn't seem to get 2008 right.

Re: What are you doing to prepare for inflation/collapse?

Duke — Tue, 18 Oct 2011 09:37:23 GMT

Anyone take out a long term fixed interest mortgage?

Re: What are you doing to prepare for inflation/collapse?

Bert — Tue, 18 Oct 2011 01:45:14 GMT

No. Living like a hunter-gatherer means pure individualist liberty. They were anarcho-capitalist as they traded freely and had no states.

They didn't have states, but they had tribes and chieftains, and their own culture and way of life, and if you caused trouble you were ostracized. What you're doing is trying to pull an Into the Wild.

Re: What are you doing to prepare for inflation/collapse?

Freedom4Me73986 — Tue, 18 Oct 2011 01:35:55 GMT

"Learning hunter-gatherer/survivialist skills. I'm trying to escape civ and live by myself gathering my food supply w/o anyone else."

Isn't the cure here worse than the disease?

No. Living like a hunter-gatherer means pure individualist liberty. They were anarcho-capitalist as they traded freely and had no states.

Re: What are you doing to prepare for inflation/collapse?

Wheylous — Tue, 18 Oct 2011 01:10:54 GMT

Duke, we've already tried to persuade him that running off into the mountains won't help him...

Re: What are you doing to prepare for inflation/collapse?

claudius — Mon, 17 Oct 2011 23:01:40 GMT

To protect myself against impending hyperinflation, I'm buying a macroeconomics textbook so I can learn that it's not going to happen.

Re: What are you doing to prepare for inflation/collapse?

Duke — Mon, 17 Oct 2011 18:33:14 GMT

"Buying expensive, exclusive and difficult to reproduce items, which will either slowly rise in value or skyrocket assuming a supply cutoff."

I suppose you don't want to name those items?

Personally I'm buying precious metals and precious metal mining company shares.

I'm also learning Korean and living in Korea part time. Mostly due to my girlfriend though.

Re: What are you doing to prepare for inflation/collapse?

Duke — Mon, 17 Oct 2011 18:30:10 GMT

"Learning hunter-gatherer/survivialist skills. I'm trying to escape civ and live by myself gathering my food supply w/o anyone else."

Isn't the cure here worse than the disease?

Re: What are you doing to prepare for inflation/collapse?

Praetyre — Sun, 16 Oct 2011 05:25:37 GMT

Buying expensive, exclusive and difficult to reproduce items, which will either slowly rise in value or skyrocket assuming a supply cutoff.

Also, this is more long term, but I'm likely going to leave this country entirely in the next 5-10 years. Reason for the long wait is both financial and immigration restrictions and the fact my country is relatively safe and politically stable compared to most other Western nations.

Re: What are you doing to prepare for inflation/collapse?

Freedom4Me73986 — Sat, 15 Oct 2011 15:09:13 GMT

Learning hunter-gatherer/survivialist skills. I'm trying to escape civ and live by myself gathering my food supply w/o anyone else.

Re: What are you doing to prepare for inflation/collapse?

Wheylous — Sat, 15 Oct 2011 03:11:16 GMT

Pumping iron.

What are you doing to prepare for inflation/collapse?

Duke — Sat, 15 Oct 2011 01:15:26 GMT

If you think there will be an inflationary depression in the near future, what have you been doing on a personal level to prepare for it? What are you doing on the family/neighbourhood/community levels?