tag:blogger.com,1999:blog-8939666320943790100.post5721941530805753648..comments2024-02-11T01:14:21.904-08:00Comments on SURVIVING IN ARGENTINA: Gold, Currency and HyperinflationFerFALhttp://www.blogger.com/profile/07578136334334588454noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8939666320943790100.post-62763687228376147282011-12-25T14:38:41.586-08:002011-12-25T14:38:41.586-08:00I think the US dollar is headed for hyperinflation...I think the US dollar is headed for hyperinflation. I have writing up some stuff at:<br />http://pair.offshore.ai/38yearcycle/#hyperinflationVincent Catehttps://www.blogger.com/profile/06502618776820144289noreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-52605689840194283672010-10-03T14:44:32.350-07:002010-10-03T14:44:32.350-07:00Whether you believe that bad times for America loo...Whether you believe that bad times for America loom on the horizon or not, I think it’s always a good idea to be prepared for the worst. One doesn’t need to stock up on food and guns and live in a cave to be prepared, but there are some simple common sense ways to be ready in case of emergencies. Having a stash of non-perishable food, having a simple, reliable firearm that you can use confidently, having a way to generate and store power, having a way to purify water, are very small investments that anyone can start on the smallest of budgets. Any of these items can be kept for long periods of time and can be used for other purposes. Maybe we should cut out some of our superfluous spending and keep things on hand that are truly useful, and hence valuable. After all, isn’t that how our grandparents lived (and thrived)?<br /><br />- James Howard, author of “The 5Gs of Survival” and What So Proudly We Hailed, a novel of surviving America’s last days.<br />Available on Amazon http://www.amazon.com/What-So-Proudly-We-Hailed/dp/1453672435/ref=dp_return_1?ie=UTF8&n=283155&s=books <br />“The unthinkable has happened…”Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-65056918172440628042009-03-11T13:15:00.000-07:002009-03-11T13:15:00.000-07:00To the guy in the Socialist People's Republic of K...To the guy in the Socialist People's Republic of Kalifornia, your first step is to move to a state where you can actually buy a gun with a decent size magazine.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-78006698304512301722009-03-10T10:19:00.000-07:002009-03-10T10:19:00.000-07:00i'm scared. i hate this. I don't know what i'm s...i'm scared. i hate this. I don't know what i'm supposed to be doing, stocking up food or trying to buy a gun or getting what little money i have out of the bank or what!<BR/><BR/>love your site FerFal. read it daily even though some of it scares the crap out of me... <BR/><BR/>I live in CaliforniaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-71985604069252558452009-03-10T10:13:00.000-07:002009-03-10T10:13:00.000-07:00One important difference between the USA and most ...One important difference between the USA and most of South and Latin America is that most debts are denominated in $ US dollars. Now, when a local currency deflates against the US currency, those debts are still payable in US$. This is a real problem. <BR/>For the US, the debt is in US$ and can be paid accordingly. The currency loss is not evident in settling debt. Now you do have the loss going forward in transactions, but historical debt is not affected. This is a huge difference.<BR/>The Japanese have hinted that they want the US to set debt in a currency index instead of the US$. So far that idea has gone nowhere.<BR/>But if in the future, that were to happen, then the US would also assume that potential loss.<BR/>This currency denomination of debt is a big thing, and one reason why the US$ will (should) not face the same problems as Argentina.Anonymousnoreply@blogger.com