When inflation is higher then interest or investment income, debt is a good thing. Think like a banker .
Old folklore only works with real money.
I like sex, drugs and automatic weapons. That's why i'm a dues paying member of the Libertarian party. Struggling to keep the government away from messing with the above.
My Wife has her own vice.
You know it is a site with a lot of truth when you get an error message like...
"This page has been blocked by Microsoft Edge"
But then a few seconds later (after most people would have left...) it loads.
Watching the video now.
-John
Fake currency isn’t much of a lever.
Read some history of currency collapse and it will show the advantages of managing debit.
I like sex, drugs and automatic weapons. That's why i'm a dues paying member of the Libertarian party. Struggling to keep the government away from messing with the above.
My Wife has her own vice.
I hear what you are saying, theres a whole lot of folks you and I have met that will do just about anything for those fake dollars. I will look up examples of places where the vast majority of citizens in a country were living paycheck to paycheck and in debt yet still managed to weather a currency collapse well, that said the idea of being less reliant on man made systems of control, food supply chains, city water, law enforcement, and money would likely not make a person more vulnerable in a chaotic situation like a currency collapse, war, disease, famine, civil unrest, or natural disasters.
So...this all hints at something I dealt with at work just before Christmas. It was a Friday evening....literally minutes before we are closed. The business sells used containers like 55 gallon barrels. I have closed things down and am grabbing my things from the office to leave when I hear someone in the werehouse hollering. Before I can set things down and walk out to the main area they have gotten back in their car and are pulling away. I see that they are headed to an area of the property that there is no exit so I know they will be coming back by. I wait there for them to pull back around. They pull up and need barrels to store water in. Lots of barrels. Swell...show up at the last minute and need a large order. So...I go grab an example to see if it meets their needs. By the time I am back with it they are out of the car and unloading their stuff and rearranging things to fit the barrels. I show them what we have and explain the price. They want a bunch. 5 they will take 5. All frantic and such. So I go and grab barrel 2 and bring it up...and barrel 3...at which the wife asks if we will take a credit card. The store policy is cash only for retail sales. I can make an exception...normally...but that system has been shut down already as it is now after closing. Even at that we are to charge a service fee if we do make an exception. I don't bother to tell them since the system is closed. Cash only. At that the husband starts wigging out..."haven't you heard...the Russians are fueling their missiles"..and because we don't take a credit card their family will be without water.
It was at this point I begin thinking to myself..."and you just failed the end of the world". If the world really is ending a credit card will be worthless. Banking will be done. Gold...silver...will be the easiest and likely the only form of currency. At the bare minimum he should have been sticking a gun in my face demanding the barrels. He failed.
They threw their stuff in the car and left. Without the barrels they needed to survive. After gone I noticed they forgot a bunch of their items. They called a few days later that they would be back for them. They never returned.
Gold, silver, food, water, TP, medicine, ammo, weapons...possibly alcohol and cigarettes.
If you want peace, prepare for war.