Hyperinflation as a likely outcome

[ChunkyMonkey]

on the topic, but off topic slightly.

if you had the cash to pay off a home and hyperinflation was coming, would you pay it off? or just live in the house, knowing if the government and banks fail, nobody will be coming to foreclose?

yes, mine is paid for, but I am looking at a larger ranch. And I will probably need a mortgage to buy it.

If the govt fails, the banks will fail. is there any way realisticly someone is going to come throw you out?

Nope... before the Dollars start devaluing.. take out as much loan as possible. In 2008, while others crashed and burned, we got lucky and bought a bunch of rental units and took out bundle loans on them. Pre 08 $ is about 30% more valuable than currently. Heck, price of milk tells everything. Rent, gold, gas, etc etc

For ever $1 I spend to pay the monthly payment, I receive $4 in rental income.