He101A (December 31, 1969 at 6:59 pm)

Looks like America is following the path of the former of Yugoslavia, Soviet Union, Zimbabwe, and Argentina. By the time all of this hyperinflation settles, some people are going to become very rich, and most people will be very very poor.

He101A (December 31, 1969 at 6:59 pm)

Gold and silver bullion are outlawed in communist nations. This includes Yugoslavia.

He101A (December 31, 1969 at 6:59 pm)

The only real hard currency are precious metals. You could also put your money in nations which have sound monetary policies.

koilir2 (December 31, 1969 at 6:59 pm)

exactly the same situation in zimbabwe now.

DangerousCombination (December 31, 1969 at 6:59 pm)

Can you tell us was Gold/Silver coin/bullion used as currency in the market?

7bb7b (December 31, 1969 at 6:59 pm)

ow about the M-LEC- that should get your attention.Try 200 Billion today, what next.M-Lec. = New Wrld order

vinifera (December 31, 1969 at 6:59 pm)

We have food for 6+ months, and have changed money into metals. I'd still like to see your other videos (this one says part 4...?).A currency collapse can happen to any country if there is no demand for the currency. Someday China and others will realize we are only paying them in bad checks. The US has almost no oil, nat gas, or gold. We don't manufacture anything. We are net importers of food. Loss of confidence in USD would be catastrophic; it is the main thing we export.

SerbAtheist (December 31, 1969 at 6:59 pm)

Oh, and by the way, a potential double digit annual inflation that might happen if the US suffers a SERIOUS economic downturn is by NO stretch of the imagination a hyperinflation. Even now it will take Serbia decades to reach the EU average GDP/capitawise, let alone a US economy in "crisis".

SerbAtheist (December 31, 1969 at 6:59 pm)

Preparing for a hyperinflation? That is like preparing to be raped. I suppose somehow making it into the oligarchy either through politics or crime. Otherwise, stock up on the non-perishables such as soap, oil, sugar, flour (yes, flour!). And get your savings out of the banks pronto and converted to a hard currency.

SerbAtheist (December 31, 1969 at 6:59 pm)

The German Mark became the hard currency at the black market. Damn, I will most likely have to re-do the videos to punch them up, so that will mean seguewaying from 3 to 4 and 4 to 5 to my past self wearing most likely a different shirt.