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<p>[QUOTE="Evom777, post: 1138833, member: 27123"]Many people thought that in the 70s the U.S. was headed for hyperinflation as well. The one factor that calmed that storm was that wages rose when the inflation dragon reared its ugly head......this time around that is not happening. </p><p><br /></p><p>You have many valid points, especially the scenario with Japan. (the #1 holder of the U.S. debt)</p><p><br /></p><p> I encourage people to get into the habit of bartering, as We may indeed have to resort back to that system. The PMs as well as copper (the poor mans silver) are seeing more and more new investors. A couple weeks ago I talked with a guy who wanted to buy $1000+ worth of silver to barter with. He had never bought bullion in His life, but had a gut feeling things were going to get ugly. (and this guy was in His upper 60s and had seen his fair share of calamities) </p><p><br /></p><p>Many people think that much of this is strictly attributed to paranoia/scare tactics by those looking to capitalize on ones fears. There`s always been hustlers in life, but this time I too have a feeling that things are going to get drastically worse. We just might see people using soon to be worthless U.S. currency as nothing more than kindling.....much like the picture of this German woman back in the 20s when Germany was decimated by hyperinflation. </p><p><br /></p><p><a href="https://thewisdomofgold.com/wp-content/uploads/2009/02/inflation-1923.jpg" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://thewisdomofgold.com/wp-content/uploads/2009/02/inflation-1923.jpg" rel="nofollow">https://thewisdomofgold.com/wp-content/uploads/2009/02/inflation-1923.jpg</a>[/QUOTE]</p><p><br /></p>
[QUOTE="Evom777, post: 1138833, member: 27123"]Many people thought that in the 70s the U.S. was headed for hyperinflation as well. The one factor that calmed that storm was that wages rose when the inflation dragon reared its ugly head......this time around that is not happening. You have many valid points, especially the scenario with Japan. (the #1 holder of the U.S. debt) I encourage people to get into the habit of bartering, as We may indeed have to resort back to that system. The PMs as well as copper (the poor mans silver) are seeing more and more new investors. A couple weeks ago I talked with a guy who wanted to buy $1000+ worth of silver to barter with. He had never bought bullion in His life, but had a gut feeling things were going to get ugly. (and this guy was in His upper 60s and had seen his fair share of calamities) Many people think that much of this is strictly attributed to paranoia/scare tactics by those looking to capitalize on ones fears. There`s always been hustlers in life, but this time I too have a feeling that things are going to get drastically worse. We just might see people using soon to be worthless U.S. currency as nothing more than kindling.....much like the picture of this German woman back in the 20s when Germany was decimated by hyperinflation. [url]https://thewisdomofgold.com/wp-content/uploads/2009/02/inflation-1923.jpg[/url][/QUOTE]
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