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Dumb question about hyperinflation ... or maybe not
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<p>[QUOTE="Billincolo, post: 788788, member: 17389"]I agree completely. I thought people here would be the ones who would best understand this concept, but as Cloudsweeper noted just above, maybe not. </p><p><br /></p><p>So, if gold lags behind an inflation curve, and even more so behind a h-inflation spike, what commodities might be better to buy? I've heard it suggested that those who can't buy gold, but can still buy food, buy two of everything since food will closely reflect an inflationary curve. So buying a can of chili & beans today will save us the cost increase a year down the road; buying a case of c&b might be even smarter. The value of the food is in its nutritional value: We don't have to sell it to somebody before realizing and using it for its value. We can just use it and thereby save the money inflation would cost us.</p><p><br /></p><p>Is that too far afield? I know it's "small money" versus "big money and investing," but it's what some people can afford ...[/QUOTE]</p><p><br /></p>
[QUOTE="Billincolo, post: 788788, member: 17389"]I agree completely. I thought people here would be the ones who would best understand this concept, but as Cloudsweeper noted just above, maybe not. So, if gold lags behind an inflation curve, and even more so behind a h-inflation spike, what commodities might be better to buy? I've heard it suggested that those who can't buy gold, but can still buy food, buy two of everything since food will closely reflect an inflationary curve. So buying a can of chili & beans today will save us the cost increase a year down the road; buying a case of c&b might be even smarter. The value of the food is in its nutritional value: We don't have to sell it to somebody before realizing and using it for its value. We can just use it and thereby save the money inflation would cost us. Is that too far afield? I know it's "small money" versus "big money and investing," but it's what some people can afford ...[/QUOTE]
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Dumb question about hyperinflation ... or maybe not
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