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hyperinflation period
I don't see hyperinflation happening, if they can print 6 trillion out of thin air and we still don't see it, it is not going to happen. This is probably because the credit market has shrunk so much. So the reality is that we will probably see deflation.
Most of the money that's print is leaves the country. What happens when they came back? Plus there's still a demand for dollars at least for now.
Most of the money that's print is leaves the country. What happens when they came back?
They won't as the US is the reserve currency of the world.
Once someone excepts payment in a dollar for goods they are stuck with the dollars.
Keep in mind that the credit market dwarfs the amount of currency exchanged so it even if what you stated happened it would be a fraction of the money. Credit is money also.
They won't as the US is the reserve currency of the world.
Yes, it's the reserve currency but at some point with all the printing of money, these countries are going to realize that the U.S. never intend to pay them back with valuable dollars. Remember Saddam Hussein back in 2000 finally allowed other countries to buy oil in other currencies outside of U.S. dollars. Needless to say it didn't go to well for him but he was certainly willing to get out of dollars. It's only a matter of time before the entire world think the same.
I am guessing you're thinking we're going into deflation? I don't see deflation simply because the government won't allow it. They won't be able to service the debt that's been created without inflation. And they'll keep inflation to keep servicing the debt even if it means high through hyperinflation.
The "excess reserve" at the FED is now at $2.5Trillion, more than 30 times the reserve requirement! Things can unhinge quite rapidly if and when that money gets lent out with multiplier effect in a big hurry.
You want something that uses .22, .223 or 9mm. Those are BY FAR the most common calibers.
I have in the 5 digits plus for each, so I think I'm set :)
If SHTF, hanging out at my house would probably be a good idea. You're all invited.
Needless to say it didn't go to well for him but he was certainly willing to get out of dollars. It's only a matter of time before the entire world think the same.
Yea but as bad as the dollar is, the world has more confidence in it than other currency.
I don't think the agreement that Nixon had with Saudi Arabia is as much of a factor as the confidence people have in the dollar.
Yea the deflation is inspite of the FED, but again it is a fraction of the credit market.
The other factor is that the demand for commodities is way down.
And that the worlds' traded balances are way out of whack. The Yuan and Germany have to change their exports as they are malinvested. This means that the US trade deficit will shrink.
The "excess reserve" at the FED is now at $2.5Trillion, more than 30 times the reserve requirement! Things can unhinge quite rapidly if and when that money gets lent out with multiplier effect in a big hurry.
I hear you but the credit market was 50 trillion. I don't know what it is now but I'm thinking it is a fraction of what it was.
That and the fact the market has never really cleared so a I question whether there is a genuine requirement for investment.
The US dollar reminds me of the famous quote by a US Navy Seal.
"It's not that we're that good, it's just that everybody else sucks."
Pretty much sums up the US.
If I could get into Finland, Sweden or Norway, I would move in a heartbeat, only for my kid's sake. The only fallback I have is Japan, whose economy seems to be coupled with ours, unfortunately.
My dad was a WW2 vet. He would be ashamed of what a shitty country this has become.
If I could get into Finland, Sweden or Norway, I would move in a heartbeat. The only fallback I have is Japan, whose economy seems to be coupled with ours, unfortunately.
It seems like you would be better off in the land that you know?
I was born here, so I know here.
My wife is a Japanese citizen. Actually now my child is too, if she likes :)
This country is not what it used to be.
If I could get into Finland, Sweden or Norway, I would move in a heartbeat, only for my kid's sake. The only fallback I have is Japan, whose economy seems to be coupled with ours, unfortunately.
You can get in anywhere you want Depending on your situation you might have to make big sacrifices to do it.
The US dollar reminds me of the famous quote by a US Navy Seal.
"It's not that we're that good, it's just that everybody else sucks."
Pretty much sums up the US.
If I could get into Finland, Sweden or Norway, I would move in a heartbeat, only for my kid's sake. The only fallback I have is Japan, whose economy seems to be coupled with ours, unfortunately.
My dad was a WW2 vet. He would be ashamed of what a shitty country this has become.
I'd go Norway myself. They're much more about free market and capitalism than this country is. Plus they stuck to their roots and still have their own currency the krone.
The US dollar reminds me of the famous quote by a US Navy Seal.
"It's not that we're that good, it's just that everybody else sucks."
I guess he never met a Ranger
If I could get into Finland, Sweden or Norway, I would move in a heartbeat, only for my kid's sake. The only fallback I have is Japan, whose economy seems to be coupled with ours, unfortunately.
Sweden is great for kids! If you don't mind a society which values living modestly you will like it too.
My dad was a WW2 vet. He would be ashamed of what a shitty country this has become.
He should have moved to Sweden.
Crossbow; silent and deadly. Cannibals are attracted to gunshot noise. The bolts are often reusable and you can always make your own.
I take it you're a fan of Walking Dead"
You only have one shot with the crossbow so you should have a M134 Minigun for backup. You'll need a lot of ammo for the minigun.
A minigun isn't the most man portable weapon around. It needs a battery for the spinning motor in addition to all that ammo.
APOCALYPSEFUCKisShostikovitch says
In the end, a guy with an M134 and 10,000 rounds of belt fed ammo lives and cannibals with machetes fucking die.
Only if his battery is charged. Better remember to pack a solar panel and windmill into the survival kit.
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I was thinking a 9 mm pistol some say a shotgun. Recommendations?