Tuesday, November 25, 2008

Stockpiling

Maybe stocking up on non-perishables and ammo might be a bit more necessary than you thought, once hyper-inflation hits.

U.S. Prepared to Lend up to 7.4 Trillion Dollars

AFAIK, only two ways to pay for it:

1. Massive injection of capital, lots of newly printed money, and resulting inflation that would make Jimmy Carter blush.
2. Higher taxes or some other grab of nontaxed revenue - like, say, a 401(k).

This is not going to end well.

Anyone have a gulch they would like to use?

H/t Ace.

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