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.
Tuesday, November 25, 2008
Stockpiling
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