Home Forums Events & Emergencies Economic Crisis Comparing the 1930s and Today Reply To: Comparing the 1930s and Today

#19540

Crow Bar
Keymaster

our currency held its value back then because it was backed by PMs. Not so now, which will greatly amplify the coming hardship.

I agree with that.

I see people mention about taking cash/dollars and buying up hard assets. Some say in PMs, others in real estate. I dunno. I cannot eat either, and if things go really bad, the only real estate you have is the one you can defend. Buying up a second or even third house, or rental property is not going to be worth much if things go truly badly.

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