so during hyperinflation it is better to be a millionaire in Germany or a trillionire in Zimbabwe? hey moron the dow may be at an all time high but the purchasing powers is at a record low. sure the nominal value is up but you buy less gold, silver, oil food or just about anything else. as always I'm sure you didn't even listen to the vid before saying it is flawed. the Great Depression created more millionaires in American history than any other point because many people saw it coming and prepared for it. the Greater Depression can create even more. sure you can stock pile 2 years of supplies, I am doing so but what if you have to bug out? did you forget about that? are you gonna have a cabin in the woods that also has 2 years of supplies? I see this thing lasting maybe up to a decade what will you do after 2 years huh? The place to invest is emerging markets, mining and energy. If the U.S. crashes the rest of the world will have more to consume and it will most likely be with "Real" or "hard money" precious metals have historically either kept up with inflation or out preformed inflation. I'm talking about buying a part of a company that pays dividends, has a higher dividend yield and senior companies that can most likely survive the market volatility. you will run out of supplies or forget to prep something or did you forget that? sure you can barter or learn a trade but a steady income stream can always help. its literally owning a gold mine, what do people use as money when a currency fails...Gold. so you would be paid in the next reserve currency backed up by gold. I an a prepper I have food, water, medical supplies, gear, I understand Austrian economics but most of all I have an open mind.
P.S.
moron I didn't say anything about a 401K or IRA like your bank account, S.S., unemployment, CD's and bonds they are denominated in Dollars.....you know the same currency that is being devalued? I'm talking about owning a part of a company in metals not only for there monetary value but technological applications as well. maybe you should listen to my advise before you say it is flawed. it seems the "preppers"
on this sight are the most close minded its almost unbelievable I always get the same few guy bashing advise I know they didn't listen to by the comments