As usual mining the ZH comment section for Nuggets always turns some up.
“ Inflation is like a forest fire. You can prevent it, you can encircle it, you can light backfires and you can eventually extinguish it. If the fire is large enough it will create its own weather and do what it damn well pleases... until it consumes all of the fuel in its path. At the fire weather stage nothing can be done except to get out of the way...we are there. “

Thanks for posting this. I was about to post it myself. Excellent article. 👍
Original source article here:
https://economicprism.com/are-you-rea...

“The popular American myth is that the U.S. government has never defaulted on its debt. Quite frankly, that’s an unadulterated lie. The U.S. government has (unofficially) defaulted on its debt twice within the last hundred years.” ZH

It's an interesting time, for sure. I've set my equity stops up pretty tight. Am acquiring a little real estate. Acquiring a little more gold. These times require active management of any wealth one might have. All these poor Americans who have put their futures into their 401k and IRA collection of mutual funds...these poor people are already being pummeled. It's criminal...

Aquire things of value. Precious metals like gold silver and most importantly, lead (the type encased in brass). Aquire tradable items like food, livestock, fuel, tools, sundries, tobacco, alcohol, medical supplies, and again most importantly: firearms. If you are practiced in a trade, you can trade your labor for the things your family is going to need. A simple to repair car or pickup truck would be a wise investment. One with a carburetor, generator & point-ignition. (basically EMP-proof is ideal) Anything pre-computer will fit the bill. i.e. mechanical fuel injection is pretty reliable.
Atlas Shrugged was never meant to be an instruction manual, yet here we are.