Anonymous 04/01/2023 (Sat) 12:07 Id: 1eae44 No.124394 del
>>123660

Actually yes at some point there will be hyperinflation because you cannot keep a ponzi scheme going forever, at some point depositors want to cash in as the value of the fiat currency fades away. Once they realize how the fractional reserve banking system actually works, they'll realize not everyone can withdrawal money out of their accounts, nor does the banking system have that kind of money on hand as it's all computerized derivative debt to prop up an already insolvent economic system. Once enough anons start liquidating their savings or withdrawing cash, banks go bust, need more bailouts and thus further devaluing the currency even more rapidly. Before long you will either get hardcore draconian austerity and capitol controls enforced by governments, or you get hyperinflation and economic collapse. The gist is this: you can't endlessly create more and more debt when there is a limited supply of goods and resources, by doing so you increase the cost of those goods and resources (aka price inflation) inevitably in the long-term for future generations. We have been doing this ever since 2008, it's a failed policy. Only reason it's gone on so long is because for the longest time we had a global reserve currency status for global trade. That protection is now rapidly going away. In the end here's what matters: extra food, source of clean water, sanitation supplies, firearms and ammo, some over-the-counter medication including booze, tools and accessories, owning some private property (best if rural), extra propane storage, solar panels, generators, extra clothing, wood burning stove for heat off-grid, some silver coins to barter with, etc. Hard assets.