Monday, August 8, 2011
What do you think about the future of the U.S.A economy?
I think we will enter an economic depression . However, instead of it being a deflationary depression like it was in 1929, it will be an inflationary depression a.k.a. hyperinflation. Commodities will skyrocket, there will be food shortages, and the even though the food will cost more, it will be lower quality, it will be tainted. I'm investing in stocks, physical gold, silver, and copper to prepare for hyperinflation because I believe the dollar will be devalued and eventually no longer accepted. Gold and silver will be the form of payment required.I'm also stocking up on non-perishable foods such as top ramen noodles, rice, or just canned goods (last a bit long)
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