Hidden CV Inflation

Discussion in 'General Precious Metals Discussion' started by Krakked789, May 22, 2020.

  1. Krakked789

    Krakked789 Well-Known Member

    Joined:
    Apr 12, 2016
    Messages:
    531
    Likes Received:
    424
    Trophy Points:
    63
    Location:
    NE Vic
    Personal wealth has taken a hit in ways which may not be obvious to a lot of people. Here's a thought: how much would a round-the-world trip set you back right now?

    There's a connection between the value of your money and freedom. I've been thinking about moving some of my liquid assets into other assets, but then I just wonder what the point is to it all. If society has become authoritarian, then what use will those other assets be? Greater "value" in relation to the assets that were left behind? Greater freedom within diminished overall freedom?

    I can see a time approaching where the most valuable thing will be food.
     
    Markco2, OneDay and 66rounds like this.
  2. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,777
    Likes Received:
    7,199
    Trophy Points:
    113
    My wife’s grandparents had to escape from communism. Before this they were wealthy landowners. They escaped with only a few clothes.

    Freedom is more essential than wealth.
     
    paruwka, pi, wrcmad and 5 others like this.
  3. Timmy88

    Timmy88 Well-Known Member Silver Stacker

    Joined:
    Mar 20, 2015
    Messages:
    223
    Likes Received:
    290
    Trophy Points:
    63
    Location:
    Melbourne
    Food security and water security will soon be more valuable than all the gimmicks in your life.

    Without either, you don't exist.

    Timmy
     
  4. OneDay

    OneDay Active Member Silver Stacker

    Joined:
    Sep 18, 2013
    Messages:
    265
    Likes Received:
    109
    Trophy Points:
    43
    Location:
    Australia
    There's no escaping what is coming.
     
    willrocks likes this.
  5. Krakked789

    Krakked789 Well-Known Member

    Joined:
    Apr 12, 2016
    Messages:
    531
    Likes Received:
    424
    Trophy Points:
    63
    Location:
    NE Vic
    If you believe that, then there is no escape.

    "These are real prison walls."
    "Only in your mind, Lisbon. Only in your mind."
     
  6. OneDay

    OneDay Active Member Silver Stacker

    Joined:
    Sep 18, 2013
    Messages:
    265
    Likes Received:
    109
    Trophy Points:
    43
    Location:
    Australia
    Okay if you have all the ideas. How do people escape the whole western world plus more willingly walking into a prision state?

    Or though I'd love to see the upsides and the opportunities. I'm honestly failing to see any in this current situation.

    This seems like a fairly bleak outlook for the future.
     
    paruwka, Davros10 and willrocks like this.
  7. Krakked789

    Krakked789 Well-Known Member

    Joined:
    Apr 12, 2016
    Messages:
    531
    Likes Received:
    424
    Trophy Points:
    63
    Location:
    NE Vic
    I never said I have all the ideas. I'm just not defeatist.
     
    Davros10 likes this.
  8. Markco2

    Markco2 Well-Known Member Silver Stacker

    Joined:
    Mar 30, 2020
    Messages:
    166
    Likes Received:
    248
    Trophy Points:
    63
    Location:
    Melbourne - (Covid-19 Place to be)
    I can't remember where I read it. However, I think it makes a lot of sense.
    One of the most important elements to freedom and security was having a close network of friends within your own community, no matter where you live.
    That doesn't always mean your relatives either. They can be your biggest obstruction.
    Even through an authoritarian government, as a community you can not only survive, but thrive.

    Think about it, here on SS.
    One of the biggest advantages here, you can buy, swap and sell at relative ease knowing that you are buying and selling to a network of people like minded with a reputation. IMO that is pure gold especially when you need to liquidate some of your assets quickly.

    Cheers Markco2
     
  9. Tin Can

    Tin Can Active Member

    Joined:
    Mar 30, 2019
    Messages:
    128
    Likes Received:
    53
    Trophy Points:
    28
    Silly me thought this thread was about aircraft carriers. :(
     
    Krakked789 likes this.
  10. Davros10

    Davros10 Well-Known Member Silver Stacker

    Joined:
    Aug 6, 2014
    Messages:
    723
    Likes Received:
    714
    Trophy Points:
    93
    Location:
    Canberra
    Rental deflation?
     
    Krakked789 likes this.
  11. Krakked789

    Krakked789 Well-Known Member

    Joined:
    Apr 12, 2016
    Messages:
    531
    Likes Received:
    424
    Trophy Points:
    63
    Location:
    NE Vic
    I hope! I think there's a lot of price discovery going on at the moment.
     
  12. Krakked789

    Krakked789 Well-Known Member

    Joined:
    Apr 12, 2016
    Messages:
    531
    Likes Received:
    424
    Trophy Points:
    63
    Location:
    NE Vic
    I'm currently reading a great book called "HOW I CLOBBERED EVERY BUREAUCRATIC CASH-CONFISCATORY AGENCY KNOWN TO MAN." It's available for free at the below address. This may offer part of an overall route to freedom. I think of it as a weapon you can use against them.

    https://thecrowhouse.com/Documents/mary-book.pdf
     

Share This Page