Hidden CV Inflation

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

  1. Krakked789

    Krakked789 Active Member

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    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.
     
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  2. willrocks

    willrocks Well-Known Member Silver Stacker

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    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.
     
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  3. Timmy88

    Timmy88 Member Silver Stacker

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    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

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    There's no escaping what is coming.
     
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  5. Krakked789

    Krakked789 Active Member

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    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

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    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.
     
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  7. Krakked789

    Krakked789 Active Member

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    I never said I have all the ideas. I'm just not defeatist.
     
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  8. Markco2

    Markco2 Member Silver Stacker

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    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 Member

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    Silly me thought this thread was about aircraft carriers. :(
     
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  10. Davros10

    Davros10 Well-Known Member Silver Stacker

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    Rental deflation?
     
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  11. Krakked789

    Krakked789 Active Member

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    I hope! I think there's a lot of price discovery going on at the moment.
     
  12. Krakked789

    Krakked789 Active Member

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    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
     

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