I fear that with Bernanke and the Fed’s decision to make changes to interest rates, it will cause rapid hyperinflation and destruction of the US dollar.
How can I invest to protect my cash against hyperinflation? Should I put all my spare cash into gold coins?
For hyperinflation, the best thing to do is to borrow today’s dollars at low (fixed) interest rates, buy hard assets whose value will go up in significantly in dollar terms due to the hyperinflation and sell these in the future to pay back your loans in substantially weaker dollars. Some of these assets would include gold and real estate.
Unfortunately, if you are wrong and we are in a disinflationary or deflationary environment you would be hosed.
For hyperinflation, the best thing to do is to borrow today’s dollars at low (fixed) interest rates, buy hard assets whose value will go up in significantly in dollar terms due to the hyperinflation and sell these in the future to pay back your loans in substantially weaker dollars. Some of these assets would include gold and real estate.
Unfortunately, if you are wrong and we are in a disinflationary or deflationary environment you would be hosed.
For hyperinflation, the best thing to do is to borrow today’s dollars at low (fixed) interest rates, buy hard assets whose value will go up in significantly in dollar terms due to the hyperinflation and sell these in the future to pay back your loans in substantially weaker dollars. Some of these assets would include gold and real estate.
Unfortunately, if you are wrong and we are in a disinflationary or deflationary environment you would be hosed.
For hyperinflation, the best thing to do is to borrow today’s dollars at low (fixed) interest rates, buy hard assets whose value will go up in significantly in dollar terms due to the hyperinflation and sell these in the future to pay back your loans in substantially weaker dollars. Some of these assets would include gold and real estate.
Unfortunately, if you are wrong and we are in a disinflationary or deflationary environment you would be hosed.
For hyperinflation, the best thing to do is to borrow today’s dollars at low (fixed) interest rates, buy hard assets whose value will go up in significantly in dollar terms due to the hyperinflation and sell these in the future to pay back your loans in substantially weaker dollars. Some of these assets would include gold and real estate.
Unfortunately, if you are wrong and we are in a disinflationary or deflationary environment you would be hosed.
