I think y'all better come to grips with the coming hyper-deflationary period, which is a near certainty, before you even have to remotely worry about inflation.

You see, the developed world was absolutely consuming far more than was necessary (or reasonable), and this over-consumption was the fertilizer that allowed the nascent seed that were the economies of the developing world to blossom.

There will be a cultural shift now glorifying and praising thrift and frugality, and especially minimizing purchases and seeking value. Even with central banks pumping massive amounts of paper fiat into the global financial base, it won't soon find a home, as it will be first used to cleanse toxic balance sheets of sickly banks, brokerage firms and arbitrageurs, and the losses on these balance sheets are massive.

The developed world will now once again learn that living within their means isn't that difficult, and may even become in vogue, and as that happens, the discretionary purchases that constitute probably at least 40% of consumer expenditures will be severely reduced.

Watch the BK filings roll in after this year's Christmas shopping season as debt-laden retailers that were created or re-created during the recent M&A boom come to the inevitable realization that the retail space is too brutal to survive in given their weak balance sheets, shrinking sales, and ever-increasing debt levels.

I am most concerned about hyperinflation, because I live off interest from my CD's. So what food is the best to stockpile?

lynnes1 said:I am most concerned about hyperinflation, because I live off interest from my CD's. So what food is the best to stockpile?

Buy long out of the money gold options to cover your CD bet on deflation.

Just yesterday I bought 2000 rounds of 7.62x39MM FMJ @ $.1645 per bullet. Now I need to decide whether to sell them for immediate profit or hedge a financial collapse.

Whatever !