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Given that it's happened before there, I'd favor commodities to currency. It's hasn't been a bad strategy when your government is creating new money at rapid ra
by mattmcknight 17y ago
Given that it's happened before there, I'd favor commodities to currency. It's hasn't been a bad strategy when your government is creating new money at rapid rate and calling it quantitative easing either.
- idlewords 17y agoThe hard part is choosing the commodity, and figuring out how to store it. If you really think all hell is going to break loose, to the extent that the dollar might one day lose a bunch of its value overnight, then you are limited to stuff you can store in your own house, with all the attendant security problems.