At times it does seem as though history is being written with each passing day. But we know so much more about our society, economics, geopolitics and markets than we did back in the first part of the 20th century. We have learned much from the history that led to the hyperinflation period of Germany. And since then we have constructed road signs to help us to see it coming. Hopefully, Al Greenspan will never be blinded by anything and miss such signs.
Yes, that was a very difficult time. Bushels of Marks were worthless, yet a silver coin the size of a dime could buy groceries for a week. Sometimes I think that the best way to hedge against a tumultuous future is to be sure you live where you can be happy and safe. . . work where you have security, stability and satisfaction . . . and have the ability to be self-sufficient if need be.
Personally, I am not self-sufficient at this time. . . but am increasingly considering it. Yet when I am faced with capital expenditures, I tend to consider the bigger picture. . . the longer term. . . and go with whatever is unbreakable, portable, DC capable, self-sufficient, etc. . . with plenty of backups, batteries, refills, etc. . . .even spare parts. Because one never knows.
Look at this weather. Look at the effects of global warming and the rising ocean tides. There is really no telling what lies ahead. And as an increasing number of folks have figured out in recent years: money in the bank, stocks, possessions, etc. are as grass in the wind.
Who can control it?
Rande Is |
