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Pastimes : Where the GIT's are going

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To: SmoothSail who wrote (181119)7/16/2009 12:12:04 PM
From: KLP2 Recommendations  Read Replies (1) of 225578
 
We are mostly in Treasuries and cash now...but the real problem is "if (when)" the Government starts to print more and more money and causes Hyperinflation, what do we do then...?

Even if we draw it out of the banks, securities, etc and put it under the mattress the dollar is worth whatever the country that backs it says it is....and what others outside the country say its worth....

The Government is currently in a currency and business destruction mode.

We are now retired (even if he still goes to work at his own business at 73) and the inflation that we have all experienced since last summer with the $4 a gallon gas prices is very difficult to cope with...Boxes of cereal at nearly $5 etc, the costs of all utilities, and the rising cost again of gas, plus of course the rising taxes etc etc...

I'm concluding the current group of misfits in DC either don't have a foggy clue of what they are doing and causing, OR worse yet, that they do....

They are continuing to add more and more programs rushed through, not thought out, at full speed ahead, to totally take over this country.
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