I've come to the disturbing realization that most people in the US simply don't know how many billions there are in a trillion. Almost no one I talk to is particularly worried that the US government just conjured up trillions of dollars out of thin air to address the current virus pandemic.
We're (Americans) all supposedly getting thousands of dollars from the government in April. I was thinking it might be best to blow it all quickly on something of value that can then be resold after hyperinflation hits. I was also thinking that maybe the thing to blow it on would be high-quality alcohol. Or maybe low-quality alcohol. I'm not sure. I noted with interest how almost all states have allowed liquor stores to stay open as essential businesses and how the only state I'm aware of that tried to close them down, Pennsylvania, had to reverse that decision very quickly in the face of a possible armed rebellion among the general citizenry.
I don't even drink and would need to research which brands to buy. I'm thinking whiskey, vodka, gin, and things like that that keep a long time and would always be in high demand.
How crazy is this idea? I probably won't actually do it, like I probably won't actually withdraw everything from my 401k and put all the money that remains in Swiss Francs. Still, there's a nagging feeling that I might regret not doing these things.
Feel free to post other ideas on how to best spend your Trump bucks given what's coming. What about the general idea that it would be best to blow your Trump bucks quickly rather than saving them? Makes sense or is it crazy?
We're (Americans) all supposedly getting thousands of dollars from the government in April. I was thinking it might be best to blow it all quickly on something of value that can then be resold after hyperinflation hits. I was also thinking that maybe the thing to blow it on would be high-quality alcohol. Or maybe low-quality alcohol. I'm not sure. I noted with interest how almost all states have allowed liquor stores to stay open as essential businesses and how the only state I'm aware of that tried to close them down, Pennsylvania, had to reverse that decision very quickly in the face of a possible armed rebellion among the general citizenry.
I don't even drink and would need to research which brands to buy. I'm thinking whiskey, vodka, gin, and things like that that keep a long time and would always be in high demand.
How crazy is this idea? I probably won't actually do it, like I probably won't actually withdraw everything from my 401k and put all the money that remains in Swiss Francs. Still, there's a nagging feeling that I might regret not doing these things.
Feel free to post other ideas on how to best spend your Trump bucks given what's coming. What about the general idea that it would be best to blow your Trump bucks quickly rather than saving them? Makes sense or is it crazy?