Wednesday, November 6, 2019
Tuesday, November 5, 2019
Handling Inflation
Regarding my take on inflation I see almost none, but I must qualify that statement. I have adopted a minimalist lifestyle. I have no debt, I do not spend money on anything much. We don't eat out much, and prepare every economical and healthy meals at home. My wife and I don't go to movies, we don't have cable TV, we spend our time reading or enjoying the outdoors when the weather permits. I wear blue jeans and olive drab Tee Shirts every day, so I don't spend much on clothing. Inflation has very little effect on me, when compared to a lot of others in the US. You can battle inflation on your own. How? Pull out of the system at every point you can and simplify your life. The only thing I really spend money on is PMs. We have another powerful weapon against the system that few people deploy. What is it? Removing your resources from the banks to the maximum extent possible. If you don't step into the boxing ring with them, they cannot kick your ass
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