The idea is hyperinflation eats debt. The largest creditor of US treasuries is the Social Security Trust, so if they engage is hyperinflation it will lead to the destruction of Social Security and all other sovereign debts which as history has shown will lead to an economic collapse similar to the last time the government paid off the national debt in the late 1800's.
Tuesday, December 10, 2019
Be Prepared :Tools, Skills, Land, Water
Thirty years ago I decided that my guiding mantra would be "Tools, Skills, Land, Water". Those are the things you need to focus on. I am as prepared as I'll ever be -- let's get on with it.
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