In the coming period of hyperinflation, it will be important for young people to have a side gig in addition to their primary job. Older folks need to figure out how to preserve their wealth.
- 00:27 Strategies and tactics for hyperinflation; You’re at war; Currency is being debased
- 02:40 Old farts – Preserve retirement (safe); Young – Best possible return (risk); Clif buying tires in advance
- 08:15 Wages from labor of the young will constantly be degraded; Have base job for stability, then side gig to provide more control
- 13:00 Harvest resources; Blackberries; Morel Mushrooms; Add Value
- 22:10 Solid stores of wealth like gold, silver, and bitcoin are currently being suppressed; Your ability to buy gold, silver, and bitcoin is being subsidized
- 31:00 Nixon removed gold standard created a run on silver and gold
- 33:25 Conversion to digital dollars; FedPay; Starbucks legal tender lawsuit
Link to original post: https://clifhigh.substack.com/p/strats-and-tacts-for-hyperinflation