link to original reddit post by /u/King_of_Men
So it seems pretty clear that USG is heading for some sort of disaster; whether a sovereign default, huge inflation, or "just" a garden-variety financial crisis like 2008 and 2001. So, what can we do to prepare?
To be clear, I'm not talking about hedging against inflation, as such: Buy equities, buy real estate, buy basically anything whose value is not a fixed amount of dollars. But how do we prepare for the economic effects of inflation? It's no good having a million 2021 dollars in gold, bitcoin, or real estate, if the supplier of whatever you want to buy went out of business because he got paid a million 2035 dollars and can't afford to pay the ten million 2036 dollars he owes. What will hedge against this sort of shock to the economy?