tag:blogger.com,1999:blog-1592992209402300549.post7707246079627302590..comments2024-03-28T08:06:43.198-04:00Comments on The Silicon Graybeard: The Federal Reserve's Bottomless Pit of MoneySiGraybeardhttp://www.blogger.com/profile/00280583031339062059noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1592992209402300549.post-88710399569576932432012-12-03T02:49:53.910-05:002012-12-03T02:49:53.910-05:00It is a bit scary translating the funds we had pla...It is a bit scary translating the funds we had planned to use to cushion our retirement into physical commodities, but I just don't see that money having much - if any - value in a year or two. <br /><br />I didn't do this for Y2K - although I did store a bit of extra food/ammo - but I believe this time the threat is real. Inflation has already stolen a significant portion of our savings, and I think it is going to get a lot worse. When Social Security fails, we will no longer have the funds we would have lived off of, but we will have what we need to pay the mortgage and taxes, and should be able to feed ourselves. <br /><br />Thankfully, the mortgage will be our only debt, besides taxes. If .gov doesn't confiscate our two small retirements when SS fails, we should be able to squeak by.RegTnoreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-62967575844128811092012-12-02T20:58:22.970-05:002012-12-02T20:58:22.970-05:00FWIW, I think all of that is about as perfect a pl...FWIW, I think all of that is about as perfect a plan as one can get. <br />SiGraybeardhttps://www.blogger.com/profile/00280583031339062059noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-16199743106259041702012-12-02T20:43:21.746-05:002012-12-02T20:43:21.746-05:00Consequently, I am trying to position things for m...Consequently, I am trying to position things for my wife and I where our money is in commodities that will allow us to continue to eat, be sheltered - survive - even if/when money no longer has any value. Solar, food storage, greenhouse and gardening, plentiful game, perhaps even a milk cow (small breed) or goats, and chickens. I'm even considering investing in a wood gasifier to power either a vehicle and/or a generator, since wood is plentiful where I am at, but gasoline won't be, if TSHTF.<br /><br />RegTnoreply@blogger.com