Wealth is not necessarily the same thing as money – especially if money is just paper. You may have $10,000 in the bank today. It may not have any value six months from now. It probably ought to make you uneasy that the value of your wealth depends on forces outside of your control – when money is just paper.
Paper under the control of sinister forces – the government, for instance. Or rather, the “Fed,” the cartel of private banks that bought the government about 100 years ago and which has used it ever since – to mulct the public by various means, including the manufacturing of “money” out of thin air, which is then loaned to the government at interest – which you and I get to pay in the form of “taxes” and “inflation.” (For more about this, I recommend G. Edward Griffin’s Creature From Jekyll Island which explains in detail how the federal government was bought – and sold us out.)
Things of intrinsic value under your control are much better when the value of money isn’t.
Land – especially useful land (i.e., land that could be useful for raising things to eat) and a home (useful for keeping you and yours sheltered) are two very good examples of this. The value of your land/home may increase or decrease in monetary terms but they will always retain intrinsic value, which is a priceless thing when money becomes a value-less thing, courtesy of the “Fed.”
Tangible things are another form of value that keeps the invisible rats of inflation – the tool of the “Fed” – at bay. If you exchange say $600 for a pistol you will have a valuable pistol, the value of which cannot be inflated away. Plus you will have physical possession of the pistol, a value in and of itself.
The more such things in your possession, the better – as times get worse. The things of value not in your possession may not be available and will probably cost you more to acquire them, as the value of money wanes in conjunction with the manufacturing of more of it by the “Fed” – an entity that is “federal” in the way the Fed Ex is.
It’s why I’ve been steadily converting money into things of value – under my control. Hard money is one way to do this. It’s true the value of silver and gold will vary but – like the value of good land and a sound home – it is unlikely to ever disappear or even come close to disappearing, for both silver and gold have intrinsic value. These metals are useful in and of themselves, which gives them value as such – and will likely always be valued by others, also giving them value. And it is harder – if not impossible – to “inflate” the value of silver or gold by manufacturing more of it – or rather, enough of it, sufficient to reduce the value of that already in circulation.
Converting say six months (a year is probably better) of money in your just-in-case fund to silver or gold – for just in case – is something you may want to consider doing. You are certain to be able to get food and other necessaries with specie – as opposed to money.
Well, the paper money confetti’d by the “Fed.”
Another form of value – a way to transfer value (of paper money) into something of useful value is to convert it into things you will need, like new tires for your vehicle or even a spare set of new tires for when your vehicle needs new tires, again.
Plus other such things of value.
I am in the midst of getting one of my motorcycles into ready-go condition.
I just installed a brand-new tire on the rear (along withe new sprockets and chain). The front tire is next and after that, every necessary service will be done. I intend to use money to get everything necessary to do the same, again – following the dictum that two equals one and one equals none. Having a spare – for everything you may need – is functionally and financially sound when money isn’t.
I’m focusing on the bike first because it’s the easiest/cheapest thing to get ready, twice – as well as the thing that’s cheapest to operate since it uses very little gas, which is a thing not under my control, physically – and over which I have no control, as regards the price. (Having specie on hand could be critical as regards the latter, when dollars don’t buy much of anything but an ounce of silver does.)
Next, the truck – which is the most useful vehicle I own. Its usefulness remains, however, only so long as it works. Therefore, all belts/hoses and other wear items will be brought up to snuff and spares of everything kept on hand for just in case. Keep in mind that you will need these items in time, so you’re only paying it forward as the saying has it.
And you won’t be paying more for it – assuming you can even find it – as the “Fed” and its demented, frothing chihuahua – the government – continue to bleed away the value of your money, by making more of it.
And then spending it for you.
. . .
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