Hyperinflation

The last few months I have been doing some research on hyperinflation, the causes and effects. It is a scary subject but one in which we need to be aware because we are headed right for it. We don't know when it will hit but when it does it is too late to prepare for it. I will summarize my findings as simply as possible. The printing of money by a government without it being backed by gold is what causes hyperinflation. That is exactly what our government has been doing in the last decade or two, but there has been a dramatic spike in recent months where they have been printing trillions and trillions of dollars (as you probably are aware) with nothing to back it up. (If you want to know more on this problem and all about the history of the FED and even what lay in store for us in the future read: The Creature from Jekyl Island. It will blow you away.) Anyway, the effects of hyperinflation are devastating- money becomes nearly worthless. It can take thousands of dollars to pay for groceries. This has happened in many countries around the world. Brazil, Ecuador, The Weimar Republic and most recently Zimbabwe. In the Weimar Republic it was cheaper to burn money rather than wood because the price of wood was so high. True. It can happen to us too, don't think that the US is somehow immune. The best way to prepare? Stock up on food and supplies (enough for a long period of time) hmm, where else have we heard this? Also buy Gold and silver. There is a convenient store in LA who already accepts silver instead of dollars. If you have a lot of money and don't know what to do with it, I would suggest investing in gold and silver mining stocks, and agricultural stocks. That is what I would do if I had money, but we don't so we are trying to build up our food storage. I don't think we have much time. It could happen as soon as the fall. Good Luck.
There is no harm in preparing for the worst, but much harm in not preparing at all.