hyper-inflation - what would you buy?

kwerk

kwerk

kwerk

Wise Guy
Soldato
Joined
23 May 2009
Posts
5,748
If hyper-inflation kicked off and your savings were becoming more and more worthless every day, like a loaf of bread suddenly increases by £1 a day... what would you buy up with your savings?

Say you have instant access to £25k in a savings account and you have to spend it as fast as you can on hard assets to try and preserve your wealth, what would you buy? Remember everyone else will probably be doing the same thing so prices will be exploding.

I don't think it will ever happen but basically the question is if you HAD to spend £25k as fast as you could what would you buy?

Also the government has a ban on people taking money out of the country so you can't buy foreign currency or anything like that.
 
What are you going to do with all the gold? You can't take it out of the country to a more stable place. Let's say HMRC is actively looking for precious metals at all airports, ferry terminals, mail, etc.
 
kwerk said:
What are you going to do with all the gold? You can't take it out of the country to a more stable place. Let's say HMRC is actively looking for precious metals at all airports, ferry terminals, mail, etc.
Click to expand...
With the destruction of one currency a new one will take its place. This currency will be gold, and I'll be the gold master. I will overthrow the government and rule the country as a despot.
 
You must log in or register to reply here.
Back
Top Bottom