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Real Estate Investing Forums | Real Estate Investing | Random Ramblings (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo) | Topic: The $700 billion dollar bailout
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propertymanager
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« Reply #30 on: September 29, 2008, 04:25:21 PM »

I don't have a suggestion about your savings, but I have another suggestion:  BUY FOOD!  We're overdue for runaway inflation and if things get REALLY bad, FOOD will be a popular thing to have around.  I have a big stack of canned food in the basement.  If there's a real crisis (depression, bird flu, nuke goes off in the US, etc), that food may come in very handy.  If there's not a crisis, you still eat it!!!  I know, I know - it could never happen!  Of course, I bet they thought that every other time in history when it DID HAPPEN!

Or, if you don't want to buy food, buy a wheelbarrow so that you can carry enough cash to the grocery store to buy a loaf of bread!  Runaway inflation is always the end result of the fiat currency system we have now (thanks to the Fed)!

Mike
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Real Estate Investing Forums | Real Estate Investing | Random Ramblings (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo) | Topic: The $700 billion dollar bailout
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