Comments on: Ushering in a New Era of Hyperinflation http://www.debtreductionformula.com/blog/ushering-in-a-new-era-of-hyperinflation/ Reduce Expenses + Increase Income + Discipline = Get Out of Debt Fri, 05 Mar 2010 09:37:31 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: Thoughts on Our Money System | Debt Reduction Formula http://www.debtreductionformula.com/blog/ushering-in-a-new-era-of-hyperinflation/comment-page-1/#comment-55156 Thoughts on Our Money System | Debt Reduction Formula Tue, 28 Jul 2009 14:15:39 +0000 http://www.debtreductionformula.com/blog/?p=565#comment-55156 [...] since March, when Troy left a comment on my blog, I’ve been thinking about what he said. His comment was in response to my post on [...] [...] since March, when Troy left a comment on my blog, I’ve been thinking about what he said. His comment was in response to my post on [...]

]]> By: Henrik R Clausen http://www.debtreductionformula.com/blog/ushering-in-a-new-era-of-hyperinflation/comment-page-1/#comment-54687 Henrik R Clausen Mon, 13 Jul 2009 12:45:42 +0000 http://www.debtreductionformula.com/blog/?p=565#comment-54687 Actually, it was in 2006 that the Fed stopped publishing the M3 money supply figures. If you visit http://www.shadowstats.com, who provides continuation data for M3, you will get a _very_ clear impression of why they did that. Getting silver sounds like a good idea, BTW. Actually, it was in 2006 that the Fed stopped publishing the M3 money supply figures.

If you visit http://www.shadowstats.com, who provides continuation data for M3, you will get a _very_ clear impression of why they did that.

Getting silver sounds like a good idea, BTW.

]]> By: Ryan Healy http://www.debtreductionformula.com/blog/ushering-in-a-new-era-of-hyperinflation/comment-page-1/#comment-50795 Ryan Healy Mon, 23 Mar 2009 15:42:37 +0000 http://www.debtreductionformula.com/blog/?p=565#comment-50795 Troy - You make some very excellent points, and these are things I've been thinking about as well. When I began this blog in Fall 2007, the current financial crisis was not in full bloom. And my debt was more than double what it is now. At the moment, my debt is not a problem for me at all. More of a nuisance than anything. I have considered buying silver... and may still do that. And I'm currently getting pre-qualified to buy a home. As you say, when hyperinflation kicks in, it's much better to own debt-backed physical goods than to be the creditor. I really appreciate your insight, Troy. Thanks for the excellent comment. Ryan Troy – You make some very excellent points, and these are things I’ve been thinking about as well.

When I began this blog in Fall 2007, the current financial crisis was not in full bloom.

And my debt was more than double what it is now.

At the moment, my debt is not a problem for me at all. More of a nuisance than anything.

I have considered buying silver… and may still do that. And I’m currently getting pre-qualified to buy a home. As you say, when hyperinflation kicks in, it’s much better to own debt-backed physical goods than to be the creditor.

I really appreciate your insight, Troy. Thanks for the excellent comment.

Ryan

]]> By: Troy http://www.debtreductionformula.com/blog/ushering-in-a-new-era-of-hyperinflation/comment-page-1/#comment-50794 Troy Mon, 23 Mar 2009 15:19:19 +0000 http://www.debtreductionformula.com/blog/?p=565#comment-50794 Ryan, just found your blog and am a bit confused. I beleive that the scenario in some form as descibed in "Ushering in a New Era of Hyperinflation” will materialize. Whether it is nasty inflation or hyperinflation, we will see the value/purchasing power of our dollars decreased. It seems that you are focusing on debt reduction. A very noble and valuable exercise but probably not in this paradigm. May I suggest an alternative approach? Keep your debt. What is the benefit of debt reduction right now? What is your current debt load preventing you from accomplishing? What opporunities are you missing because you a focused on singular goal---debt reduction. What about investing to expand your business? What about investing some portion of your debt reduction funds on acquisition of physical assests such as silver or gold...as a hedge? What about taking on debt backed property? If inflation happens, savings become worth less and at worse worthless. If inflation is going to occur, then debt backed properties and physical assets are the way to go. I am not suggesting one extreme or the other. Simply that debt reduction should be balanced with other strategies. The most important issues is to make sure all variable rates are FIXED. Best of luck. Keep the faith brother Ryan, just found your blog and am a bit confused. I beleive that the scenario in some form as descibed in “Ushering in a New Era of Hyperinflation” will materialize. Whether it is nasty inflation or hyperinflation, we will see the value/purchasing power of our dollars decreased. It seems that you are focusing on debt reduction. A very noble and valuable exercise but probably not in this paradigm. May I suggest an alternative approach? Keep your debt. What is the benefit of debt reduction right now? What is your current debt load preventing you from accomplishing? What opporunities are you missing because you a focused on singular goal—debt reduction. What about investing to expand your business? What about investing some portion of your debt reduction funds on acquisition of physical assests such as silver or gold…as a hedge? What about taking on debt backed property? If inflation happens, savings become worth less and at worse worthless. If inflation is going to occur, then debt backed properties and physical assets are the way to go. I am not suggesting one extreme or the other. Simply that debt reduction should be balanced with other strategies. The most important issues is to make sure all variable rates are FIXED. Best of luck. Keep the faith brother

]]> By: Ryan Healy http://www.debtreductionformula.com/blog/ushering-in-a-new-era-of-hyperinflation/comment-page-1/#comment-50776 Ryan Healy Sun, 22 Mar 2009 22:42:57 +0000 http://www.debtreductionformula.com/blog/?p=565#comment-50776 I've considered that, too, John. When there's economic and social upheaval, people are more willing to say "yes" to whatever the government wants to do, even if that means accepting dictators, torture, internment (concentration) camps, etc. Let's hope it doesn't come to that. I’ve considered that, too, John.

When there’s economic and social upheaval, people are more willing to say “yes” to whatever the government wants to do, even if that means accepting dictators, torture, internment (concentration) camps, etc.

Let’s hope it doesn’t come to that.

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