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Inflation and building supplies.

Posted by goldielocks @ 12:21 on April 27, 2021  

Years ago I can’t remember if he was talking about Russia or Ukraine but a person was telling me about what people were doing during hyperinflation when their currency was devaluing by the day.
Besides buying everyday things you need some quick thinkers found away to create a store of value.
It wasn’t gold, sliver, although some that could probably did. or Bitcoin that didn’t exist then, it was lumbar.
He told me that one guy got a storage and bought up a bunch of lumbar and that was his store of value. People can get creative. It wasn’t just lumbar but things that they were keen to buy knowing the prices would go up.

I haven’t looked at it but apparently computer parts are another thing that are short in supply nor have I looked at any miners that supply their elements or rare earths that make them. But then I’m not sure if they’re in short supply or it’s a political or shipping issue.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.