Is Hyperinflation Around The Corner?! (And is Gold the Answer?)
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The only metals you should invest in are brass and lead.
Did this age well?
Well EVERYTHING in the world determines value by that system so that seems like a flawed argument.
Well we have big inflation today Dave. March 2022. It's gonna worse.
What a shill
6.8% is gov. reported cpi. If we used the same cpi measurement as the 70’s inflation today is 15%. Dave saying we haven’t seen 70’s inflation is wrong. It’s here now and may get worse .
I'd like to see someone convert 200 thousand dollars of cash money into blue jeans and bottled water.
This guy clearly doesn't understand STORE OF VALUE
I’ll go with Ray Dalio’s wisdom over this guy any day. Mutual funds are for suckers
I just remembered why I don’t follow this clown
What does have intrinsic value? A building for the sense that it has the value of offering shelter, or food for the obvious value of sustenance. The truth is that very little has any value come crunch time.
takeaway from this video: invest in bullets
Dave Ramsey is so arrogant…used to like the guy but I can’t stand him anymore. I’m all about that debt free life but Ramsey doesn’t get it
Wow, I lost a lot of respect from Ramsey on this one. The govt is applauding his position…nothing to see here…..
Check out r/HoboHedge to get payback
Wrong
Once again you were wrong! Dave
Just a yellow rock?? Wow. First of all it's a metal, secondly it's very scarce, so scarce that people will pay $2k for an ounce. The man is void of logic.
If you are try to beat inflation with fixed-income securities forget it. Equities are the only place to be.
Dave doesn’t understand monetary policy.
its coming…
May 2021, this is hilarious.
I am very confused after listening to Ramsey. So, if the green paper is going away after a collapse and a new green paper comes and replace it, how do you transfer your wealth from the old green paper to the new green paper?
Should have bought $XLB :((
Learn to barter
This guy has no idea what he's talking about
That was a great answer to a question the collar did not ask.
It doesn't have to be a Mad Max scenario like he's describing. Situations like Venezuela or Weimar Germany are when precious metals come in handy.
10-20% is NOT hyperinflation!!! We we talking 100%, 1000%… per year. Dave is great, but doesn't have a clue about hyperinflation.
Got it. Investing in bottled water.
Dead wrong
Hey man, you think bitcorn will go pass 10k? Kek
It is already here. Look at the house prices
My God I hate this guy and his ideals
The real point is to banktrupt 90% of the population by 2030…
Nobody is this stupid….. has to be controlled opposition
Wrong. The only thing that gives the dollar value is that it is legal tender by law and your taxes must be paid in it.
This dave guy is a fool or a shill
Gold=not the answer. Roger that. I knew that already. So what about hyperinflation?
whats he thinking today
Did Dave Ramsey just tell us to buy bullets?
Interesting, but right now we are in full blown inflation… lumber 200 to 300 , metal 50%, wiring for housing150%, we cant even buy them, it's not available, plywood 4×8 is 50$ a piece and not available in some stores, I'm in housing construction, houses up 20%to 25% just this year what now… we can't even build no material for project what the heck is happening…. I have been building homes for the past 10 years and this my friends is not good… also computer parts double tripled in price(video cards to be exsact) and not enough of them, trucks went up in price 10 to 20% this is all real stats I live in washington.. I wouldn't believe it If you told me but these are the price tags now…
Tell that to a person from Venezuela this is the most stupid advice I’ve heard I guess central banks hold tons of it for traditional
Hyperinflation is definitely around the corner. Very disappointed with Dave and his company with recent articles they have been pushing out about the stimulus
It has intrinsic value as evidenced by the ring you're wearing
What does "intrinsic value" even mean? What thing on earth has "intrinsic value"?
Even Dave acknowledges a new currency emerges. What will you take to bring your wealth from the old currency to the new one?