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rhett o rick (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 12:22 PM Original message |
Are we headed for a depression and/or hyper-inflation? How would one prepare? nm |
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Dreamer Tatum (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 12:27 PM Response to Original message |
1. Deflation is more likely |
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drexel dave (452 posts) Send PM | Profile | Ignore | Sat Nov-29-08 12:27 PM Response to Original message |
2. yes |
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jaksavage (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 12:39 PM Response to Original message |
3. Some ideas. |
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OHdem10 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 12:39 PM Response to Original message |
4. I would say Depression because these conditions are affecting |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 03:30 PM Response to Reply #4 |
9. It's a recession when you have too little money to pay for what you need. |
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jwirr (1000+ posts) Send PM | Profile | Ignore | Sun Nov-30-08 08:41 PM Response to Reply #9 |
27. So we are having a recession in food items and pretty soon we will |
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Odin2005 (1000+ posts) Send PM | Profile | Ignore | Tue Dec-02-08 05:41 PM Response to Reply #4 |
38. My 85yo grandmother is calling it a depression. |
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hlthe2b (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 12:46 PM Response to Original message |
5. kill off a rich relative if you have one... |
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rhett o rick (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 02:58 PM Response to Reply #5 |
6. Gleaning is good. nm |
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Bigmack (1000+ posts) Send PM | Profile | Ignore | Sun Nov-30-08 12:39 PM Response to Reply #6 |
16. Gleaning is good... |
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rhett o rick (1000+ posts) Send PM | Profile | Ignore | Sun Nov-30-08 02:59 PM Response to Reply #16 |
17. Takes me back to my youth. nm |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 03:00 PM Response to Original message |
7. Get ready to enjoy great music and literature |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 03:27 PM Response to Original message |
8. There is no sure way to prepare for either of them |
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rhett o rick (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 03:34 PM Response to Reply #8 |
10. How about guns and gold?? nm |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 04:01 PM Response to Reply #10 |
11. Yeah, and you'll go to prison for plugging anybody who |
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rhett o rick (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 04:12 PM Response to Reply #11 |
12. It was a serious question. Didn't the government control the price of gold during the last great |
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Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Tue Dec-02-08 02:10 AM Response to Reply #11 |
34. Actually, gold did quite well during one part of the Depression |
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eridani (1000+ posts) Send PM | Profile | Ignore | Mon Dec-01-08 06:53 AM Response to Reply #10 |
29. Try to buy a sack of tomatoes with a Kruegerrand |
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Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Tue Dec-02-08 02:18 AM Response to Reply #29 |
35. You don't use gold directly as money |
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northernlights (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 08:31 PM Response to Original message |
13. many of my socks have holes in them now... |
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eilen (1000+ posts) Send PM | Profile | Ignore | Sun Nov-30-08 11:10 AM Response to Reply #13 |
14. Bread bags and silicon will save your boots and socks |
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northernlights (1000+ posts) Send PM | Profile | Ignore | Sun Nov-30-08 05:07 PM Response to Reply #14 |
21. thanks! |
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eilen (1000+ posts) Send PM | Profile | Ignore | Mon Dec-01-08 07:47 AM Response to Reply #21 |
30. Which North Country are you in? |
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northernlights (1000+ posts) Send PM | Profile | Ignore | Mon Dec-01-08 01:24 PM Response to Reply #30 |
33. midcoast Maine |
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eilen (1000+ posts) Send PM | Profile | Ignore | Tue Dec-02-08 05:16 PM Response to Reply #33 |
36. That's very North. |
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Joanne98 (1000+ posts) Send PM | Profile | Ignore | Sun Nov-30-08 12:16 PM Response to Original message |
15. Deflation first, inflation after.... |
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SlowDownFast (1000+ posts) Send PM | Profile | Ignore | Sun Nov-30-08 07:23 PM Response to Reply #15 |
24. Yup. Deflation first, inflation after. n/t |
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drexel dave (452 posts) Send PM | Profile | Ignore | Sun Nov-30-08 03:54 PM Response to Original message |
18. Get as much credit as you can |
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northernlights (1000+ posts) Send PM | Profile | Ignore | Sun Nov-30-08 05:05 PM Response to Reply #18 |
19. that's my last resort... |
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drexel dave (452 posts) Send PM | Profile | Ignore | Sun Nov-30-08 05:27 PM Response to Reply #19 |
22. I'm ready for the inevitable though |
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rhett o rick (1000+ posts) Send PM | Profile | Ignore | Sun Nov-30-08 05:06 PM Response to Reply #18 |
20. I have thought about this. Lot of people say to get out of debt, but why? nm |
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drexel dave (452 posts) Send PM | Profile | Ignore | Sun Nov-30-08 05:29 PM Response to Reply #20 |
23. What's the point of having good credit |
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GoesTo11 (1000+ posts) Send PM | Profile | Ignore | Sun Nov-30-08 07:48 PM Response to Reply #20 |
25. If there is deflation, debt will be harder to pay back |
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sendero (1000+ posts) Send PM | Profile | Ignore | Sun Nov-30-08 07:53 PM Response to Reply #20 |
26. Because... |
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Citizen Number 9 (878 posts) Send PM | Profile | Ignore | Mon Dec-01-08 09:12 AM Response to Reply #18 |
31. Stick it to "the man"? |
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rhett o rick (1000+ posts) Send PM | Profile | Ignore | Mon Dec-01-08 11:46 AM Response to Reply #31 |
32. Agree, "the man" never gets stuck as we can see from the bailouts. "The Man" can |
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Zynx (1000+ posts) Send PM | Profile | Ignore | Sun Nov-30-08 10:48 PM Response to Original message |
28. Hyper-inflation is not much of a worry right now. |
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Odin2005 (1000+ posts) Send PM | Profile | Ignore | Tue Dec-02-08 05:35 PM Response to Original message |
37. We are about to have a deflationary depression. |
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