The Modern Survival Manual (Surviving The Economic Collapse) Fernando Aguirre Interview.
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Back in 1990, a meal at a resturant in Italy cost me 50,000.....Lira. I was getting 2100 Lira for one US Dollar. The thing is, back in the 50's, it was about 3-5 Lira to the Dollar.
Imagine saving $50,000, only to see it able to buy a meal at a resturant. It's coming.
Trapster99 1 month ago in playlist Apocalypse Survival
The average middle class salary was $7000 per month? What a liar. GDP per capita of Argentina has never gone above $10,000 PER YEAR. Anybody can look up the statistics.
duke1duke1 5 months ago
Shared on FB. Thanks for posting!
liabatud67 11 months ago
miro2424, Yes. It would "melt" under inflation assuming your employment is denominated in a stable currency or precious metals such as gold and silver. If you can hold employment and actually have your wages increase while inflation increases, it would also "melt" the mortgage away.
Unfortunately the US is seeing a scenario unfold where it is unlikely that wages will be able to increase as inflation increases. It a long explanation, but the Fed is the primary problem.
jilausdo 11 months ago
What about the mortgage? If I had 100 000$ in pesos mortgade, would the mortgage suddenly melt after inflation?
miro2424 1 year ago