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Uploaded by on Apr 18, 2009

This video is NOT mine. It is a reload of another YouTuber's work (with his permission). Go to his channel here: http://www.youtube.com/user/kevinarmstrong1

In the last GREAT DEPRESSION, this is what happened.

1. The stock Market Crashed
2. Banks went belly up
3. Mega Deflation set in (and for a period of time, prices on everything became much less, as businesses dumped inventories, trying to stay afloat)
4. Then as the government continued to intervene, there were years of hyperinflation, and depression.

History tells us that inflated prices of goods never came back. Those who held lots of cash, during that time, were hit the most.

Capital was only preserved by those who, early in the deflationary part, or before, changed cash into objects of lasting value. THINGS; HARD ASSETS.

Of course, most people did not understand the advantage of accumulating such property until the inflation was well along. By that time, the prices of all goods had risen so much that there were no more bargains and plenty of shortages. Cash proved to be an asset that miserably, decreased in value.

Even if the magnitude of this depression is only as bad as the last depression, holding cash makes no sense. And, if this time it is worse... like the Wymar Republic of Germany, personal property will quickly become valuable commodity, in a barter system, that may arise from the rubble.

For you and your family's sake, please stock up on:

1. Guns, and spare parts for them
2. Ammo of all flavors
3. Reloading gear and components
4. Gold & Silver
5. Land
6. Coffee, tobacco, liquor (even if you don't use them)
7. Lumber, hardware, chainsaws, and tools of all kinds
8. Gasoline - guaranteed ROI 4 to 5 bucks - can be stored in 55 gallon drums and stabilized
9. Firewood and stoves
10. kerosene, kerosene heaters, lanterns, and candles
11. Drugs - esp prescription Anti-biotics, pain killers, and "Hard pain killers"
12. Good knives, hatchets, and axes
13. Soap, razors
14. Tampons
15. Toilet Paper and other toiletries
16. sugar
17. salt
18. flour
19. dry yeast
20. rice and oats
21. Spices
22. Heirloom seeds of all kinds
23. Canned goods
24. Dehydrated and freeze dried food stuffs

Don't be lulled into a false sense of security, right now. We are in that deflationary valley, just before the inflation begins to set in. Be smart. Buy stuff to have, now... And Barter for down the road

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Education

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  • One of the best no-nonsense videos I have watched. I wish I could do more to help others prepare, but they simply will not listen. People believe what they want to believe.

  • Correct on all counts. Pay off debt, buy tangibles (real things that you need/use/eat), fix your cars, fix your teeth, get it all done NOW and start living again. Money is worthless paper if there's nothing to buy with it that is essential to you and family.

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  • Very well thought out

  • A good quality bicycle would also be a good idea.

  • One thing I see and think should be reconsidered is the amount of food your store if you can. I see over and over again folks saying get one year worth of food. BUT, I think if things really go off the rails you would want 3 years of food if you can. First year will be spent hunkering down while things really go nuts. Then you must plant whatever you can grow. This is where the second years food comes in. Must eat something while plants grow. Third year just incase.

  • Governments bring on recessions and depressions so if a major one is brought on by them it's time to replace them!

  • @masonrox2547 Thanks for the advice. I have an egyptian Madi A.K , an SKS both in 7.62X39 . All my handguns are 9 mm , .38 special, .357 mag. and .45 long colt . I'll keep an eye peeled for a Glock . How about a Rock Island 1911 ? Do you know anything about them ? I have heard good things ,but I can probably find a Glock for another $100.00 or so . Also have a collection of Case and Kabar fixed blades as well as a few Bucks . Appreciate the input !

  • @carvinrigged What you should do is 1) Buy a .45 ACP glock and as much .45 as you can.

    An AK-47 in 7.62x39, and as much ammo for it as possible. And a large fixed blade.

  • I like "ammo of all flavors" I'm gonna use that if you don't mind.

  • great video...you know what your talkingabout

  • I have decided rather than buy gold or silver, I am buying quality

    revolvers,as a investment, I considered ARs or Aks, but I figured

    a Revolver is more costly to manufacture, than a stamped steel assault

    rifle, so it must increase in value, more than something that is cheaply produced.

    I think hyper inflation is more of a reality, than a scenerio, where I would need

    massive firepower to fend off hordes of looters.

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