“Negative , in a high inflation environment cash is trash ,, much better to have assets.”
Nope. If the economy completely tanks...who’s going to pay you for your “assets?” What will they use for money? Buttons? Unless you’re considering gold and silver “assets” then you don’t have squat. Who could buy your home? Who could buy your boat or truck, mink coat or diamond ring? Who could buy your land when no one, not even the banks, have any ching?
I’d rather have a silver dollar in my pocket to buy a loaf of bread...or to buy a McMansion out from under a local Yuppie if need be. *SMIRK* ;)
Don’t worry about me. I know what I’m doing. ;)
You can trade or barter assetts ,, that silver coin you mentioned is a valuable metal ASSETT , that basement full of whatever commodity item you prefer is an assett, ownership of a company through stocks is an assett that floats with inflation as the companies debts are reduced by inflation and their assetts are inflated by inflation,, stocks are inflation neutral ,, however that wheelbarrow of $100 bills is kindling... I would rather own or control a few hundred tons of copper than have dollars that are sinking ... it’s true the dollar appears undervalued right now but I have seen currencies way out of whack before and I have never seen them reverse in a timely manner , they take years to reverse...