Food prices are on the rise along with all commodities. The reason is simple, natural resources are finite and the currency pigs in government and central banking, like Ben Bernanke, can print money ad infinitum. Simple.
Add in hoards of other distortions in our government-directed, over-regulated markets and we have some interesting situations. So, what’s one to do? Learn how to lower your cost of living as fast as you can, through practical skills, or face extraordinary expenses in food and energy. That’s the first thing. Then, take your savings, like the U.S. dollar and all U.S. dollar denominated bonds, and buy gold and silver. Otherwise, you’re going to be screwed!
2. Food prices are on the rise along with all commodities. The reason is simple, natural resources are finite and the currency pigs in government
3. and central banking, like Ben Bernanke, can print money ad infinitum. Simple. Add in hoards of other distortions in our government-directed
4. over-regulated markets and we have some interesting situations. So, what’s one to do? Learn how to lower your cost of living as fast as you can,
5. through practical skills, or face extraordinary expenses in food and energy. That’s the first thing. Then, take your savings, like the U.S. dollar
6. and all U.S. dollar denominated bonds, and buy gold and silver. Otherwise, you’re going to be screwed!
7. Seriously, sell bonds. Bill Grosse, Chief of Pimco, the world’s largest bond fund, is said to be 100% out of U.S. treasuries. Hold your savings in precious metals
8. and maybe some solid conservative currencies like Canadian Dollars or Swiss Francs or Norwegian Krone.
9. I am not saying these things are cheap, they are not, but the bonds and U.S. dollars face certain doom. Batten down the hatches.
10. As far as practical skills, one needs to develop skills that save him or her a buck. Shave your spending wherever you can.
11. The Japanese are a prime example of a practically skilled population. Their government has done everything in its power to destroy their economy and
12. they keep on keeping on, saving savingsaving, month after month, and they’re wages are lower than in the west. Not only do
13. They have to contend with lower wages, they pay very high prices for energy and transportation and they have numerous expensive government cash grabs.
14. The average Japanese you meet on the street is skilled. Cooking, sewing, auto repair and auto optimization, gardening, cleaning, basic home repair,
15. how to build water and energy optimization systems, self-defence and home cures are all practical skills and knowledge that can reduce your cost of living dramatically,
16. So you save more money, or have more money for things you wish to buy. Parents: retirement planning should include raising practically skilled children!
17. It only makes sense. You bring them into the world and raise them with your labour and love and you form a relationship that lasts into your declining years, when you may want to call in a favour or two.
18. Anyway, get down to learning something useful for your own good because these prices are on the rise and the shit has hit the fan!
