John T. Reed’s hyperinflation/deflation blog
Another Canadian banker
Posted by John Reed on
Copyright 2012 by John T. ReedHere is an email from the banker to the reader [with my comments]:That was a great read. [I do not know what he is referring to—maybe one of my articles about investing in Canada forwarded to him by my reader or my book How to Protect Your Life Savings from Hyperinflation & Depression. The reader sent this: Mrs. Singh was referring to the several of your web articles I sent as part of my original email. The http://johntreed.com/foreigncurrencyasinflationhedge.html and http://www.johntreed.com/Swissfrancs.html referring to Bank of Montreal, so she would have an idea of how you would...
Another reason to store food
Posted by John Reed on
Copyright 2013 by John T. ReedMy book How to Protect Your Life Savings from Hyperinflation & Depression urges readers to buy everything they will ever need for the rest of their lives now. Logically, that would protect you from price increases. A big part of that is food storage and there are a number of tricks to that. Some involve buying food with extremely long shelf lives like Mormon dry pack #10 cans and freeze-dried #10 cans. You should also have shorter-lived food, but you have to rotate that stuff so that you use it before it goes bad. With...
Does hedging against hyperinflation make you a kook?
Posted by John Reed on
Copyright 2012 by John T. ReedThis is a second installment in a discussion of angry emails I got from some of my book buyers when I sent them an email suggesting my book How to Protect Your Life Savings from Hyperinflation & Depression, 2nd edition. This email accuses me of being a crazy right wing kook:I loved you Succeeding book it was really fantastic. I didn't know you were a right wingnut though; the advice is your Succeeding book is great. In this email below you sound like just another lunatic right winger picking and choosing facts to fit some...
Using 90-day tourist visas to take refuge from U.S. hyperinflation, Part 1
Posted by John Reed on
Copyright John T. Reed 2014 I like to figure things out in part by gathering a huge amount of data. As a youth football coach, our defense kept getting beat game after game. I started watching our game videos while riding my exercise bike. A pattern emerged. There was really only one play that was beating us: the sweep. So then I created what football coaches call a cut-up. I copied onto a blank tape all the sweeps run by our team and against our team in a couple of seasons of games trying to figure out what stopped them...
Using 90-day tourist visas to take refuge from US hyperinflation Part 2
Posted by John Reed on
Honest countriesWell, I will care about what I want to care about and you should, too. If honesty and promise keeping matter to you, you should probably go to the less corrupt countries during your 90-day tourist visa escapes. Since rule of law, a related habit, is the main determinant of prosperity around the world, you will generally find that honest countries have a higher cost of living and standard of living and lower cost-of-living countries have lower integrity standards. Unlike the live-abroad book authors, I will not tell you how to think about it or whether to accept it....