Hyperinflation effect on short positions.

[PlusMinus]

Seriously doubt there would be a gold confiscation. This country is a lot different than it was almost 100 years ago.

 

[Debaser82]

In Weimar Germany they had hyperinflation but their stockmarket went down from 100 to 2 in foreign curriencies.

 

[rluser]

Quote from TimeCorrosion:

Thank you all for your replies!

With the Fed creating trillions of dollars out of thin air, and with so many warnings in the media and YouTube, I am genuinely concerned about hyperinflation because of the following additional factors:

(1) I am paid by the government, and my paycheck is deposited electronically into my bank account. With the government running a huge deficit, if it takes more dollars to buy basic necessities, the government will not give me more money to cover these higher prices. Unlike people who open their own bakery and can charge customers higher prices in cash, I depend on the government for payment and credits and cannot charge a penny more. Even if the government increases payment, my taxes will go up because I have no cash to hide.

(2) If hyperinflation does occur, how can I use it to "inflate away" my house mortgages? If my paycheck does not increase and I cannot get cash, hyperinflation can only hurt. Get out of debt as some people say, or get long term fixed rate debt?

Time to go back to nature and to farming perhaps?

Rethink
Iin the event of hyperinflation, a couple blowjobs will buy off your mortgage -- whatever its present nominal value

if you are seriously concerned about economic collapse focus on these elements: subsistence, defense, trade, medium of trade

If you have some land, can farm it, defend it, have skills, commodities, and knowledge to trade with the neighbors and have some medium for doing so, you'll be fine.

While you're worrying about this hedge against disaster, don't forget to hedge against prosperity. That might happen, too.