Quote from Ghost of Cutten:
Well, obviously you expatriate your capital (and preferably yourself) long before inflation & government oppression reaches Chavez/Mugabe levels. Property rights will stay in place long enough to get paid on your bets, just convert them to foreign currency or physical assets as you bank coin. Property rights are surprisingly stable for most things - no socialist government cares if one speculator profits from another, only if a speculator profits from the "general public" or (especially) from the government.
There are dozens of inflationary spirals in history, just read up on a few of them and you can see what to do, and how the governments act each time (pretty much the same playbook for all of them).
The key is to get the bulk of your capital out before capital controls come in. After that, keep all your local wealth in real assets which are not obvious targets of "clampdowns on speculation", such as real estate, farmland etc. Do not own retail/consumer businesses which are obvious targets for price controls, or importers. If you have to smuggle out capital, do it in drips and drabs with non-obvious stuff like gemstones, using couriers, Hawala banking etc.
The simplest solution is just to emigrate. Unless you are very patriotic and willing to probably die or be in jail for 20+ years as a dissident fighting an entire evil political system (kudos if you do that), you are much better off just avoiding a disaster zone such as a hyperinflationary spiral, rather than trying to preserve and increase your wealth in the midst of one; much as you would be better off leaving a war zone rather than trying to figure out how best to survive one.
