View Full Version : hyper-inflation
oren_chan
14-08-2005, 01:38 PM
is there any1 can share some of the hedging tools to overcome hyper inflation. ie how do u protect your $ in a hyper-inflation period??
btw, if you found any sources do let me know. thanks in advance.
__earth
14-08-2005, 02:22 PM
transfer your holding into any stable commodity or stable foreign currently. That would do it.
To systematically hedge against inflation, we need to ensure a strong independent central bank.
DecentMerson
14-08-2005, 08:08 PM
Wikipedia - always a very good source for most keywords
http://en.wikipedia.org/wiki/Hyperinflation
...spend it on real goods or services as quickly as possible
...switching to alternate currencies, the return to use of gold or silver (as above-mentioned by earth)
iQing
14-08-2005, 08:18 PM
Buy gold / silver.
they are stabil
Salvation
14-08-2005, 08:30 PM
http://en.wikipedia.org/wiki/Image:Inflation-1923.jpg
http://en.wikipedia.org/wiki/Image:Inflation-1923.jpg
This is what you do in case of hyperinflation. :lol:
shangzheng
22-10-2005, 10:35 PM
Buy gold / silver.
they are stabil
Well, it sounds good lol but one must have an account on gold or silver trading.
Check this out http://www.kitco.com/
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