Hyperinflation is Coming: 10 Basic Steps to Surviving an Impending Currency Collapse, by S.P. – Part 2

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10 STEPS TO SURVIVING AN IMPENDING CURRENCY COLLAPSE

STEP 1: Believe in the Lord Jesus Christ and Accept the Free Gift of Salvation

The war against the U.S. dollar, the middle class, and free-market capitalism is spiritually rooted, so therefore the solution is spiritual. Important Note: Step #1 is the most critical because absolutely nothing is more important than the forgiveness of sin. “Being justified freely by his grace through the redemption that is in Christ Jesus:” (Romans 3:24)

STEP 2: “Know Thy Enemy”

Educating yourself about macro-economics is critical, and this website has produced a lot of good online documentaries.

STEP 3: Liquidate Useless Items to Generate Extra Cash

Successfully implementing Step 3 has caused a few extra thousand dollars to flow into my life. From flipping a purportedly rare $26 investment book for several hundred dollars to selling off my 1990’s Ralph Lauren college wardrobe that was gathering dust, this eBay idea has proven to be a God-sent bonanza.

  • Building a war chest of cash is essential to every survival plan, so generate additional capital by selling off unwanted/useless items.
  • Set up an eBay account and begin to sell useless/unwanted items. Here’s how:
    1. Create an eBay Account .
    2. Sign-up for PayPal Account .
    3. Download eBay Turbo Lister.
    4. Identify unwanted items of value and take quality photos.
    5. Acquire boxes and labels for shipping and package professionally in advanced.
    6. Build inventory within Turbo Lister by creating new items.
      • Use a catchy title and write out a detailed, honest description.
      • Upload a minimum of two or three quality pictures.
      • Sell at fixed price for 30-day duration as a private listing.
      • Provide free shipping, but factor shipping cost into your price with two days handling time.
      • Require immediate payment via PayPal and returns not accepted.
    7. Add items to upload and then upload all or selected items to eBay.

STEP 4: Invest in Basic Necessities and Develop a Strategy for Bartering

If or when the economy experiences runaway inflation, everyday household items will spike dramatically and panic buying may ensue as a by-product.

STEP 5: Build an Emergency Food and Water Supply

Inflationary psychology may become a huge factor because in a similar manner to what occurs when there’s an imminent threat of a hurricane or severe snowstorm, panic is triggered and people begin to stockpile things, which creates shortages and causes prices to skyrocket. This in-turn exacerbates the panic. Building an emergency supply circumvents this dilemma.

  • Educate yourself on emergency food storage and buy one year’s worth of food.
  • Visit http://www.foodstoragereviewer.com to review emergency preparedness companies and products.

Reputable Emergency Preparedness Companies:

STEP 6: Seek Out Alternative Currencies to the U.S. Dollar

Hedging against an abrupt U.S. Dollar devaluation and the volatility of holding fiat (paper) currency is a must!

  • Educate yourself on bullion buying, and purchase American Gold/Silver Eagles along with junk silver.
  • View Kiyosaki/Mike Maloney Video.

Reputable Precious Metals Dealers:

CAUTION: Precious Metals investing is rife with rip-off artists, market manipulation, unscrupulous broker/dealers, and the risk of government confiscation. Novice investors should not enter the market without proper education. (Visit http://www.goldscams.com and read the free Special Report.)

Recommended Reading: Rich Dad’s Advisors: Guide to Investing in Gold and Silver by Mike Maloney.

STEP 7: Grow Your Own Food (if possible)

Once again, inflationary psychology may become a catalyst that leads to food shortages, so the more food an individual can grow on their own the less dependent they will be on a supermarket.

STEP 8: Resolve to Increase Your Macro-Economic Intelligence

Financial knowledge is power. The greater an individual’s financial intelligence, the greater will be their ability to decipher Fed monetary policy and the impact it will have on their life.

STEP 9: Adopt the Mindset of a Survivalist

Hyperinflation in the U.S.A. could lead to a societal collapse. If Steps 3 through 7 are implemented, an individual may have to protect themselves from thieves who did not prepare.

STEP 10: Psychologically Prepare for a U.S. Dollar Collapse

The majority of Americans will be completely blindsided by a collapse of the U.S. dollar and won’t know how to adapt in a hyperinflationary economic environment. Accepting the probability and making preparations gives an individual an edge, because it eliminates denial, anger, and fear.

Legendary, French General Napoleon Bonaparte famously coined the phrase “two o’clock in-the-morning courage.”[22] This is immediate, unprepared courage one would have to exhibit when faced with an unexpected crisis in the wee hours of the morning.

Unfortunately, it has been said that this type of innate courage is extremely rare, and the reality of the matter is that very few people are prepared psychologically or emotionally for any kind of out-of-the blue emergency.

As our world continues to become increasingly unstable, wicked and chaotic, developing crisis-anticipation instincts and transforming ourselves into agents of contingency will become mandatory.

  • Mentally accept the possibility and cultivate an attitude of faith and gratitude.
  • Listed below are a few ways to stay mentally and emotionally fit:
    1. Combine ceaseless prayer with daily meditation and reading of the Holy Scriptures.
    2. Establish a vigorous exercise routine to be implemented at least three times per week.
    3. Supplement your diet with pharmaceutical-grade antioxidants, Vitamin D, and Fish Oil.
    4. Incorporate anti-anxiety, stress-reducing spices and herbal tea blends into your lifestyle; these include Chamomile, Passion flower, L-Theanine, Lemon balm, Ginger, and Turmeric.
    5. Spend at least 15 to 20 minutes a day outside breathing fresh air and absorbing sunlight.
    6. Associate with like-minded, intensely cerebral people who possess a positive mental attitude.
    7. Become a tactical thinker by studying Sun Tzu and Carl von Clausewitz.
  • Read “He Who Hesitates is Lost: The Psychology of Survival“

S.P. from S.C. is an Adamant Believer and Faithful Servant of the Lord Jesus Christ

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Disclaimer: S.P. from S.C. IS NOT AN INVESTMENT ADVISOR. THIS ARTICLE DOES NOT CONSTITUTE INVESTMENT ADVICE TO BUY, SELL OR HOLD SECURITIES OR PRECIOUS METALS (OR ANY PHYSICAL COMMODITY) AND IS MEANT FOR INFORMATIONAL AND EDUCATIONAL PURPOSES ONLY.

References

[22]Strock, James. “Napoleon Bonaparte | Two O’Clock in the Morning Courage.” ServetoLead.org. Last Modified July 24, 2012. http://servetolead.org/two-oclock-in-the-morning-courage/.