How to survive Hyperinflation

I've blogged before about Zimbabwe's hyperinflation, which is in the millions. We are headed for that here in America, because the Treasury is printing Monopoly money in the name of economic stimulus. Our national debt is going to equal our gross domestic product in just a few years. That's when our debt equals our total output for the whole country. That's like when your personal debt is equal to your income. When the German government created hyperinflation after World War I, a loaf of bread went from a few cents to billions of dollars. You know what came next. Hitler.

Here are some tips for how to survive. The two keys seem to be investing in stocks and non-perishable foods. Ironically, folks in debt benefit the most. So I'm in good shape.

NoScamNC

NoScamNC is a Web site by the Attorney General's office where you go to find out what to do about Identity Theft in North Carolina. You can learn how to protect yourself, steps to take if your ID is stolen, links and resources, and real stories.

One way to protect yourself is to freeze your credit, which prevents everyone, including you, from getting new credit in your name. If you want to apply for a loan or a new credit card, you have to unfreeze your credit first, which is a great way to force yourself to cool down before making a big impulse purchase.

Give a dog a bone

I gave my big brown dog a little chicken thigh bone. He ate it. So I gave him another one. He buried the second one under the couch cushions.

Humans should take a lesson from that. You should always have something put aside for a rainy day.