Dollar collapse

[Luis Saez]

Just heard that 36 cities in 20 U.S. States are dumping the dollar. I could NOT find any evidence of this being the case. So I that being that BP members reside all over that maybe someone can say if their city is showing signs of this. Moreover, let's assume the dollar does collapse. I think that buying actual tangible goods like property, liquor, whatever is the only thing that we can do individually to hedge ourselves against inflation. I mean, if the dollar is becoming more and more worthless, it makes sense to get something of value with something of no value while ppl don't realize it.

[J Scott]

Originally posted by @Luis Saez:

Moreover, let's assume the dollar does collapse. I think that buying actual tangible goods like property, liquor, whatever is the only thing that we can do individually to hedge ourselves against inflation.

Yes, all smart investors are buying liquor these days. Just picked up three bottles of wine...as a hedge, of course...