|Posted: March 24, 2004, 3:56 pm - IP Logged|
I would put lots of money in overseas investments, because hyperinflation always follows huge balance of payments deficits accompanied by redistribution of wealth and government deficits. People think that the United States cannot face the same consequences as did many South American nations but they are basically wrong.
I would buy stocks in foreign currencies, some US stocks, and quite a bit of (uninflatable) property.
If we ever have a sane government again, I would of course, bring my money home and help us rebuild from this disaster, the worst of which we have not yet seen.
I would create a charitable donation fund with investments similar to my personal portfolio, as well as a fund for my extended family with the same conditions.
I would divide my Bush tax break between the political campaigns that seek to arrest the severe decline our country has been experiencing the last three years and to fund things that I think ought to be government responsibilities but are not currently funded. Most of the latter would be environmental and investment in our young.