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The Ron Paul Tea Parties

305
Max Darkside4/15/2009 12:22:07 pm PDT

re: #294 Iron Fist

My opinion: Pay your highest variable rate first. If hyper inflation does hit, the card companies will jack rates further, if they can. Anything with fixed rate comes next, ranked by rate. Keep a cash reserve, of course. More than you think you should. Don’t count on that credit card available credit to be there. They can cut it to current balance at any moment.

If and when inflation starts rising quick, borrow as much as you can at a fixed rate and buy things that will go up with inflation, oh, like maybe land.

/I am not qualified to give financial advice.