A reader asks; what’s the best inflation hedge?

I get asked often about inflation and economic collapse hedges, and which one I think is the best for the average person. Once again, it seems to come back to the ownership of rental properties; and if our experiences over the past couple years haven’t convinced you, don’t bother reading the rest of the article.

Now you may think I’m just shilling my book, so to speak, but I got involved in the rental business exclusively because of its opportunity as QE ramped up last decade and as we approach the Great Reset this decade.

2030; that’s me after the four horsemen have ravaged the earth. The blame rests fully on the shoulders of the NT-only Christians.

Hear me out and indulge me for a spell. How much is it worth to you to have the ability to house a family?

What is it worth to a family to be able to find a shelter? That value in nominal terms never seems to be dropping. It only seems to be rising. If an investor owns 10 or 12 SFRs, he or she owns a lot of wealth in that this investor has the ability to house 10 or 12 families. That is worth a lot of money, and if managed prudently with reasonable leverage, I can’t think of a better inflation hedge. I don’t get distracted with all the noise in the media regarding boom/bust cycles anymore with real estate. It’s clear that rents are only going in one direction and for the time being, this problem will be allowed to simmer and grow.

So I ask; what’s a better hedge against inflation? Is it gold, Bitcoin, oil, stocks, or having the ability to house a family? I think the answer is simple.

Think about all of the stories we’ve read over the years about professionals in countries like Argentina. Whether they were doctors, lawyers, or professors. Many of these well regarded individuals lost everything through inflation. They had notoriety and were well regarded in their communities, yet ended up selling tortillas in the streets and peddling stuff at flea markets to help make ends meet. That’s because they all took salaries and inflation destroyed them. The United States and the west are now suffering this same fate and all of these professionals who are now on the payrolls are going to lose everything through inflation, just like they did in Argentina. United States is now a second world nation and their labor pool is being priced as such.

So I ask you, what’s the best hedge against inflation? I think the answer is obvious and as the housing price to income multiples in the United States continue to rise, you’re going to be grateful that you owned rentals, which, in my book, is the best hedge against inflation.

Related Posts

99 thoughts on “A reader asks; what’s the best inflation hedge?

  1. Historically, cash (bank deposits) are the best hedge against inflation. Duration assets like houses, bonds, sometimes also stocks get destroyed during inflation. But high quality companies should continue to be high quality companies regardless of this inflation stuff.

    Inflation = low duration assets; the lower the better (commodities, cash)

    Deflation = high duration assets (bonds, real estate, stocks only if there’s good margins).

    You just don’t understand how the system works if you see it differently.

    Now, personally, I don’t see this inflation thing as a long-term trend at all. So we will soon be in a very strong deflationary trend as everything starts to crack and crumble soon. It may take another year, the delusion in many is very very strong.

    I think real estate is just about the worst asset you can own right now.

    1. Indeed. I see it differently and I take your contra. The best part about My conclusion is that it is already paying off well. My rental income is up almost 40% since the beginning of the year and I was able to purchase another property for cash because of that. Thank goodness I front end loaded all of my big ticket items on my properties, because that cash is worth a lot less now than it was just 12 months ago.

      The inflation we are now experiencing and to which you’re referring is not the inflation that you study in your textbook.

      1. Even if we can equate today’s manufactured and intentional inflation with the inflation of the late 70s-early 80s, don’t bother looking down below.


        I remember back then and it had a whole different feel and the reasons are different this time and perhaps much longer lasting than many suspect.

        Just when we think inflation is going to come down this time there will be another global conflict somewhere that will affect the supply chain. If it’s not energy this time around, then it will be semiconductors. It will be something that will stifle the central bank and it’s abilities. Of course it’s being manufactured, but the results are going to punish the wage earner and it won’t matter how much cash they hoard and how much the demand drops. Inflation will rage.

      2. Good sir, please don’t lecture me on “my” textbooks. There’s only a few textbooks I take seriously, and Econ 101 (etc) is not among them.

        Anyhow, I take your point that this inflation is different from the 70’s and 80’s. There are, however, also similarities.

        The key similarity is that there’s a relatively large demographic group coming onto the market. I think the millennials just lost their patience and are now borrowing all-out, same as the boomers in the 70’s 80’s, although their terms of credit were vastly different. Either way this probably (temporarily) hyperinflates housing demand.

        And there is the key difference of course: the insane indebtedness of certain groups, the government being not the least of which. The delta in interest rate has a much higher nominal impact than it did in the 80’s. It’s in fact not even remotely comparable.

        I think people are underestimating the extent to which there is no funding capacity for all this securized debt (rollover + issuance), being the corporate bonds, sovereign bonds and MBS primarily.

        Sovereign default of some order is no longer (that much of) a tail risk. Even US sovereign default is a possibility, although of course EM and euro periphery would go first. I think the CBs won’t save the governments until the pension funds are squealing in agony, and then only under the conditions they stop (deficit) spending and take their CBDC replacement. And make no mistake, I am not saying that this default couldn’t be avoided if the Fed and genius gremlin Yellen work together on that (printer go brrrr ad infinitum in theory), I’m saying they will foment this default to usher in their new system.

        Once there is extreme stress in the markets then they will come up with something and the bonds will quickly rally into deeply negative rates, the only way to get rid of this debt in the end. This way they could probably clip bank deposits as well without imposing bail-ins i.e. triggering the FDIC/DGS.

        1. Points well taken. I agree with your observations regarding current circumstances. Time will tell; however this blog discusses the conspiracy and intent behind authoritative actions, and we have been concluding that this is leading to some desired future outcome and is not the result of mistakes. As for now I am recommending we continue doing what we have been doing as it is paying off. I am very concerned regarding the persistent strength of the dollar, which at least helps to underpin dollar assets.

          If you do notice, I have not been been recommending residential real estate outside the US borders. The international cap rates and IRRs are way too low in all other nations to be acceptable for the risk involved. They are even lower in Ukraine. In Canada, for instance, the cap rates are about half of what they are in the states. It’s like that in most other Western nations, and these values are even lower in many developing nations. Only in the US am I guaranteed anything that remotely resembles a decent cash flow. This is also why we also observe the SFR REITs concentrating their energies and resources in the domestic market. Moreover, the shorter duration of mortgage resets in the other countries only cause more uncertainty.

          Time will tell. Remain underlevered. I only paid cash for the latest property, because I am relatively underlevered and can also use tax policies for my benefit to offset the new rental source. I am loathe to make blanket statements regarding investing here as a newcomer or overlevered investor will face more uncertainty.

          1. I agree and I always enjoy discussing with you very much.

            I think the point is that “unlevered” doesn’t work for anyone who is not already reasonably wealthy. Perhaps some of your readers are, and in this case I would say unlevered investments in US residential real estate, ok I think it is not necessarily the worst thing to do.

            However, if you are like me, not too old and not very rich, unlevered is a sure fire way to get killed off completely. And a levered investment in real estate is also a good way to go for that -100% wipeout because it is illiquid and you can’t get out from under the negative cashflows when in a bind.

            So you have to understand my perspective, I am not seeking to retain wealth but rather to reach escape velocity.

            We simply walk different paths at different timelines, but fundamentally it seems we agree on the main points.

            I have to wonder though what the average duration is on the leverage those real estate investors in the US are carrying. I think, to be honest, this is a setup. All the leveraged real estate players are gonna be wiped out. But an unlevered bet, or a bet that has enough liquidity it can pull from elsewhere at least will survive just fine I think. If it doesn’t survive, then probably not much else did either.

            1. If you and I were in private conversation I would say to be aggressive. Be smart and start out self-managing. There are always good deals and even if you get a fair deal, that’s still a good thing.

              For instance, say I buy a property for cash at 90% market price. It then goes down 10%. I still am getting a 6% cap. Year in and year out. And the cap grows vs. purchase price as rent increases. I don’t look at the stock prices of these SFR REITs as an indicator of future prospects. Their shares were already priced very high with payout yields of about 2.5%. That is way too low for me. I need a minimum cap of 6% to pay for the time and effort. Now, some will say what’s the big difference between a 3 or a 6 cap? The answer is, a lot. Properties are twice as expensive with a 3 cap as with a 6 cap. This is the case in Canada and the former Commonwealth nations.

              If I were giving advice to you personally, I would say to be aggressive. Investor financing is very cheap right now when compared to its historical range with owner occupied financing.

              Say you go out and buy a 250k property for cash. You get that rent and a 6 cap is easily achievable still. Thus that price is a fair deal. You now have a low risk investment earning you 6% based on purchase price that will climb over the years. Go out and then borrow against it for a 30-40% down payment on another SFR. Now you have two rents and an amortization paydown and a bundle of tax benefits to boot.

            2. Yeah, I get where you are coming from but still I disagree. I don’t believe in the housing market surviving.

              The elite wants to shake the proles of their coattails and the housing market will collapse to achieve it. Probably along with a number of pension funds. Those boomers are just useless eaters at this point, they need to be sacrificed to Molech or the Mammon or whatever strikes your fancy.

              They’ll probably collapse a large section of the public sector along with it this time.

              The biggest misconception about the GFC is that the “government saved the banks” and they “socialized the losses and privatized the profits” and all this other Redditor socialist garbage. The fact of the matter is banks don’t need saving. Banks own the money, the government, and the Fed. They did however save some equity, I guess, and they (primarily!) saved the pension system and the BAU approach that they’ve desperately maintained also in the past 10 years. It’s just so ludicrous to think that the banks were saved, when it was actually those politicians saving their own skins. Because if they hadn’t done so, the banks would have owned them completely. Their mortgages called in, their campaign funding gone, everything just gone. Alas, it will be the outcome anyway I believe.

              They’ll squirm and squiggle a bit, but they’ll swallow it. Then for the proles there will be worthless CBDC (which is what your rents will be getting paid in) and for the elite there will be the current system still.

              By the way, I am a banker (or a bank employee really, depending on how you classify it), and I work in a position where you deal with “the nature of the system” on a relatively intricate basis if that’s what you go for in that role (which I do). I’m very knowledgeable about the balance sheet operations (as I am sure you also are) of the monetary system, and how it all works.

              Long story short, the deficit will remain funded and the pension funds will remain funded for as long as the banks determine they be so. If they be not so, the game is over. It’s important to note that the equity or even creditors of the bank are not the bank, and it would likely be game over for a lot of them too. Only the bank is the bank. It’s to be seen as a utility company, that you can use for your purposes, or others can use it to harm your purposes. And it only listens to the instructions of a very select few.

              Would love to have a debate one day about all this and what’s coming, as I feel my views on it are more monetary-driven and technical whereas yours are perhaps practical. Perhaps there is something to be gained from the intersection .

            3. I will add, by the way, that what I like about debating with you on the housing market is that you don’t believe any of the nonsense housing bulls generally believe in, and you STILL are a housing market bull. That’s what makes me doubt my own position on this asset class to some extent.

              By the way if you want to know what I am bullish on, you need to be veeeeeeery particular and trade it actively, but I would want to go balls-to-the-wall long on 5-10year duration corporate bonds once we reach the inflection point, and maybe short 20+ year sovereign bonds to fund it. The trigger to do this is real stress at a real thing like CALPERS or some other insolvent shithole in Europe. And maybe even after that.

              We just had the Countrywide collapse if you wanna see it in GFC terms. We still need AIG and then finally Lehman, and then finally eventually the market will bottom once they get the CBDC operational and everybody can breathe a sigh of relief.

  2. Mark this up in the “holy moly” Department. Famine coming worldwide, thanks to the purposely engineered global COVID fiscal and monetary policies. No mistakes; none.

    Sri Lanka consumer inflation hits record 73.7% in September


    Annual food price inflation picked up to 85.8% from 84.6% in August, while prices of non-food items rose 62.8%. Sri Lanka’s Central Bank Governor Nandalal Weerasinghe predicted earlier on Thursday that inflation in the island nation is peaking, with price rises likely to ease this month.

    1. Indulge me here.

      It’s an economic and psychological phenomenon regarding human behavior during hyperinflationary times. People tend to pull back on spending and horde cash. They tend not to layout money for durables or costly house rehabs. But I say we should do the opposite. During times of hyperinflationary conditions, such as we see now, we should try to front end load as much of our spending as possible. Keep in mind, I’m not talking about buying depreciating assets nor frivolities in this instance, but rather contemplating needed spending.

      People are under the misguided perception that somehow prices will revert back to the historic Norm when, in fact, that has never been the case.

      In the case of hyperinflation, I wouldn’t buy a new car as they only last a few years and depreciate quickly. But if somebody needs a refrigerator, I say buy the refrigerator now since that refrigerator should last at least 10 to 15 years. If you plan on getting a new roof or vinyl siding I would suggest getting it done ASAP versus waiting another year or two.

      I’m not just offering up an opinion here, this is what I am doing, and I’ve spent money on five detached houses all within a span of a year. If you can get a good deal on something right now I would execute. I have been working on five properties for a year now. I have spent at least $100,000 on materials and labor. Because I can do much of the work myself I have probably saved at least another $150,000. Moreover, because of my familiarity with housing, I can also spot excellent deals and keep costs lower than anyone else. Professional contractor costs have gotten out of control, but they’re never going to go back in control. Don’t fall under the misconceptions from which the masses suffer under times of hyperinflation.

      When the real cost of money is low, like now, I say spend it. When the real cost of money is high, like the 2010s, the urgency to spend is less.

      I estimate that the $100,000 that I’ve spent so far on labor and materials would be about $130,000 now. Anyone who’s thinking that there’s going to be a housing crash in the United States is deluding himself.

      1. Please understand something. When I comment on how humanity can never achieve a multicultural kingdom I don’t do it out of racism or bigotry or xenophobia or hate.

        It is based purely on economics. It is impossible to amalgamate disparate populations into one nation. Only your enemy who hates your guts and reigns over you will try to engineer you and the country for that ostensible goal.

        So, how is it based on economics? It takes trillions upon trillions of dollars in order to achieve this goal, which will never be achieved. This silly notion of a multicultural kingdom is used by your enemy to consolidate the global wealth and steal the birthright from you. If you are like I am, you can stand above this, recognize this, and profit. You can profit just like the wealthy engineers of the New World Order. Just listen to me and what I am telling you. If you’re black or Asian, I’m your best friend. I’m telling you the truth. If you’re an illegal alien, I’m your best friend. I’m telling you the truth. I’m telling you how to get ahead. I’m telling you that the United States still offers the best opportunity around the world. I’m telling you exactly how to make money and overcome the enemy, at least financially and spiritually.

        1. It’s amazing to be alive and to know what I know as the Book of Revelation unfolds in real time. What an exciting time to be alive, and have my health, skills, and understanding. Perhaps less than 3% of the entire world’s population can claim this.

          Pray and look up! Jesus saves!

          1. The Old Testament prophecies all talked about an unfolding conflict in the last days or the latter days. This has nothing to do with the days before Jesus Christ’s life, death, burial, and Resurrection. It has to do with the days after the first Christian Pentecost.

            You may think that this is bunk, but why are the sides that are forming now conform perfectly to the proper nouns and names listed in Ezekiel or Jeremiah? I ask you why? This force is much bigger than any of us can comprehend.

            These have yet to unfold and when they do, they will unfold in rapid fire succession. Bam Bam Bam! One after the other and will leave the world’s population of multicultural seekers dazed and confused. That’s if they survive.

        2. Blessings CJ

          Labeling someone in this times as racist or a bigot or anything else has to be easy for some. Words are dirty cheap and the media owners are the masters of them. They tend to incite fear and the complacent masses seem to be too soft or tired to resist.

          However, this is not new, the multi cultural heavenly tower they are trying to build is quite similar to the Babel Tower of the scriptures.

          We all now how the Babel Tower worked in the end so the scriptures tell us that you are telling the truth about an impossible and stupid undertaking they are making the New World guys.

          Anyone who has lived and worked with foreign and not so foreign cultures knows that even when you speak the same language it is very confusing between different people.

      2. Not that I’m an economics wiz, but I have observed similar over the years. Prices don’t go down. Maybe dip, but in the end the longer you wait the more it will cost you.

        I have shifted my focus to buy another industrial building and the timing may work out in my favor during this dip in prices we are seeing. I will go in on this building deal with another party because there is a mutual business interest. Not from renting the building out but rather we will use the building to build a product that is very much in demand. I also plan to buy more metal working tools to help with expanding my current business to offer other capabilities in the same industry.

        We both have unique skill sets that the world needs now more than ever since many my age have retired or are retiring. My primary business is repairing a specialized pump used largely in the bio analytical industry and my neighbor repairs the electronic frequency converters for those pumps. But it doesn’t end there because my friend’s company also has a product that his grandfather designed and has sold worldwide. I’m helping continue this operation since I spent 20 years working with “grandpa” and now get to mentor “junior.”

        Our combined skill sets and low operating costs have allowed us to survive well enough in our current operations; and having the ability to manufacture and test grandpa’s product mostly in house is a huge benefit. What’s interesting is China may be a huge customer for grandpa’s product. Talk about a reverse in trade! In addition to all this we will be doing work at our facility for a DOE contractor as part of a huge upgrade that will take at least 4 years to complete.

        My main point is many people have unique skill sets that can become careers regardless of the market conditions. Some businesses don’t do well in bad times but consider the business model of those that failed or perhaps they failed due to other factors. A basic recipe I follow is: Do something that no one else can do or provide something that everyone needs at a cost low enough that no one thinks twice to spend the money. Or something in between. A fantastic recipe for a food product? A time saver? As a food product example I will use my skill set to help out a neighbor who makes some of the best pesto you ever had. I won’t say what it is but we are both excited about the possibilities.

    1. I am making a prediction that the Fed is going to have to pull back from its full asset unwind by the middle of next year as it will eventually complicate its maintaining the Fed funds rate level. In other words, if the Fed holds to its promise to unwind as much as it says it will, the yield disparities will be too vast on the yield curve, which will just put upward pressure on the Fed funds rate.

      And this is because inflation is raging at such a high level, while real bond yields and the FED funds rate are firmly in negative territory. If bond yields blow out during the quantitative tightening campaign, the FED funds rate will blow out as well.

      Here’s the rub about mortgage rates. Real mortgage rates are still firmly negative, and it’s not such a bad deal to borrow at 7% when inflation is between 8 and 9% on the CPI. I figure if inflation eventually drops, bond yields and mortgage rates will follow and then a borrower can then refinance at a lower yield.

  3. Notice the one country in the article that is not mentioned; the United States. The reason for the United States not being mentioned is straightforward; high capitalization rates and IRR’s. In addition USA, Inc. offers its residents 15 and 30 year mortgages as the norm. Moreover all of these illegals can easily obtain FHA mortgages with no money down and price out the native plebs who cry racism if you say anything adverse. Price inflation is raging here and any rise in mortgage rates is offset by a potential seller demanding a higher price because of inflation. For almost a year I have been bouncing from property to property dumping money into front-end loaded rehabs and raising rent. Meanwhile, the doom and gloom Cassandra’s are running for the hills and popping iodine tablets.

    The whole world hates the United States and yet it offers investors with the best opportunities to make money. I marvel at all these expats who tell you on their YouTube channels how the United States is done and you can’t make money there. I say hogwash. Come to the United states. USA, Inc. offers people by far the best opportunities to make a boatload of cash. Still….


    Global Housing Market Pain Has Echoes of a Crash 30 Years Ago


    1. Philadelphia Fed “employment” and “prices paid” much higher than expected. The overall index is below consensus. Viva la inflation!

    2. America is a great country for those who come from overseas or across the border illegally.
      It is a little harder for those who are here legally or are US Citizens. If you are on salary and don’t earn a passive income you lose.

  4. Biden is winding up his drain of the SPR. Of course, this coincides with the midterm elections, and once the vote is rigged and the Democrats surprise with strong performance, inflation will begin raging once again. Imagine what the price of petroleum and gasoline is going to cause. Imagine the misery and heartache that higher rates of inflation will cause to the average person.

    It’s a sad state of affairs and it’s only going to get worse. In my walk of life it seems that inflation has become institutionalized. I’m noticing a loss of faith in the currency and a sense of inevitability with ever higher prices.

    The governing authorities and monetary scientists at the Fed took great pains to cause this and I am making a bold statement here; this was all done on purpose; I mean on purpose. There are no mistakes and there is a desired outcome in the future, and it will be grim for you and me.

    What is the average worker going to do? It will get to the point that it won’t even pay to get out of bed to go to work.

    It will be just like an Argentina.

    Welcome to your multicultural Kingdom. When no one has power, Satan reigns. You New Testament-only Jesus freaks better hope Jesus comes soon.

    1. Even though the polls favor the Republicans winning control of one or both the houses be prepared for upset victories by the Democrats. I DONT like to say this but here is why my gut feeling that the Democrats will “miraculously” win again:

      1) Polls have proven inaccurately wring since 2016.

      2) Vote counting is rigged to favor the Democrats and it will happen again this time.
      I have no confidence in the election process.

      3) The Synagogue of Satan that is in control favor the Democrat’s agenda of more war, more inflation, and more handouts to the plebes to keep them quiet. They will find a way to get the Democrats back in through election manipulation and vote rigging if necessary.

      If the Republicans win control of one or both houses then be VERY thankful to the Lord because that means we have been granted a reprieve in the timeline to WWIII and the end times. More time to make hay and get your spiritual house in order with Jesus Christ.

    1. In a rehab last December, I bought vinyl plank for $2.99 a square foot. Two months ago it cost $3.29. I’m doing a rehab now and it now costs $3.69. People are afraid to spend and do certain things, but I say spend the money now, because things are only going to get more expensive. Front-end load those rehabs.

      1. It’s hilarious. Everybody’s expecting the housing market to crash, yet it continues to defy gravity. All I know is that my expenses have exploded and my rents are just keeping pace. Good luck waiting for deals out there. They’re not coming. That is unless, of course, we start to see a massive die off. But here’s the rub, as all the white people start keeling over from the vaxxes, the multicultural Kingdom expands with the open borders. Someone has to fill my rental properties, I guess.

        Homebuilders aren’t helping to lower home prices because they too are sitting on the sidelines waiting for inflation and mortgage rates to fall


  5. A touch of 4,000 in the S&P 500, but nothing has changed. No new catalysts to reverse the monthly trend, which is further weakness in stocks.

  6. I read a book that said Jesus washes away my sins. I’ll take him up on that offer. I accept the terms of his unilateral contract and will labor to fulfill the obligations. In this instance, Jesus can be referred to as the Great Offeror. I am the offeree.

  7. Working on my new property in a very quiet area, the only loud thing I hear from time to time is the sound of an ambulance with the siren sounding as it drives to a local house. I assume another victim of the growing massive die off.

    1. I have people emailing me making observations about inflation. They’ll tell me that people will raise prices, because they think they could get away with it.

      I totally agree. Regardless of the reasoning, inflation as a phenomenon comprises several components. First is the monetary aspect in which the money supply is inflated. Second is the demand-pull or supply-side aspects of aggregate demand and supply. Third, and this is the most important aspect that we are now observing, there is a loss of faith in the currency as a store of value.

      These are the three primary aspects that drive inflation. So, if vendors and retailers jack up prices, a lot of this has to do with the fact that people are losing faith in the currency as a store of value. If this trend sustains itself over the intermediate to long-term, it results in a loss of faith in the entire system.

      How much longer will this inflation rage? If this inflation rages for another 12 to 18 months, the loss of faith will be complete.

      1. If the economy is bad then who is buying all those Teslas and taking trips? Oh Russia was allowed to buy them regardless of the sanctions and just in time for an ER? I guess people are watching Netflix on the airplanes and in the hotels? Musk needs to pump the stock to make up for his twitter purchase charade so he can’t have a bad ER guidance. Airlines doing very well considering the all the doom. If traders took the contra from the mainstream last week they would be happy this week. Lot’s of money on the sidelines ready to enter, started on thursday last week. Needs to pullback for a few days before another leg upward.

        I’m seeing a zig zag pattern, FED rate hike, doom fud enters the scene, CPI PPI reports, more doom news, decent ER’s, then markets uptick.

        Next FED rate hike Nov 2nd, 75 or pivot?
        Elections Nov 8th, dems or repubs?
        Ending the Ukraine wargame hoax seems to be on the table as they can’t keep it going. We could have a Santa Rally.
        Nuke hoax option on the table, yet not seeing any national guard callups or oddball movements. huge tsla purchase from Russia, so odds of military conflict escalating very low.

        Anything can happen but whatever you see in the mainstream news….as Chris says:

        Take the contra!

      2. In the long run, could the rate hikes make the money supply grow even faster?

        The US government will continue to deficit spend, which means it will continue to borrow. However, the US government will now pay much more interest, which it will have to borrow to pay. Then the US has to pay even more interest on the money it borrowed to pay the interest. This cycle will get worse over time.

        I don’t see any politician mentioning how the rate hikes are setting the US on a dangerous fiscal path. At least with low rates, the US government could justify deficit spending.

        This also makes me wonder whether these rate hikes could be temporary.

        1. The hikes in interest rates will help to suppress money supply growth.

          Higher rates will, by their nature, crowd out private investment, or at least small business and consumer activity. Only the governments and largest corporations will survive and grow in this type of environment. After all, isn’t that what the Great Reset is all about? Those with little debt and/or relatively easy access to cheaper credit can survive. Unless the Fed and the multicultural kingdom government attempts to otherwise, M2 growth will struggle and so will asset prices.

          1. And people think social and racial Justice are independent of what we see. Or even worse, they believe that if we become more racially and socially justified, our evils will be rectified. The non-whites think that the whites are the problem. Or I’m the problem. They have no idea what they’re talking about and know nothing about the Bible. Prepare. This decade is going to be a shit show for the so-called victims of racism and social discrimination. What a shit show it will be for you all who don’t know what is going on and do not heed the warnings of the Old Testament.

            Unfortunately for those goombas out there, I’m telling you the truth. The livestock are so easily offended. There is absolutely nothing left to resist. The end time Church actually is facilitating its on demise.

  8. I want to share a message that has been spreading all over the internet that concerns the times we are living in. Whether you believe in God or not, this is a must read message!

    We can see throughout time how we have been slowly conditioned to come to this point where we are on the verge of a cashless society. Would it surprise you to know that the Bible foretold of this event? Don’t believe me? This may be the most imporant message you will read in these times…please do not ignore this!

    This messsage reveals what the Mark of the Beast is, and the meaning behind counting a number people have been pondering for centuries, 666. This message also shares why Barack Obama is the Antichrist. This is truly a message from God!

    Referring to the last generation, this could only be speaking of a cashless society. Why? Revelation 13:17 tells us that we cannot buy or sell unless we receive the mark of the beast. If physical money was still in use, we could buy or sell with one another without receiving the mark. This would contradict scripture that says we must have the mark to buy or sell. So, it deduces itself to this conclusion.

    These verses could not be referring to something spiritual as scripture references two physical locations (our right-hand or forehead) stating the mark will be on one “OR” the other. It once again deduces itself to this conclusion.

    Why the number 144 is worth our attention is because the verse following Revelation 13:18 is the first time in the Bible where the 144,000 are being described in detail:

    “Then I looked, and behold, a Lamb standing on Mount Zion, and with Him one hundred and forty-four thousand, having His Father’s name written on their foreheads…” (Revelation 14:1).

    Now if you add up all three numbers from counting 666 by moving the “+” symbol around, it would be 72+72+18=162. What is compelling about the number 162, is, if you divide 144,000 by 162, you get 888. The name of Jesus in Greek gematria adds up to 888. The New Testament was originally written in the Greek language. Revelation 14:1 not only mentions the 144,000, but also the Lamb who is Jesus.

    Now what is interesting about the number for Jesus, 888, is that if you apply the same formula that was used to count 666, you get 8+8+8=24. Why the number 24? Revelation chapter 4 tells us there are 24 elders seated around the throne of God. This is the same throne where Jesus sits.

    In the Greek (the New Testament was originally written in the Greek language), and other translations, you will notice the beast is described as an “it”, instead of “him”. The reason I’m making this point is because when a translation says “His number is 666”, this would imply a singular person, the Antichrist. But by saying “the number of it 666”, implies that it is of the beast system as a whole.

    So I looked up this number 30330 concerning Joe Biden, and I found this information:

    If you send a text to that number (at that time), you would get a response asking to support Joe’s campaign to take down Donald Trump, with one part in caps saying “CHIP IN >>” pointing to a link to go and donate.

    “CHIP IN”? Obama has used this phrase in the past on his twitter and people believe it is a subliminal message to receive the mark of the beast, that is to say the implantable RFID microCHIP that will go IN our body.


    In the Islamic religion they have man called the Mahdi who is known as their messiah of whom they are waiting to take the stage. There are many testimonies from people online who believe this man will be Barack Obama who is to be the biblical Antichrist based off dreams they have received. I myself have had strange dreams about him like no other person. So much so that I decided to share this information.

    He came on stage claiming to be a Christian with no affiliation to the Muslim faith…

    “In our lives, Michelle and I have been strengthened by our Christian faith. But there have been times where my faith has been questioned — by people who don’t know me — or they’ve said that I adhere to a different religion, as if that were somehow a bad thing,” – Barack Obama

    …but was later revealed by his own family members that he indeed is a devout Muslim.

    So what’s in the name? The meaning of someones name can say a lot about a person. God throughout history has given names to people that have a specific meaning tied to their lives. How about the name Barack Obama? Let us take a look at what may be hiding beneath the surface…

    “And He (Jesus) said to them (His disciples), ‘I saw Satan fall like lightning from heaven'” (Luke 10:18).

    In the Hebrew language we can uncover the meaning behind the name Barack Obama.

    Barack, also transliterated as Baraq, in Hebrew is: lightning

    baraq – Biblical definition:

    From Strongs H1299; lightning; by analogy a gleam; concretely a flashing sword: – bright, glitter (-ing, sword), lightning. (Strongs Hebrew word H1300 baraq baw-rawk’)

    Barak ‘O’bamah, The use of bamah is used to refer to the “heights” of Heaven.

    bamah – Biblical definition:

    From an unused root (meaning to be high); an elevation: – height, high place, wave. (Strongs Hebrew word H1116 bamah baw-maw’)

    The day following the election of Barack Obama (11/04/08), the winning pick 3 lotto numbers in Illinois (Obama’s home state) for 11/5/08 were 666.

    Obama was a U.S. senator for Illinois, and his zip code was 60606.

    The names of both of Obama’s daughters are Malia and Natasha. If we were to write those names backwards we would get “ailam ahsatan”. Now if we remove the letters that spell “Alah” (Allah being the God of Islam), we get “I am Satan”. Coincidence? I don’t think so.

    1. Very doubtful Obama is the Anti-Christ. He’s just a puppet – like most other politicians. Some on the right hate the guy more than others, because of the racism in their hearts. They not read their Scripture that king Solomon was black? And Solomon came from King David’s line. And Mary came from King David’s line. And the Messiah came from the womb of Mary. So it’s very possible that the Son of God was mixed, black, or white. Jacob had four wives. Two were sisters. Two were their sisters’ servants. Since Scripture doesn’t go into detail of the races, then it’s entirely possible the 12 sons of Jacob were either black white or mixed. And of course the 12 sons became the 12 tribes of Israel. And from the 12 tribes of Israel came the Messiah.

      Regarding the anti-Christ – since the book of revelation talks about “the beast that arises from the bottomless pit (aka Hades or Hell), then it’s possible that it’s someone that has already died. And aren’t they doing some fishy business over there at CERN? I saw one interview of where they are in communication with entities down there, and are looking to expand and make larger colliders. Then you have all the predictive programming about multi-universes and the opening up the gates of hell – movies like Stranger Things, All the New Marvel Movies; which deal with this sort of stuff. Especially Doctor Strange; Multiverse of Madness. So it could be someone that has already died. One possibility imo is the Roman emperor – Nero whom persecuted Christians for 3.5 years because of his extreme hate for them. Why did he hate them? It’s said because he blamed them for bringing fire down to Rome (does that sound like two witnesses to you?). He was 30 years old when he died. If he gets another 3.5 years that’ll be 33 years of age – same age as Christ when he died. His name also adds up to 666 and 616. So there are plenty of interesting parallels. Ofc all of this is just theories but they are interesting.

    2. The whole thing about Obama I can’t agree or disagree. It an interesting point but no one knows for sure. However, we must be aware and stand ready to follow Christ.

      The following are not my words but I believe backs up some of the thoughts in your long post above.

      Embezzlement and malice against one’s own country is a clinical diagnosis.
      How little children poke the old guard dog with sticks and shout joyfully: “Look, how lame her paw is, her ear is hanging, and the fur has come out! Let’s give her a break! ”
      The process bewitching and for a while gives a feeling of therapy, only then there is emptiness and longing in the soul, because it is unnatural as wishing trouble for your mother.
      You can, on the contrary, as BG sings – remember the rainbow.
      God is not dead, as some think, He Himself has made a union with us, so He is waiting and will be patient for a long time. God Believes in us and knows something we don’t know about ourselves.
      The saints knew, but few listen to the saints today. They did not go with anti-war posters to the city hall, but said: “Leave your sins, repent, correct your morals, return to the Church, to God!” “For them, it was the most sure way to return peace to Earth.
      Saint righteous John of Kronstadt, who the liberals consider a militarist because he wanted the victory of his Motherland – Russia, and know no more than what is written in anti-church campaigns, said: “To earn heavenly help in difficult circumstances” ah Fatherland, you need strong faith in Divine help – and most importantly, repentance of the sins that caused The wrath of God against Russia is a moral correction. Let’s return to where we left – to God, to the Church, to the Gospel, to his holy covenants, and God will turn to us, and help us in everything, and protect us from our enemies, and guide our feet, our lives to the path of peace (Lk. 1: 79), and he will cease the war, and he will show everyone their place.
      Peace does not begin somewhere out there, but at home with your loved ones. Without this, no peace in the entire world is possible.
      “If you live in mutual love, you will bring the grace of God upon you and your offspring – and God will dwell in you and crown all your endeavors and deeds with blessed success: for where there is love, there is God, and where God is all good.” With love, peace and tranquility will enter your home, because love is long-suffering and covers everything, and does not allow a person to be angry, angry, or be paranoid, or hurt in word or deed,” wrote Father John.
      He also wrote: “The life of the heart is love, and its death is malice and enmity. The Lord holds us on earth so that love can completely penetrate our hearts: this is the purpose of our existence.
      This is the hardest thing to do to stop hatred in your heart, but with God all things are possible.
      Denis Akhalashvili.

      1. Obama’s not the antichrist. He’s too unpopular. Anyone who comes out as the Antichrist will be an unknown quantity. The media will play him up as the savior and all sides will look to him as someone who has the answers. He won’t be burped up out of partisan politics. He will be a savvy person, but ostensibly a newcomer.

        The only reason why it could be Obama is that Obama has a drag queen for a husband, I mean wife, and Daniel explains him as perhaps being a homosexual as well. But I think that’s where the similarities between Obama and the actual Antichrist end.

  9. This is what I’ve been warning people about; the Federal Reserve has been so intentionally foolish because of covid, that people will begin to lose faith in the system. Everything seems to be coming together; a loss of faith in all of the established structures.


    The newest Nobel-winning economist lays out 2 reasons the US is ‘really exposed’ to a financial crisis


    •Two trends risk slamming the US financial system, Douglas Diamond, one of the latest Nobel-winning economists, told Insider.
    •If the Fed were to enact unexpected rate increases, it could spark market chaos and lead the public to lose faith in the system, he said.
    •Years of near-zero interest rates leave firms “really exposed” to surging borrowing costs, he added.

    1. Look on the bright side. After the massive die off, Jacob’s trouble with WWIII, terrible famine, and economic collapse and transformation, we get the Great Reset and then Jesus’s return.

      Our goal is to hold out that long.

      Coming this decade to a Western city near you. Don’t listen to Lorraine Day, these weapons exist.


      1. Many in the upper Catholic hierarchy believe Pope Francis is the last Pope.

        By the way, I talked to Chris and I know that I am going to be much darker in my outlook than he can ever imagine.

        Chris tried to put a brave and optimistic face on things; even in the face of contradictory information and observations. I am going to be much more sobering.

          1. The Old webmaster sold me the website and domain for $666. He was a sellout hypocrite all along.

            I wish to monetize this website somehow. Maybe sell gold and silver. Maybe freeze dried foods. Survival gear? He was a kook anyway. Good riddance to him. Today’s church members hated what he said.

  10. From a reader;
    Unannounced (if you did, then your subscriber system is broken) change to a nom de plume? Is this real?


    People read and hear what I say and think I am an angry hateful person. Just look at the web, and in my personal conversations with others.

    But this website is dedicated to the remnant and that small sliver of people left looking for the truth in any form. I am not like today’s Christian, but then again, the Israelites and Jews tried to kill and did kill the OT prophets who spoke the truth. The people of their time thought the prophets were going to hell. They slain Jesus, too. Christians today don’t want controversy, at least not the type of the OT. It’s much easier to quote Paul and leave it at that.

    I’m trying to figure this out as we get closer to mid-decade.

    1. I can understand Us remnant Christians who see bible prophecy playing out as we write are surrounded by people (especially family) who do not understand what we think. Some of us have to deal with very hostile people who denigrate us for our warnings and make our lives miserable. Like the early Christians, we need to gather anonymously at sites like this or at secret places so our family members or close people who are hostile to our beliefs have no knowledge of our discussion.
      Having to deal with confrontational people is VERY difficult. Much easier to use code names on likeminded websites and/or meet anonymously in secret places with fellow Christians.
      I myself use a pseudo name on this site for the above mentioned reasons. My recommendation is to part ways with toxic people who denigrate our beliefs.

      However, as Christians, we need to be prepared for confrontations and maybe even persecution for our beliefs. Only with the strength and faith in Jesus Christ can we prepare ourselves for confrontations and persecution. Remember that this material world is only transitory and the heaven of Jesus Christ is eternal. Hell is also eternal and life on earth is quickly directing unwary souls towards Hell.

      1. I am really concerned that Deagel 2025 will come to pass. The Israelite nations seem to beading in that direction as it predicted. Between vaccines and war, the Israelite nations will suffer the most by far. Should I sell some properties in the politically correct areas?

        Look out the window. It’s hitting for real now. Multiculturalism and this do not run independently of one another.

        The loss of faith in the monetary system seems to be timed well to coincide with the mid decade. My theories from a decade ago in the timing now seems to be happening. A loss of faith in all institutions, including the medical system as the body bags pile higher. War seems like an inevitable outcome.

        Daniel 12:7 KJV
        And I heard the man clothed in linen, which was upon the waters of the river, when he held up his right hand and his left hand unto heaven, and sware by him that liveth for ever that it shall be for a time, times, and an half; and when he shall have accomplished to scatter the power of the holy people, all these things shall be finished.

  11. Now that the West, specifically the United States, built up communist China over the past 50 years, Chicomm China believes it can go alone and is now built up enough to decouple from the US. All part of the long range plan to build up Chicomm China into an enemy of the West.

    What Henry Kissinger said was unintended blowback was the actual plan all along.

    Here’s What China Experts Are Saying About Xi’s Big Speech


  12. ‘It’s becoming too expensive to be alive.’ Seniors cope with soaring housing and food costs


    Economic insecurity is upending the lives of millions of older adults as soaring housing costs and inflation diminish the value of fixed incomes.

    Across the country, seniors who until recently successfully managed limited budgets are growing more anxious and distressed. Some lost work during the COVID-19 pandemic. Others are encountering unaffordable rent increases and the prospect of losing their homes. Still others are suffering significant sticker shock at grocery stores.

    Dozens of older adults struggling with these challenges — none poor by government standards — wrote to me after I featured the Elder Index, a measure of the cost of aging, in a recent column. That tool, developed by researchers at the Gerontology Institute at the University of Massachusetts-Boston, suggests that 54% of older women who live alone have incomes below what’s needed to pay for essential expenses. For single men, the figure is 45%.

    1. Hi Chris. What do you suggest I do as I’ve only got some small savings and I presently rent in Sydney and own no property? House prices are ridiculous down under in Sydney but they are dropping. Should i just buy something to live in or to rent it out or just wait? What should I buy as I will need to lend 90% of the value of the property? Or I may have simple already missed the boat and it’s too late for me.
      Thanks for all your help

      1. I would continue renting. Don’t purchase now. There will be lower prices, but higher borrowing costs down the road.

        Long term investors, which a lot come to this site, should still stick to their knitting, as there are manifold tax benefits and advantages. But for someone in your position, I would pay rent rather than buy.

        This is especially true in the Nations outside of the United States. The US will fare better as most get 15 & 30 year fixed rate loans. England make have a RE Armageddon.

        1. Thanks Chris. I will wait for now.
          Also when do you think it will be time to move rural and off grid?

          1. It’s never a bad time 😉.

            I am now learning how to deal with the inevitable. Not just for food and water, but dealing with health and wealth preservation. The latest property purchase is further away and while not a typical rental for me, it’s one that could provide family with a place to escape when the SHTF.

            We have the continue adjusting to this new reality. Much of it will have to be accomplished unilaterally, as many won’t see what we see.

      2. This is a verbatim from a Bloomberg morning mail. Notice how it says that the housing market is getting weird. That’s because prices here are falling (though at a much lower rate than in other developed nations), but higher cash flows are supporting higher prices. It’s a strange domestic market, indeed.

        US core inflation hit a 40-year high, dashing hopes the Federal Reserve will dial back interest-rate hikes that may tip the country into a downturn and further damage the global economy. That number excludes rent and food, but those aren’t getting cheaper either (though people still want their Pizza Hut). The inflation problem seems to run deep and almost certainly means another 75 basis-point hike is coming next month. The International Monetary Fund cut its global forecast as its chief economist warned “the worst is yet to come” and “for many people, 2023 will feel like a recession.” Another looming issue is liquidity in Treasuries, Janet Yellen warned this week. “If the Treasury market seizes up,” Robert Burgess wrote in Bloomberg Opinion, the global economy and financial system will have much bigger problems than elevated inflation.” Meanwhile, when it comes to the US housing market, things are just getting weird.

        1. I will work on another domain after I finish rehabbing the latest purchase.

          I may work with former KGB to make certain I get a lot of funding and traction. Then I can hire writers to really make a big anti-West website that will attract a lot of disenchanted Western debt slaves counting down the days to a collapse.

  13. House prices set to plummet to 2013 levels as surge in mortgage rates expected to hit


    Average house prices will fall by 14 percent over the next three years, a 29 percent slump in real terms, a leading economist has claimed. This would make the average price for UK houses back to 2013 levels.

    Simon French, chief economist at Panmure, said: “This would take the inflation-adjusted average price for UK houses back to a level last seen in [the] first quarter [of] 2013 before the Help to Buy programme was instigated.”

    He said the housing market is facing its biggest challenge since the global financial crisis in 2007.

    But argued that the “huge monetary easing” during that period is unlikely to be repeated now, meaning the coming years could look similar to the financial challenges seen in the early 1990s.

    The housing price predictions have come at the same time it emerged banks were preparing to slash mortgage lending by levels seen during the depths of the financial crisis even before Kwasi Kwarteng’s mini-Budget announcement.

  14. People can’t eat a Rolex, but they can sell them to pay the rent. This decade will be so ugly for Americans and Europeans. They will eat their seed corn to not go hungry. Watches will be worth less while food prices will keep rising

    Rolex Prices to Drop Further as Supply Surges: Morgan Stanley


    Bloomberg) — Prices for the most popular pre-owned Rolex, Patek Philippe and Audemars Piguet watches will fall further as the market has been flooded with supply, analysts at Morgan Stanley said in a report.

    After surging in 2021 and during the first quarter of 2022, an index of the most popular models from Daytona chronograph maker Rolex tracked by WatchCharts has fallen by 21% since the market peak in April. Prices for the most popular Nautilus-maker Patek Philippe references are down an average of 19% on the secondary market while those for Audemars Piguet, the maker of the Royal Oak, have declined 15% since the peak.

    Prices will likely keep falling due to a “dramatic” increase in supply, Morgan Stanley analysts including Edouard Aubin said in the report.

    “We have noticed a significant increase of watch inventory in the secondary watch market year to date as a result of secondhand watch dealers and individual watch investors off-loading their stocks,” Morgan Stanley said.

    “Given the current watch inventory for sale and the worsening macro backdrop, we would expect second hand prices to contract further quarter over quarter.”

    1. I ‘need’ an upgrade on some of my musical instruments. I suspect these will come up for sale for cheap in the secondhand market, like the Rolex. It’s not quite time to buy yet but I’m keeping an eye out in FB marketplace. Sadly, when that happens, perhaps there will be no use in me even having them.

      1. I suspect that you are correct. There will be a bifurcated marketplace in which non-essentials like watches and musical instruments could be had for a decent price, while a box of pasta will continue going up in value.

    2. I have a gut feeling that their will be a substantially increasing number of second hand items like the Rolex Watches as people are dying off. This is another sign that the death rate is increasing. Dead people don’t need things. The increasing death rate is the biggest cover up in today’s world.

      1. When I go out, whether driving or walking, I cross paths with an ambulance in full emerg. This happens like clock work every single day. I don’t ever remember a time like this before.

      1. Amen to that. I have an arsenal. I suggest we all build one. Not only holding value, but these prices keep rising.

  15. The reality is more complex. Part of the inflation we’re experiencing is due to the intentional destruction of the existing supply chains. There is really no hedge against this kind of “inflation” as this is not inflation per se but rather a controlled demolition of the existing way of life for the people. Another concern is that even the existing vanilla monetary inflation through money printing is not at all a guarantee. Rather it was a conscious policy choice by TPTB while it served their needs. It was buying them time. The same PTB could very well soon flip the script and create a deflationary environment. In fact it would be a lot more lethal (and hence useful for the agenda) given the amount of leverage that many people have accumulated in both real estate and stocks.

    I don’t know the game plan of TPTB. I don’t even kid myself of having a good guess of that plan. The only thing I am sure of is that the plan does exist, and that the plan is not going to be friendly to the middle class. Therefore I allocated one third of my net worth into my primary residence, another third – into US bonds and TIPS, and the last third is the total amount of the (promised) social security payments. Time will tell if this was a good enough allocation.

    1. I agree on your inflation assessment. We really don’t know how it’s going to turn out exactly, but we are seeing how it is all intentional.

      Not everyone can invest the same way. Everyone’s objectives are different. The primary reason I just purchased this last property was to shift assets away and into a more friendly jurisdiction, while perhaps helping with a bug out home outside and west of the DC area. But really, given what the global plan is, I am probably just rearranging deck chairs on the Titanic.

    2. as far as I can tell, one of the primary goals is to ‘equalize’ the standards of living across the world. whereas over the past 50 years the average worker in Western countries earned absolutely huge amounts relative to those in places like Malaysia or Brazil, this will be a thing of the past. many people in North America and Europe will have their level of wealth and income reduced significantly.

      1. That’s the plan all along, but the adversary, Satan and his workers, couldn’t be overtly punishing of the West all at once. It’s been a gradual process to overrun with multiculturalism and reprobate behavior, but God knows where the Israelite remnants are located, and when the final stages are put into place, God will ruin it. The NWO will never exist longer than the revelation period.

        How do I know? The OT lays it all out like a roadmap on the breakfast table.

  16. History shows very clearly that gold is by far the best over long term. It is not over the short term due to the manipulations. Inarguable…

    1. What good is a hedge if its only realized over a span longer then a typical person’s lifespan?

    2. But it doesn’t generate income. The income from RE compounded dwarfs anything else over time. Not REITs, but direct ownership.

  17. If I were a Western politician who was sponsored by the Synagogue of Satan, I would support the very energy policies that the current governing authorities are promoting. I would also promote the very health policies that are now killing untold millions in the wake of the COVID scam.

    Leviticus 26:17 KJV
    And I will set my face against you, and ye shall be slain before your enemies: they that hate you shall reign over you; and ye shall flee when none pursueth you.

    1. The fools will vote them in again this November. It amazes me what the average person cares about. It’s so difficult trying to listen to people anymore.

      $31 trillion may seem a fanciful number, but U.S. debt will soon hit your wallet hard


      During a rare television interview this week with CNN, President Joe Biden had difficulty pinpointing just how much the misleadingly named Inflation Reduction Act would contribute to fighting climate change.

      He said it would spur something around “a billion a trillion $750 million dollars billion dollars off the sidelines in investment.”

      A bit of a head scratcher.

      Yet that confusion is reminiscent of what I feel when I (a humble English major) try to wrap my head around a number as large as $31 trillion.

      That’s what our gross national debt topped last week, a record high for the country, and one we should all be concerned about.

      Here’s why.

      Economy keeps tanking
      With inflation still at 40-year-highs, rising interest rates and continued out-of-control federal spending, Americans are just starting to feel the pain of our government’s years of irresponsible decisions.

  18. I am finding this out first hand….

    How Cancer Deaths From the COVID Jabs Are Being Hidden


    Analysis of U.S. Morbidity and Mortality Weekly Report (MMWR) data suggests the U.S. Centers for Disease Control and Prevention has been filtering and redesignating cancer deaths as COVID deaths since April 2021 to eliminate the cancer signal

    The signal is being hidden by swapping the underlying cause of death with main cause of death

    Uncontrollable turbo-charged cancers the medical establishment had never seen before only started to occur after the rollout of the COVID jabs

    Before it was manipulated to eliminate the safety signal, data from the Defense Medical Epidemiology Database (DMED) showed cancer rates among military personnel and their families tripled after the rollout of the shots

    After the rollout of the COVID jabs in 2021, cancer patients have gotten younger, with the largest increase occurring among 30- to 50-year-olds, tumor sizes are dramatically larger, multiple tumors in multiple organs are becoming more common, and recurrence and metastasis are increasing

    1. Great point about the increasing health problems since the Covid Vax rollout. I am seeing people around me who got the shots having so many more health issues lately. I am also seeing more cancer diagnosis among my relatives who got the shots.

      I am renewing my group health insurance for next year and the rates have jumped by 35% which I have never seen before. This is a sign that everyone is getting sicker and putting more demand on health services as well as on the insurers to pay. They have to increase the rates to cover all the additional sick people.

      Anybody who got the Covid shots to keep their paycheck to feed their children won’t be around much longer for the kids.

      1. I’m hearing stories about people just falling over and dying randomly. Or dying in their sleep. A guy across the street was discovered dead in his apartment. Just dropped dead. I’m rather worried about a jabbed friend of mine who fell over twice in the last year. The last time was in a store, boom, on the floor, no warning. I don’t know – I just didn’t hear of people passing out for no reason before. It’s like there’s no warning signs of something wrong – but maybe there were and the jabbed are afraid to mention it or face it? I do have a few family members who are suffering from sudden onset and fast growing cancers.

        1. I had COVID and no vaccine. The first symptom out of nowhere was dizziness and lightheadedness which made me drop. The COVID affects the Vagus nerve which controls many functions.

          1. I know of several vaxxed people who subsequently got COVID. And they got it badly.

  19. Very well stated and I can’t disagree. Not because of my experience but in theory only. However, might your landlord model work best owning multiple homes?

    It’s fairly common to have a family buying a starter home then through years of hard work and saving, end up buying a replacement property while not having to give up their starter home. They simply rent the starter out, and possibly at a profit, to help pay for the new place or help with retirement savings. This can only work if you have a tenant with high moral values that pays the rent. But it’s not uncommon for the gypsies to move in, be the model tenant for a few months then stop paying.

    In CA it seems the tenant has more rights than the property owner. Long story shot it will take you several months to get them out and often through an expensive legal battle. For a property owner who has multiple properties absorbing one or two of these situations may not affect cash flow too much. But for the person who relies on a paying tenant to fund another property can easily go under in such a scenario.

    I own a condo outright in a very desirable area that can rent for about $2K / mo or more. I have considered renting it out to help fund a new place but the gypsy scenario does not appeal to me. I’m not a terrible judge of character so might be OK finding someone good. However, if I leave the tenant selection to an agency or realtor “expert” is where I theorize things could go sideways. Most people in my position will simply say go through a rental service and pay them the percentage to deal with it. Easy hassle free money right? But my thought is the agency is primarily interested in their cut so will find just about anyone they can stuff in your place.

    There is no free lunch. Either be prepared to be a full on landlord (like Chris) or sell the place and use the cash to upgrade. Or do nothing and enjoy the other side of an inflation hedge by living an a $2K +/ mo rental for $600.00 / mo. Reducing your monthly obligation to the point being able to not worry about much is a strategy. Along those lines one of my friends told me about his great grandmother who smoked non filter cigarettes and had a few shots of whiskey daily until she died at 100 YO. He told me her favorite saying was: “you know what I worry about? Nothin!”

    1. When the law favors squatters, you really have to be picky about the tenants. However here comes that property tax bill and any profits are pushed out a few more years to get the initial purchase price back. It may not be about profits but about managing debt payments for 20 years.

      I’ve noticed the people in my area that smoke and drink live longer than those that exercise and eat healthy. Although they do have health problems. Must all be in the mind.

      1. I would never invest in CA. What a recalcitrant government.

        Another reason I bought this last house was because I figured the replacement cost for insurance purposes was at least as much as the purchase price. I get a free .25 acre lot built out with public sewer and water. And in a nice area.

        1. It’s not the prospective tenants I worry about, it’s the government. Look what they did in the wake of covid. This is especially true in the blue states. The regulations in states like Maryland, which trip over themselves to prove how multicultural they are, are much more onerous than in Virginia.

          And this is a microcosm of how the government in each of those States monitors and regulates. In these blue States it’s much more difficult to evict a tenant for non-payment and in many regards the governing agencies will side with the tenant.

          I personally use Zillow as it is an easy way to check credit, evictions, and criminal history. I generally don’t have any problems with my tenants, but I know landlords who have been put through the wood chipper.

          1. You’re not kidding.

            Police: Black Chicago Woman Accused of Dismembering Landlord with Butcher Knives

            Police: Chicago Woman Accused of Dismembering Landlord with Butcher Knives

            1. The whole time the white landlord was getting butchered she was puzzled, because she thought everybody was the same.

          2. Yep you can get ones that have a good record but turn out to be dirtbags and trash your house. Once you get good ones treat them good let them make the home their home as much as you can. I only have 2 houses but have not raise rent on them at all. One house i actually lowered the rent about a year after they moved in because the mom with 3 kids keeps the house spotless. dropped the rent $25 a month. I still make money on top of the mortgages getting paid that works for me.

  20. I agree. The best inflation hedge is something that people need to have. That’s ultimately food, water, and shelter. The SoS’s goal might be to have everyone spend their income on taxes, food, and rent. That would be a great cure for the “climate crisis.” Food might get so expensive that people will have to eat bugs instead of meat.

    Rate hikes could make core inflation worse. If a landlord has to pay higher financing costs, he will pass those costs on to his tenants. Similarly, a food producer who has to pay more for debt might cut expansion plans, thereby decreasing food supply growth.

    CNBC posted a chart yesterday showing that prices of a lot of discretionary items are down. That should be a sign that the Fed has already raised enough to cool off extra demand (if such excess demand even existed.) This should encourage the Fed to stop raising rates. The inverted yield curve is another sign that the Fed should stop.

    But the Fed is focusing only on goods and services that are essential and tend to increase in price with rate hikes. The Fed will continue this deliberate mistake until they “accidentally” break something. And then the Fed will say “we were focused on the wrong things” just like in 2008, when Bernanke was “blinded” by high oil prices and missed the financial collapse.


Comments are closed.