Originally Posted by ASU2003

And you know that the stock market is going to drop 50%+. What could an American do to protect themselves? Cash, cash, and more cash. Even if they put all of their money into a stable investment, their salary (if they have one), will soon go down. homes, cash they have, & price they pay for goods The price of goods would go down, making cash more valuable.would all work against them. I understand that controlled inflation is good for people who have some money, Controlled inflation is good for nearly everyone, (a rising tide raises all the boats) except for those on fixed incomes.

deflation is good for the poor. Neither inflation nor deflation are good for the poor. Deflation is good only for a person with large assets entirely in cash, or possibly gold.

If the value of the dollar goes down 500% somehow? Nothing can go down in value by more than 100%.

The only thing I can think of is to buy your house outright, have your car paid for, and get lucky and invest in the right foreign country that won't be affected too much by a collapse in the US.A U.S. collapse would have a huge global impact, just like in 1929.