Complex systems, 
Your bang on the mark @thc0655, this is all perception deception. Here in Aus theyāve played the game for years with a story of the āAussie battlerā doing it tough one week, then the following week they slam another person as a bludger (Lazy), living off the hard working folk of the country. So be prepared for the push pull on the emotion levers.
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Iām about 15 minutes into this podcast and Chris reports the number of 2 out 3 people live paycheck to paycheck and with food prices rising as they are,that tells me there will be a lot more people who will be food insecure. The easy, cheap, free money for rich Oligarchs is crushing the rest of us who have to suffer the double insult of raging inflation while wages have been stagnant for decades.
Iām old enough to remember how far our dollars used to go. Iām old enough to remember what my part time wages were as a waitress and office/warehouse cleaner/janitor. I actually made more money in 1982 from my two part time jobs than my daughter made from her two part time jobs in 2014(!) while the prices for the same things were all exponentially higher for her.
Thank you Paul Kiker for discussing the mass purchase of single family homes by investors who then turn around and charge exhorbitant rents. The fiat currency has a lot to do with enabling these exploitive practices. Regulations should exist that protect the public from exploitation or usury - like those government guaranteed student loans. Exploitation/usury should not be legal in a free market society, nor should monopolies.
The 50ās quality of life for the public will not come back unless there is a new Master Resource to replace Oil. I believe we can still have a high quality of life with less energy, but it will be different from our past. When securing the basics is the priority, life becomes more simple.
As for the declines in Kraft, Starbucks, and other companies related to poor health choices, my youngest daughter and I were just talking about this topic and are hopeful that more people are taking their health into their own hands. I hope itās not just finances fueling these downturns. How many of us have lost faith in so many industries? And the commercial food industry is one those losers.
Personally, I have dropped A LOT of processed food from my diet both by not eating out and by not buying much processed food at the grocery store. I eat out maybe a 10th as much now as pre covid. Eating a lot more real food now and have reduced my eating to twice a day. Iām not the only Tribe member who has changed his/her diet either. I know Chris and Evie have changed their diet since covid. Iām sure many other Tribe members have too. Some changes due to Covid and some due to MAHA or both. Not sure we would have gotten MAHA without covid.
The Covid experience sure changed some behaviors, eh?
Well jeeze. Another great conversation. I wish I had money to invest! I would schedule a session with our friend, Paul Kiker!
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Never quite understood NFTs other than perhaps for ballgame or concert tickets? I understand the blockchain idea, for version control.
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Yea, the covid experience changed the way I look at some of my neighbors, and how they want to control ME.
As for investing (not to diminish Paulās potential), I certainly like the 9999 Au and Ag, but you canāt touch it (w/o using gloves) & still keep it in mint condition. There is something about the 90% coinage thatās so cool. Itās historical, as well as the old 80% Canuck Ag. With the spot prices increasing recently, the āoldā numismatic values are decreasing. You can pick up some beautiful pieces for close to spot. Or even $5 or $10 face-value rolls for spot. I keep a few $ of constitutional Ag on my mousepad and shuffle it every now and then, listening to the sound of real money. Itās not virtual.
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I might have too much pre 65 silver. Wish I could get local farmers to accept as currency to ward off the inflationary printing of fiat script.
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Legal Tender in Utardia, not that everyone is on queue with the idea or know how to value it. As a bonus for a Contractor (Ag Maples)ā¦no problem, thank you! A roll of Ag Eagles for some roadwork, not a second word. At the Mexican restaurant (not far from UVU), the owner looked at my plata Onza and told the hostess (his daughter) to take it. Curry in a Hurry, yep, owner said itās cash in our restaurant (Indian guy was quite familiar with Au Sovereigns). Granted these cases were a ~decade ago, and that silver has probably tripled in FRN currency.
Instead of politics (probably too late to change), we should look at the educational system. Charlie was working on this before they took him out.
Oh, one recent one. I paid a '64 quarter for a jar of chokecherry jam (preserves). That quarter is worth $2 more since the deal a few months ago and I havenāt even opened the jam yet.
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I think Iād be spending the fiat and keeping the Au and Ag 
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yep, here on Oz, Ive twice asked tradesman (yes - men) if they would take silver or gold for multi thousand dollar jobs and both said yesā¦they didnt get it, Greshams law and all that
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A few years ago I got a '64 in my change while paying for gas. Heard it ring on the counter and immediately thought āCool, a free gallon.ā Now though itād be more like two gallons.
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So Iām assuming your contractors bailed on your PM payment offer for their services once payday came? They chose the Aussie $? Pretty AUS $100 yaāll have there. Theyāre getting prettier in the States as well with holograms and multi-colored security bars.
I now save out the pre-82 copper pennies in the States. Getting more rare each day to find any in your change. A few years back Iām at a gas station in Arizona telling the guy I wanted copper pennies and nickles (yep, old pennies worth $0.03/ea, nickles $0.06/ea). He whipped out a silver dime and some copper pennies he also heard and claimed from the cash register (probably before it hit the registerāand Iām sure he balanced the till).
It took many years for the Au/Ag/Cu to go up on the spot fiat price, but it has now and thatās why Iām back to dollar cost averaging again (amongst other planetary issues, CDs maturing, etc.)
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We always threw our change into a big 5 gallon container. YEARS worth. Before taking it to the bank, I sorted through it. Out of $437, found one silver quarter, a few buffalo nickles, a 1976 dollar (40% silver), couple of foreign coins. The bank found a foreign coin I missed, and a dryer quarter they wouldnāt accept.
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Ah nope, quite the opposite ā¦I checked if they were interested, but then paid in fiat so I could keep the good money.