'Be Prepared'

That was the motto they taught me so many years ago.  I am the little tenderfoot middle row far left, away from home for the first time, missing my mommy but putting on a brave front.  Wow, 1970... Nixon had not even closed the 'gold window' yet; had not even set us upon the disconnected and debt paved path on which we now find ourselves.

Financial and lifestyle preparation, an awareness of history and a b/s detector in good working order are necessary for today's financial survivors.  But unfortunately, too many people have taken the bit, bought what has been sold to them in the mainstream media and financial services industry and are now floating rudderless.

Be prepared for either eventuality; a breakout in inflationary fears that makes the 70's look quaint or the dreaded opposite.  You know what that is... a deflation event that would reset the entire game and firmly put policy makers back in control.

How can the choices include such extremes?  We are in the age of extremes, pinging the polar opposite extremes periodically in an ongoing continuum until finally confidence is all but lost and one monetary condition asserts itself.  Be prepared.

Thanks to 'Chuckie' (1st row, 2nd from left) for the pic.

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